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Subject: Economics

  • Consider the following statements

    Consider the following statements:
    1. The value of Indo-Sri Lanka trade has consistently increased in the last decade.
    2. “Textile and textile articles” constitute an important item of trade between India and
    Bangladesh.
    3. In the last five years, Nepal has been the largest trading partner of India in South Asia.
    Which of the statements given above is/are correct?

  • Consider the following statements

    Consider the following statements:
    1. The weightage of food in Consumer Price Index (CPI) is higher than that Wholesale
    Price Index (WPI).
    2. The WPI does not capture changes in the prices of services, which CPI does.
    3. Reserve Bank of India has now adopted WPI as its key measure of inflation and to
    decide on changing the key policy rates.
    Which of the statements given above is/are correct?

  • With reference to the Indian economy, consider the following statements

    With reference to the Indian economy, consider the following statements:
    1. ‘Commercial Paper’ is a short-term unsecured promissory note.
    2. ‘Certificate of Deposit’ is a long-term instrument issued by the Reserve Bank of India
    to a corporation.
    3. ‘Call Money’ is a short-term finance used for interbank transactions.
    4. ‘Zero-Coupon Bonds’ are the interest bearing short-term bonds issued by the
    Scheduled Commercial Banks to corporations.
    Which of the statements given above is/are correct?

  • Consider the following statements

    Consider the following statements:
    1. In terms of short-term credit delivery to the agriculture sector, District Central Cooperative Banks (DCCBs) deliver more credit in comparison to Scheduled Commercial Banks and Regional Rural Banks.
    2. One of the most important functions of DCCBs is to provide funds to the Primary Agricultural Credit Societies.
    Which of the statements given above is/are correct?

  • Consider the following statements

    Consider the following statements:

    Other things remaining unchanged, market demand for a good might increase if:

    1.The price of its substitute increases.
    2.The price of its complement increases.
    3.The good is an inferior good, and the income of the consumers increases.
    4. Its price falls.
    Which of the above statements are correct?

  • Consider the following statements

    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?

  • With reference to India, consider the following statements

    With reference to India, consider the following statements:

    1.Retail investors through a demat account can invest in ‘Treasury Bills’ and ‘Government of India Debt Bonds’ in the primary market.
    2.The ‘Negotiated Dealing System-Order Matching’ is a government securities trading platform of the Reserve Bank of India.
    3.The ‘Central Depository Services Ltd’ is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange.

    Which of the statements given above is/are correct?

  • Consider the following

    Consider the following:
    1.Foreign currency convertible bonds
    2.Foreign institutional investment with certain conditions
    3.Global depository receipts
    4.Non-resident external deposits
    Which of the above can be included in Foreign Direct Investments?

  • Consider the following statements

    Consider the following statements:

    1.The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government.
    2.Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in the public interest.
    3.The Governor of the RBI derives his power from the RBI Act.
    Which of the above statements are correct?

  • With reference to the Indian economy, consider the following statements

    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 ?