2711: 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
2712: Lineage is:
(a) A straight line joining any two points on the globe
(b) The line of descendants of a particular ancestor
(c) The paleolithic age
(d) The linking of genes
2713: When a bill is referred to a joint sitting of both the Houses of the Parliament, it has to be passed by
(a) a simple majority of members present and voting
(b) three-fourths majority of members present and voting
(c) two-thirds majority of the Houses
(d) absolute majority of the Houses
2714: Consider the following statements :
1. India launched its first full-fledged meteorological satellite (METSAT) in September 2002.
2. For the first time, the space vehicle PSLV- C4 carried a payload of more than 1000 kg into a geosynchronous orbit.
Which of these statements is/are correct?
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2
2715: Consider the following
1. Fringe Benefit Tax
2. Interest Tax
3. Securities Transaction Tax
Which of the above is/are Direct Tax/Taxes?
(a) 1 only
(b) 2 & 3
(c) 1 & 3
(d) 1, 2, 3