1.The provision of extra liquidity to an illiquid but a presumably solvent bank by the central bank . This function is performed by which of the following ?
(A)Lender of Last Resort
(B)Offer Angel
(C)Depository bank
2.Why Reserve Bank of India is called custodian of foreign balances of the country ?
(A)Because Govt delegates RBI to redistribute the Foreign Currencies in India
(B)Because RBI maintains both Gold and foreign currencies as reserves against note issues
(C)Because RBI is delegated by the government to absorb all the foreign currency in India
3.Which among the following is defined by any reductions in private consumption or investment that occurs because of an increase in government spending?
(A)Crowding Out Effect
(B)Dishoarding
(C)Fiscal adjustment
4.The term Rolling Settlements is predominantly used in which of the following markets ?
(A)Capitals Market
(B)Commodities Market
(C)Currency Markets
5.The excess of total expenditures over total receipts is known as _____ ?
(A)Fiscal Deficit
(B)Budget Deficit
(C)Revenue deficit
6.Which among the following is a correct definition of Fiscal Deficit ?
(A)Excess of total expenditure over total receipts
(B)Excess of total expenditure over total receipts less borrowings
(C)Excess of total expenditure over total receipts less borrowings and payments
7.Electricity charges for running a tube well comes under which of the following categories?
(A)Factor Payment
(B)Intermediate Consumption
(C)Transfer Payment
8.For which of the following purpose , Rajamanar Committee was constituted ?
(A)Industrial Licensing
(B)Direct Taxes
(C)Centre State Fiscal Relations
9.Which among the following committee was constituted for Monetary System?
(A)Dutt Committee
(B)Wanchoo Committee
(C)Chakravarty Committee
10.Which of the following five year plan was running in 1978-79?
(A)Fourth Five Year Plan
(B)Fifth Five Year Plan
(C)Rolling Plan
11.What is the purpose of allocation function in the economy ?
(A)To reduce inequality in the society
(B)Manage Government Borrowing
(C)Efficient Public Distribution
12.Which of the following committee was related to Foreign Direct Investment ?
(A)NK Singh Committee
(B)Chandra Shekhar Committee
(C)Taraporewalla Committee
13.Which of the following committee was constituted with focus on disinvestment ?
(A)Raja Chelliah Committee
(B)G V Ramakrishna Committee
(C)Chandra shekhar Committee
14.In which year for the first time Government introduced the Industrial Policy Resolution. ?
(A)1948
(B)1950
(C)1952
15.In which year monopolistic and restrictive and restrictive trade practices act became effective?
(A)1969
(B)1970
(C)1972
16.The "Dolex" indicator is related to which of the following financial markets ?
(A)New York
(B)Tokyo
(C)Mumbai
17.All India Kisan Sabha which was first peasants organization of India was constituted in which year ?
(A)1920
(B)1936
(C)1942
18.On June 6, 1966, Indian Rupee faced its highest devaluations ever . By what fraction Rupee was devaluated on this date ?
(A)23.5%
(B)36.5 %
(C)29.3 %
19.In which year RBI was nationalized ?
(A)1969
(B)1949
(C)1959
20.What is the full form of MIBID ?
(A)Mumbai Interbank Bid Rate
(B)Mumbai Interbank Interest Rate
(C)Mumbai Interbank Index Rate
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