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Daily MCQ Quiz

1. While being cautious of inflation, the RBI has recently decided to continue the accommodative stance in its latest monetary policy to support growth. Accommodative stance means ?

A.

RBI may reduce the policy rates to increase the money supply in the economy.

B.

RBI would have have the flexibility to either increase or decrease the policy rates by taking into account the macroeconomic conditions

C.

RBI would either keep the rates constant or increase the rates

D.

Key policy rates would move in either direction

Prev
Next

2. During previous monetary policy, RBI introduced a tool called long-term repo operation (LTRO). Which of the following is not true about LTRO?

A.

Under LTRO, RBI provides longer term loans to banks at the prevailing repo rate.

B.

LTRO helped RBI ensure that banks reduce their marginal cost of funds-based lending rate, without reducing policy rates.

C.

RBI introduced LTRO to inject liquidity in the system, as well as to ensure transmission of rates.

D.

LTRO helps to prevent bringing down the yields for shorter-term securities (in the 1-3-year tenor) in the bond market.

Prev
Next

3. Under the Targeted Long-Term Repo Operations (TLTRO), banks can invest in specific sectors through which of the following debt instruments to push the credit flow in the economy?

corporate bonds
commercial papers
Non convertible debentures

Choose the correct answer

A.

1 only

B.

3 only

C.

1 and 2

D.

1,2,3

Prev
Next

4. Consider the following statements:

India?s R&D investment in science and technology is less than BRIC nations.
India?s gross expenditure on R&D (GERD) as a percentage of GDP stood below 0.5% in 2020.

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

Prev
Next

5. Consider the following statements with reference to International Energy Agency:

It is a Paris-based autonomous intergovernmental organisation established in the framework of the Organisation for Economic Co-operation and Development (OECD).
India has signed Strategic Partnership Agreement with the IEA.

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

Prev
Next

6. Consider the following statements:

36% of India?s district are classified as ?overexploited? or ?critical? by the central Ground Water Authority (CGWA).
CGWA was formed under the Environment (Protection) Act.
India has the largest area under groundwater irrigation in the world.

Which of the statements given above is/are correct?

A.

1 only

B.

2 and 3

C.

2 only

D.

1 and 3

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Correct Answer : 1

Wrong Answer : 9

Unread Question : 0

Total Score : -3.94

Toppers

Ranjeeta sharma

MD Abdul Shahid

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