Economy & social development: practice set 3

Which of the following statements with regard to the persons with disabilities in India is/are correct?

1. 1.The Rights of Persons with Disabilities Act, an Act passed by the Parliament of India in 2018, mandates reservation in education and employment, places a legal duty on Governments to ensure accessibility and non-discrimination.
2. 2.The Sugamya Bharat Abhiyan focuses on achieving universal accessibility for Persons with Disabilities across three key domains — built infrastructure, transport systems and information and communication technology.
3. 3.The National Divyangjan Finance and Development Corporation (NDFDC) is a public sector organisation set up by the Ministry of Corporate Affairs as a not-for-profit company to promote entrepreneurship among Persons with Disabilities (PwDs).

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An e-commerce revenue model where the seller has control over pricing but doesn’t keep products in stock and instead transfers customer orders and shipment details to a third-party supplier, who then ships the goods directly to the customer, is called:

With reference to investments, consider the following:

1. I.Bonds
2. II.Hedge Funds
3. III.Stocks
4. IV.Venture Capital

How many of the above are treated as Alternative Investment Funds?

Consider the following statements:

1. I.Capital receipts create a liability or cause a reduction in the assets of the Government.
2. II.Borrowings and disinvestment are capital receipts.
3. III.Interest received on loans creates a liability of the Government.

Which of the statements given above are correct?

Consider the following:

1. 1.Exchange-Traded Funds (ETF)
2. 2.Motor vehicles
3. 3.Currency swap

Which of the above is/are considered financial instruments?

With reference to the sectors of the Indian economy, consider the following pairs:

How many of the pairs given above are correctly matched?

With reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the following statements:

1. 1.There is no minimum capital requirement for wholly owned banking subsidiaries in India.
2. 2.For wholly owned banking subsidiaries in India, at least 50% of the board members should be Indian nationals.

Which of the statements given above is/are correct?

Consider the following statements:

1. Statement-I: India accounts for 3.2% of global export of goods.
2. Statement-II: Many local companies and some foreign companies operating in India have taken advantage of India's 'Production-linked Incentive' scheme.

Which one of the following is correct in respect of the above statements?

With reference to foreign-owned e-commerce firms operating in India, which of the following statements is/are correct?

1. 1.They can sell their own goods in addition to offering their platforms as market-places.
2. 2.The degree to which they can own big sellers on their platforms is limited.

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With reference to the expenditure made by an organisation or a company, which of the following statements is/are correct?

1. 1.Acquiring new technology is capital expenditure.
2. 2.Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure.

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With reference to Convertible Bonds, consider the following statements:

1. 1.As there is an option to exchange the bond for equity, Convertible Bonds pay a lower rate of interest.
2. 2.The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices.

Which of the statements given above is/are correct?

Consider the following statements:

1. 1.The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government.
2. 2.Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in public interest.
3. 3.The Governor of the RBI draws his power from the RBI Act.

Which of the above statements are correct?

With reference to 'WaterCredit', consider the following statements:

1. 1.It puts microfinance tools to work in the water and sanitation sector.
2. 2.It is a global initiative launched under the aegis of the World Health Organization and the World Bank.
3. 3.It aims to enable the poor people to meet their water needs without depending on subsidies.

Which of the statements given above are correct?

With reference to Foreign Direct Investment in India, which one of the following is considered its major characteristic?

Consider the following statements:

1. 1.In terms of short-term credit delivery to the agriculture sector, District Central Cooperative Banks (DCCBs) deliver more credit in comparison to Scheduled Commercial Banks and Regional Rural Banks.
2. 2.One of the most important functions of DCCBs is to provide funds to the Primary Agricultural Credit Societies.

Which of the statements given above is/are correct?

What is the importance of the term “Interest Coverage Ratio” of a firm in India?

1. 1.It helps in understanding the present risk of a firm that a bank is going to give loan to.
2. 2.It helps in evaluating the emerging risk of a firm that a bank is going to give loan to.
3. 3.The higher a borrowing firm's level of Interest Coverage Ratio, the worse is its ability to service its debt.

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Among the following, which one is the largest exporter of rice in the world in the last five years?

With reference to India's Five-Year Plans, which of the following statements is/are correct?

1. 1.From the Second Five-Year Plan, there was a determined thrust towards substitution of basic and capital good industries.
2. 2.The Fourth Five-Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power.
3. 3.In the Fifth Five-Year Plan, for the first time, the financial sector was included as an integral part of the Plan.

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The money multiplier in an economy increases with which one of the following?

Consider the following statements:

1. 1.The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments.
2. 2.The Central Government has domestic liabilities of 21% of GDP as compared to that of 49% of GDP of the State Governments.
3. 3.As per the Constitution of India, it is mandatory for a State to take the Central Government's consent for raising any loan if the former owes any outstanding liabilities to the latter.

Which of the statements given above is/are correct?

The term ‘Domestic Content Requirement’ is sometimes seen in the news with reference to

Who among the following can join the National Pension System (NPS)?

What is/are the advantage/advantages of implementing the ‘National Agriculture Market’ scheme?

1. 1.It is a pan-India electronic trading portal for agricultural commodities.
2. 2.It provides the farmers access to nationwide market, with prices commensurate with the quality of their produce.

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What is the purpose of setting up of Small Finance Banks (SFBs) in India?

1. 1.To supply credit to small business units
2. 2.To supply credit to small and marginal farmers
3. 3.To encourage young entrepreneurs to set up business particularly in rural areas.

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With reference to ‘National Investment and Infrastructure Fund’, which of the following statements is/are correct?

1. 1.It is an organ of NITI Aayog.
2. 2.It has a corpus of ₹ 4,00,000 crore at present.

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With reference to 'IFC Masala Bonds', sometimes seen in the news, which of the statements given below is/are correct?

1. 1.The International Finance Corporation, which offers these bonds, is an arm of the World Bank.
2. 2.They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.

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Which of the following is/are included in the capital budget of the Government of India?

1. 1.Expenditure on acquisition of assets like roads, buildings, machinery, etc.
2. 2.Loans received from foreign governments
3. 3.Loans and advances granted to the States and Union Territories

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