1086: In the context of Indian economy, which of the following is/are the purpose/purposes of `Statutory Reserve Requirements?
1. To enable the Central Bank to control the amount of advances the banks can create
2. To make the peoples deposits with banks safe and liquid.
3. To prevent the commercial banks from making excessive profits.
4. To force the banks to have sufficient vault cash to meet their day-to-day requirements
Select the correct answer using the code given below.
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2, 3 and 4
1087: From the third century AD when the Hun invasion ended the Roman Empire, the Indian merchants relied more and more on the
(a) African trade
(b) West-European trade
(c) South-East Asian trade
(d) Middle-Eastern trade
1088: Which one of the following is not a feature of Limited Liability Partnership firm?
(a) Partners should be less than 20
(b) Partnership and management need not be separate
(c) Internal governance may be decided by mutual agreement among partners
(d) It is corporate body with perpetual succession
1089: The Global Infrastructure Facility is a/an
(a) ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank.
(b) World Bank collaboration that facilitates the preparation and structuring of complex infrastructure Public-Private Partnerships (PPPs) to enable mobilization of private sector and institutional investor capital.
(c) Collaboration among the major banks of the world working with the OECD and focused on expanding the set of infrastructure projects that have the potential to mobilize private investment.
(d) UNCTAD funded initiative that seeks to finance and facilitate infrastructure development in the world.
1090: Fertility of soil can be improved by:
(a) Removing dead earthworms
(b) Adding dead earthworms
(c) Adding living earthworms
(d) Removing living earthworms and adding dead earthworms