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Indian Economy Quiz 30. 03. 2018

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Question 1

Consider the following statements:
1) Rainbow revolution is an integral development programme of agriculture, horticulture, forestry, sugarcane, fishery, poultry and animal husbandry.
2) Rainbow revolution was launched as a part of National Agricultural Policy, 2000.
3) Round revolution is related to increase in production of potato.
Which of the above options are correct:

Question 2

Nutrient based subsidy covers which of the following nutrients:

Question 3

Consider the following statements:
1) Cash Reserve Ratio is a certain percentage of bank deposits which banks are required to keep with themselves.
2) Higher the CRR, lower will be the liquidity in the system and vice versa.
3) The rate at which banks borrow money from the RBI by selling their surplus government securities to RBI is known as Repo Rate.
4) Higher repo rate may slowdown the growth of the economy.
Which of the above statements are correct?

Question 4

Consider the following statements:
1) The purpose of Quantitative Easing (QE) is to increase money supply to the banks.
2) QE is an unconventional monetary policy used by central banks to stimulate the economy.
3) QE can lead to higher rates of inflation.
Which of the above options are correct:

Question 5

Consider the following statements regarding India’s foreign exchange reserves of India:
1) Foreign exchange assets of RBI, Gold Stock of RBI and SDR holdings of Government are included in foreign exchange reserves of country.
2) Foreign exchange reserves increased rapidly after devaluation of rupee in 1991.
3) Full convertibility of rupee on current account was opposed on the ground that it would severely impact the foreign exchange reserves of country.
Which of the above options are correct:

Question 6

Consider the following statements regarding Eurasian Economic Union:
1)Eurasian Economic Union consists of 5 members viz. Belarus, Kazakhstan, Russia, Armenia and Kyrgyzstan.
2)The Eurasian Economic Space is a single market that provides for the free movement of persons, goods, services and capital within the Eurasian Economic Union.
3)Members of Eurasian Economic Union are also the members of Eurasian Economic Space.
Which of the above options are correct:
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Jan 14Other State PSC