Welcome to your 02 March 2023 Daily Quiz

1.Which of the following acts as a mechanism for government lending? 1. CRR 2. Repo rate 3. Reverse repo rate 4. SLR Select the correct answer using code given below.

2.Consider the following items imported by India 1. Electronic Components 2. Gold 3. Petroleum products 4. Precious stones Arrange the correct sequence of the decreasing order of these items

3. Which of the following is an Effective Revenue Deficit?

4.The government has targeted to reduce the fiscal deficit to 3% of GDP. What can be done by government to reduce the fiscal deficit? 1. Tax reforms 2. Rationalization of expenditure 3. Increase Subsidies 4. Privatization of loss-making PSUs Select the correct answer using code given below

5.The government has targeted to reduce the fiscal deficit to 3% of GDP. What can be done by government to reduce the fiscal deficit? 1. Tax reforms 2. Rationalization of expenditure 3. Increase Subsidies 4. Privatization of loss-making PSUs Select the correct answer using code given below

6.Which of the following statements are correct? 1. The market price of a product is always more than its factor cost. 2. Factor cost includes the impact of production tax. Select the correct answer using the code given below.

7.Which of the following is not a transfer payment?

8.Consider the following statements about the classification of goods. 1. Air cooler is an example of an inferior good. 2. Steel used for making a bar is an intermediate good. 3. Bread, rice, and wheat are examples of Veblen goods. Which of the above statements are correct?

9.Which of the following tools come under the Liquidity Adjustment Facility (LAF) of RBI? 1. Repo rate 2. Cash Reserve Ratio 3. Reverse repo rate 4. Statutory Liquidity Ratio 5. Bank Rate Select the correct answer using the code given below.

10.Which of the following statements about repurchase options is correct?

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