Recently, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?

What is/are the purpose/purposes of the ‘Marginal Cost of Funds based Lending Rate (MCLR)’ announced by RBI?

1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances
2. These guidelines help ensure availability of bank credit & interest rates which are fair to the borrowers as well as the banks

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With reference to pre-packaged items in India, it is mandatory for the manufacturer to put which of the following information on the main label, as per the Food Safety and Standards (Packaging and Labeling) Regulations, 2011?

1. List of ingredients including additives
2. Nutrition information
3. Recommendations, if any made by the medical profession about the possibility of any allergic reactions
4. Vegetarian/non-vegetarian

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Which of the following is/are included in the capital budget of the Government of India?

1. Expenditure on acquisition of assets like roads, buildings, machinery, etc.
2. Loans received from foreign governments.
3. Loans and advances granted to the States and Union Territories.

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With reference to ‘Financial Stability and Development Council’, consider the following statements:

1. It is an organ of NITI Aayog.
2. It is headed by the Union Finance Minister.
3. It monitors macro-prudential supervision of the economy.

Which of the statements given above is/are correct?

India’s ranking in the ‘Ease of Doing Business Index’ is sometimes seen in the news. Which of the following has declared that ranking?

Recently, India’s first ‘National Investment and Manufacturing Zone’ was proposed to be set up in -

Which one of the following is a purpose of ‘UDAY’, a scheme of the Government?

‘Global Financial Stability Report’ is prepared by the -

Consider the following statements with reference to ‘IFC Masala Bonds’ -

1. The International Finance Corporation, which offers these bonds, is an arm of the World Bank.
2. They are the rupee-denominated bonds and are a source of debt financing for the public and private sector.

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The term ‘Core Banking Solution’ is sometimes seen in the news. Which of the following statements best describes/describe this term?

1. It is networking of a bank’s branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts.
2. It is an effort to increase RBI’s control over commercial banks through computerization.
3. It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank.

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What is/are the purpose/purposes of Government’s ‘Sovereign Gold Bond Scheme’ and 'Gold Monetization Scheme'?

1. To bring the idle gold lying with India households into the economy
2. To promote FDI in the gold and jewellery sector
3. To reduce India’s dependence on gold imports

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In the context of which of the following do you sometimes find the terms ‘amber box, blue box and green box’ in the news?

The term ‘Base Erosion and profit shifting’ is sometimes seen in the news in the context of

The establishment of “Payment Banks’ is being allowed in India to promote Financial Inclusion. Which of the following statements is/are correct in this context?

1. Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks.
2. Payment Banks can issue both credit cards and debit cards.
3. Payment Banks cannot undertake lending activities.

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Which of the following best describes the term “import cover”, sometimes seen in the news?

There has been a persistent deficit budget year after year. Which action/actions of the following can be taken by the Government to reduce the deficit?

1. Reducing revenue expenditure
2. Introducing new welfare schemes
3. Rationalizing subsidies
4. Reducing import duty

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