
With reference to the Public Sector Undertakings in India, consider the following statements:
1. Minerals and Metals Trading Corporation of India Limited is the largest non-oil importer of the country.
2. Project and Equipment Corporation of India Limited is under the Ministry of Industry.
3. One of the objectives of Export, Credit Guarantee Corporation of India Limited is to enforce quality control and compulsory pre-shipment inspection of various exportable commodities.
Which of these statement(s) is/are correct?


Important Questions on Indian Economy
With reference to the Indian Public Finance, consider the following statements:
1. External liabilities reported in the Union Budget are based on historical exchange rates.
2. The continued high borrowing has kept the real interest rates high in the economy.
3. The upward trend in the ratio of Fiscal Deficit of GDP a recent years has an adverse effect on private investment.
4. Interest payments are the single largest component of the non-plan revenue expenditure of the union government.
Which of these statements are correct?

Consider the following:
1. Currency with the public.
2. Demand deposits with banks.
3. Time deposits with banks.
Which of these are included in Broad Money (M3) in India?

Consider the following financial institutions in India:
1. Industrial Finance Corporation of India (IFCI).
2. Industrial Credit and Investment Corporation of India(ICICI).
3. Industrial Development Bank of India (IDBI).
4. National Bank for Agriculture and Rural Development (NABARD).
The correct chronological sequence establishment of these institutions is:

With reference to Power Sector in India, consider the following statements:
1. Rural electrification has been treated as a Basic Minimum Service under the Prime Minister's Gramodaya Yojana.
2. 100% Foreign Direct Investment in power is allowed without an upper limit.
3. The Union Ministry of Power has signed a Memorandum of understanding with 14 states.
Which of these statements is/are correct?

A country is said to be a debt trap if:

Consider the following statements:
Full convertibility of the rupee may mean:
1. Its free float with any of the international currencies.
2. Its direct exchange with any other international currency at any prescribed place inside and outside the country.
3. It acts just like any other international currency.
Which of these statements are correct?

'World Development Report' is an annual publication of:

Consider the following statements:
1. The World Intellectual Property Organization (WIPO) is a specialised agency of the United Nations System of Organizations.
2. WIPO has its headquarters in Rome.
3. Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement is binding, on all World Trade Organization (WTO) members.
4. Least developed country members of WTO are not required to apply the provisions of TRIPS agreement for a period of 20 years from the general date of application of the agreement.
Which of these statements are correct?
