Q681.Which of the following is included in National Food Security Mission (NFSM)?
Correct answer: All of the above
Q682.With reference to the institution of Banking Ombudsman in India, which one of the statements is not correct?
Correct answer: The order passed by the Banking Ombudsman are final and binding on the parties concerned
Q683.Since 1997-98 which statement is correct regarding Minimum Support Price (MSP)?
Correct answer: MSP > C2 costs
Q684.Consider the following statements. The function of commercial banks in India includes 1. Purchase and sale of shares and securities on behalf of customers. 2. Acting as executors and trustees of wills. Which of the statement(s) given above is/are correct?
Correct answer: Only 2
Q685.Among the following, which one is related to Blue Revolution in India?
Correct answer: Pisciculture
Q686.Which of the following terms indicates a mechanism used by commercial banks for providing credit to the government?
Correct answer: Statutory Liquidity Ratio
Q687.NAFED is connected with
Correct answer: Agricultural marketing
Q688.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. Which of the above action/actions can help in reducing the current accounts deficit?
Correct answer: 1 and 3
Q689.Public Distribution System is aimed at
Correct answer: All of the above
Q690.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 Banks. 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.
Correct answer: 1 and 3
Q691.Some time back, the Government of India, decided to delicense ‘White goods industry’. White goods includes
Correct answer: items purchased for conspicuous consumption
Q692.The basic aim of Lead Bank Scheme is that
Correct answer: individual banks should adopt particular districts for intensive development
Q693.Consider the following statements. Small-Scale industries are in most cases not as efficient and competitive as the large-scale ones. Yet the Government provides preferential treatment and reservation in a range of products to the small firms because small scale-industries. 1. Provide higher employment on per unit capital development basis. 2. Promote a regional dispersion of industries and economic activities. 3. Have performed better in export of manufactured products than the large scale ones. 4. Provide jobs to low skill workers who otherwise may not find employment avenues else where. Which of the above statements are correct?
Correct answer: 1 and 4
Q694.Consider the following liquid assets. 1. Demand deposits with the banks 2. Time deposits with banks 3. Savings deposits with banks 4. Currency The correct sequence of these assets in the decreasing order of liquidity is
Correct answer: 4, 1, 3, 2
Q695.Small Scale and Cottage Industries are important because
Correct answer: they provide more employment
Q696.In the context of Indian economy, ‘Open Market Operations’ refers to
Correct answer: purchases and sale of government securities by the RBI
Q697.Which one of the following is the objective of National Renewal Fund?
Correct answer: To safeguard the interests of who may be affected by technological upgradation of industry or closure of sick units
Q698.Priority Sector lending by banks in India constitutes the lending to
Correct answer: All of the above
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01
General practice
Topic-wise questions and study coverage will appear here.