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'Rapid Financing Instrument' and 'Rapid Credit Facility' are related to the provisions of lending by which one of the following?
UPSC 2022
Asian Development Bank
International Monetary Fund
World Bank
None of the above
With reference to the Indian economy, consider the following statements:
1. If the inflation is too high, Reserve Bank of India (RBI) is likely to buy government securities.
2. If the rupee is rapidly depreciating, RBI is likely to sell dollars in the market.
3. If interest rates in the USA or European Union were to fall, that is likely to induce RBI to buy dollars.
Which of the statements given above are correct?
UPSC 2022
1 and 3 only
2 and 3 only
1 and 2 only
1, 2 and 3
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?
UPSC 2022
1 and 3 only
2 and 3 only
1 and 2 only
1, 2 and 3
With reference to the "G20 Common Framework", consider the following statements:
1. It is an initiative endorsed by the G20 together with the Paris Club.
2. It is an initiative to support Low Income Countries with unsustainable debt.
Which of the statements given above is/are correct?
UPSC 2022
1 only
2 only
both 1 and 2
neither 1 nor 2
With reference to the Indian economy, what are the advantages of "Inflation-Indexed Bonds (IIBs)"?
1. Government can reduce the coupon rates on its borrowing by way of IIBs.
2. IIBs provide protection to the investors from uncertainty regarding inflation.
3. The interest received as well as capital gains on IIBs are hot taxable.
Which of the statements given above are correct?
UPSC 2022
1 and 3 only
2 and 3 only
1 and 2 only
1, 2 and 3
Which of the following activities constitute real sector in the economy?
1. Farmers harvesting their crops
2. Textile mills converting raw cotton into fabrics
3. A commercial bank lending money to a trading company
4. A corporate body issuing Rupee Denominated Bonds overseas
Select the correct answer using the code given below :
UPSC 2022
1, 3 and 4 only
2, 3 and 4 only
1 and 2 only
1, 2 and 3
With reference to foreign-owned e-commerce firms operating in India, which of the following statements is/are correct?
1. They can sell their own goods. in addition to offering their platforms as marketplaces.
2. The degree to which they can own big sellers on their platforms is limited.
Select the correct answer using the code given below.
UPSC 2022
1 only
2 only
both 1 and 2
neither 1 nor 2
Which one of the following situations best reflects "Indirect Transfers" often talked about in media recently with reference to India?
UPSC 2022
An Indian company investing in a foreign enterprise and paying taxes to the foreign country on the profits arising out of its investment
A foreign company investing in India and paying taxes to the country of its base on the profits arising out of its investment
A foreign company transfers shares and such shares derive their substantial value from assets located in India
None of the above
With reference to the expenditure made by an organisation or a company, which of the following statements is/are correct?
1. Acquiring new technology is capital expenditure.
2. Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure.
Select the correct answer using the code given below:
UPSC 2022
1 only
2 only
both 1 and 2
neither 1 nor 2
With reference to the Indian economy, consider the following statements :
1. A share of the household financial savings goes towards government borrowings.
2. Dated securities issued at market-related rates in auctions form a large component of internal debt.
Which of the above statements is/are correct?
UPSC 2022
1 only
2 only
both 1 and 2
neither 1 nor 2
With reference to Ayushman Bharat Digital Mission, consider the following statements:
1. Private and public hospitals must adopt it.
2. As it aims to achieve universal health coverage, every citizen of India should be part of it ultimately.
3. It has seamless portability across the country.
Which of the statements given above is/are correct?
UPSC 2022
1 and 2 only
2 and 3 only
1 and 3 only
3 only
With reference to the 'Banks Board Bureau (BBB)', which of the following statements are correct?
1. The Governor of RBI is the Chairman of BBB.
2. BBB recommends for the selection of heads for Public Sector Banks.
3. BBB helps the Public Sector Banks in developing strategies and capital raising plans.
Select the correct answer using the code given below:
UPSC 2022
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
Consider the following statements :
1. In India, credit rating agencies are regulated by Reserve Bank of India.
2. The rating agency popularly known as ICRA is a public limited company.
3. Brickwork Ratings is an Indian credit rating agency.
Which of the statements given above are correct?
UPSC 2022
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
With reference to Convertible Bonds, consider the following statements :
1. As there is an option to exchange the bond for equity, Convertible Bonds pay a lower rate of interest.
2. The option to convert to equity affords the bondholder a degree of indexation to rising consumer prices.
Which of the statements given above is/are correct?
UPSC 2022
1 only
2 only
both 1 and 2
neither 1 nor 2
Consider the following :
1. Asian Infrastructure Investment Bank
2. Missile Technology Control Regime
3. Shanghai Cooperation Organisation
India is a member of which of the above?
UPSC 2022
1 and 2 only
1, 2 and 3
1 and 3 only
2 and 3 only
In India, which one of the following is responsible for maintaining price stability by controlling inflation?
UPSC 2022
Department of Consumer Affairs
Financial Stability and Development Council
Reserve Bank of India
Expenditure Management Commission
With reference to Non-Fungible Tokens (NFTs), consider the following statements :
1. They enable the digital representation of physical assets.
2. They are unique cryptographic tokens that exist on a blockchain.
3. They can be traded or exchanged at equivalency and therefore can be used as a medium of commercial transactions.
Which of the statements given above are correct?
UPSC 2022
1 and 2 only
1, 2 and 3
1 and 3 only
2 and 3 only
In India, which one of the following compiles information on industrial disputes, closures, retrenchments and lay-offs in factories employing workers?
UPSC 2022
Central Statistics Office
Department for Promotion of Industry and Internal Trade
Labour Bureau
None of the above
Consider the following statements :
1. The India Sanitation Coalition is a platform to promote sustainable sanitation and is funded by the Government of India and the World Health Organization.
2. The National Institute of Urban Affairs is an apex body of the Ministry of Housing and Urban Affairs in Government of India and provides innovative solutions to address the challenges of Urban India.
Which of the statements given above is/are correct?
UPSC 2022
1 only
2 only
both 1 and 2
neither 1 nor 2
With reference to the "United Nations Credentials Committee", consider the following statements :
1. It is a committee set up by the UN Security Council and works under its supervision.
2. It traditionally meets in March, June and September every year.
3. It assesses the credentials of all UN members before submitting a report to the General Assembly for approval.
Which of the statements given above is/are correct?
UPSC 2022
3 only
1 and 2 only
1 and 3 only
2 and 3 only
With reference to the United Nations General Assembly, consider the following statements :
1. The UN General Assembly can grant observer status to the non-member States.
2. Inter-governmental organisations can seek observer status in the UN General Assembly.
3. Permanent Observers in the UN General Assembly can maintain missions at the UN headquarters.