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SSC CPO Economy Quiz 7

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SSC CPO Economy Quiz 7

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Economy is a very important subject for Railway Recruitment exams and UPSC Exams. All these questions are easily understandable format. SSC CPO Economy Quiz 7 is very useful to crack several competetive exams. Candidates can check the daily updates on SSC Official Website.

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1. The common international poverty line is based on an income of around___?
    A. $1.00 per day at the 2004 purchasing power parity B. $1.25 per day at the 2005 purchasing power parity C. $1.25 per day at the 2007 purchasing power parity D. $1.25 per day at the 2008 purchasing power parity

Answer: Option B
2. ” Income generated from Tourism” can be placed in which among the following?
    A. Invisible Import B. Invisible Export C. Visible Import D. Visible Export

Answer: Option B
3. Who among the follwoing is known to have mooted the idea of Food Coupons?
    A. C Rangrajan B. V Subbarao C. Nandan Nilkeni D. Kaushik Basu

Answer: Option D
4. A village in the plain area of India comes under the Pradhan Mantri Gram Sadak Yojna , if its population is more than ___?
    A. 500 B. 1000 C. 1500 D. 2000

Answer: Option A
5. The Financial Sector Assessment Program (FSAP) is a comprehensive and in-depth analysis of a country’s financial sector. This programme is conducted b
    A. Zoroastrians B. Christians C. Jews D. Muslims

Answer: Option A
6. The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called?
    A. FDI B. Portfolio Investment C. NRI Investment D. Foreign Indirect Investment

Answer: Option D
7. The Mahatma Gandhi National Rural Employment Guarantee Act mandates at least what fraction of the beneficiaries to be women?
    A. 25% B. 30% C. 40% D. 50%

Answer: Option B
8. In which year India ratified UNESCO Convention, 1972?
    A. 2001 B. 2002 C. 2003 D. 2004

Answer: Option A
9. Bonds issued by NABARD have the following risk weight assigned to them?
    A. 0% B. 2.5% C. 15% D. 25%

Answer: Option B
10. After recommendations of which of the following committees, Universal Banking got properly conceptualized in India?
    A. Padmanabhan Committee B. R H Khan Committee C. First Narsimham Committee D. Second Narsimham Committee

Answer: Option B
11. After recommendations of which of the following committees, Universal Banking got properly conceptualized in India? A. Balance Sheet B. Income Statement C. Profit and Loss Statement D. Fund Flow Statement
Answer: Option A
12. ICAAP or Internal Capital Adequacy Assessment Process is the result of which of the following pillars of Basel II accords?
    A. Pillar 1 B. Pillar II C. Pillar III D. None of them

Answer: Option B
13. The term “Golden Revolution” is most closely related to which of the following missions?
    A. National Solar Mission B. National Horticulture Mission C. National Mission on Clean Coal Technologies D. National Bamboo Mission

Answer: Option B
14. Which among the following was the first Government Company to be privatized in India?
    A. Hotel Corporation of India B. Rashtriya Chemicals & Fertilizers Ltd C. Maruti Udyog Limited D. Modern Foods Industries Limited

Answer: Option C
15. In context with the Capital Adequacy Ratio of 9%, if a bank has lent Rs. 100, the Bank must have a capital base of at least which among the following
    A. Rs. 90 B. Rs. 109 C. Rs. 91 D. Rs. 9

Answer: Option D

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