Q. Which one of the following is not a direct determinant of demand?
1) Saving
2) Income
3) Price of the commodity
4) Taste
Q. Securities and Exchange Board of India on June 20, 2022 has set up an advisory committee under the chairmanship of K.V. Kamath, Chairman of National Bank for Financing Infrastructure and Development. The Committee will identify use case scenario of -
1) Insider Trading
2) Over Pricing of IPOs
3) Hybrid Securities
4) Open ended Mutual fund
Q. Which of the following statements is incorrect about Neobanks?
1) A neobank is a digital bank which neither has an office nor any branches
2) A neobank is a fintech firm that provides digital and mobile-first services like payments, debit cards, money transfers, lending, and more.
3) Reserve Bank of India has decided to issue banking license to neobanks
4) Jupiter, Fi, Niyo, and RazorpayX are currently working on the principle of neobank in partnerships with traditional banks
Q. L.B.S. is one of the economic measures taken by the Government of India for financial inclusion. What is L.B.S. in this context?
1) Loan Banking Scheme
2) Lead Banking Scheme
3) Loan Banking System
4) Lead Breaking System
Q. Eco mark is given to a product which is -
1) Rich in carbohydrate
2) Economically viable
3) Environment friendly
4) Un-adulterated
Q. International Monetary Fund has raised the weighting of in the currency basket of Special Drawing Rights (SDRs).
I. US Dollar
II. Euro
III. Chinese Yuan
IV. Japanese Yen
V. Pound Sterling
The correct code is -
1) Only I
2) Only I and III
3) Only III
4) None of the above
Q. Which of the following statements is incorrect about World Trade Organisation (WTO)?
1) WTO was established on January 1, 1995
2) The countries at the WTO operate on the basis of consensus
3) Any member-country can veto a deal
4) At least 10 per cent of mem-ber countries can veto a deal
Q. Niti Ayog formed in -
1) 1 January, 2015
2) 1 February, 2015
3) 1 March, 2015
4) 13 June, 2015
Q. A country is said to be in a debt trap if -
1) It has to abide by the conditionality imposed by the International Monetary Fund
2) It is required to borrow money to make interest payments on outstanding loans
3) It has been refused loans or aid by creditors
4) The World Bank charges a very high rate of interest on outstanding as well as new loans
Q. Who among the following economists coined the terminology Hindu Rate of Growth?
1) Bimal Jalan
2) Amiya Kumar Bagchi
3) Vijay Kelkar
4) Raj Krishna
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