Indian Economy ...

Which of the following is correct about inflationary period?

Which of the policy decision/decisions is/are likely come from the Government during the times of 'recession' in the economy? Select your answer using the code given below:
1. Cut in direct taxes, more government spending side by side cheaper credit policies
2. Increase in indirect taxes, higher subsidies sides lower fiscal deficits

Which one of the following statements is/ are incorrect? Select your answer using the code given below:
1. The Committee on Financial Sector reforms suggested the RBI to pay interest on the Cash Reserve Ratio maintained by the commercial banks with the RBI-it has been followed by the RBI. 
2. GoI has started paying market-bases interest on its borrowings from the commercial banks by mortgaging the G-Secs-as was suggested by the Committee on Financial Sector reforms. 

What is correct one/ones about the RBI from the given choices? Select your answer using the code below:
1. National Housing Bank, Deposit Insurance and Credit Guarantee Corporation of India (DICGC) and the Bhartiys Reserve Bank Note Mudran Private Limited (BRBNMPL) are the only fully-owned subsidiaries of the RBI in India.
2. While RBI maintains a majority stake in the National Bank for Agriculture and Rural Development (NABARD), it has recently divested all its stake in State bank of India to the government of India.

What is not correct about the Liquidity Management Framework provisioned by the RBI for the banks operating in India?

An upsurge has been in the NPAs of public sector banks, recently-select the correct factors responsible for it using the code given below:
1. Lower economic growth in the country.
2. Aggressive lending by banks in the past, especially during good times.
3. Lack of right loan-recovery legal provisions.
4. Banks switching over to a system based identification of NPAs.

If RBI announces cut in the term repo rates which the following could be the possible actions coming from the banks?

Functioning of which of the following is not overseen by the Board for Financial Supervision (BFS)?

What is correct about the Board for Financial Supervision (BFS)? Select your answer using the code given below:
1. BFS is constituted by co-opting four Directors from the Central Board of the RBI as members and the Governor functions as its chairman.
2. Deputy Governors of the Reserve Bank are ex-offcio members of the BFS with one Deputy Governor, usually, the Deputy Governor in charge of banking regulation and supervision, is nominated as the Vice-Chairman of the Board.

Which of the following best described the term 'brain waste'?