Indian Political, Socio Economic Panorama & Issues (national) MCQ Section 3 Practice Questions Answers Test With Solutions & More Shortcuts

Question : 21

Which of the following statements are correct?

1. Repo Rate (presently 8 percent) is the rate at which banks borrow funds from RBI.
2. Cash Reserve Ratio (Presently 4 percent) is the portion of total deposits of customers which the commercial banks have to hold as reserves with RBI.
3. Reverse Repo Rate is greater than Repo Rate.

Codes:

a) 1 and 3 only

b) 2 and 3 only

c) 1 and 2 only

d) All of these

Answer »

Question : 22

Consider the following Statements:

1. Arun Jaitley is a member of the Board of Governors of the Asian Development Bank (ADB).
2. Asian Development Bank is based in Phillippines.

Choose the correct statement/s using the following codes:

a) 2 Only

b) 1 and 2 Both

c) 1 Only

d) None

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Question : 23

Which of the following Indian companies have achieved market capitalization of `5 lakh crore?

a) TCS

b) GAIL

c) ONGC

d) Reliance industries

Answer »

Question : 24

Which of the following are bird sanctuaries?

1. Sur Sarovar (Keetham) lake
2. Sultanpur
3. Periyar
4. Keoladeo National Park

Codes:

a) 3 and 4 only

b) 2 and 4 only

c) 1, 2 and 3 only

d) 1, 2 and 4 only

Answer »

Question : 25

Which of the following statements are correct regarding Soil Health Card (SHC) scheme?

1. The scheme aims to provide information to the farmers about nutrients present in the soil.
2. It is sponsored jointly by centre and state in the ratio 75:25.
3. According to health card report, soil nutrients will be provided to the farmers free of cost.

Codes:

a) 1 only

b) 2 and 3 only

c) 1 and 2 only

d) None of these

Answer »