
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?
Neither 1 nor 2


Important Questions on Indian Economy
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?

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

With reference to the Finance Commission of India, which of the following statement is correct?

A rapid increase in the rate of inflation is sometimes attributed to the 'base effect'. What is 'base effect'?

Consider the following actions which the government can take.
1. Devaluing the domestic currency.
2. Reduction in the export subsidy
3. Adopting suitable policies which attract greater FDI and more funds from FIIS.
Which of the above action/actions can help in reducing the current account deficit?

Which one of the following statements appropriately describes the 'Fiscal stimulus'?

Karl Marx explained the process of class struggle with the help of which one of the following theories?

Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two?
