Why is the offering of “teaser loans” by commercial banks a cause of economic concern ? 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units. Which of the statements given above is/are correct?

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…

Consider the following statements: 1. WTO uses the factors of trade and the level of economic development of a country as the criteria for making a distinction between a developed and a developing co…

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…

With reference to the ‘Pradhan Mantri Surakshit Matritva Abhiyan’, consider the following statements 1. This scheme guarantees a minimum package of antenatal care services to women in their second an…

Consider the following statements : 1. India has ratified the Trade Facilitation Agreement (TFA) of WTO. 2. TFA is a part of WTO’s Bali Ministerial Package of 2013. 3. TFA came into force in January…