60days planner – Day 22

Welcome to your 60days planner - Day 22

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1.Consider the following statements with reference to Broad Money, most commonly used measure of money supply:



  1. Currency held by the public.

  2. Demand deposits of the public held by commercial banks.

  3. Interbank demand deposits held by commercial banks.


Which of the above statements is/are part of broad money?

2. Consider the following statements regarding Regional Rural Banking.



  1. Contribution to the share capital of the RRBs by the ‘sponsored bank’ is 50%.

  2. The RRBs are also come under the ambit of priority sector lending.


Which of the above statements is/are correct?

3. Consider the following statements regarding recently launched MUDRA bank.



  1. In lending, MUDRA bank focuses on enterprises set up by the under-privileged sections of the society.

  2. MUDRA is setup as a refinance institution.

  3. Regulation of micro finance institutions (MFIs) is not the mandate of MUDRA bank


Which of the above statements is/are correct?

4. Consider the following statements regarding “small finance banks”.



  1. Minimum paid-up capital requirement for setting up small finance bank is Rs.100 crores.

  2. Foreign shareholding in small finance bank is not allowed.

  3. The small finance banks will be required to extend 75 per cent of its net credit to the priority sector lending (PSL).


Which of the above statements is/are correct?

5. Consider the following statements Darbha grass:



  1. It is a tropical grass which is considered a sacred material in Vedic scriptures and is said to purify the offerings during such rituals.

  2. It has been identified as an eco-friendly food preservative.

  3. It also acts as disinfectant


Which of the above statements is/are correct?

6. Consider the following statements about Global Alliance for Clean Cook stoves:



  1. It is a public-private partnership hosted by the UN Foundation

  2. Alliance’s focus countries are all located in Asia and Africa


Which of the above statements is/are correct?

7. Consider the following statements about Starlink Constellation recently in news:



  1. It is a proposed constellation of approximately 882 satellites World Satellites and Samsung

  2. It is expected to provide global Internet broadband service


Which of the above statements is/are correct?

8. Consider the following statements with reference to LOU & Nostro A/c in news recently:



  1. Letter of undertaking (LOU) are used by a bank’s customer to avail short-term credit in a foreign country

  2. Nostro account refers to an account that a bank holds in a foreign currency in another bank


Which of the above statements is/are correct?

9. Consider the following statements about Bengal Florican:



  1. It is found only in India & Cambodia

  2. It is listed as Critically Endangered on the IUCN Red


Which of the above statements is/are correct?

10. Consider the following statements about SARAS:



  1. It is India’s indigenous light transport aircraft

  2. It is designed and developed by the CSIR-National Aerospace Laboratories

  3. It will only be used for military purposes


Which of the above statements is/are correct?