Other

Question 1

Index of Industrial Production (IIP)

Answer 1

• The IIP is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to chosen base period.
• It is compiled and published monthly by the Central Statistical Organization (CSO), Ministry of Statistics and Programme Implementation. Hence, Statement 1 is NOT correct. The CSO had revised the base year of the IIP from 2004-05 to 2011-12 in May 2017 to capture structural changes in the economy. Additional Information
• The eight core sector industries represent about 40% of the weight of items that are included in the IIP.
• The eight core industries in decreasing order of their weightage: Refinery Products > Electricity> Steel> Coal> Crude Oil> Natural Gas> Cement> Fertilizers.
• It covers 407 item groups included into 3 categories viz. Manufacturing, Mining and Electricity.

Question 2

Under the Weaker Sector Guidelines of PSL Targets, the foreign banks with less than____________
branches do not have to comply with the sub-target.

Answer 2

20

Question 3

Which one of the following are the intermediaries recognised by SEBI??

Answer 3

a) Stock Brokers
b) Banker to an Issue
c) Credit Rating Agency
d) Debenture Trustee
e) Depository Participants
f) Merchant Bankers

Question 4

As per IRDAI, which among the following is a criteria used to identify the Domestic Systemically
Important Insurers?

Answer 4

1. Size,
2. Market importance
3. domestic and global interconnectedness

Question 5

How many States have a Legislative assembly as well as a Legislative Council?

Answer 5

6
Andhra Pradesh, Telangana, Karnataka, Maharashtra, Bihar, and Uttar Pradesh

Question 6

What is the base year for RBI DPI?

Answer 6

March 2018

Question 7

Payments Infrastructure Development
Fund (PIDF)

Answer 7

-Reserve Bank of India (RBI) has announced the creation of a Rs. 500-crore Payments Infrastructure Development Fund (PIDF).
- in tier-3 to tier-6 centres

Question 8

Participants in Trade Receivables Discounting System (TREDS)

Answer 8

Apart from MSME sellers, buyers and financiers, insurance companies are permitted to
participate as “fourth participant” in TReDS.

Question 9

Hedging is a strategy that tries to limit risks in financial assets. It uses financial instruments or
market strategies to offset the ___________ risk of any adverse price movements.

Answer 9

Measurable

Question 10

. Beti Bachao Beti Padhao scheme was launched to control __________.

Answer 10

Declining Child Sex ratio

Question 11

DAY-NRLM, Ministry of Rural Development (MoRD) has launched which of the following platforms
to market the products made by women of SHGs?

Answer 11

eSARAS

Question 12

The Legal Entity Identifier (LEI) is a 20-character alpha-numeric code used to uniquely identify
parties to financial transactions worldwide. LEI is applicable to transactions undertaken through the
NEFT and RTGS payment systems above ___________.

Answer 12

Rs 50 crore

Question 13

Which of the following is a part of India Stack?

Answer 13

Aadhaar, UPI, eKYC, and DigiLocker
a) Digital Locker
b) UPI
c) eSign

Question 14

For NBFC-MFIs registered in the North Eastern Region of the country, the minimum NOF
requirement shall stand at_________________.

Answer 14

2 crore

Question 15

Wholesale Price Index

Question 16

Where is the Climate Clock located?

Answer 16

New York

Question 17

. Petaflops are equal to____________.

Answer 17

10^15 flops

Question 18

Which among the following Countries is among the top 3 gold producing countries in the world?

Answer 18

China, Australia and USA

Question 19

How many digits are there in the ISIN as per SEBI?

Answer 19

ISIN (International Securities Identification Number) is a unique 12 digit alpha-numeric identification number allotted for a security

Question 20

Transition Bonds, Sustainable Bonds, etc.

Answer 20

These bonds require the issuer to commit to shifting to more sustainable business practices. Transition bonds do not require the project or the issuer to be classified as “green” but the issuer is required to use the proceeds for climate transition- related activities.
– They are distinct from green bonds where the proceeds are earmarked for a specific project or are focused on the profile of the issuer

Question 21

The highest surcharge rate in personal income tax has been reduced from _____________ to 25%
in the new tax regime for income above 2 crore”?

Answer 21

37%

Question 22

Basic Statistical Returns

Answer 22

What is BSR (Basic Statistical Return) Code? The Basic Statistical Return (BSR) system, introduced by the Reserve Bank of India in December 1972, is a 7-digit code that helps banks keep a record of every digital payment made towards tax filings. All registered banks in India are provided with a BSR code
-. Basic Statistical Returns introduced by RBI has recently completed ___________ years.
Answer: 50 years

Question 23

After crossing upper tolerance limit __________ for ____________ RBI informs Central
Government

Answer 23

6% and 3 quarters

Question 24

Sum of all exposure value of an NBFC-UL to single counterparty should not exceed ________ of
its capital base

Answer 24

20%

Question 25

Risk associated with deployment of forex reserve by RBI

Answer 25

Market or Currency

Question 26

As per RBI Guidelines minimum NOF (Net owned Funds) for Housing companies

Answer 26

: 25 crores

Question 27

Top 3 FDI Countries