Economy

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The basic aim of Lead Bank Scheme is that.........
Big banks should try to open offices in each district
no
There should be stiff competition among the various nationalized banks
no
Individual banks should adopt particular districts for intensive development
yes
All the banks should make intensive efforts to mobilize deposits
no
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Supply of money remaining the same when there is an increase in demand for money, there will be.........

A fall in the level of prices
no
An increase in the rate of interest
yes
A decrease in the rate of interest
no
An increase in the level of income and employment
no
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Priority Sector Lending by banks in India constitutes the lending to.....
Agriculture
no
Micro and small enterprises
no
Weaker sections
no
All of the above
yes
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In the context of Indian economy, Open Market Operations refers to..........
Borrowing by scheduled banks from the RBI.
no
Lending by commercial banks to industry and trade.
no
Purchase and sale of government securities by the RBI.
yes
None of the above.
no
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If the interest rate is decreased in an economy, it will..........
Decrease the consumption expenditure in the economy
no
Increase the tax collection of the Government
no
Increase the investment expenditure in the economy
yes
Increase the total savings in the economy
no
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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 Bank 
2. Deposit of currency in the 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:
1 Only
no
2 & 4 Only
no
1 & 3
yes
2, 3 & 4
no
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To meet its rapidly growing energy demand, some opine that India should pursue research and development on Thorium as the future fuel of nuclear energy. In this context, what advantage does Thorium hold over uranium?

1. Thorium is far more abundant in nature than uranium. 
2. On the basis of per unit mass of mined mineral, thorium can generate more energy compared to natural uranium. 
3. Thorium produces less harmful waste in comparison to uranium. 

Which of the statements given above is/are Correct? 
1 Only
no
2 & 3 Only
no
1 & 3 Only
no
1,2 & 3
yes
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What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas?

1. It enables the beneficiaries to draw their subsidies and social security benefits in their villages.
2. It enables the beneficiaries in the rural areas to make deposits and withdrawals.
1 only
no
2 only
no
Both 1 and 2
yes
Neither 1 nor 2
no
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The terms ‘Marginal Standing Facility Rate’ and ‘Net Demand and Time Liabilities’, sometimes appearing in news, are used in relation to........
Banking operations
yes
Communication networking
no
Military strategies
no
Supply and demand of agricultural products
no
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An increase in the 'Bank Rate' generally indicates that the........
Market rate of interest is likely to fall
no
Central Bank is no longer making loans to commercial banks
no
Central Bank is following an easy money policy
no
Central Bank is following a tight money policy
yes
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