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WBCS Main 2019 General Studies III (Indian Economy ) 29
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Daily Mock Test for WBCS

Arijit Basu Chowdhury is teaching live on Unacademy Plus

Arijit Basu Chowdhury
Graduate in History from St.Paul’s Cathedral Mission College.My Philosophy is Being Basic and Being simple and show actually what you are 😊

U
Unacademy user
dada ekto valo Kore describe Kore bolle subidhe hoto
Okay. 25th daily mock discussion er time a bole debo
Satyajit Mandal
10 months ago
Thanks dada
  1. Mission WBCS (Exe.) 2019 Prelims and Mains Daily Mock Test Arijit Basu Chowdhury


  2. West Bengal Civil Services Graduate in History from St.Paul's Cathedral Mission College, Kolkata . Interests: Fitness , Current Affairs ,Burning Issues, Music, News Analysis . You can follow me on UNACADEMY- https://unacademy.com/user/ArijitBasuChowdhury Life has two rules: 1) Never quit. 2) Always remember Rule #1 . Rate , Review & Recommend


  3. Daily Mock Test (Indian Economy) 1. Which of the following statement about 'White Label ATMs' is correct? a) These ATMs are set up, owned and operated by Non-bank entities b) These ATMs are set up, owned and operated by the sponsor bank whose brand is used on the ATM. ATMs owned by a service provider, but cash management and connectivity to banking networks is provided by a sponsor bank whose brand is used on the ATM. c) d) Thaese are ATMsoperated abroad to wihdraw India aurens,


  4. Daily Mock Test (Indian Economy) 2. Sunil Mehta Committee is related to a) To prepare a blueprint for doubling farmers' income by 2022. b) Drafting New Direct Tax Legislation c) Examine the setting up of an Asset Reconstruction Company (ARC) for faster resolution of stressed assets. d) Resolving raising fuel prices in India. 3. Which of the following factors can lead to Demand-pull inflation? 1. Strong consumer demand 2. Increase in money supply 3. When prices go up 4. Technological innovation a) 1,2,3 b) 1, 2,4 c) 1, 3, 4 d) 1, 2, 3, 4


  5. Daily Mock Test (Indian Economy) 4. A country can reduce its current account detficit by 1. Improving domestic companies' global competitiveness 2. Decreasing the value of its exports relative to the value of imports 3. Placing restrictions on imports, such as tariffs or quotas ) 1,2 b)2, 3 c) 1,3 d) 1,2, 3


  6. Daily Mock Test (Indian Economy) 5. Consider the following statements about Inflation Indexed Bond (IIB) 1. It is a bond issued by the Government and the Corporate sector 2. There are no special tax concessions for these bonds. 3. They are eligible to be kept as part of Statutory Liquidity Ratio requirements of banks Which of the above statements is/are correct? a) 1,2 b) 2, 3 c)1,3 d)1,2,3


  7. Daily Mock Test (Indian Economy) 6. Consider the following statements about Peer to peer (P2P) lending. 1. It is a form of crowd funding used to raise unsecured loans which are re-paid with interest. Only individuals can borrow money. 3. RBI enabled P2P entities as Non-Banking Financial Company (NBFC) 4. Minimum networth requirement for these platforms is kept at Rs. 5 Cr. Which of the above statements is/are incorrect? a) 1, 2 b) 1, 2,3 c) 2,4 d) 2,3, 4 2.


  8. Daily Mock Test (Indian Economy) 7. Under Statutory Liquidity Ratio (SLR) all Scheduled Commercial Banks in India must maintain an amount in which of the following forms? 1. Cash 2. Gold 3. Treasury-Bills of the Government of India 4. Corporate Bonds 5. State Development Loans (SDLs) a) 1, 2, 3 b) 1, 2, 3, 5 c) 1, 2,5 d) 1, 2,3, 4,5


  9. Daily Mock Test (Indian Economy) 8. Buoyancy of tax refers to: a) Relationship between the changes in government's tax revenue growth and the b) Relationship between the changes in government's tax revenue growth and the c) Relationship between the changes in government's tax revenue growth and the d) Relationship between the changes in government's tax revenue growth and the changes in Inflation. changes in GDP changes in Investment. changes in demand.


  10. Daily Mock Test (Indian Economy) Which of the following developments may not likely reduce the fiscal deficit? 1. Increasing Foreign Direct Investment (FDI) 2. Providing budgetary support to public sector enterprises 3. Waiving off farm loans. 4. Austerity measures should be adopted a) 1, 4 b) 2, 3 c) 2, 3, 4 d) 1, 2,3


  11. Daily Mock Test (Indian Economy) 7. b) 1, 2,3,5 Relationship between the changes in government's tax revenue growth and the changes in GDP. 8. 9. b) 2,3