2056: Consider the following statements:

1. The maximum limit of shareholding of Indian promoters in private sector banks in India is 49 per cent of the paid up capital.

2. Foreign Direct Investment up to 49 per cent from all sources is permitted in private sector banks in India under the automatic route.

Which to these statements is/are correct?

(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) Neither 1 nor 2
2057: Phenylketonuria is an example of an in born error of metabolism. This error refers to

(a) hormonal overproduction

(b) atrophy of endocrine glands

(c) inherited lack of an enzyme

(d) non-disjunction
2058: What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI?

1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances.
2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks.

Select the correct answer using the code given below.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
2059: Consider the following statements:

1. MMTC Limited is India's largest international trading organization.

2. Neelachal Ispat Nigam Limited has been set up by MMTC jointly with the Government of Orissa.

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
2060: Total internal reflection occurs when light travels from:

(a) A rarer medium to a denser medium

(b) A denser medium to a rarer medium

(c) A rarer medium to a denser medium and the angle of incidence is less than the critical angle

(d) A rarer medium to a denser medium and the angle of incidence is greater than the critical angle