Consider the following statements regarding Monetisation of the deficit.
1. Deficit monetisation means printing large sums of money and distributing it to the public.
2. The Monetisation of the deficit is not practised in India after 1991 Economic Reforms.
Which of the above statements is/are incorrect?
Which of the following are recognised as "Three Sisters" under the Sanitary and Phytosanitary Measures (SPS) Agreement of the World Trade Organization (WTO)?
1. International Plant Protection Convention (IPPC)
2. Codex Alimentarius Commission
3. Pacific Plant Protection Organization
4. World Organization for Animal Health (OIE)
Select the correct answer code:
Answer: b
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Consider the following statements regarding the Bank for International Settlements (BIS).
1. The Bank for International Settlements (BIS), jointly owned by the World Bank and the International Monetary Fund, is an international financial institution.
2. It offers banking services, but only to central banks and other foreign organisations.
Which of the above statements is/are incorrect?
Consider the following statements regarding Open Credit Enablement Network (OCEN).
1. The Open Credit Enabling Network is a new credit protocol infrastructure that will link lenders and marketplaces.
2. It will help small businesses and entrepreneurs get loans.
3. National Payments Corporation of India builds it.
Which of the above statements is/are correct?
Consider the following statements regarding AT-1 bonds.
1. AT-1 bonds are unsecured, high-risk bonds that banks issue to shore up their core capital base to meet the Basel III norms.
2. As per the latest norms, banks can issue these bonds only on electronic platforms, and only institutional investors could subscribe to them.
3. As per RBI guidelines, Banks cannot skip paying interest on these bonds even if their capital ratios fall below a certain threshold level.
Which of the above statements is/are correct?
Consider the following statements regarding Geographical indication (GI).
1. The right to a geographical indication allows those who have the right to use the indication to prohibit the indication by a third party whose product is not consistent with the relevant requirements.
2. A protected geographical indication does not allow the holder to stop anyone from using the same techniques as those set out in the criteria for that indication to produce a product.
3. Since industrial products are machine made, Geographical indications cannot be used for industrial products.
Which of the above statements is/are correct?
Consider the following statements regarding the New Development Bank (NDB).
1. New Development Bank is a multilateral development bank established by the BRICS states during Second BRICS Summit.
2. The Bank shall support public or private projects through loans, guarantees and equity participation and also provide technical assistance for projects to be supported by the Bank.
3. The initial subscribed capital of the Bank was equally distributed among the founding members.
Which of the above statements is/are correct?
Consider the following statements regarding the Asian Development Bank (ADB).
1. Asian Development Bank (ADB) is a regional development bank dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth.
2. The Bank admits the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and non-regional developed countries.
3. The ADB was modelled closely on the New Development Bank, where the Bank's initial subscribed capital was equally distributed among the founding members.
Which of the above statements is/are correct?
(b)1 and 2 only
Consider the following statements regarding the Coal Sector in India.
1. Coal Mines (Special Provisions) Act, 2015 permits the Government to auction coal mines to the private sector for both captive and Commercial purposes.
2. Coal Mines (Special Provisions) Act, 2015 extends to the whole of India.
3. India allows 100% FDI in the coal sector.
Which of the above statements is/are incorrect?
Consider the following statements regarding International Financial Services Centres Authority.
1. International Financial Services Centres Authority is a statutory regulatory body under the Department of Economic Affairs to regulate all financial services in International Financial Services Centres (IFSCs) in the country.
2. The authority exercises the powers of RBI in respect of financial services performed in the international financial services centres in the country.
3. IFSCA has members each nominated from RBI, IRDAI, SEBI and PFRDA.
Which of the above statements is/are correct?
In India, the sectors where FDI is not allowed are:
1. Investment in Chit Funds
2. Tobacco industry
3. All Agricultural or Plantation Activities
4. Satellite and its associated activities
Select the correct answer code:
Consider the following statements regarding Government Security (G-Sec) and Treasury Bills (T-bills).
1. In India, the Central Government issues both, treasury bills and bonds or dated securities while the State Governments issue only bonds or dated securities, which are called the State Development Loans (SDLs).
2. They are not available for small and retail investors.
Which of the above statements is/are incorrect?
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127 videos|265 docs|127 tests
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