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Question 1
Consider the following statements about Financial Stability and Development Council (FSDC):
1) The Financial Stability and Development Council (FSDC) was constituted in 2010.
2) The FSDC was set up to strengthen and institutionalize the mechanism for maintaining financial stability.
3) Its members include, among others the RBI governor, the Finance Minister, but not the Chief Economic Advisor.
Which of the statements given above is/are correct?
1) The Financial Stability and Development Council (FSDC) was constituted in 2010.
2) The FSDC was set up to strengthen and institutionalize the mechanism for maintaining financial stability.
3) Its members include, among others the RBI governor, the Finance Minister, but not the Chief Economic Advisor.
Which of the statements given above is/are correct?
Question 2
Consider the following statements about Ease of Doing Business Index 2019:
1) The index ranks 190 countries based on 10 indicators across the life-cycle of a business, from “starting a business” to “resolving insolvency.
2) India jumped 25 ranks in the World Bank’s Ease of Doing Business Index 2019.
Which of the statements given above is/are correct?
1) The index ranks 190 countries based on 10 indicators across the life-cycle of a business, from “starting a business” to “resolving insolvency.
2) India jumped 25 ranks in the World Bank’s Ease of Doing Business Index 2019.
Which of the statements given above is/are correct?
Question 3
Consider the following statements about Section 7 of the RBI Act:
1) The section was used during the financial crisis of 1991.
2) The usage of this section has considerable impact on RBI’s autonomy.
Which of the statements given above is/are correct?
1) The section was used during the financial crisis of 1991.
2) The usage of this section has considerable impact on RBI’s autonomy.
Which of the statements given above is/are correct?
Question 4
Consider the following statements about Blue Bond and identify the incorrect statement:
Question 5
Consider the following statements about Padur Strategic Petroleum Reserves (SPR):
1) The SPR facility at Padur is underground rock cavern with total capacity of 2.5 million metric tonnes (MMT).
2) It has five compartments of 0.5 MMT each.
Which of the statements given above is/are correct?
1) The SPR facility at Padur is underground rock cavern with total capacity of 2.5 million metric tonnes (MMT).
2) It has five compartments of 0.5 MMT each.
Which of the statements given above is/are correct?
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