Indian Economy ...

Which of the following will be the impact on the banking industry in case RBI increases the Bank Rate?

Which of the following are incorrect when the Government starts repuchasing its bonds before their maturity periods? Select the answer using the code given below:
1. Promotion of an 'expansionist' monetary policy.
2. An attempt to increase the saving rate of the economy.
3. A tool to check the rising inflation.
4. Promotion to credit creation by the banks.

Deposits in few of the NRI accounts in India are not considered as the external debt of the country.
Select the related and correct statement/statements using the code:
1. Deposits in NRO accounts are included in India's external debt.
2. Deposits in the FCNR(B) are not considered as India's external debt.

Select the correct statements about derivatives in India, using by the code given below:
1. A security derived from a debt instrument,share,secured or unsecured loan.
2. A contract which derives its value from the prices, or index, of underlying assets.
3. A security derived from exchange rates and interest rates.
4. It may be derived from the monsoon forecasting.

Select the incorrect statements about 'narrow banking', using the code given below:
1. A banking business in which banks go for short-term risk-free lending.
2. A type of retail banking in which banks provide short-term 'open-ended' loans.
3. When banks prefer short-term 'closed-ended' lending to the corporate sector.
4. A banking collateralised loans to public.

Select the incorrect statements about the Grain Bank, using the code given below:
1. Run in tribal and non-tribal rural areas by the Ministry of Tribal Affairs and the Ministry of Consumer Affairs, Food and Public Distribution, respectively.
2. Foodgrains can be borrowed from it by mortgaging dwellings.
3. Set up in the food scarce areas, it aims at providing safeguard to all against starvation during natural calamity and lean period.
4.Civil society bodies can also run it.

Farm waste has always been an issue of debate in India-select the correct statement/statements regarding it, using the code given below: 
1. In case of the cereals. farm waste is at 8 per cent of the total produce.
2. Around 20 per cent of the fruits and vegetables produced in India are wasted.

Select the correct statement/statements regarding the process of 'disinflation' in India:
1. Headline inflation falls towards 6 per cent. 
2. It leaves similar effects to deflation.

Select the incorrect statements about the 'ordinary shares' of a limited liability firm, using the code given below:
1. They undertake maximum entrepreneurial risk associated with a business venture.
2. These shares do not avail any voting right in the affairs of the company.
3. If a company is going for closure these shares get their claims after the bank loans have been settled and before the preference shares.
4. Company Law provides them no investment claims in the situations of closures.

Select the correct statements about the GIC RE, using the code given below:
1. The public sector Reinsurer provides reinsurance support to the life and non-life insurance companies in the country.
2. It also manages Marine Hull Pool, Indian terrorism insurance pool and for commercial vehicle on behalf of Indian insurance industry.
3. It has emerged as a preferred reinsurer in the Afro-Asian region.
4. It is the 3rd largest aviation reinsurer globally.