3329.Consider the following statements
1. GDR is a certificate issued by a depository bank, which purchases shares of foreign companies and deposits it on the account.
2. GDRs enable a company, the issuer, to access investors in capital markets outside of its home country.
3. Regulatory and other agencies suspect that GDR route is being used for bringing back suspected illicit funds stashed abroad.
Which of the above statements are correct?
1. GDR is a certificate issued by a depository bank, which purchases shares of foreign companies and deposits it on the account.
2. GDRs enable a company, the issuer, to access investors in capital markets outside of its home country.
3. Regulatory and other agencies suspect that GDR route is being used for bringing back suspected illicit funds stashed abroad.
Which of the above statements are correct?
1,2
1,2,3
2,3
1,3
Explanation:
GDR is a popular financial instrument used by listed companies in India, as also in many other countries, to raise funds denominated mostly in US dollar or euros. GDRs are typically bank certificates issued in more than one country for shares of a company, which are held by a foreign branch of an international bank.
GDR is a popular financial instrument used by listed companies in India, as also in many other countries, to raise funds denominated mostly in US dollar or euros. GDRs are typically bank certificates issued in more than one country for shares of a company, which are held by a foreign branch of an international bank.
3330.Consider the following statements
1. Project Panchdeep, a unique health-care administration program aimed at automating health-care services to over 6 crore beneficiaries spread across the country.
2. Infosys partnered with government for implementation of this project
Which of the above statements are not true?
1. Project Panchdeep, a unique health-care administration program aimed at automating health-care services to over 6 crore beneficiaries spread across the country.
2. Infosys partnered with government for implementation of this project
Which of the above statements are not true?
Only 1
Only 2
Both
Neither
Explanation:
The Center is implementing a Rs 1,900 crore e-governance project to automate transactions vis-a-vis the Employees State Insurance Corporation (ESIC).Under the project, named Panchdeep, a massive Enterprise Resource Planning (ERP) would be installed across the country. Wipro provided IT solution for project Panchdeep.
The Center is implementing a Rs 1,900 crore e-governance project to automate transactions vis-a-vis the Employees State Insurance Corporation (ESIC).Under the project, named Panchdeep, a massive Enterprise Resource Planning (ERP) would be installed across the country. Wipro provided IT solution for project Panchdeep.
3331.Consider the following statements
1. Dhan Sangam was seminar for banker was arranged by the Finance Ministry
2. S.S.Mundra Committee was set up for governance in banks.
Which of the above statements are not true?
1. Dhan Sangam was seminar for banker was arranged by the Finance Ministry
2. S.S.Mundra Committee was set up for governance in banks.
Which of the above statements are not true?
Only 1
Only 2
Both
Neither
Explanation:
Dhan Sangam was seminar for banker was arranged by the Finance Ministry while P.J.Nayak Commitee was set up for governance in banks.
Dhan Sangam was seminar for banker was arranged by the Finance Ministry while P.J.Nayak Commitee was set up for governance in banks.
3332.According to P.J.Nayak committee recommendations
1. Transfer of government shares in PSB to to Bank investment Company (BIC) so BIC will become Holding company and PSB banks became BIC's subsidiary companies.
2. Until BIC is formed Committee recommended formation of Bank Board Bureau
Which of the above statements are true?
1. Transfer of government shares in PSB to to Bank investment Company (BIC) so BIC will become Holding company and PSB banks became BIC's subsidiary companies.
2. Until BIC is formed Committee recommended formation of Bank Board Bureau
Which of the above statements are true?
Only 1
Only 2
Both
Neither
3333.Which government introduced smart-card for unorganized sector workers?
Gujarat
Maharashtra
Bihar
Delhi
Explanation:
Gujarat government has "U-Win" Smart-card for unorganized sector workers so they can get benefit of all Government schemes. Modi planning to implement same on all India- notification awaited.
Gujarat government has "U-Win" Smart-card for unorganized sector workers so they can get benefit of all Government schemes. Modi planning to implement same on all India- notification awaited.
3334.Which of the following city is not covered under "Char dham" Project?
Kedarnath
Badrinath
Dwarka
Gangotri
Explanation:
"Char-dham" project to build a New national highways connecting the four shrines of Kedarnath, Badrinath, Gangotri, and Yamunotri in Uttarakhand.
"Char-dham" project to build a New national highways connecting the four shrines of Kedarnath, Badrinath, Gangotri, and Yamunotri in Uttarakhand.
3335.Under HRIDAY scheme which of the following city is not included?
Puri
Agra
Patana
Amravati
Explanation:
Varanasi , Amritsar, Warangal(Telangana), Ajmer, Gaya, Mathura, Kanchipuram and Vellankini both in Tamil Nadu, Amaravati(AP) Badami, Dwaraka(Gujarat) and Puri are included in HRIDAY Scheme.
Varanasi , Amritsar, Warangal(Telangana), Ajmer, Gaya, Mathura, Kanchipuram and Vellankini both in Tamil Nadu, Amaravati(AP) Badami, Dwaraka(Gujarat) and Puri are included in HRIDAY Scheme.
3336.Currently base year for calculating GDP has been chaged. What is the new baseline year?
2008-09
2010-11
2011-12
2007-08
Explanation:
India's GDP was calculated with base year 2004-05. Base year changed to 2011-12. Subsequently 2012'13's GDP growth rate is increased from ~4.7%to ~7%.
India's GDP was calculated with base year 2004-05. Base year changed to 2011-12. Subsequently 2012'13's GDP growth rate is increased from ~4.7%to ~7%.
3337.Consider the following statements
1.The Mangala Area is a major oil field located in the Indian State of Rajasthan.
2.Cairn India is the operator of the field, a subsidiary of Cairn Energy.
Which of the above statements are correct?
1.The Mangala Area is a major oil field located in the Indian State of Rajasthan.
2.Cairn India is the operator of the field, a subsidiary of Cairn Energy.
Which of the above statements are correct?
Only 1
Only 2
Both
Neither
3338.Consider the following statements
1. The newly constituted National Highway Infrastructure Development Corporation Limited, which is mandated to develop 10,000 km of roads in the country with a special focus on North-East, will award the first highway project in Meghalaya
2.The company is mandated to build 10,000 km of roads in the North-East (Assam, Meghalaya, Manipur, Nagaland, Mizoram, Tripura and Arunachal Pradesh) and Uttarakhand.
Which of the above statements are correct?
1. The newly constituted National Highway Infrastructure Development Corporation Limited, which is mandated to develop 10,000 km of roads in the country with a special focus on North-East, will award the first highway project in Meghalaya
2.The company is mandated to build 10,000 km of roads in the North-East (Assam, Meghalaya, Manipur, Nagaland, Mizoram, Tripura and Arunachal Pradesh) and Uttarakhand.
Which of the above statements are correct?
Only 1
Only 2
Both
Neither
3339.Consider the following statements
1. The Reserve Bank of India and the European Central Bank have signed a memorandum of understanding for cooperation in the area of central banking.
2. The Reserve Bank of India signed a Memorandum of Understanding (MoU) on "Supervisory Cooperation and Exchange of Supervisory Information" with Banco Central do Brasil (BCB) .
Which of the above statements are true?
1. The Reserve Bank of India and the European Central Bank have signed a memorandum of understanding for cooperation in the area of central banking.
2. The Reserve Bank of India signed a Memorandum of Understanding (MoU) on "Supervisory Cooperation and Exchange of Supervisory Information" with Banco Central do Brasil (BCB) .
Which of the above statements are true?
Only 1
Only 2
Both
Neither
3340.Consider the following statements related to GST bill
1. The Centre will have one third weight in the GST Council while the states will have the remaining two-thirds and decisions will have to be passed with 75% vote.
2. Petroleum and Alcohol is excluded from GST
Which of the above statements is/are correct?
1. The Centre will have one third weight in the GST Council while the states will have the remaining two-thirds and decisions will have to be passed with 75% vote.
2. Petroleum and Alcohol is excluded from GST
Which of the above statements is/are correct?
Only 1
Only 2
Both
None
Explanation:
GST is an indirect tax levied on manufacture, sale and consumption of goods as well as services at a national level. The decision to keep petroleum out of GST for the time being will also lower the revenue neutral rate (RNR), at which both the Centre and states will not make a loss. Alcohol will also be excluded from GST,
GST is an indirect tax levied on manufacture, sale and consumption of goods as well as services at a national level. The decision to keep petroleum out of GST for the time being will also lower the revenue neutral rate (RNR), at which both the Centre and states will not make a loss. Alcohol will also be excluded from GST,
3341.Consider the following statements related to SEZ
1. It is a duty free enclave to be treated as foreign territory for the purpose of trade operations and duties and tariffs.
2. The corporation in SEZs will not have to pay any income tax on their profits for the first five years and only 50% of the tax for 2 more years thereafter.
3. A SEZ does not require a license for exports.
Which of the above statements are true?
1. It is a duty free enclave to be treated as foreign territory for the purpose of trade operations and duties and tariffs.
2. The corporation in SEZs will not have to pay any income tax on their profits for the first five years and only 50% of the tax for 2 more years thereafter.
3. A SEZ does not require a license for exports.
Which of the above statements are true?
1,2
2,3
1,3
All the above
Explanation:
A SEZ does not require a license for imports.
A SEZ does not require a license for imports.
3342.What is MAT?
Minimum Alternate Tax
Maximum Alternate Tax
Multiple Alternate Tax
None of the above
Explanation:
Minimum Alternate Tax (MAT) is direct tax system levied on companies having large profits and declaring substantial dividends to shareholders but are not paying corporate tax, by taking advantage of the various incentives and exemptions provided in the Income-tax Act.
Minimum Alternate Tax (MAT) is direct tax system levied on companies having large profits and declaring substantial dividends to shareholders but are not paying corporate tax, by taking advantage of the various incentives and exemptions provided in the Income-tax Act.
3343.Consider the following statements
1.The Index of Eight Core Industries (ICI) measures performance of eight infrastructure industries, viz Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity
2. It has the base year of 2004-05.
3. The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP).
Which of the above statements are correct?
1.The Index of Eight Core Industries (ICI) measures performance of eight infrastructure industries, viz Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity
2. It has the base year of 2004-05.
3. The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP).
Which of the above statements are correct?
1,2
1,3
2,3
All
3344.Consider the following statements
1. The Financial Sector Legislative Reforms Commission (FSLRC) is a body set up by Ministry of Finance in 2011, to review and rewrite the legal-institutional architecture of the Indian financial sector.
2. This Commission is chaired by a former Judge of the Supreme Court of India, Justice B. N. Srikrishna
Which of the above statements are correct?
1. The Financial Sector Legislative Reforms Commission (FSLRC) is a body set up by Ministry of Finance in 2011, to review and rewrite the legal-institutional architecture of the Indian financial sector.
2. This Commission is chaired by a former Judge of the Supreme Court of India, Justice B. N. Srikrishna
Which of the above statements are correct?
Only 1
Only 2
Both
None
3345.Which of the following is not advantage of full capital account convertibility ?
Encourages import
Boosts exports
Easy access to forex
Promotes trade and capital flows between nations
Explanation:
Imports become expensive and results in import substitution. Import substitution industrialization is a trade and economic policy which advocates replacing foreign imports with domestic production.
Imports become expensive and results in import substitution. Import substitution industrialization is a trade and economic policy which advocates replacing foreign imports with domestic production.
3346.Financial Sector Legislative Reforms Commission has various working groups dedicated to in depth analysis of different sectors. Match the pairs of different working groups and their chairman.
i. Banking -------------------------------- 1. P.J Nayak
ii. Insurance,Pension, Small saving ------- 2. Dr. Govind Rao
iii. Public debt management --------------- 3. Jayant Verma
iv. Payment-------------------------------- 4. Dhirendra Swarup
v. Securities ----------------------------- 5. K.J.Udshi
i. Banking -------------------------------- 1. P.J Nayak
ii. Insurance,Pension, Small saving ------- 2. Dr. Govind Rao
iii. Public debt management --------------- 3. Jayant Verma
iv. Payment-------------------------------- 4. Dhirendra Swarup
v. Securities ----------------------------- 5. K.J.Udshi
i-4 ,ii-3, iii-1, iv-2, v-3
i-3, ii-4, iii-2, iv-5, v-1
i-5, ii-4, iii-2, iv-1, v-3
i-5, ii-3, iii-2, iv-4, v-1
3347.Which of the following is part of priority sector lending?
1. Education
2. renewable energy
3. Personal loans
4. social infrastructure
5. Medium enterprises
6. Export Credit
7. Housing
8. Credit cards
1. Education
2. renewable energy
3. Personal loans
4. social infrastructure
5. Medium enterprises
6. Export Credit
7. Housing
8. Credit cards
1,2,5,7,8
1,2,3,7,8
1,3,4,5,6,7
1,2,3,5,7,8
3348.Consider the following statements about priority sector lending
1.All banks have to lend at least 40% of their net credit to the priority sector
2.Foreign banks with less than 20 branches will move to total priority sector target of 40 percent by 2019-20.
Which of the above statements are correct?
1.All banks have to lend at least 40% of their net credit to the priority sector
2.Foreign banks with less than 20 branches will move to total priority sector target of 40 percent by 2019-20.
Which of the above statements are correct?
Only 1
Only 2
Both
None
3349.Consider the following statements about GST
1. Both Central and State taxes will be collected at the point of sale.
2. The Central and State GST will be charged on the manufacturing cost.
Which of the above statements are correct?
1. Both Central and State taxes will be collected at the point of sale.
2. The Central and State GST will be charged on the manufacturing cost.
Which of the above statements are correct?
Only 1
Only 2
Both
None
3350.Consider the following statements
1.Indias first new pulp line unit for production of bank note paper is established at Hoshangabad in Madhya Pradesh
2. It will eliminate the need to import its currency paper from Australia and Japan.
Which of the above statements is/are correct?
1.Indias first new pulp line unit for production of bank note paper is established at Hoshangabad in Madhya Pradesh
2. It will eliminate the need to import its currency paper from Australia and Japan.
Which of the above statements is/are correct?
Only 1
Only 2
Both
None
Explanation:
It is the initiative under Make in India.
It is the initiative under Make in India.
3351.Countries or states which impose no tax or very low tax is called as
Tax terrorism
Tax Heavens
Tax Keepers
Tax generators
Explanation:
A tax haven is a state, country or territory where, on a national level, certain taxes are levied at a low rate or not at all.
A tax haven is a state, country or territory where, on a national level, certain taxes are levied at a low rate or not at all.
3352.Increase in Bank Rate
increases the cost of borrowing by commercial banks
declines the supply of money
shows tightening of RBI monetary policy
all the above
Explanation:
Bank rate is the rate at which a central bank is ready to buy or rediscount bills of exchange or other commercial papers. It also signals the medium-term stance of monetary policy. When bank rate is raised, it is expected that all interest rates will move together in the same direction.
Bank rate is the rate at which a central bank is ready to buy or rediscount bills of exchange or other commercial papers. It also signals the medium-term stance of monetary policy. When bank rate is raised, it is expected that all interest rates will move together in the same direction.
3353.Which of the following are features of amendments to the Companies Act
1. Removed limit for minimum capital required for formation
2. If a firm fails to repay the deposit or any interest it will be punishable with fine
3. All cases under the Companies Act cannot be tried by a special court and that only serious offenses will go to such courts
Which of the above statements is/are incorrect?
1. Removed limit for minimum capital required for formation
2. If a firm fails to repay the deposit or any interest it will be punishable with fine
3. All cases under the Companies Act cannot be tried by a special court and that only serious offenses will go to such courts
Which of the above statements is/are incorrect?
1,2
2,3
1,3
All
3354.Consider the following statements
1. The Reserve Bank of India has asked all public sector banks, some private sector and foreign banks to appoint an internal ombudsman.
2. The internal ombudsman would be designated Chief Customer Service Officer (CCSO).
3. RBI has also made it clear that the CCSO should not have worked in the bank in which he/she is appointed as CCSO.
Which of the above statements are true?
1. The Reserve Bank of India has asked all public sector banks, some private sector and foreign banks to appoint an internal ombudsman.
2. The internal ombudsman would be designated Chief Customer Service Officer (CCSO).
3. RBI has also made it clear that the CCSO should not have worked in the bank in which he/she is appointed as CCSO.
Which of the above statements are true?
1,2
2,3
1,3
All the above
3355.Which of the following agency is responsible for management of Chit funds?
RBI
Central government
State governments
SEBI
Explanation:
Chit funds in India are governed by the Chit Funds Act, 1982. Under this Act, the chit fund businesses can be registered and regulated only by the respective state governments
Chit funds in India are governed by the Chit Funds Act, 1982. Under this Act, the chit fund businesses can be registered and regulated only by the respective state governments
3356.Consider the following statements related to Bhartiya Mahila Bank
1. It is the only public sector bank in the country entirely owned by the government
2. This bank works exclusively for women
Which of the above statements is/are correct?
1. It is the only public sector bank in the country entirely owned by the government
2. This bank works exclusively for women
Which of the above statements is/are correct?
Only 1
Only 2
Both
None
Explanation:
Although initially reported as a bank exclusively for women, the bank allows deposits to flow from everyone, but lending will be predominantly for women
Although initially reported as a bank exclusively for women, the bank allows deposits to flow from everyone, but lending will be predominantly for women
3357.Consider the following statements related to FDI in retail
1. India allows 100% FDI in single-brand stores but imposed the requirement that the single brand retailer source 30 percent of its goods from India.
2. Government of India allowed 100% FDI in multi-brand retail in India after approval from individual state
Which of the above statements is/are correct?
1. India allows 100% FDI in single-brand stores but imposed the requirement that the single brand retailer source 30 percent of its goods from India.
2. Government of India allowed 100% FDI in multi-brand retail in India after approval from individual state
Which of the above statements is/are correct?
Only 1
Only 2
Both
None
Explanation:
Government of India allowed 51% FDI in multi-brand retail in India after approval from individual state
Government of India allowed 51% FDI in multi-brand retail in India after approval from individual state
3358.Consider the following statements
1. RBI allowed Infrastructure Debt Fund-Non-Banking Financial Companies to invest in public-private partnerships (PPPs) and infrastructure projects which have completed at least one year of satisfactory commercial operation.
2. The maximum exposure that an IDF-NBFC can take on individual projects will be at 50 per cent of its total capital funds.
3. An additional exposure up to 10 per cent could be taken at the discretion of the board of the IDF-NBFC.
Which of the above statements are correct?
1. RBI allowed Infrastructure Debt Fund-Non-Banking Financial Companies to invest in public-private partnerships (PPPs) and infrastructure projects which have completed at least one year of satisfactory commercial operation.
2. The maximum exposure that an IDF-NBFC can take on individual projects will be at 50 per cent of its total capital funds.
3. An additional exposure up to 10 per cent could be taken at the discretion of the board of the IDF-NBFC.
Which of the above statements are correct?
1,2
1,3
2,3
All
Explanation:
The RBI could permit additional exposure up to 15 per cent (over 60 per cent) “subject to such conditions as it may deem fit to impose regarding additional prudential safeguards.”
The RBI could permit additional exposure up to 15 per cent (over 60 per cent) “subject to such conditions as it may deem fit to impose regarding additional prudential safeguards.”
3359.Which of the following benefits from inflation?
Lender
Borrower
Both
None
Explanation:
Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. Inflation redistributes wealth from creditors to debtors so borrower gets benefits from inflation
Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. Inflation redistributes wealth from creditors to debtors so borrower gets benefits from inflation
3360.In terms of economy, the visit by foreign nationals to witness the XIX Common Wealth Games in India amounted to ?
Export
Import
Production
Consumption
3361.Which one of the following statements appropriately describes the "fiscal stimulus"?
It is a massive investment by the Government in manufacturing sector to ensure the supply of goods to meet the demand surge caused by rapid economic growth
It is an intense affirmative action of the Government to boost economic activity in the country
It is Government's intensive action on financial institutions to ensure disbursement of loans to agriculture and allied sectors to promote greater food production and contain food inflation
It is an extreme affirmative action by the Government to pursue its policy of financial inclusion
3362.Consider the following actions which the Government can take:
1.Devaluing the domestic currency.
2.Reduction in the export subsidy.
3.Adopting suitable policies which attract greater FDI and more funds from FIIs.
4.Which of the above action/actions can help in reducing the current account deficit?
1.Devaluing the domestic currency.
2.Reduction in the export subsidy.
3.Adopting suitable policies which attract greater FDI and more funds from FIIs.
4.Which of the above action/actions can help in reducing the current account deficit?
1 and 2
2 and 3
3 only
1 and 3
3363.A rapid increase in the rate of inflation is sometimes attributed to the "base effect". What is "base effect"?
(a.) It is the impact of drastic deficiency in supply due to failure of crops
(b.) It is the impact of the surge in demand due to rapid economic growth
(c.) It is the impact of the price levels of previous year on the calculation of inflation rate
(d.)None of the statements (a), (b) and (c) 'given above is correct in this context
Why is the offering of "teaser loans" by commercial banks a cause of economic concern?
1.The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.
2.In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units.
3.Which of the statements given above is/are correct?
(a.) It is the impact of drastic deficiency in supply due to failure of crops
(b.) It is the impact of the surge in demand due to rapid economic growth
(c.) It is the impact of the price levels of previous year on the calculation of inflation rate
(d.)None of the statements (a), (b) and (c) 'given above is correct in this context
Why is the offering of "teaser loans" by commercial banks a cause of economic concern?
1.The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.
2.In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units.
3.Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
3364.In the context of Indian economy, consider the following statements :
1.The growth rate of GDP has steadily increased in the last five years.
2.The growth rate in per capita income has steadily increased in the last five years.
3.Which of the statements given above is/are correct?
1.The growth rate of GDP has steadily increased in the last five years.
2.The growth rate in per capita income has steadily increased in the last five years.
3.Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
3365.In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?
Commercial Banks
Cooperative Banks
Regional Rural Banks
Microfinance Institutions
3367.The lowering of Bank Rate by the Reserve Bank of India leads to
More liquidity in the market
Less liquidity in the market
No change in the liquidity in the market
Mobilization of more deposits by commercial banks
3368.Which one of the following is not a feature of "Value Added Tax"?
It is a multi-point destination-based system of taxation
It is a tax levied on value addition at each stage of transaction in the production-distribution chain
It is a tax on the final consumption of goods or services and must ultimately be borne by the consumer
It is basically a subject of the Central Government and the State Governments are only a facilitator for its successful implementation
3369.A "closed economy" is an economy in which
the money supply is fully controlled
deficit financing takes place
only exports take place
neither exports nor imports take place
3370.Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are:
1.Credit facilities
2.Savings facilities
3.Insurance facilities
4.Fund Transfer facilities
Select the correct answer using the codes given below the lists:
1.Credit facilities
2.Savings facilities
3.Insurance facilities
4.Fund Transfer facilities
Select the correct answer using the codes given below the lists:
1 only
1 and 4 only
2 and 3 only
1, 2, 3 and 4
3371.Which of the following can aid in furthering the Government's objective of inclusive growth?
1.Promoting Self-Help Groups
2.Promoting Micro, Small and Medium Enterprises
3.Implementing the Right to Education Act
Select the correct answer using the codes given below:
1.Promoting Self-Help Groups
2.Promoting Micro, Small and Medium Enterprises
3.Implementing the Right to Education Act
Select the correct answer using the codes given below:
1 only
1 and 2 only
2 and 3 only
1, 2 and 3
3372.Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?
1.The Government intends to use the revenue earned-from the disinvestment mainly to pay back the external debt.
2.The Government no longer intends to retain the management control of the CPSEs.
3.Which of the statements given above is/are correct?
1.The Government intends to use the revenue earned-from the disinvestment mainly to pay back the external debt.
2.The Government no longer intends to retain the management control of the CPSEs.
3.Which of the statements given above is/are correct?
I only
2 only
Both 1 and 2
Neither 1 nor 2
3373.The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following?
1.Other banks retain their deposits with the RBI.
2.The RBI lends funds to the commercial banks in times of need.
3.The RBI advises the commercial banks on monetary matters.
Select the correct answer using the codes given below :
1.Other banks retain their deposits with the RBI.
2.The RBI lends funds to the commercial banks in times of need.
3.The RBI advises the commercial banks on monetary matters.
Select the correct answer using the codes given below :
2 and 3 only
1 and 2 only
1 and 3 only
1, 2 and 3
3374.Which of the following measures would result in an increase in the money supply in the economy?
1.Purchase of government securities from the public by the Central Bank
2.Deposit of currency in commercial banks by the public
3.Borrowing by the government from the Central Bank
4.Sale of government securities to the public by the Central Bank
Select the correct answer using the codes given below :
1.Purchase of government securities from the public by the Central Bank
2.Deposit of currency in commercial banks by the public
3.Borrowing by the government from the Central Bank
4.Sale of government securities to the public by the Central Bank
Select the correct answer using the codes given below :
1 only
2 and 4 only
1 and 3
2, 3 and 4
3375.Which of the following would include Foreign Direct Investment in India?
1.Subsidiaries of companies in India
2.Majority foreign equity holding in Indian companies
3.Companies exclusively financed by foreign companies
4.Portfolio investment
Select the correct answer using the codes given below :
1.Subsidiaries of companies in India
2.Majority foreign equity holding in Indian companies
3.Companies exclusively financed by foreign companies
4.Portfolio investment
Select the correct answer using the codes given below :
1, 2, 3 and 4
2 and 4 only
1 and 3 only
1, 2 and 3 only
3376.India has experienced persistent and high food inflation in the recent past. What could be the reasons?
1.Due to a gradual switchover to the cultivation of commercial crops, the area under the cultivation of food grains has steadily decreased in the last five years by about 30%.
2.As a consequence of increasing incomes, the consumption patterns of the% people have undergone a significant change.
3.The food supply chain has structural constraints.
Which of the statements given above1 are correct?
1.Due to a gradual switchover to the cultivation of commercial crops, the area under the cultivation of food grains has steadily decreased in the last five years by about 30%.
2.As a consequence of increasing incomes, the consumption patterns of the% people have undergone a significant change.
3.The food supply chain has structural constraints.
Which of the statements given above1 are correct?
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
3377.The basic aim of Lead Bank Scheme is that:
big banks should try to open offices in each district
there should be stiff competition among the various nationalized banks
individual banks should adopt particular districts for intensive development
all the banks should make intensive efforts to mobilize deposits
3378.In India, in the overall Index of Industrial Production, the Indices of Eight Core Industries have a combined weight of 37-90%. Which of the following are among those Eight Core Industries?
1.Cement
2.Fertilizers
3.Natural gas
4.Refinery products
5.Textiles
Select the correct answer using the codes given below :
1.Cement
2.Fertilizers
3.Natural gas
4.Refinery products
5.Textiles
Select the correct answer using the codes given below :