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UPSC EPFO: Indian Economy Quiz 1

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Question 1

What does venture capital mean?

Question 2

The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following?

1) Banks retain their deposits with the RBI.
2) The RBI lends funds to the commercial banks in times of need.
3) The RBI advises the commercial banks on monetary matters.

Select the correct answer using the codes given below:

Question 3

The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following?
1) Deprivation of education, health, assets and services at household level
2) Purchasing power parity at national level
3) Extent of budget deficit and GDP growth rate at national level

Which of the statement given above is/are correct?

Question 4

The national income of a country in a given period is equal to the:

Question 5

Priority Sector Lending by banks in India constitutes the lending to:
  • 3688 attempts
Jul 14Other State PSC