Q. 41. Which of the following countries shared boundary with the Mediterranean sea?
1. Croatia; 2. Tunisia; 3. Jordan; 4. Montenegro; 5. Bulgaria
Select the correct answer using the codes given below:
(A) 1, 2 and 4 only
(B) 1, 3 and 4 only
(C) 2, 3 and 5 only
(D) 1, 2 and 5 only
Answer:
Explanation:
Q. 42. With reference to the ‘government borrowing’, which of the following statements is/are correct:
1. Borrowing is a loan taken by the government and falls under revenue receipts in the Budget document.
2. The government borrows through the issue of government securities called G-secs and Treasury Bills.
3. The Centre has raised borrowing limits for states from 3% to 7% of gross state domestic product (GSDP) for the fiscal year 2021-2022.
Select the correct answer using the codes given below:
(A) 1 and 2 only
(B) 2 only
(C) 1 and 3 only
(D) 1, 2 and 3
Answer:
Explanation:
Q. 43. Which of the following statement is incorrect about Regional rural bank?
(A) Regional Rural Banks were set up on the basis of the recommendations of the Narasimham Working Group (1975).
(B) The equity of a regional rural bank is held by the Central Government, concerned State Government and the Sponsor Bank in the proportion of 50:35:15.
(C) RRBs will have a target of 75 percent of their outstanding advances for priority sector lending.
(D) RRBs shall need to maintain the Statutory liquidity ratio (SLR).
Answer:
Explanation:
Q. 44. With reference to ‘Nominal exchange rates (NER) and Real Exchange Rates (RER)’, which of the following statements is/are correct:
1. The RER tells how much foreign currency can be exchanged for a unit of the domestic currency, the NER tells how much the goods and services in the domestic country can be exchanged for the goods and services in a foreign country.
2. A high RER implies that foreign goods are relatively cheap and domestic goods are relatively expensive.
Select the correct answer using the codes given below:
(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 and 2
Answer:
Explanation:
Q. 45. With reference to PM SVANidhi Scheme, consider the following statements:
1. This is a Centrally Sponsored Scheme.
2. The scheme is carried out under the Ministry of Finance.
3. Under this scheme, vendors can avail of a working capital loan of up to Rs. 10,000, which is repayable in quarterly installments in the tenure of one year.
Which of the statements given above is/are incorrect?
(A) 1 and 2 only
(B) 2 only
(C) 3 only
(D) 1, 2 and 3
Answer:
Explanation: