June 16, 2024

Indian Economy Quiz: Day 15

Which of the following is/are correct regarding Green bonds?
1. Green bonds are financial instruments that generate proceeds for the investments in environmentally-suitable and climate friendly projects.
2. Government announced at the Union Budget 2022-23 that it will issue its maiden sovereign green bonds in the present financial year.
Select the correct answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
How many of the below given pair(s) is/are correctly matched?
1. Self Reliant India (SRI) Fund MSME Sector
2. National Bio Energy Programme Ministry of Environment, Forest and Climate Change
3. Innovations For You Atal Innovation Mission
  • (A) 1 pair only
  • (B) 2 pairs only
  • (C) All the pairs
  • (D) None of the pairs
Which of the following is incorrect regarding an "Angel investor“?
  • (A) Angel investor means any person who proposes to invest in an angel fund
  • (B) A high-net-worth individual who provides financial backing for startups.
  • (C) A high-net-worth individual who provides financial backing for MSME industries facing NPA issues.
  • (D) These types of investments are risky and usually do not represent more than 10% of the angel investor's portfolio
In which of the following five year plan, at its conception, it was felt that Indian economy has entered a “take-off stage”. Therefore, its aim was to make India a 'self-reliant' and 'self-generating' economy. This Plan was thorough failure in reaching the targets?
  • (A) 11th five year plan
  • (B) 3rd five year plan
  • (C) 10th five year plan
  • (D) 5th five year plan
Which of the following is/are correct regarding Alternate Investment Fund?
1. Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle.
2. Applicants can seek registration as an AIF in 3 different AIF categories.
Select the correct answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Consider the following statements regarding India Post Payments Bank (IPPB):
1. It comes under the aegis of the Department of Posts.
2. It is fully owned by the central government.
Select the correct statement(s) using the codes below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Which of the following are correct regarding Income Tax Return (ITR)?
1. Currently there are 7 kinds of ITR forms used for different categories of taxpayers.
2. A draft single income tax return (ITR) form was unveiled by the Central Board of Direct Taxes.
3. The common ITR form can be used by all taxpayers except trusts and non-profits.
Select the answer using the codes given below:
  • (A) 1 & 3 only
  • (B) 1 & 2 only
  • (C) 2 & 3 only
  • (D) All of the above
Which of the following is/are incorrect regarding Reserve Bank Innovation Hub?
1. It was created under the Companies Act.
2. It is jointly-owned by RBI and a consortium of 3 public sector banks.
Select the answer using the codes below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Commodity Markets Outlook report was released by which of the following?
  • (A) SEBI
  • (B) Centre for Monitoring Indian Economy
  • (C) World Trade Organization
  • (D) World Bank
Which industry is related to the second green revolution?
  • (A) Horticulture
  • (B) Food processing
  • (C) Fisheries
  • (D) Livestock
Which of the following statement(s) is/are correct?
1. External commercial borrowing (ECB) is basically a loan availed by an Indian entity from a non-resident lender.
2. They are used widely in India to facilitate access to foreign money by Indian corporations and PSUs.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
The Phillips curve suggests there is an inverse relationship between?
  • (A) Growth rate and unemployment rate
  • (B) Unemployment rate and Rate of taxation
  • (C) Rate of taxation and Government revenue
  • (D) Unemployment rate and Rate of inflation 
Which of the following statement(s) is/are correct?
1. The first bank of India was Bank of Hindustan.
2. Bank of Bengal was one of the 3 presidency banks during British rule in India.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2 
Which of the following statement(s) is/are incorrect?
1. In National electronic Fund Transfer, the transactions happens in batches & hence are slow .
2. In Real Time Gross Settlement, the transactions happen faster than NEFT.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2
Which of the following statement(s) is/are correct?
1. Capital Market is a part of financial system which is concerned with raising capital by dealing in shares, bonds and other long term investments.
2. Money market is the mechanism through which short term funds are loaned and borrowed.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2 
Which of the following is not a component of Current Account under the BoP?
  • (A) International trade transactions of services
  • (B) International trade transactions of goods
  • (C) International unilateral transfers
  • (D) Purchases of interest- bearing financial instruments
Lower interest rates are likely to :
  • (A) Decrease in consumption
  • (B) Increase cost of borrowing
  • (C) Encourage saving
  • (D) Increase borrowing and spending
Keynes theory pursues to replace laissez faire by?
  • (A) No government intervention
  • (B) Maximum intervention
  • (C) State intervention in certain situation
  • (D) Private sector intervention
The concept of national income was first introduced by which economist?
  • (A) Simon Kuznets
  • (B) John Maynard Keynes
  • (C) Arthur Laffer
  • (D) William Phillips
Which of the following statement(s) is/are correct?
1. Flow variables refers to a quantity of a commodity measured at a point of time.
2. Stock variables are measured over a period of time.
Select the answer using the codes given below:
  • (A) 1 only
  • (B) 2 only
  • (C) Both 1 and 2
  • (D) Neither 1 nor 2

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