Economy
Along with the Budget, the Finance Minister also places other documents before the Parliament which include 'The Macro Economic Framework Statement'. The aforesaid document is presented because this is mandated by
"Gold Tranche" (Reserve Tranche) refers to
If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India?1. Not depending on short-term foreign borrowings2. Opening up to more foreign banks3. Maintaining f...
If you withdraw Rs. 1,00,000 in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will be
With reference to Foreign Direct Investment in India, which one of the following is considered its major characteristic?
With reference to the international trade of India at present, which of the following statements is/are correct?1. India's merchandise exports are less than its merchandise imports.2. India's imports of iron and steel, chemicals, fertilisers and mach...
The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
In the context of the Indian economy, non-financial debt includes which of the following?1. Housing loans owed by households2. Amounts outstanding on credit cards3. Treasury billsSelect the correct answer using the code given below:
With reference to Trade-Related Investment Measures (TRIMS), which of the following statements is/are correct?1. Quantitative restrictions on imports by foreign investors are prohibited.2. They apply to investment measures related to trade in both go...
If the RBI decides to adopt an expansionist monetary policy, which of the following would it not do?1. Cut and optimize the Statutory Liquidity Ratio2. Increase the Marginal Standing Facility Rate3. Cut the Bank Rate and Repo RateSelect the correct a...
With reference to the Indian economy after the 1991 economic liberalization, consider the following statements:1. Worker productivity (per worker at 2004-05 prices) increased in urban areas while it decreased in rural areas.2. The percentage share of...
Consider the following statements:1. In terms of short-term credit delivery to the agriculture sector, District Central Cooperative Banks (DCCBs) deliver more credit in comparison to Scheduled Commercial Banks and Regional Rural Banks.2. One of the m...
In India, under cyber insurance for individuals, which of the following benefits are generally covered, in addition to payment for the loss of funds and other benefits?1. Cost of restoration of the computer system in case of malware disrupting access...
In India, which of the following can be considered as public investment in agriculture?1. Fixing Minimum Support Price for agricultural produce of all crops2. Computerization of Primary Agricultural Credit Societies3. Social Capital development4. Fre...
What is the importance of the term "Interest Coverage Ratio" of a firm in India?1. It helps in understanding the present risk of a firm that a bank is going to give loan to.2. It helps in evaluating the emerging risk of a firm that a bank is going to...
Which of the following factors/policies were affecting the price of rice in India in the recent past?1. Minimum Support Price2. Government's trading3. Government's stockpiling4. Consumer subsidiesSelect the correct answer using the code given below:
Consider the following statements:1. The value of Indo-Sri Lanka trade has consistently increased in the last decade.2. "Textile and textile articles" constitute an important item of trade between India and Bangladesh.3. In the last five years, Nepal...
Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?1. Working capital for maintenance of farm assets2. Purchase of combine harvesters, tractors and mini trucks3. Consumption requireme...
Consider the following statements:1. The weightage of food in Consumer Price Index (CPI) is higher than that in Wholesale Price Index (WPI).2. The WPI does not capture changes in the prices of services, which CPI does.3. Reserve Bank of India has now...
Consider the following statements:1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India.2. In the case of cereals and pulses, the MSP is fixed in any State/UT at a le...
With reference to the Indian economy, consider the following statements:1. 'Commercial Paper' is a short-term unsecured promissory note.2. 'Certificate of Deposit' is a long-term instrument issued by the Reserve Bank of India to a corporation.3. 'Cal...
What is/are the advantage/advantages of zero tillage in agriculture ?1. Sowing of wheat is possible without burning the residue of previous crop.2. Without the need for nursery of rice saplings, direct planting of paddy seeds in the wet soil is possi...
With reference to pulse production in India, consider the following statements:1. Black gram can be cultivated as both kharif and rabi crop.2. Green-gram alone accounts for nearly half of pulse production.3. In the last three decades, while the produ...
With reference to the current trends in the cultivation of sugarcane in India, consider the following statements:1. A substantial saving in seed material is made when 'bud chip settlings' are raised in a nursery and transplanted in the main field.2. ...
What are the advantages of fertigation in agriculture?1. Controlling the alkalinity of irrigation water is possible.2. Efficient application of Rock Phosphate and all other phosphatic fertilizers is possible.3. Increased availability of nutrients to ...
With reference to chemical fertilizers in India, consider the following statements:1. At present, the retail price of chemical fertilizers is market-driven and not administered by the Government.2. Ammonia, which is an input of urea, is produced from...