711: 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
712: In the context of bilateral trade negotiations between India and European Union, what is the difference between European Commission and European Council ?
1. European Commission represents the EU in trade negotiations whereas European Council participates in the legislation of matters pertaining to economic policies of the European Union.
2. European Commission comprises the Heads of State or government of member countries whereas the European Council comprises of the persons nominated by European Parliament.
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
713: Which one of the following is a historical work by Hemachandra?
(a) Dvasraya-kavya
(b) Prabandhachintamani
(c) Kamatakabhasabhushana
(d) Samaranganasutradhara
714: Which one of the following can be prorogued but cannot be dissolved ?
(a) Rajya Sabha
(b) State Council
(c) Municipal Corporation
(d) Governing Council in a Union Territory
715: In how many ways can four children be made to stand in a line such that two of them, A and B are always together ?
(A) 12
(B) 6
(C) 18
(D) 24