Hi Everyone,
These are a set of Economy Questions. Answer them to gauge your preparation for Prelims.Answers will be uploaded at 5:00 pm.
[Questions]
Q.1) Consider the following statements. Which of them is/are correct?
1.Scope of BBPS will cover repetitive payments for everyday utility services such as electricity, water, gas, telephone and Direct-to-Home (DTH)
2.Umesh Bellur from IIT Bombay was set up to define a framework that enables the creation of pan- India touch points for bill payments by customers
Select the answer from the codes given below:
a)1 only
b)2 only
c)Both 1 and 2
d)Neither 1 nor 2
Q.2)Consider the following statements. Which of them is/are correct?
1.Automatic route doesn’t require any prior approval of govt or RBI
2.FIPB gives permission under government route
Select the answer from the codes given below:
a)1 only
b)2 only
c)Both 1 and 2
d)Neither 1 nor 2
Q.3)Consider the following statements. Which of them is/are correct?
1.Indian companies can not issues foreign currency convertible bonds
2.Foreign currency convertible bonds are debt instruments
Select the ans from the codes given below:
a)1 only
b)2 only
c)Both 1 and 2
d)Neither 1 nor 2
Q.4) Consider the following statements. Which of them is/are correct?
1.Price stability is objective of monetary policy
2.Urjit Patel committee gave recommendations with respect to Inflation
Select the answer from the codes given below:
a)1 only
b)2 only
c)Both 1 and 2
d)Neither 1 nor 2
Q.5)Primary sector includes:
a)Construction
b)Forestry
c)Export
d)Property dealing
Q.6)Consider the following statements
1.Macroeconomic stability
2.Cuts on wasteful expenditure
3.Strengthening govt finances
What are the objectives of Fiscal consolidation
a)1 and 2
b)2 and 3
c)1,2 and 3
d)1 and 3
Q.7)Consider the following:
1. SEZ dont have to pay for regular duties for sale in domestic market
2. SEZ products are cheaper than imports from FTA partner countries.
Choose the incorrect statement
1. 2 only
2. 1 only
3. Both 1 and 2
4. None of them
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