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Indian Economy ...

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  • Question 1
    1 / -0

    Consider the following statements
    1. Interest Tax is the tax imposed on the interest income of commercial banks on their gross loans and advances .
    2. Interest tax is in effect currently only in India.
    Which of the above statements is/are correct ?

  • Question 2
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    Which from the followings is NOT true when the interest rate in the economy goes up ?

  • Question 3
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    When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?

  • Question 4
    1 / -0

    An increase in the bank rate generally indicates that the ___________.

  • Question 5
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    Consider the Following Statements 
    1 . Scheduled Commercial Banks are those which have been included in the First Scheduled of RBI Act , 1934 .
    2 . Non -scheduled Commercial Banks are those which have been included in the Second Scheduled of RBI Act , 1934 .
    Which of the statement given above is / are correct ? 

  • Question 6
    1 / -0

    Consider the following measures: 
    1) Repo Rate
    2) Cash Reserve Requirement

    3) Reverse Repo Rate
    Which of the measures given above is/are major instrument(s) used in the Liquidity Adjustment Facility (LAF)? 

  • Question 7
    1 / -0

    Consider the following statements about the Reserve Requirements:
    1) Reserve requirement can be used as an instrument of monetary policy.
    2) Required reserve ratio is used as a tool to influence the country's borrowing and interest rates.
    Which of the statements given above is/are correct?

  • Question 8
    1 / -0

    Consider the following statements: 
    1) Buying and selling of the eligible securities by Reserve Bank of India is an important feature of the open market operation.
    2) Open market operation influences the volume of loans and advance made  by the commercial banks in India.
    Which of the statements given above is/are correct?

  • Question 9
    1 / -0

    Consider the following statements 
    1 . In Indian Commercial Banking System , the number of the Non-scheduled Bank is more than the Scheduled Banks.
    2 . The Non-Scheduled Banks in India Commercial Banking System are even less than a dozen in number.
    Which of the statement given above is / are correct ? 

  • Question 10
    1 / -0

    Which one of the following is the custodian of Foreign Exchange Reserve of the Indian Government?

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