40 Questions MCQ Test NABARD Grade B (Manager) Mock Tests Series - Test: Economic & Social - 7
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Which of the following purposes RBI has constituted a working group with Shri Deepak Mohanty as Chairman ?
Detailed Solution for Test: Economic & Social - 7 - Question 2
Correct Answer :- d
Explanation : Base Rate replaced the benchmark prime lending rate (BPLR) ,the interest rate which commercial banks charged their most credit worthy customer. Following the announcement in the Annual Policy Statement for the year 2009-10, a working group was constituted under the chairmanship of Shri Deepak Mohanty to review the benchmark prime lending rate. It was observed that the benchmark prime lending rate, which was introduced in 2003, had failed in its objective. The banks were lending below BPLR rates due to competitive pressures. For the same reason, it was also difficult to assess the transmission of policy rates of the Reserve Bank to lending rates of banks.
Recently the HRD Ministry released the All India Survey on Higher Education (AISHE) for the year 2016-17. According to the survey, the number of students enrolling for higher education in India saw ____ percent increase in 2016-17
How much amount of loan agreement has recently been signed between the Government of India and the Asian Development Bank (ADB) for the construction of 6,254 kilometres rural roads in five states under the Prime Minister’s Rural Roads Program (PMGSY)?
Consider the following statements : Net Economic Policy has greater relevence to the rural sector in the context of 1. Farm subsidies 2. Bio-technological innovations 3. Trade liberalization 4. Increasing input to agriculture Of these statements
Consider the following items imported by India : 1. Capital goods 2. Petroleum 3. Pearls and Precious stones 4. Chemicals 5. Iron and steel The correct sequence of the decreasing order of these items , in terms of value is
Consider the following statements : The major challenge to the viability of agriculture in India is posed by 1. high domestic support 2. export-subsidies 3. market-imperfections 4. denial of market access through various tariff and non-tariff barriers Which of the statements given above are correct ?
Consider the following statements : Regional Rural Banks in India I. Are required to assist the weaker sections II. Are to help the small and marginal farmers only III. Have free access to liberal financial assistance from NABARD IV. Have a limited area of operation Of these statements
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