You Are On Multi Choice Question Bank SET 3776
188801. Which of the following is/are the Non- Tax Revenue components of the Union Budget of India ? (A) Custom Duties (B) Interest Receipts (C) Dividends and Pro ts
188802. The investments done by "Those Financial entities which were launched or incorporated in a foreign country but are investing in an Indian venture in India" are generally known as
188803. Which of the following projections is/are made by the RBI in its Monetary and Credit policy of the RBI for 2009-10 ? (A) It has projected that the Wholesale Price Index (WPI) based in ation would be around 4% by. March 2010 (B)The RBI has decided that it would continue to use the completion of monetary arid debt management tools to ensure successful completion of Govt. borrowing plans. (C) As per RBI projections deposits of scheduled commercial. banks would grow to about 18%.
188804. As we all know, a Committee on Financial Sector Assessment (CFSA) was set up in 2006 under the Chairmanship of Dr. Rakesh Mohan. What were its major observations ? (A) The banks in India are in a good position to absorb shocks due to credit, liquidity and market risks. (B) It is found that the financial sector is generally sound, and fairly liquid. However, cooperative sector needs some strengthening. (C) Committee recommended that the foreign investments in infrastructure and banking sector should not be more than 22% as the free ow of the same is adversely. affecting the growth of domestic deposit and savings. Domestic investors do not get attractive investment options.
188805. Which of the following is/are the major recommendations of Prof. Joseph Stiglitz Committee set up recently by a major international forum ? (A)The Committee recommended that a Global Economic Council should be set up urgently to address global financial issues. (B)All developed countries should take strong coordinated and effective actions to stimulate their economies. Industrial nations should dedicate 10% of their stimulus package for this cause. (C) Developed countries should suspend all their investments they are making in developing and poor countries at least for a period of 5 years. The only aid which should continue should be to UN sponsored Food Assistance and Emergency programmes. This will help developed nations to consolidate their domestic positions.
188806. As we all know managing inflation has been a very important aspect of the economy in India. Which of the following is/are true about the inflation and its effect on economy ? (A) Lack of inflation (deflation) is not necessarily a thing which is always good. (B) Inflation is an Increase In the general level of prices for goods and services. (C) When inflation goes up, the purchasing power of the money also goes up.
188807. Which of the following is the correct definition of the term National Income ? (A) National Income means the total amount of money Govt. earns only through direct tax collections. every year. (B)It is the total value of all sorts of stocks held by a country at a particular point of time. (C) This is the measure of the volume of commodities and services turned out during a given period counted without duplication.
188808. As we an know irrigation is a very crucial problem of the Indian Agriculture. At present how much area (in terms of percentage) out of the total cropped area is irrigated ?
188809. As we all know, the cooperative Banks in India are passing through a difficult phase and their performance is NOT as glamorous as that of the commercial banks today. What went wrong with cooperative Banks ? (A) The cooperative banks disbursed credit on the loans on demand mostly without proper guarantees and documents. Hence repayments were always at the mercy of the borrowers and upto some extent on good crops. (B) The cooperative banks are mostly under the supervisory control of the Panchayats, which are not professionally qualified to control such institutions. (C) Cooperative Banks do not get any relief package from the Govt. Hence they have to manage their affairs on their own resources only.
188810. As we have noticed many banks are now entering into Insurance business. Why are Banks entering into this sector particularly when many insurance companies are already there in India ? (A) By providing insurance products banks are earning additional revenue in terms of fee/commission. (B) Banks with their huge customer base are leveraging on their existing relationship to convert customers into policyholders. (C) With increase of health related problems, everybody wants an insurance cover no matter how big or small it is. Banks are coming up with many attractive offers, which are also affordable.
188811. As we know sometimes the Exim Bank of India extend the line of credit at the behest of and with the support of the Govt. of India to developing countries as part of bilateral economic cooperation pro-grammes named as IDEAS, What is the full form of IDEAS ?
188812. One of the key factors that provide impetus 10 strong growth is Interest Rates. How do interest rates contribute to the growth of economy particularly when these are lowered down ? (A) It gives corporations the opportunity to prepay high cost debts and replace them with fresh funds raised at lower rates. (B) Banks use this opportunity to maximize pro ts on their treasury operations and these excess pro ts are used to clean their Balance Sheets by making higher provisions for NPAs or sticky loans. (C)The Govt. also gets benefited as it can borrow funds from open market at low interest rates and bridge its fiscal deficit.
188813. The concept of - "Meeting the needs of present without compromising the ability of future generation to meet their needs", is generally known as the concept of______ .
188815. Which of the following was/ were the objectives of the Competition Act 2002 ? (A) To keep a check on unfair trade practices. (B) To promote Govt. supported products/services in competition to those launched by private parties- (C)To control the activities of the stock markets in India which are considered highly volatile.
188816. Which of the following is/was NOT included in the agenda set for the Banking Reforms in India ?
188818. As we all know Govt. of India pays special emphasis on management of Fiscal Deficit. What is Fiscal Deficit ?
188819. An argument amongst the economists all over the world is going on, on the issue of imposing special taxes on goods and services whose prices do not reflect the true social cost of their consumption, for example, tax on polluting environment. Which of the following are the other examples of such taxes ? (A) Duties on cigarettes (B) Duties on alcohol (C) Tax on gambling and lotteries (D) Airport Tax
188820. The presidential election of Iran held in June 2009 was contested between Mohd. Ahmedincjad and ______
188821. The presidential and Provincial Council elections took place in which of the following countries in August 2009 ?
188823. Which of the following Statements truly reflects India's position in the report title as "Agriculture Outlook 2009-18" released by the United Nation Food and Agriculture Organisation (FAO) and Organization for Economic Croperation and Development (OECD) ? (A) India is required to develop its infrastructure and also to take care of growing water shortage. (B) India is self suf cient in its food production. Hence it should help countries like Myanmar, Nepal, Pakistan and Sri Lanka etc. who are badly in need of support. At least 100 million tonnes food grain should be provided by India to all these countries immediately. (C) India should find out some other methods of calculating inflation as the present index of the price does not give the correct picture of the same.
188824. Which of the following is/are correct statements as per the "World Bank's Report on Global Economy" ? (A) The report says that India' growth rate will swing back to 8 percent in 2010 and move to 8.5 percent in 2011 (B) Global growth will be even worse than what we saw earlier. There may be 2.9 percent contraction in 2009 (C) Report says that Brazil and China will emerge as two fastest developing economies of the world in 2011 and 2012. India may be lagging behind as its infrastructure development is very slow and inappropriate.
188825. Which of the following countries is NOT the member of the Shanghai Cooperation Organisation (SCO) which was in news recently ?
188826. The Govt. of India has authorized which of the following organizations to raise Rs. 10.000 crores to refinance those banks who are lending money for infrastructural projects ?
188827. Which of the following is/are true about the Loan Waiver scheme for the farmers launched by the Govt. of India recently ? (A) The Govt. has taken over the debt of the farmers and has made reimbursement to the banks (B) The Govt. has identified 237 low productivity districts where farmers would be eligible for a minimum loan relief of Rs.20,000 even if their land holdings were above two hectares (C) Andhra Pradesh has the highest number of beneficiaries of the scheme.
188828. As we all know India's one of the major Imports is oil and petroleum. Out of the total consumption of the oil and petroleum, how much is consumed by the transport sector ? About
188829. Specially Developed Economic Zones (SEZs) in India where some of the economic laws and restrictions of the land are relaxed with the purpose of giving incentives to investors are commonly known as
188830. Stock market indexes traditionally served as a benchmark to measure the performance of which of the following types of. portfolios of the investors/promoters ?
188831. Which of the following is the name of the organisation, created to provide full employment and self - reliance to the women folk in India ?
188832. An agreement which in fact is a contract between the RBI and Banks for the sale and repurchase of Govt. securities and short term treasury bills at a future date and for which the RBI indicates the interest rate, is generally known as
188834. Usain Bolt who won the "Laurens World Sportsman of the Year Award", for his record breaking performance in Beijing Olympics is basically a/an
188838. Which of the following States has launched an Insurance scheme named as "Aam Aadami Insurance Scheme" which will provide Rs.75,000 insurance cover to all the bene ciaries ?
188839. UN Security Council recently imposed sanctions on which of the following nations for its recent missile tests and an underground test of a nuclear device ?
188840. In which of the following countries, India recently started its First Poverty Alleviation Project by sponsoring a farmers' training and information centre ?
188842. The government cannot afford to compartmentalize education. It has to be emphasized that any country which does not have a good university education will never be listed as an independent country and will never be able to progress. Only countries prepared to tolerate a second rate and subjugate status in the world would neglect higher education. If India has had any position in the comity of nations in past, it was only because it had a better higher education than many of its Asian counterparts. This, clear emphasis on the higher education, however, does not imply that it should be supported and developed at the cost of primary and secondary education.Questions (9-10) The human civilisation stands on an edge of destiny. It lies today on the mercy of nuclear weapons which have the power to destroy us completely lest controlled wisely. In such a crisis situation, it is important to develop sensitivity towards basic values of life. It includes an explicit realisation that humans swim in an ocean where they must swim together and sink together. At this juncture a single rotten sh would damage the ocean as a whole. Man can not afford to tamper with his loyalty to peace and international understanding which is the only way to deal with the situation. Anyone who does so, dooms the entire past, present and the future of the human civilisation.Which of the following can be inferred from the given passage ? (A) The use of all chemical products should be immediately stopped. (b) Scientists will have a hard I 3. time to estimate the rate of change of temperature in the years to come due to enormous changes in the environment. (C) The environmental disaster in the future will happen as a result of increased usage of fossil fuels.
188844. Which of the following statements nds least support by the argument made by the author in the given paragraph ?
188847. Which of the following is the most likely title of the bigger passage (having the same main idea as that of the given paragraph) in which this paragraph might have appeared ?
188849. Why is the marketing of recycled products not worthwhile according to the author ? (A) The original products are being sold at a much lower price as compared to the recycled products. (B) The overall effect of recycling on the environment is detrimental rather than beneficial. (C) It does not give appropriate economic returns since recycled products lack demand in the market.
188850. What, according to the author, should be done to avoid the destruction of life by the nuclear weapons ?
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