Consider the following statements:
The functions of commercial banks in India include:
1. Purchase and sale of shares and securities on behalf of customers
2. Acting as executors and trustees of wills
Consider the following statements:
The functions of commercial banks in India include:
1. Purchase and sale of shares and securities on behalf of customers
2. Acting as executors and trustees of wills
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With reference to the institution of Banking Ombudsman in India, which one of the statements is not correct?
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In India, the interest rate on savings accounts in all the nationalized commercial banks is fixed by
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In the parlance of financial investments, the term ‘bear’ denotes:
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With reference to the Non-banking Financial Companies(NBFCs) in India, consider the following statements:
1. They cannot engage in the acquisition of securities issued by the government.
2. They cannot accept demand deposits like Savings Account
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Which of the following terms indicates a mechanism used by commercial banks for providing credit to the government?
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Which of the following is/are treated as artificial currency?
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With reference to India, consider the following:
1. Nationalization of Banks
2. Formation of Regional Rural Banks
3. Adoption of villages by Bank Branches
Which of the above can be considered as steps taken to achieve the “financial inclusion” in India?
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Consider the following statements:
In India, taxes on transactions in Stock Exchanges and Futures Markets are
1. levied by the Union
2. collected by the States
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The International Development Association, a lending agency, is administered by the:
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In the context of governance, consider the follo-wing:
1. Encouraging Foreign Direct Investment inflows
2. Privatization of higher educational Institutions
3. Down-sizing of bureaucracy
4. Selling/offloading the shares of Public Sector Undertakings
Which of the above can be used as measures to control the fiscal deficit in India?
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Which one of the following is responsible for the preparation and presentation of Union Budget to the Parliament?
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Consider the following actions by the Government:
1. Cutting the tax rates
2. Increasing the government spending
3. Abolishing the subsidies in the context of economic recession
Which of the above actions can be considered a part of the “fiscal stimulus” package?
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Which one of the following authorities makes recommendation to the Governor of a State as to the principles for determining the taxes and duties which may be appropriated by the Panchayats in that particular State?
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In India, the tax proceeds of which one of the following as a percentage of gross tax revenue has significantly declined in the last five years?
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When the Reserve Bank of India announces an increase of the Cash Reserve Rate, what does it mean?
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A great deal of Foreign Direct Investment(FDI) to India comes from Mauritius than from many major and mature economies like the UK and France. Why?
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With reference to the National Investment Fund to which the disinvestment proceeds are routed, consider the following statements:
1. The assets in the National Investment Fund are managed by the Union Ministry of Finance.
2. The National Investment Fund is to be maintained within the Consolidated Fund of India.
3. Certain Asset Management companies are appointed as the fund managers.
4. A certain proportion of annual income is used for financing select social sectors.
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Which one of the following statements is an appropriate description of deflation?
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With reference to India, consider the following statements:
1. The Wholesale Price Index(WPI) in India is available on a monthly basis only.
2. As compared to Consumer Price Index for Industrial Workers (CPI-IW), the WPI gives less weight to food articles.
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