Micro-finance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/ services rendered under micro-finance is/are:
1. Credit facilities 2. Savings facilities.
3. Insurance facilities 4. Fund transfer facilities.
Select the correct answer using the codes given below:
Important Questions on Indian Economy
In the context of global oil prices; 'Brent crude oil' is frequently referred to in the news. What does this term imply?
1. It is a major classification of crude oil.
2. It is sourced from North sea.
3. It does not contain sulphur.
Which of the statement(s) given above is/are correct?
With what purpose is the Government of India promoting the concept of 'Mega Food Parks'?
1. To provide good infrastructure facilities for the food processing industry.
2. To increase the processing of perishable items and reduce wastage.
3. To provide emerging and Eco-friendly food processing technologies to entrepreneurs.
Select the correct answer using the codes given below:Which of the following can aid in furthering the government's objective of inclusive growth?
1. Promoting Self-Help Groups.
2. Promoting Micro, Small and Medium Enterprises;
3. Implementing the Right to Education Act.
Select the correct answer using the codes given below:Why is the Government of India disinvesting its equity in the Central Public Sector Enterprises (CPSEs)?
1. The government intends to use the revenue earned from the disinvestment mainly to pay back the external debt.
2. The government no larger intends to retain the management control of the CPSEs.
Which of the statement(s) given above is/are correct?
Economic growth is usually coupled with:
The lowering of Bank Rate by the Reserve Bank of India leads to:
Why is the offering of 'teaser loans' by commercial banks a cause of economic concern?
1. The 'teaser loans' are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.
2. In India, the 'teaser loans' are mostly given to inexperienced entrepreneurs to set-up manufacturing or export units.
Which of the statement(s) given above is/are correct?
In the context of Indian economy, consider the following statements:
1. The growth rate of GDP has steadily increased in the last five years.
2. The growth rate in per capita income has steadily increased in the last five years.
Which of the statement(s) given above is/are correct?
