The Tertiary Sector in the Indian Economy, Questions and Answers, GK for UPSC, Bank PO & All Exams
1.
A country is said to be a debt trap if: [2002]
a.
if has to borrow to make interest payments on outstanding loans
b.
it has to borrow to make interest payments on to standing loans
c.
it has been refused loans or aid by creditors abroad
d.
the World Bank charges a very high rate of interest on outstanding as well as new loans
2.
Which of the following constitute the World Bank? [1995]
1. International Bank for Reconstruction and Development
2. International Finance Corporation
3. International Development Association
4. International Monetary Fund Codes:
a.
1,2 and 3
b.
1 and 2
c.
3 and4
d.
1,2,3 and4
3.
Consider the following statements: [2004]
1. Reserve Bank of India was nationalized on 26 January, 1950
2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance
Which of the statements given above is/are correct?
a.
1 only
b.
2 only
c.
Both 1 and 2
d.
Neither 1 nor 2
4.
Consider the following: [2002]
1. Currency with the public
2. Demand deposits with banks
3. Time deposits with banks
Which of these are included in Broad Money (M,) in India?
a.
1 and 2
b.
1 and 3
c.
2 and 3
d.
1, 2 and 3
5.
Assertion (A): During the year 2001-02, the value of India's total exports declined, registering a negative growth of 2.17%.
Reason (R): During the year 2001-02, negative growth in exports was witnessed in respect of iron and steel, coffee, textiles and marine products. [2003]
a.
Both A and R are individually true and R is the correct explanation of A
b.
Both A and R are individually true but R is not the correct explanation of A
c.
A is true but R is false
d.
A is false but R is true
6.
The farmers are provided credit from a number of sour for their short and long term needs. The main sources credit to the farmers include: [1999]
a.
the Primary Agricultural Cooperative Societies commercial banks, RRBs and private money lenders
b.
the NABARD, RBI, commercial banks and private money lenders
c.
the District Central Cooperative Banks (DCCB), the lead banks, IRDP and JRY
d.
the Large Scale Multi-purpose Adivasis Program DCCB, IFFCO and commercial banks
7.
Consider the following statements: [2007]
1. The repo rate is the rate at which other banks borrow from the Reserve Bank of India.
2. A value of 1 for Gini Coefficient in a country implies that there is perfectly equal income for everyone in its population.
Which of the statements given above is/are correct?
a.
1 only
b.
2 only
c.
Both 1 and 2
d.
Neither 1 nor 2
8.
Assertion (A): Balance of Payments represents a better Picture of country economic transactions with the rest of the world than the balance of Trade Balance of Payments takes into account
Reason (R): the exchange of both visible and invisible items whereas balance of Trade does not. [2006]
Codes:
a.
Both 'A'and 'R', are individually true and 'R'is the correct explanation of'A'
b.
Both 'A'and 'R'are individually true but 'R'is not the, correct explanation of 'A'.
c.
'A'is true but 'R'is false.
d.
'A'is false but 'R'is true.
9.
The accounting year of the Reserve Bank of India is: [1998]
a.
April-March
b.
July-June
c.
October-September
d.
January-December
10.
Bank Rate implies the rate of interest: [1995]
a.
paid by the Reserve Bank of India on the Deposits of Commercial Banks
b.
charged by Banks on loans and advances
c.
payable on Bonds
d.
at which the Reserve Bank of India discounts the Bills of Exchange
General Knowledge
1. World Geography -Test-01
2. World Geography -Test-02
3. World Geography -Test-03
4. Geography of India -Test-01
5. Geography of India -Test-02
6. Geography of India -Test-03
7. Geography of India -Test-04
8. Geography of India -Test-05
9. History of India - Test - 01
10. History of India - Test - 02
11. History of India - Test - 03
12. History of India - Test - 04
13. History of India - Test - 05
14. History of India - Test - 06
15. History of India - Test - 07
16. INM-Test-01
17. INM-Test-02
18. INM-Test-03
19. INM-Test-04
20. INM-Test-05
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Healthy Summer Drinks
Bluetini Drizzle
2 teaspoons blue cura?ao into a chilled martini glass; add 2 dashes orange bitters. Shake a shot of blueberry vodka with ice in a shaker, then strain into the glass; garnish with blueberries.