Economy

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The Reserve Bank of India regulates the commercial banks in matters of:

1. liquidity of assets
2. branch expansion
3. merger of banks
4. winding-up of banks

Select the correct answer using the codes given below:

1 and 4 only
no
2, 3 and 4 only
no
1, 2 and 3 only
no
1, 2, 3 and 4
yes
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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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In India, in the overall Index of Industrial Production, the Indices of Eight Core Industries have a combined weight of 37.90%. Which of the following are among those Eight Core Industries?

1. Cement 
2. Fertilizers 
3. Natural gas 
4. Refinery products 
5. Textiles 

Select the correct answer using the codes given below:
1 & 5 Only
no
2, 3 & 4 Only
no
1, 2, 3 & 4 Only
yes
1, 2, 3, 4 & 5
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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Free Trade Area means........
The area where anything can be bought and sold.
no
Countries between whom trade barriers have been substantially reduced.
yes
Countries which have common external tariff.
no
Countries which have common currency.
no
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The practice of selling goods in a foreign country at a price below their domestic selling price is called........
Discrimination
no
Dumping
yes
Double pricing
no
Predatory pricing
no
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Capital account convertibility signifies...........
Guaranteeing the right to investment to foreigners.
no
Ensuring the right of buyers to make international payments.
no
Ensuring free international movement of capital.
yes
Ensuring the right of an individual to invest in foreign capital markets.
no
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What does strong Rupee as against the dollar mean to India?
There is a Balance of Payments surplus.
yes
Indian economy is globally respected.
no
It is a sign of economic buoyancy.
no
Income from exports is falling.
no
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Hedge fund is a fund.......

Used for absorbing inflation.
no
Used for minimizing health risks.
no
Applied to minimize the risk of financial market transactions.
yes
Applied for absorbing the risk in commodity trading.
no
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World renowned Indian economist Amartya Sen won nobel prize in the year......
1997
no
1998
yes
1999
no
1996
no
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