Q. 46. Which one of the following statements best describes the term “Heated Currency”?
(A) A currency that is easily available in an economy in its forex market
(B) A currency that exits an economy at a very fast pace
(C) A currency that is seen as politically and economically stable
(D) A domestic currency that is depreciating rapidly
Answer:
Explanation:
Q. 47. With reference to the Real Effective Exchange Rate (REER), consider the following statements:
1. The value of REER declines as the domestic currency devalues.
2. An increase in a country’s REER indicates that its imports are becoming expensive.
Which of the statements given above is/are correct?
(A) 1 only
(B) 2 only
(C) Both 1 and 2
(D) Neither 1 nor 2
Answer:
Explanation:
Q. 48. Consider the following statements with reference to the ports in India:
1. Visakhapatnam Port in Andhra Pradesh is a land-locked harbour.
2. All coastal States have at least one major port except Goa and Karnataka.
3. All Major ports are under the control of the Central Government.
How many of the above statements are correct?
(A) Only one
(B) Only two
(C) All three
(D) None
Answer:
Explanation:
Q. 49. Which one of the following organisations is entrusted with the implementation of the Rural Infrastructure Development Fund (RIDF)?
(A) National Bank for Agriculture and Rural Development
(B) Reserve Bank of India
(C) Regional Rural Banks
(D) Primary Agriculture Credit Societies
Answer:
Explanation:
Q. 50. Consider the following statements with reference to National Startup Advisory Council:
1. It is constituted by the Department for Promotion of Industry and Internal Trade (DPIIT).
2. It provides seed funding to innovative startups in the country.
3. It is chaired by the Prime Minister of India.
Which of the statements given above is/are correct?
(A) 1 only
(B) 2 and 3 only
(C) 1 and 3 only
(D) 1, 2 and 3
Answer:
Explanation: