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Home/Economy/Page 2

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Asked: August 11, 2022In: Economy

Statutory Reserve Requirements

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In the context of the Indian economy, which of the following is/are the purpose/purposes of “Statutory Reserve Requirements”? To enable the ...Read more

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80%(a) 1 only ( 4 voters )
20%(b) 1 and 2 only ( 1 voter )
0%(c) 2 and 3 only ( 0 voters )
0%(d) 1, 2, 3, and 4 ( 0 voters )
Based On 5 Votes

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Asked: August 11, 2022In: Economy

Reserve Bank of India

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Consider the following statements regarding the Reserve Bank of India: It is a banker to the Central Government. It formulates and administers ...Read more

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Asked: August 10, 2022In: Economy

Which of the following statements about ‘zero-coupon bond’ is correct?

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0%(a) A bond with zero interest rate but with highest liquidity value for which investors get other concessions like tax breaks ( 0 voters )
100%(b) A bond with zero coupon rates which is sold at a price lower than its face value and investors get face value price at maturity ( 1 voter )
0%(c) A special category of bonds used as 'express money' to finance immediate needs of the economy which carries zero interest but gives tax credits to investors in their income tax returns ( 0 voters )
0%(d) A kind of bond which is generally issued by governments in the times of financial crises to the high income group citizens which carry no interest but investors get tax concessions for investing in it ( 0 voters )
Based On 1 Vote

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Asked: August 4, 2022In: Economy

‘Basel III Accord’ or simply ‘Basel III’, seeks to:

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0%(a) Develop national strategies for the conservation and sustainable use of biological diversity ( 0 voters )
0%(b) Reduce the greenhouse gas emissions but places a heavier burden on developed countries ( 0 voters )
100%(c) Improve banking sector's ability to deal with financial and economic stress and improve risk management ( 1 voter )
0%(d) Transfer technology from developed countries to poor countries to enable them to replace the use of chlorofluorocarbons in refrigeration with harmless chemicals ( 0 voters )
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Asked: August 4, 2022In: Economy

The National Housing Bank was set up in India as a wholly-owned subsidiary of which one of the following?

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100%(a) Reserve Bank of India ( 1 voter )
0%(b) State Bank of India ( 0 voters )
0%(c) ICICI Bank ( 0 voters )
0%(b) Life Insurance Corporation of India ( 0 voters )
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Asked: August 3, 2022In: Economy

“Industrial growth rate has lagged behind in the overall growth of Gross-Domestic-Product(GDP) in the post-reform period” Give reasons. How far the recent changes is Industrial Policy are capable of increasing the industrial growth rate?

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Asked: August 1, 2022In: Economy

In the parlance of financial investments, the term ‘bear’ denotes:

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0%(a) An investor who expects the price of particular shares to rise ( 0 voters )
100%(b) An investor who feels that the price of a particular security is going to fall ( 1 voter )
0%(c) A shareholder or a bondholder who, has an interest in a company, financial or otherwise ( 0 voters )
0%(d) Any lender whether by making a loan or buying a bond ( 0 voters )
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Asked: August 1, 2022In: Economy

In India, the interest rate on saving accounts in all the nationalized commercial banks is fixed by:

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0%(a) Union Ministry of Finance ( 0 voters )
0%(b) Union Finance Commission ( 0 voters )
0%(c) India's Bank Association ( 0 voters )
100%(d) None of the above ( 1 voter )
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Asked: July 30, 2022In: Economy

Dinar/New Dinar is the currency of

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0%(a) Sudan ( 0 voters )
25%(b) Saudi Arabia ( 1 voter )
75%(c) Kuwait ( 3 voters )
0%(d) U. A. E. ( 0 voters )
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Asked: July 30, 2022In: Economy

In India, the steel production industry requires the import of

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33.33%(a) Salpetre ( 1 voter )
0%(b) Rock phosphate ( 0 voters )
66.67%(c) Coking coal ( 2 voters )
0%(d) All of the above ( 0 voters )
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