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Set 5: Part 13: Economics MCQ for Prelims
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Set 5: Part 12: Economics MCQ for Prelims

Akshay Kadam
With 5 yr UPSC coaching experience; I wl help u get conceptual clarity of topics & their Applied Understanding to score more.

U
Unacademy user
KD
Banda Bahadur was executed in 1716 by Farrukh Siyar (1713 - 1719).
Vb
i think CAR according to basel3 is 8% ,while rbi kept it 9% in india...so in 4th question answer should b C..both statements correct
Akshay Kadam
10 months ago
Ya ryt. I shd have mentioned either basal or rbi
  1. Economics Test Series For Prelims Master Economics with the help of Conceptual Objective unacademy Practice Questions, By Prof. Akshay D Kadam https://unacademy.com/user/AkshayDKadan


  2. Which of the following falls under Which of the following steps are Export and Import of Services under taken in case o BOP Current Account of India? 1) Money spent on travel by Tourists. 1) Monetary expansion. 2) Tuition paid to Universities by 2) Devaluation of currency. International Students. 3) Banking Insurance and consulting 4) Depreciation of currency. services in Foreign Land. 4) Interest received on international a) 1 and 2 investments. Options - a) 1 2 and 3 b) 1 2 and4 c) 2 3 and 4 d) 1 3 and 4 disequilibrium/Deficit? 3) Monetary contraction. Options b) 1 and 4 c) 3 and d) 3 and 2 https://unacademy.com/userlAkshayDKadam


  3. Which of the following statements about |Which of the following statements convertibility in Indian economy? 1) India has full convertibility of rupee on economy? trade/Visible/Merchandise account. 1) India has No convertibility on 2) India has full convertibility of rupee on capital account. services/Invisibles account. Which of the above statements are correct? a) Only 1 b) Only 2 c) Both 1 and 2 are correct d) Neither 1 nor 2 correct about convertibility in Indian 2) India has floating exchange rate. Which of the above statements are correct? a) Only 1 b) Only 2 c) Both 1 and 2 are correct d) Neither 1 nor 2 correct https://unacademy.com/userlAkshayDKadam


  4. Consider the following statements about BASEL III Norms regulatory capital 1) Capital adequacy ratio is the ration of amount of banks Capital(tier I +tier II) to the 1) Capital adequacy ratio under total loans/advances made by the bank. 2) Tier 1 capital predominantly consists of | 8%. common equity that is amount that all common shareholders have invested in the | 7% while Tier 2 capital requirement is company. Which of the above statements are correct? Which of the above statements are a) Only 1 by,Only 2 c) Both 1 and 2 are correct d) Neither 1 nor 2 correct Consider the following statements about BASEL III Norms regulatory capital requirement in India- BASAL IIl norms to be maintained is 2) Tier I capital requirement in India is 2% correct? a) Only 1 o) oh 2 and 2 are corect c) Both 1 and 2 are correct d) Neither 1 nor 2 correct https://unacademy.com/userlAkshayDKadam


  5. Consider the following statements about BASEL Ill The global financial stability Norms regulatory capital 1) The objective behind maintaining Capital conservation buffer is to increase capital requirements in good times and decrease theb) IMF same in bad times. 2) The objective behind maintaining Counter cyclical buffer is to maintain cushion of capital that can be used to absorb losses during periods of financial and economic stress. Which of the above statements are correct? report was released by which of the following organisation? a) World Economic Forum c) World Bank d) UNDP a) Only1 b) Only 2 c) Both 1 and 2 are correct d) Neither 1 nor 2 correct https://unacademy.com/userlAkshayDKadam


  6. The Indo Pacific Freedom corridor project, that aims to create infrastructure and connectivity project is joint initiative of which of the following countries? a) India and Japan b) India and USA c) India and ASEAN d) India and Australia https://unacademy.com/user/AkshayDKadam