MPSC Combined Exam: Economics Quiz 1

Consider the following statements regarding Cash Management Bills (CMBs):

1.  It is a short-term instrument issued by the RBI to meet mismatches in the government's cash flow.

2.  It is not eligible for investments in G-Secs by banks for statutory liquidity ratio purposes.

Which of the statements given above is/are correct?

Which of the following best describes "Strategic Disinvestment" as outlined by the  Strategic Disinvestment Policy of 2015-2020?

Consider the following statements on Enforcement Directorate :

a) It is a specialized financial investigation agency under the administrative control Department of Revenue, Ministry of Finance.

b) It is responsible for enforcement of the Foreign Exchange Management Act, 1999 (FEMA).

Which of the statements given above is/are correct?

Which of the following supervises the functioning of Housing Finance Companies?

Which of the following is/are not a cooperative society?