2886: Why is the offering of "teaser loans" by commercial banks a cause Of economic concern ?
1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.
2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units.
Which of the statements given above is/ are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
2887: The fundamental objective of Panchayati Raj system is to ensure which among the following?
1. People's participation in development
2. Political accountability
3. Democratic decentralization
4. Financial mobilization
Select the correct answer using the code given below.
(a) 1, 2 and 3 only
(b) 2 and 4 only
(c) 1 and 3 only
(d) 1, 2, 3 and 4
2888: To a person on the moon, the sky appears:
(a) White
(b) Black
(c) Blue
(d) Orange
2889: In the context of polity, which one of the following would you accept as the most appropriate definition of liberty?
(a) Protection against the tyranny of political rulers
(b) Absence of restraint
(c) Opportunity to do whatever one likes
(d) Opportunity to develop oneself fully
2890: Consider the following tasks:
1. Superintendence, direction and conduct of free and fair elections.
2. Preparation of electoral rolls for all elections to the Parliament, State Legislatures and the Office of the President and the Vice-President.
3. Giving recognition to political parties and allotting election symbols to political parties and individuals contesting the election.
4. Proclamation of final verdict in the case of election disputes.
Which of the above are the functions of the Election Commission of India?
(a) 1, 2 and 3
(b) 2, 3 and 4
(c) 1 and 3
(d) 1, 2 and 4