Q.1) Pradhan Mantri Ujjwala Yojana is a scheme for providing Free LPG connections to Women from BPL Households. with this regard, consider the following statements.
1. This will provide free LPG cylinders along with kerosene to women free of cost.
2. Identification of the BPL families will be done with the help of NSSO only.
3. It was approved by committee on petroleum and natural gas headed by PM.
Select the correct statement using the codes given below.
a) 1 and 2 Only
b) 2 and 3 Only
c) 1 only
d) None of them
Q.2) Co-operative banks is retail end commercial banking organized on a cooperative basis. Which this respect, consider the following statements:
1. Co-operative banks are not subject to CRR and SLR.
2. Co-op banks are first govt sponsored and govt supported financial agency of India.
Select the correct statement using the codes given below.
a) 1 Only
b) 2 Only
c) Both 1 and 2
d) Neither 1 nor 2
Q.3) Full convertibility of Rupee was advocated by Tarapore committee as
1. it will help in promotion of exports
2. it will help India get secure loan from world financial market.
select the correct answer using the codes given below.
a) 1 Only
b) 2 Only
c) Both 1 and 2
d) Neither 1 nor 2
Q.4) Which of the following is correct with respect to Purchasing power parity and exchange rate?
a) Market exchange rate are used to compare international income
b) There is no difference between market exchange rate and PPP
c) PPP are unstable as compared to market exchange rate
d) PPP is used to determine relative value of currencies estimating amount of adjustment needed on exchange rate.
Q.5) National Income includes:
1. FDI
2. Indirect taxes
3. External commercial Borrowings
Select the correct answer using the codes given below.
a) 2 and 3 only
b) 1 and 3 only
c) 1 and 2 only
d) 1, 2 and 3
Q.6) Consider the following statements:
1. Minimum investment in government securities is Rs 100
2. They can be held by individuals only.
Which of the above statements is/are not correct?
a) 1 Only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Q.7) Enforcement directorate who investigates various economic offence works under:
a) It is an independent non constitutional body.
b) It works under Ministry of Commerce and industry
c) It works under Ministry of finance
d) It works under mandate of RBI.
Q.8) A policy of sterilization means
a) Identifying sources of black marketing and hoarding to curb increased prices of goods
b) Withdrawing equivalent amount of domestic currency from circulation to prevent inflation due to rise in forex
c) Control on imports to prevent domestic industry
d) None of the above
Q.9) Which of the following statement is correct regarding Rashtriya Mahila Kosh?
a) It works as a micro credit agency exclusively
b) It provides credit for service sector industries only which are managed by widowed women
c) It provides lending to intermediate micro-credit org. which lends to women
d) None of them
Q.10) Consider the following statements:
1. Full capital account convertibility is very dangerous during economic crisis
2. To go for full convertibility of capital account India should lower down its fiscal deficit.
Select the correct statement using the codes given below.
a) 1 Only
b) 2 Only
c) Both 1 and 2
d) Neither 1 nor 2
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