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- Question
When was Consumer Protection Act (COPRA) passed?
Options- A. 1984
- B. 1980
- C. 1986
- D. 1995
- Correct Answer
- 1986
- 1. Income and consumption are ___________.
Options- A. directly related
- B. partially related
- C. inversely related
- D. unrelated Discuss
- 2. Which of the following is not true regard to Goods and Services Tax (GST) ?
Options- A. It will replace luxury tax
- B. It is a direct tax
- C. It will replace multiple taxes on a product or service
- D. It is an indirect tax Discuss
- 3. Administered prices refer to Discuss
- 4. Which is the first payment bank in India?
Options- A. Fino Payments Bank
- B. Airtel Payments Bank
- C. Aditya Birla Payments Bank
- D. Paytm Payments Bank Discuss
- Aditya Birla Payments Bank,
- Airtel Payments Bank,
- India Post Payments Bank,
- Fino Payments Bank,
- Jio Payments Bank (and)
- Paytm Payments Bank.
- 5. If depreciation exceeds gross investment
Options- A. the economy's stock of capital is growing
- B. the economy's stock of capital may be either growing or shrinking
- C. net investment is zero
- D. the economy's stock of capital is shrinking Discuss
- 6. If the rupee depreciates, how the exporters are affected?
Options- A. They are unaffected
- B. They are in loss
- C. They are in profit
- D. They get credit crunch Discuss
- 7. The rate of inflation increases when the purchasing powerof money___________ .
Options- A. Decreases
- B. Increases
- C. Stable
- D. Decrease just half Discuss
- 8. For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .
Options- A. Capital Market
- B. Money Market
- C. Bullion Market
- D. wholesale cash market Discuss
- 9. Which among the following is the difference in valuebetween a countrys imports and exports?
Options- A. Balance of Trade
- B. Balance of Payment
- C. Balance of power
- D. Credit Balance Discuss
- 10. The term 'Zero Based Budgeting' refers to __________.
Options- A. A specified sum of money authorized by the Legislaturefor a specific period of time
- B. To ensure that every rupee spent is result oriented
- C. A statutorily mandated form of reimbursement or up-front payment for state expenditures
- D. A cost item for which payment is made by one stateagency to another Discuss
Indian Economy problems
Search Results
Correct Answer: directly related
Correct Answer: It is a direct tax
Correct Answer: Administered prices are prices set by government or firms which are not determined by regular market forces They do not vary in response to short-run fluctuations in demand and supply conditions Examples include price controls and rent controls
Correct Answer: Airtel Payments Bank
Explanation:
Airtel Payments Bank is the first payment bank in India. A payments bank is a new category of banks conceptualized by the Reserve Bank of India, which operates at a smaller scale than an actual bank and doesn't involve any credit risk. It can carry out most banking operations but can't advance loans or issue credit cards.
The RBI as of date has given licences to 11 payments bank of which six are currently operational. These include
Correct Answer: the economy's stock of capital is shrinking
Correct Answer: They are in profit
Correct Answer: Decreases
Correct Answer: Bullion Market
Correct Answer: Balance of Trade
Correct Answer: To ensure that every rupee spent is result oriented
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