What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas?
1. It enables the beneficiaries to draw their subsidies and social security benefits in their villages.
2. It enables the beneficiaries in the rural areas to make deposits and withdrawals.
Select the correct answer using the code given below:
Economics
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Financial Inclusion,PSL
Economics › Financial Inclusion,PSL
Options
Answer
(C)
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Economics › Financial Inclusion,PSL
Which of the following can be said to be essentially the parts of ‘Inclusive Governance’?
1. Permitting the Non-Banking Financial Companies to do banking
2. Establishing effective District Planning Committees in all the districts
3. Increasing the government spending on public health
4. Strengthening the Mid-day Meal SchemeOptions
Answer
(C)
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Economics › Financial Inclusion,PSL
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.Options
Answer
(D)
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Food Processing Sector
Economics › Food Processing Sector
With what purpose is the Government of India promoting the concept of “Mega Food Parks”?
1. To provide good infrastructure facilities for the food processing industry.
2. To increase the processing of perishable items and reduce wastage.
3. To provide emerging and eco-friendly food processing technologies to entrepreneurs.
Select the correct answer using the code given below:Options
Answer
(B)
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Foreign Exchange,Currency Devaluation
Economics › Foreign Exchange,Currency Devaluation
With reference to the Indian economy, consider the following statements :
1. An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee.
2. An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness.
3. An increasing trend in domestic inflation relative to inflation in other countries is likely to cause an increasing divergence between NEER and REER.
Which of the above statements are correct ?Options
Answer
(C)
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Economics › Foreign Exchange,Currency Devaluation
Consider the following statements:
The effect of devaluation of a currency is that it necessarily:
1.Improves the competitiveness of the domestic exports in the foreign markets.
2.Increases the foreign value of domestic currency.
3.Improves the trade balance.
Which of the above statements is/are correct?Options
Answer
(A)
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Economics › Foreign Exchange,Currency Devaluation
Consider the following statements: The price of any currency in international market is decided by the
1. World Bank
2. Demand for goods/services provided by the country concerned
3. Stability of the government of the concerned country
4. Economic potential of the country in question
Which of the statements given above are correct?Options
Answer
(B)
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GST