Inclusive growth as enunciated in the 11th Five Year Plan does not include on of the following:

Options

(a)

Reduction of poverty

(b)

Extension of Employment opportunities

(c)

Reduction of Gender inequality

(d)

Strengthening of capital market

Answer

(C)

Finance/Capital Market

Economics › Finance/Capital Market

2010

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.
Which of the statements given above is/are correct?

Options

(a)

1 only

(b)

2 only

(c)

Both 1 and 2

(d)

Neither 1 nor 2

Answer

(C)

Economics › Finance/Capital Market

2010

Which one of the following is not a feature of Ltd. Liability Partnership firm?

Options

(a)

Partners should be less than 20

(b)

Partnership and management need not be separate

(c)

Internal governance may be decided by mutual agreement among partners

(d)

It is corporate body with perpetual succession

Answer

(A)

Economics › Finance/Capital Market

2010

In India which of the following is regulated by the Forward Market Commission?

Options

(a)

Currency Futures Trading

(b)

Commodity Futures Trading

(c)

Equity Futures Trading

(d)

Both commodities futures and Financial Futures Trading

Answer

(B)

Economics › Finance/Capital Market

2010

In the parlance of financial investments, the term ‘bear’ denotes

Options

(a)

An investor who feels that the price of a particular security is going to fall

(b)

An investor who expects the price of particular shares to rise

(c)

A shareholder or a bondholder who has an interest in a company, financial or otherwise

(d)

Any lender, whether by making a loan or buying a bond

Answer

(A)

Financial Inclusion,PSL

Economics › Financial Inclusion,PSL

2010

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

(a)

1 and 2 only

(b)

2 and 3 only

(c)

3 only

(d)

1,2 and 3

Answer

(D)

GST

Economics › GST

2010

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
Which of the statements given above is/are correct?

Options

(a)

1 only

(b)

2 only

(c)

Both 1 and 2

(d)

Neither 1 nor 2

Answer

(A)

Economics › GST

2010

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?

Options

(a)

Service Tax

(b)

Personal Income Tax

(c)

Excise Duty

(d)

Corporation Tax

Answer

(C)

Inflation

Economics › Inflation

2010

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.
Which of the statements given above is/are correct?

Options

(a)

1 only

(b)

2 only

(c)

Both 1 and 2

(d)

Neither 1 nor 2

Answer

(C)

Economics › Inflation

2010

Which one of the following statements is an appropriate description of deflation ?

Options

(a)

It is a sudden fall in the value of a currency against other currencies

(b)

It is a pertinent recession in both the financial and real sectors of the economy

(c)

It is a persistent fall in the general price levels of goods and services

(d)

It is a fall in the rate of inflation over a period of time

Answer

(C)

Economics

Economic GrowthXFive Year Plans

Options

Answer

Finance/Capital Market

Options

Answer

Options

Answer

Options

Answer

Options

Answer

Financial Inclusion,PSL

Options

Answer

GST

Options

Answer

Options

Answer

Inflation

Options

Answer

Options

Answer