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Subject Details

  • Indian Economy

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Indian Economy

Book Name - Economy Previous Year Questions

Description

2023

1)      Consider the following statements with reference to India:

1.      According to the ‘Micro, Small and Medium Enterprises Development (MSMED) Act, 2006’, the ‘medium enterprises’ are those with investments in plant and machinery between Rs. 15 crore and Rs. 25 crore.

2.      All bank loans to the Micro, Small and Medium Enterprises qualify under the priority sector.

Which of the statements given above is/are correct?

a)      1 only

b)      2 only

c)      Both 1 and 2

d)      Neither 1 nor 2

 

Ans: b

 

2)      With reference to Central Bank digital currencies, consider the following statements:

1.      It is possible to make payments in a digital currency without using US dollar or SWIFT system.

2.      A digital currency can be distributed with a condition programmed into it such as a time-frame for spending it.

With of the statements given above is/are correct?

a.      1 only

b.      2 only

c.       Both 1 and 2

d.      Neither 1 nor 2

Ans: c

3)      In the context of finance, the term ‘beta’ refers to

a.      the process of simultaneous buying and selling of an asset from different platforms

b.      an investment strategy of a portfolio manager to balance risk versus reward

c.       a type of systemic risk that arises where perfect hedging is not possible

d.      a numeric value that measures the fluctuations of a stock to changes in the overall stock market

Ans: d


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