Which among the following is true about "deficit financing"? 1). Public expenditure in excess of public revenue2). Public revenue in excess of public expenditure3). New currency replaced by old currency4). None of above
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1. The Laffer curve is the graphical representation of:
2. Consider the following statement: 1. IRDA is a multimember nodal agency 2. It is vested with regulatory powers in respect of the insurance sector similar to those vested in SEBI in respect of the capital markets and of RBI for the banking sector. 3. The IRDA Act, 1999 cleared the way for private sector entry into the insurance business. Choose the correct statement
3. Brent index is associated with : (1) crude oil prices (2) copper future prices (3) gold future prices (4) shipping rate index Which of the following is true?
4. Which among the following are the wholly/partly owned subsidiaries of the Reserve Bank of India (RBI)? 1. Deposit Insurance and Credit Guarantee Corporation (DICGC) 2. National Housing Bank (NHB) 3. National Bank for Agriculture and Rural Development (NABARD) 4. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)
5. Which points are correct regarding SEZ act? I. Exemption to SEZ developer and units from Minimum Alternate Tax. II. Constitution of an authority for each SEZ with a view to providing greater administrative, financial and functional autonomy to these zones. III. Establishment of designated courts and a single enforcement agency to ensure speedy trial and investigation of offences committed in SEZs.
6. Consider the statements related to the Collateral Loan Market (i) There is a huge risk involved in the high value loans (ii) Collateral Loan Market facilitates loan sanction real fast (iii) Maturities on such loans are no longer than one year. Which of the above statements are TRUE?
7. Which of the following measures would result in an increase in the money supply in the economy? 1. Purchase of government securities from the public by the Central Bank 2. Deposit of currency in commercial banks by the public 3. Borrowing by the government from the Central Bank 4. Sale of government securities to the public by the Central Bank Select the correct answer using the codes given below :
8. Consider the following statements. 1. The National Housing Bank, the apex institution of housing finance in India, was set up as a wholly-owned subsidiary of the Reserve Bank of India. 2. The Small Industries Development Bank of India was established as a wholly-owned subsidiary of the Industrial Development Bank of India. Which of the statement given above is/ are correct?
9. What do we call an arrangement whereby an issuing Bank at the request of the Importer (Buyer) undertakes to make payment to the exporter (Beneficiary) against stipulated documents?
10. Consider the following statement: 1. Bombay Stock Exchange (BSE) is India’s oldest stock exchange 2. It formally came into being in 1888 3. It was a regional exchange till 2002 when it became a national exchange Choose the incorrect statement regarding BSE
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