UPSC IAS 2018 PRELIMS PRACTICE QUESTIONS : DAY 17/60 SAMVEG IAS

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UPSC IAS 2018 PRELIMS PRACTICE QUESTIONS : DAY 17/60 SAMVEG IAS

Q.1) Which of the following regulators regulate the NBFCs in India?

  1. Reserve Bank of India
  2. Security and Exchange Board of India
  3. Insurance Regulatory Development Authority
  4. National Housing Bank

Select the correct answer using the codes given below.

  1. 1 only
  2. 1 and 2 only
  3. 1, 2 and 3 only
  4. All the above

Q.2) Consider the following statements about Cash Reserve Ratio (CRR)

  1. An increase in CRR sucks amount from the economy
  2. A decrease in CRR injects amount into the economy

Which of the above statements is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. None

Q.3) Consider the following statement about Call Money Market:

  1. Borrowing and lending of funds take place on overnight basis.
  2. Participants in the call money market in India currently include all the scheduled commercial banks (SCBs), cooperative banks, insurance.

Which of the above statements is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. None

Q.4) Which of the following are the Non-Banking Financial Company (NBFC) in India as per RBI?

  1. Asset Finance Company (AFC)
  2. Infrastructure Finance Company (IFC)
  3. Peer to Peer (P2P) lending
  4. Account Aggregators

Select the correct answer using the codes given below.

  1. 1 and 2 only
  2. 1, 2 and 3 only
  3. 1, 3 and 4 only
  4. All the above

Q.5) Agriculture is covered under the priority sector lending. Which of the following activities are covered under agriculture?

  1. Farm credit
  2. Agriculture Infrastructure
  3. Ancillary Activities

Select the code from below:

  1. 1 only
  2. 1 and 2
  3. 2 and 3
  4. All of the above

Q.6) Consider the following statements regarding Regional Rural Banks:

  1. RRBs have a statutory backing under RRB Act 1976.
  2. Regional Rural Banks are regulated by National Bank for Agriculture and Rural Development (NABARD)
  3. Their area of operation may include urban areas too.

Which of the above statements are correct?

  1. 1 and 2
  2. 2 and 3
  3. 1 and 3
  4. All of the above