Marketing Aptitude - Indian Economy

1)      The Rural Infrastructure Development Fund (RIDF) continues to sanction and disburse funds to State Governments, The Rural Infrastructure Development Fund is operated by

          a) Regional Rural Banks (RRBs)

          b) National Bank of Agricultural and Rural Development (NABARD)

          c) Reserve Bank of India (RBI)

          d) State Co-operative Agriculture and Rural Development Bank (SCARDBs)

2)      The Reverse Repo Rate is

a)     The return banks earn on excess funds parked with the central bank against Government securities.

b)    It is a borrowing from central banks which helps in maintain Base Rates of the Bank.

c)     It is a reverse bank option which the Banks use to raise the CCR.

d)    None of the statements given above are correct.

3)      Consider the following banks

         

i) Vijaya Bank

          ii) The Oriental Bank of Commerce

          iii) The New Bank of India

          iv) The Punjab and Sind Bank

          Which of the given above banks are nationalized banks?

          a) i and ii only      b) ii and iii only    c) i, ii and iii only d) all of the above

4)     The RBI prints all the notes in India from Rs.2 to 500. The one rupee notes and coins are issued by ministry of finance, Government of India, under the direction of

        

a) The Consolidated Fund of India   b) The Reserve Bank of India

         c) Planning Commission of India      d) None of these

5)     Zero-Coupon Bonds

        

a)     It is issued at a discount to face value.

b)    It is issued at a zero bullet payment at the time of maturity.

c)     It is issued with 5 percent interest during the period of the bond.

d)    None of these.

6)      What is primary deficit?

a)     It is the excess of revenue expenditure over revenue receipts

b)    It is excess of fiscal deficit over the interest payments

c)     It is the excess of total expenditure over the sum of revenue receipts and non- debt creating capital receipts.

d)    None of these.

7)      Cross Subsidy are those subsidy in which

a) The Government decides the price of the scarce goods and sells them at price less than the cost of purchase.

b) The Government purchases at a lower cost and sells it at a higher cost.

c) The Government purchases at a higher cost and sells at a internal price

d) The Government adjusts the price between two commodities

8)      Mass Structure Poverty happens because of

         

a)     The economy lacked labour power to work

b)    Climate disorder or political turmoil\

c)     Stagnation of production

d)    None of these

9)      Which of the following Taxes levied and collected by the Union and distributed between Union and States?

          i) Income Tax       ii) Excise Tax       iii) Land Tax        iv) Toll Tax

          Select the answer using the code given below in the context.

a)     i and ii only

b)    i, ii and iii only

c)     i, ii and iv only

d)    i, iii and iv only

10)    Liquidity Ratio

         

          a) It refers to the proportion of the bank assets which can be quickly converted into cash.

b) It refers to the proportion of bank assets which are landed to the customers.

c) It refers to the proportion of bank assets which are deposited to RBI.
d) None of these

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