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1. With recent efforts being made for financial inclusion, consider the following statements about Small Finance Banks
  1. SFBs come under a differentiated bank licence and they cannot advance loans or issue credit cards.
  2. Minimum paid-up capital to open a Small Finance bank would be Rs 100 cr with promoter's equity initially set at 40%.
  3. Cannot be a business correspondent of any bank.
Choose the correct statement
2. Amidst the ongoing efforts to sustain self sufficiency in the fertilizer production, consider the following statements:
  1. The Fertilizer Industry in India is one of the 8 core industries with minimum weightage attributed to it.
  2. Fertiliser subsidy is awarded to the fertiliser company and not to the farmer directly.
  3. India is largest consumer of fertilizer because of India's huge agrarian economy.
Choose the correct statements
3. Consider the following statements about Seed Replacement Rate and associated efforts in India:
  1. It is the percentage of area sown out of the total area of the crop planted in the season by using farm-saved seed other than the certified/quality seeds.
  2. The National Seeds Policy 2002 emphasizes on reducing the seed replacement rates of various crops to save costs.
  3. Under Seed Village Programme financial assistance is available for up to one acre per farmer for distribution of foundation/certified seeds at 50% of seed cost for cereal crops
Choose the incorrect statements
4. With reference to casual workers employed in India, consider the following statements:
  1. All casual workers are entitled for Employees Provident Fund Coverage.
  2. All casual workers are entitled for regular working hours and overtime payment.
  3. The government can by a notification specify that an establishment or industry shall pay wages only through its bank account.
Which of the above statement are correct?
5. With regards to the efforts being made to boost India's export potential, cosider the given statements about Special Economic Zones in India:
  1. An SEZ is a territory within a country that is duty-free and has different business and commercial laws to encourage investment and create employment.
  2. Exports arising out of the SEZs in India have largely stagnated in the last decade.
  3. Baba Kalyani committee reviewed the working of SEZs in India and suggested reforms to make it WTO compatible.
Select the correct statements
6. In India, deficit financing is used for raising resources for:
7. With reference to recapitalisation of Regional Rural Banks seen in news, consider the following statements:
  1. The recapitalisation process of RRBs was approved after recommendations of a committee set up under the Chairmanship of K C Chakrabarty.
  2. RRBs do not need to maintain Capital Adequacy Ratio as part of Basel Norms.
  3. The equity of a regional rural bank is held by the Central Government, concerned State Government and the Sponsor Bank in the proportion of 50:15:35
Choose the correct statements:
GS Paper 1 GS-1
GS Paper 1 GS-2
GS Paper 1 GS-3
GS Paper 1 GS-4
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