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TOPIC: Quiz 5 - Indian Economy

Quiz 5 - Indian Economy 4 years 10 months ago #633

  • eduAmigo2
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Q1. Consider the following statements: 

1. A debenture Holder is also a creditor to the company 

2. A debenture Holder is also eligible to vote in the company

Which among the above statements is/ are correct?

[A] Only 1 is correct
Only 2 is correct

[C] Both 1 and 2 are correct

[D] Neither 1 nor 2 is correct

Q2. Consider the following statements:

1. Deficit financing essentially involves public expenditure in excess of public revenue

2. In Deficit financing, the new currency replaces the old currency

Which among the above statements is / are correct?

[A] Only 1 is correct

Only 2 is correct

[C] Both are correct

[D] Both are incorrect

Q3. Consider the following statements:

1. There is almost no speculation in the G-sec market 

2. The Investors in the G-Sec Market are predominantly the institutions

Which among the above statements is / are correct?

[A] Only 1 is correct
Only 2 is correct

[C] Both 1 & 2 are correct

[D] Nether 1 nor 2 is correct

Q4. Consider the following statements: 

1. All kinds of Development Banks in India appeared Post-Independence

2. NABARD is the only agricultural Development Bank in India

Which among the above statements is / are correct?

[A] Only 1 is correct

Only 2 is correct

[C] Both 1 and 2 are correct

[D] Neither 1 nor 2 is correct

Q5. Which among the following scheme is related exclusively to Financial Inclusion?

[A] Swawlamban
Swabhiman

[C] NSAP

[D] None of them

Q6. In context with the Credit Card Business in India, a Hot card refers to ____?

[A] Low Interest Credit Card
Unsolicited Credit Card

[C] Lost Credit Card

[D] Highly Promoted Credit Card

Q7. National Mission on Financial Inclusion was recommended by which of the following committees?

[A] Second Narsimham Committee

Rangarajan Committee

[C] Kalekar Committee

[D] Chakraborty Committee

Q8. Micro Credit in India comes under which the following activities?

[A] Commercial Banking
Cooperative Banking

[C] Private Banking

[D] Non Banking Finance

Q9. IMF can grant loan to ____?

[A] Any sovereign country of the World

Any sovereign country of the World and Public Sector companies backed by Sovereign guarantee

[C] Any Member country of IMF

[D] Any Member country of IMF and Public Sector Companies backed by Sovereign guarantee of Member Country

Q10. Socioeconomic planning is a part of ____?

[A] Union List
State List

[C] Concurrent List

[D] Reserved List

Please post your answers below in same thread. All the Best!!!
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Re: Quiz 5 - Indian Economy 4 years 10 months ago #634

  • nikku.m84
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1 A
2 A
3 C
4 D
5
6
7
8 A
9 D
10 C
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Re: Quiz 5 - Indian Economy 4 years 10 months ago #636

1)
2) A
3) D
4)
5) B
6)
7) C
8) D
9)
10) A
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Re: Quiz 5 - Indian Economy Answers 4 years 9 months ago #638

  • eduAmigo2
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1. A
2. A
3. C
4. D
5. B
6. C
7. B
8. D
9. C
10. C

Please check your scores with this key. For those who have posted their answers here:
nikku: 5/10. While all your multiple option (like only 1 and only 2 type) questions are correct. You have faltered on factual economy questions. Please read up a bit more on that. All the Best!!!
sandeep: 3/10. Your economy section needs a lot of preparation and it is important in all three stages of exam, so get your basics right and then go for current happenings in economy. All the Best!!!
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