GK

1.The difference between the outflow and inflow of foreign currency is known as ___:
[A]Foreign Exchange Reserves
[B]Current Account Deficit
[C]Fiscal Deficit
[D]Balance of Payments

2.Which among the following schemes of the Government was launched with an objective of a slum free India?
[A]Indira Awas Yojana
[B]Rajiv Awas Yojana
[C]Ambedkar Awas Yojana
[D]Gruhalaxmi Scheme

3.Which among the following regulate the commodity markets in India?

1. RBI
2. SEBI
3. Forward Market Commission
Choose the correct option from the codes given below:
[A]Only 1 & 2
[B]Only 2 & 3
[C]Only 1 & 3
[D]Only 3

4.While promoting India as an investment destination, recently India’s Finance Minister said that the “financial protectionism” by the industrial countries is an issue of concerns. Which among the following best defines the Financial Protectionism?

[A]Imposing Tariffs and other barriers to trade
[B]Providing direct and indirect subsidies to farmers
[C]Imposing barriers to inward or outward capital flows
[D]Manipulating the foreign exchange rates

5.One of the headlines in the news papers recently read: "Rupee tumbled 10 paise at one-week low of 54.62". Which among the following can tumble the Rupee  down?

1. Sustained dollar demand from importers
2. Capital outflows
3. Rupee showing bearish trend in currency market

Choose the correct option from the codes given below:
[A]Only 1 & 2
[B]Only 2 & 3
[C]Only 1 & 3
[D]1, 2 & 3

6.Recently, India and Malta have renegotiated and signed the revised Double Taxation Avoidance Agreement (DTAA) to align with global norms and changes in domestic laws. Malta is one of the most developed countries in world with its capital at __:
[A]Valletta
[B]Cospicua
[C]Città Victoria
[D]Żejtun

7.A commercial bank will launch a medium term note (MTN) programme to ___:

[A]Provide loans
[B]Raise Funds
[C]Sell Equity
[D]Purchase shares

8.The recently released data on India’s services exports reveal that India’s services exports rose by 9.5 percent to USD 12.28 billion. The data on India’s services trade is released by __?

[A]Central Statistical Office (CSO)
[B]Reserve Bank of India (RBI)
[C]Ministry of Commerce & Industry
[D]Ministry of Statistics and Programme Implementation

9.The government of India can interfere in the prices of which among the following?

1. Gasoline
2. Diesel
3. Natural Gas

Choose the correct option from the codes given below:

[A]Only 2 & 3
[B]Only 2
[C]1, 2 & 3
[D]Only 3

10.As of now, India has independent regulators to control the __:

1. Commodity Exchanges
2. Insurance Market
3. Stock Markets
4. Coal Sector
5. Road Sector

Choose the correct option from the codes given below:
[A]Only 1 & 2
[B]Only 1, 2 & 3
[C]Only 1, 2, 3 & 4
[D]1, 2, 3, 4 & 5