1. What does venture capital mean?
a) A short-term capital provided to industries
b) A long-term start-up capital provided to new entrepreneurs
c) Funds provided to industries at times of incurring losses.
d) Funds provided for replacement and renovation of industries.
2. The main objective of the 12th Five-Year Plan is
a) inclusive growth and poverty reduction.
b) inclusive and sustainable growth
c) sustainable and inclusive growth to reduce unemployment
d) faster, sustainable, and more inclusive growth.
3. With reference to Balance of Payments, which of the following constitutes/constitutes the Current Account?
1. Balance of trade
2.Foreign assets
3. Balance of invisibles
4. Special Drawing Rights
Select the correct answer using the code given below.
a) 1 only
b) 2 and 3
c) 1 and 3
d) 1, 2 and 4
4. The terms 'Marginal Standing Facility Rate' and 'Net Demand and Time Liabilities', sometimes appearing in news, are used in relation to
a) banking operations
b) communications networking
c) military strategies
d) supply and demand of agricultural products
5. 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.
Select the correct answer using the code given below.
a) 1 only
b) 2 only
c) Both 1 and 2 only
d) Neither 1 nor 4
6. In the context of the Indian economy which of the following is/are the purpose/purposes of 'Statutory Reserve Requirements'?
1. To enable the Central Bank to control the number of advances the banks can create.
2. To make the people's deposits with banks safe and liquid.
3. To prevent commercial banks from making excessive profits.
4. To force the banks to have sufficient vault cash to meet their day-to-day requirements.
Select the correct answer using the code given below.
a) 1 only
b) 1 and 2 only
c) 2 and 3 only
d) 1, 2, 3 and 4
7. Which of the following organizations brings out the publication known as 'World Economic Outlook?
a) The International Monetary Fund
b) The United Nations Development Programme
c) The World Economic Forum
d) The World Bank
8. With reference to Union Budget, which of the following is/are covered under Non-Plan Expenditure?
1. Defence expenditure
2. Interest payments
3. Salaries and pensions
4. Subsidies
Select the correct answer using the code given below.
a) 1 only
b) 2 and 3 only
c) 1, 2, 3 and 4
d) None
9. If the interest rate is decreased in an economy, it will
a) decrease the consumption expenditure in the economy
b) increase the tax collection of the Government.
c) Increase the investment expenditure in the economy
d) increase the total savings in the economy.
Answer:
1-B; 2-D; 3-C; 4-A; 5-C;
6-B; 7-A; 8-C; 9-C;
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