1976: Consider the following statements regarding Reserve Bank of India :

I. It is a banker to the Central Government.

II. It formulates and administers monetary policy.

III. It acts as an agent of the Government in respect of India's membership of IMF.

IV. It handles the borrowing programme of Government of India.

Which of these statements are correct ?

(a) I and II
(b) II, III and IV
(c) I, II, III and IV
(d) III and IV
1977: Among the following cities, which one is nearest to the Tropic of Cancer?

(a) Delhi
(b) Kolkata
(c) Jodhpur
(d) Nagpur
1978: In the constitution of India, promotionof international peace and security is included in the

(a) Preamble to the Constitution
(b) Directive Principles of State Policy
(c) Fundamental Duties
(d) Ninth Schedule
1979: A person with AB blood group is sometimes called a universal recipient because of the

(a) lack of antigen in his blood

(b) lack of antibodies in his blood

(c) lack of both antigens and antibodies in his blood

(d) presence of antibodies in his blood
1980: A country is said to be in debt trap if

(a) it has to abide by the conditionalities imposed by the International Monetary Fund

(b) it has to borrow to make interest payments to on outstanding loans


(c) it has been refused loans or aid by creditors abroad

(d) the World Bank charges a very high rate of interest on outstanding as well as new loans