Q. 41. If the Reserve Bank of India decides to adopt a contractionary monetary policy, which of the following would it do?
1. Increase the Statutory Liquidity Ratio
2. Decrease the Marginal Standing Facility Ratio
3. Increase the Standing Deposit Facility rates
Select the correct answer using the code given below:
(A) 1 and 2 only
(B) 2 only
(C) 1 and 3 only
(D) 1, 2 and 3
Answer:
Explanation:
Q. 42. Consider the following statements:
1. The living wage is the amount paid to workers for their basic needs based on the cost of living in a specific community.
2. In addition to bare needs, a living wage also includes education and insurance.
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. 43. Consider the following:
1. Free food coupons
2. Unemployment package
3. Price ceiling on the goods
How many of the above act as automatic stabilizers in an economy?
(A) Only one
(B) Only two
(C) All three
(D) None
Answer:
Explanation:
Q. 44. With reference to ‘Debt Swap’, consider the following statements:
1. It is a mechanism in which a portion of the debt is exchanged for some other form of asset or debt instrument.
2. It allows creditors to reduce their exposure to risk by reducing their debt portfolio.
3. It can help the low-income countries to deploy part of their debt repayments to invest in measures to tackle climate change.
Which of the statements given above are correct?
(A) 1 and 2 only
(B) 2 and 3 only
(C) 1 and 3 only
(D) 1, 2 and 3
Answer:
Explanation:
Q. 45. Consider the following:
1. External assistance from multilateral sources on government account
2. Defence debt
3. Investment in government securities by Foreign Portfolio Investors
4. External Commercial Borrowings
5. Deposits by Non-Resident Indians
How many of the above forms a part of the Sovereign External Debt of India?
(A) Only two
(B) Only three
(C) Only four
(D) All five
Answer:
Explanation: