Consider the following statements:
(a) RBI is Banker’s Bank
(b) RBI acts as an agent to the Indian government as a member of the IMF.
(c) RBI is the custodian of India’s foreign exchange reserves.
(d) RBI doesn’t function as the controller of credit.
Which of the above sentences is/are correct?
In terms of Section, 19 of the RBI Act, 1934, the RBI has been prohibited from
1). Making loans or advances
2). Drawing or accepting bills payable otherwise than on demand
3). Allowing interest on deposits or current accounts
4). All of the above
Which of the following 27 organisations is established mainly to promote Micro, Small & Medium industrial
sector in India ?
1). NABARD
2). SIDBI
3). IDBI Bank
4). EXIM Bank
In these questions relationship between different elements is shown in the statements.
The statements are followed by two conclusions.
Give answer a:if only Conclusion I is true.
Give answer b: if only Conclusion II is true.
Give answer c: if only Conclusion I or II is true.
Give answer d: if neither Conclusion I not II is true.
Give answer e: if both Conclusions I and II are true.
Below are given two passages followed by several possible inferences which can be drawn from the facts stated in the passages. You have to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.
Mark answer (1) if inference is ?definitely true?, i.e., it properly follows from the statement of facts given.
Mark answer (2) if the inference ?probably true? though not ?definitely true? in the light of the facts given.
Mark answer (3) if the ?Data are inadequate?, i.e., from the facts given you cannot say whether the inference is likely to be true or false.
Mark answer (4) if the inference is ?probably false? though not ?definitely false? in the light of the facts given.
Mark answer (5) if the inference is ?definitely false?, i.e., it cannot possibly be drawn from the facts given or it contradicts the given facts.
PASSAGE II
In the initial years, trade policy in our country was primarily aimed at regulating imports having regard to the nascent stage of country?s development and the need to encourage domestic production through import substitution measures. However, with the onset of liberalisation the importance of globalisation through trade and making exports the engine of growth of economy has been recognised. Export promotion is now a continuous and sustained effort and specific steps in this direction have been taken and achievements have been made in recent years.