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  • Question
  • In India, the term ?hot money? is used to refer to


  • Options
  • A. Currency + Reserves with the RBI
  • B. Net G D R
  • C. Net Foreign Direct Investment
  • D. Foreign Portfolio Investment

  • Correct Answer
  • Foreign Portfolio Investment 

    Explanation

    In fact, FPI is often referred to as ?hot money? because of its tendency to flee at the first signs of trouble in an economy. These massive portfolio flows can exacerbate economic problems during periods of uncertainty.

     

  • Tags: Bank Exams

    Basic General Knowledge problems


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    • 1. Which one of the following statements is correct with respect to the composition of national income in India?

    • Options
    • A. The share of manufacturing sector has declined
    • B. The share of services sector has increased sharply.
    • C. The share of agriculture has remained static.
    • D. The share of services sector has declined.
    • Discuss
    • 2. Which one of the following is notan Air Defence Missile system?

    • Options
    • A. Akash
    • B. Trishul
    • C. Tatra
    • D. Astra
    • Discuss
    • 3. Which one of the following statements is correct?

    • Options
    • A. The rank of Second Lieutenant has been abolished.
    • B. The Chief of Army Staff carries the rank of Field Marshal.
    • C. All officers posted to Andaman and Nicobar Islands wear the ranks of the Indian Navy.
    • D. The rank of Major General is higher than the rank of Lieutenant General.
    • Discuss
    • 4. Which one of the following is not one of the Commands of the Indian Army?

    • Options
    • A. South Western Command
    • B. North Eastern Command
    • C. Central Command
    • D. Army Training Command (ARTRAC)
    • Discuss
    • 5. Which one of the following is correct?

    • Options
    • A. Infantry Regiment is also known as the Mechanized Infantry Regiment.
    • B. Corps of Electrical and Mechanical Engineers is subsumed in the corps of Engineers.
    • C. Army Medical Corps and ArmyDental Corps are two divisions of the Army Service Corps.
    • D. Army has its own Corps of Air Defence.
    • Discuss
    • 6. Which of the following is/ are credit rating agency/agencies in India?

    • Options
    • A. CRISIL
    • B. CARE
    • C. ICRA
    • D. All of the above
    • Discuss
    • 7. Who among the following is the Chairman of the Fourteenth Finance Commission?

    • Options
    • A. C. Rangarajan
    • B. Vijay Kelkar
    • C. Y. V. Reddy
    • D. Rakesh Mohan
    • Discuss
    • 8. The members of NAFTA are

    • Options
    • A. USA, Canada and Mexico
    • B. USA, Canada and India
    • C. USA, Canada and Japan
    • D. USA, UK and India
    • Discuss
    • 9. The Sixth Schedule of the Constitution of India pertains to the administration of tribal areas in which of the following States?

    • Options
    • A. Assam, Meghalaya, Tripura and Mizoram
    • B. Meghalaya, Tripura, Manipur and Mizoram
    • C. Assam, Manipur, Meghalaya and Tripura
    • D. Manipur, Meghalaya, Tripura and Arunachal Pradesh
    • Discuss
    • 10. The Deccan Agriculturalists 'Relief Act of 1879 was enacted with which one of the following objectives?

    • Options
    • A. Restore lands to the dispossessed peasants
    • B. Ensure financial assistance to peasants during social and religious occasions
    • C. Restrict the sale of land for indebtedness to outsiders
    • D. Give legal aid to insolvent peasants
    • Discuss


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