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Indian Banking and Financial System

Answer: C

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Answer: D

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73.

Consider the following

1. Trade and earn revenue

2. Become the sole controller of food grain supply

3. Prevent Black marketing

Which among the following are the primary objectives of the government to buy food grains directly from the farmers?

Answer: C

Black Market may emerge due to a shortage or limitation of products and due to convenience of merchandise available for cheap sale or resale. Also they are encouraged by buyers who have no regard for legality of supply and sale.

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Answer: B

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75.

Who is the Deputy Chairman of Planning Commission at present?

Answer: A

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76.

Which certification indicates a guarantee of quality for agricultural food products like ghee, honey, etc.?

Answer: B

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77.

India has a high export earnings from diamonds. In this context, consider the following:

1. Small Production of Industrial Diamonds

2. High Diamonds stock

3. Availability of experts on cutting and polishing.

Which among the above is most appropriate reason being the above statements?

Answer: C

The central government move to curb the unscrupulous practices of round tripping of polished diamonds seems to have paid off. For the first time in a decade India’s polished diamond export is expected to fail by around 37 percent to $ 17 billion in 2012-13.

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78.

Which one of the following was set up during the Seventh Five Year Plan to help the low income groups?

Answer: A

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79.

Which Five-Year Plan had adopted ‘Removal of Poverty’ as its foremost objective?

Answer: D

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80.

The financial institute IFCI established in

Answer: B

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