2096: Devaluation of a currency means
(a) reduction in the value of a currency vis-a-vis major internationally traded currencies
(b) permitting the currency to seek its worth in the international market
(c) fixing the value of the currency in conjunction with the movement in the value of a basket of predetermined currencies
(d) fixing the value of a currency in multilateral consultation with the IMF, the World Bank and major trading partners
2097: In 2003, Alison Richard took over as the first-ever woman Vice-Chancellor of:
(a) Oxford University
(b) Cambridge University
(c) Harvard University
(d) Purdue University
2098: Who among the following served as the Chief Economist of the International Monetary Fund ?
(a) Saumitra Chaudhuri
(b) Ashok Lahiri
(c) Raghuram Rajan
(d) Sumantra Ghoshal
2099: Why is it easier to cook in a pressure cooker?
(a) High pressure creates turbulence
(b) More steam is formed inside the cooker
(c) Boiling point of water is raised
(d) Boiling point of water is lowered
2100: Antigen is a substance which
(a) lowers body temperature
(b) destroys harmful bacteria
(c) triggers the immune system
(d) is used as an antidote to poison