The Tertiary Sector in the Indian Economy 2

The Tertiary Sector in the Indian Economy, Questions and Answers, GK for UPSC, Bank PO & All Exams

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1. Consider the following statements: [2004]
1. Reserve Bank of India was nationalized on 26 January, 1950
2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance
Which of the statements given above is/are correct?


2. Consider the following: [2002]
1. Currency with the public
2. Demand deposits with banks
3. Time deposits with banks
Which of these are included in Broad Money (M,) in India?


3. A country is said to be a debt trap if: [2002]


4. The largest share of Foreign Direct Investment (1997-20001) went to: [20011]


5. Debenture holders of a company are its: [2003]


6. Assertion (A): During the year 2001-02, the value of India’s total exports declined, registering a negative growth of 2.17%.
Reason (R): During the year 2001-02, negative growth in exports was witnessed in respect of iron and steel, coffee, textiles and marine products. [2003]


7. Consider the following financial institutions of India: [2002]
1. Industrial Finance Corporation of India (IFC1)
2. Industrial Credit and Investment Corporation of India (ICICI)
3. Industrial Development Bank of India (IDBI)
4. National Bank for Agriculture and Rural Development (NABARD)
The correct chronological sequence of the establishment of these institutions is:


8. Consider the following statements: [2004]
1, The National Housing Bank the apex institution of housing finance in India, was set up as a wholly-owned subsidiary of the Reserve Bank of India
2. The Small Industries Development Bank of India was established as a wholly owned subsidiary of the industrial development Bank of India
Which of the statements given above is/are correct?


9. Consider the following statements regarding Reserve Bank of India: [2001]
1. It is a banker to the Central Government
2. It formulates and administers monetary policy
3. It acts as an agent of the Government in respect of India
4. It handles the borrowing programme of Government of India
Which of these statements are correct?


10. In the last one decade, which one among the following sectors has attracted the highest Foreign Direct Investment inflows into India? [2004]


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