indian political, socio economic panorama & issues (national) MCQ section 3 Practice Questions Answers Test with Solutions & More Shortcuts
indian political, socio economic panorama & issues (national) PRACTICE TEST [7 - EXERCISES]
indian political, socio economic panorama & issues (national) MCQ section 1
indian political, socio economic panorama & issues (national) MCQ section 2
indian political, socio economic panorama & issues (national) MCQ section 3
indian political, socio economic panorama & issues (national) MCQ section 4
indian political, socio economic panorama & issues (national) MCQ section 5
indian political, socio economic panorama & issues (national) MCQ section 6
indian political, socio economic panorama & issues (national) MCQ section 7
Question : 21
Which of the following statements are correct?
- Repo Rate (presently 8 percent) is the rate at which banks borrow funds from RBI.
- 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.
- Reverse Repo Rate is greater than Repo Rate.
a) 1 and 3 only
b) 2 and 3 only
c) 1 and 2 only
d) All of these
Answer »Answer: (c)
Reverse Repo Rate (presently 7 percent) is less than Repo Rate. RBI borrows money from the commercial banks at Reverse Repo Rate.
Question : 22
Consider the following Statements:
- Arun Jaitley is a member of the Board of Governors of the Asian Development Bank (ADB).
- Asian Development Bank is based in Phillippines.
a) 2 Only
b) 1 and 2 Both
c) 1 Only
d) None
Answer »Answer: (c)
Arun Jaitley has been appointed as the member of the Board of Governors of the Asian Development Bank (ADB). He replaced P. Chidambaram.
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 »Answer: (a)
TCS has become the first Indian company to achieve market capitalization of ` 5 lakh crore followed by ONGC at 3.5 lakh crore.
Question : 24
Which of the following are bird sanctuaries?
- Sur Sarovar (Keetham) lake
- Sultanpur
- Periyar
- Keoladeo National Park
a) 3 and 4 only
b) 2 and 4 only
c) 1, 2 and 3 only
d) 1, 2 and 4 only
Answer »Answer: (d)
Periyar is a tiger reserve. Sur Sarovar was recently in news due a case in National Green Tribunal.
Question : 25
Which of the following statements are correct regarding Soil Health Card (SHC) scheme?
- The scheme aims to provide information to the farmers about nutrients present in the soil.
- It is sponsored jointly by centre and state in the ratio 75:25.
- According to health card report, soil nutrients will be provided to the farmers free of cost.
a) 1 only
b) 2 and 3 only
c) 1 and 2 only
d) None of these
Answer »Answer: (a)
The scheme is fully sponsored by the central government. The scheme plans to target 14 crore farmers in next three years.
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