6. With reference to Indian economy, consider the following
1. Bank rate
2. Open market operations 3. Public debt
4. Public revenue
Which of the above is/are component/ components of Monetary Policy?
1 only
2, 3 and 4
1 and 2
1, 3 and 4
7. When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen?
India's GDP growth rate increases drastically
Foreign Institutional Investors may bring more capital into our country
Scheduled Commercial Banks may cut their lending rates
It may drastically reduce the liquidity to the banking system
8. With reference to 'Indian Ocean Rim Association for Regional Cooperation (IOR-ARC)', consider the following statements: 1. It was established very recently in response to incidents of piracy and accidents of oil spills. 2. It is an alliance meant for maritime security only.
Which of the statements given above is / are correct?
2 onl
Both 1 and 2
Neither 1 nor 2
9. With reference to inflation in India, which of the following statements is correct?
Controlling the inflation in India is the responsibility of the Government of India only
The Reserve Bank of India has no role in controlling the inflation
Decreased money circulation helps in controlling the inflation
Increased money circulation helps in controlling the inflation
10. There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit? 1. Reducing revenue expenditure 2. Introducing new welfare schemes 3. Rationalizing subsidies 4. Expanding industries
Select the correct answer using the code given below.
1 and 3 only
2 and 3 only
1, 2, 3 and 4