Economy & social development: practice set 6

A bond whose proceeds are used only to finance or refinance a combination of both environmental and social projects is called:

Consider the following statements about the Non-Banking Financial Companies (NBFCs) in India:

1. 1.NBFCs cannot accept demand deposits.
2. 2.All the NBFCs operating in India have to be registered with the RBI.
3. 3.NBFCs form part of the payment and settlement system and can issue cheque drawn on itself.
4. 4.Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation (DICGC) is not available to the depositors of deposit taking NBFCs.

Which of the statements given above is/are correct?

Consider the following statements:

1. I.India accounts for a very large portion of all equity option contracts traded globally thus exhibiting a great boom.
2. II.India's stock market has grown rapidly in the recent past even overtaking Hong Kong's at some point of time.
3. III.There is no regulatory body either to warn the small investors about the risks of options trading or to act on unregistered financial advisors in this regard.

Which of the statements given above are correct?

Which of the following statements with regard to recommendations of the 15th Finance Commission of India are correct?

1. I.It has recommended grants of ₹ 4,800 crores from the year 2022–23 to the year 2025–26 for incentivizing States to enhance educational outcomes.
2. II.45% of the net proceeds of Union taxes are to be shared with States.
3. III.₹ 45,000 crores are to be kept as performance-based incentive for all States for carrying out agricultural reforms.
4. IV.It reintroduced tax effort criteria to reward fiscal performance.

Select the correct answer using the code given below.

Consider the following airports:

1. 1.Donyi Polo Airport
2. 2.Kushinagar International Airport
3. 3.Vijayawada International Airport

In the recent past, which of the above have been constructed as Greenfield projects?

Which one of the following activities of the Reserve Bank of India is considered to be part of ‘sterilization’?

Consider the following markets:

1. 1.Government Bond Market
2. 2.Call Money Market
3. 3.Treasury Bill Market
4. 4.Stock Market

How many of the above are included in capital markets?

Consider the following statements:

1. 1.The Self-Help Group (SHG) programme was originally initiated by the State Bank of India by providing microcredit to the financially deprived.
2. 2.In an SHG, all members of a group take responsibility for a loan that an individual member takes.
3. 3.The Regional Rural Banks and Scheduled Commercial Banks support SHGs.

How many of the above statements are correct?

Consider the following statements:

Other things remaining unchanged, market demand for a good might increase if

1. 1.price of its substitute increases
2. 2.price of its complement increases
3. 3.the good is an inferior good and income of the consumers increases
4. 4.its price falls

Which of the above statements are correct?

Consider the following:

1. 1.Foreign currency convertible bonds
2. 2.Foreign institutional investment with certain conditions
3. 3.Global depository receipts
4. 4.Non-resident external deposits

Which of the above can be included in Foreign Direct Investments?

Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?

In India, the central bank's function as the 'lender of last resort' usually refers to which of the following?

1. 1.Lending to trade and industry bodies when they fail to borrow from other sources
2. 2.Providing liquidity to the banks having a temporary crisis
3. 3.Lending to governments to finance budgetary deficits

Select the correct answer using the code given below.

In India, under cyber insurance for individuals, which of the following benefits are generally covered, in addition to payment for the loss of funds and other benefits?

1. 1.Cost of restoration of the computer system in case of malware disrupting access to one's computer
2. 2.Cost of a new computer if some miscreant wilfully damages it, if proved so
3. 3.Cost of hiring a specialized consultant to minimize the loss in case of cyber extortion
4. 4.Cost of defence in the Court of Law if any third party files a suit

Select the correct answer using the code given below:

Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?

1. 1.Working capital for maintenance of farm assets
2. 2.Purchase of combine harvesters, tractors and mini trucks
3. 3.Consumption requirements of farm households
4. 4.Post-harvest expenses
5. 5.Construction of family house and setting up of village cold storage facility

Select the correct answer using the code given below:

Consider the following statements:

As per the Industrial Employment (Standing Orders) Central (Amendment) Rules, 2018

1. 1.if rules for fixed-term employment are implemented, it becomes easier for the firms/companies to lay off workers
2. 2.no notice of termination of employment shall be necessary in the case of temporary workman

Which of the statements given above is/are correct?

Consider the following statements:

1. 1.Most of India's external debt is owed by governmental entities.
2. 2.All of India's external debt is denominated in US dollars.

Which of the statements given above is/are correct?

What was the purpose of Inter-Creditor Agreement signed by Indian banks and financial institutions recently?

Which of the following statements is/are correct regarding the Maternity Benefit (Amendment) Act, 2017?

1. 1.Pregnant women are entitled for three months pre-delivery and three months post-delivery paid leave.
2. 2.Enterprises with crèches must allow the mother minimum six crèche visits daily.
3. 3.Women with two children get reduced entitlements.

Select the correct answer using the code given below.

As per the NSSO 70th Round "Situation Assessment Survey of Agricultural Households", consider the following statements:

1. 1.Rajasthan has the highest percentage share of agricultural households among its rural households.
2. 2.Out of the total agricultural households in the country, a little over 60 percent belong to OBCs.
3. 3.In Kerala, a little over 60 percent of agricultural households reported to have received maximum income from sources other than agricultural activities.

Which of the statements given above is/are correct?

Consider the following statements:

1. 1.Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders fail to repay dues.
2. 2.CAR is decided by each individual bank.

Which of the statements given above is/are correct?

Despite being a high saving economy, capital formation may not result in significant increase in output due to

With reference to the ‘Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)’, consider the following statements:

1. 1.A property transaction is not treated as a benami transaction if the owner of the property is not aware of the transaction.
2. 2.Properties held benami are liable for confiscation by the Government.
3. 3.The Act provides for three authorities for investigations but does not provide for any appellate mechanism.

Which of the statements given above is/are correct?

Consider the following statements:

1. 1.National Payments Corporation of India (NPCI) helps in promoting the financial inclusion in the country.
2. 2.NPCI has launched RuPay, a card payment scheme.

Which of the statements given above is/are correct?

Consider the following statements:

1. 1.India has ratified the Trade Facilitation Agreement (TFA) of WTO.
2. 2.TFA is a part of WTO’s Bali Ministerial Package of 2013.
3. 3.TFA came into force in January 2016.

Which of the statements given above is/are correct?

With reference to 'Initiative for Nutritional Security through Intensive Millets Promotion', which of the following statements is/are correct?

1. 1.This initiative aims to demonstrate the improved production and post-harvest technologies, and to demonstrate value addition techniques, in an integrated manner, with cluster approach.
2. 2.Poor, small, marginal and tribal farmers have larger stake in this scheme.
3. 3.An important objective of the scheme is to encourage farmers of commercial crops to shift to millet cultivation by offering them free kits of critical inputs of nutrients and microirrigation equipment.

Select the correct answer using the code given below.

Pradhan Mantri MUDRA Yojana is aimed at