1206: Fiscal deficit in the Union Budget means
(a)the sum of budgetary deficit and net increase in internal and external borrowings
(b) the difference between current expenditure and current revenue
(c) the sum of monetized deficit and budgetary deficit
(d) net increase in Union Government's borrowing from the Reserve Bank of India
1207: Which one of the following was NOT proposed by the 73rd Constitutional Amendment in the area of Panchayati Raj?
(a) Thirty percent seats in all elected rural local bodies will be reserved for women candidates at all levels
(b) The States will constitute their Finance Commissions to allocate resources to Panchayati Raj Institutions
(c) The Panchayati Raj elected functionaries will be disqualified to hold their offices if they have more than two children
(d) The elections will be held in six months time if Panchayati Raj bodies are superceded or dissolved by the State government
1208: Which one of the following countries of South-West Asia does not open out to the Mediterranean Sea?
(a) Syria
(b) Jordan
(c) Lebanon
(d) lsrael
1209: Which of the following best describes the term import cover, sometimes seen in the news?
(a) It is the ratio of value of imports to the Gross Domestic Product of a country
(b) It is the total value of imports of a country in a year
(c) It is the ratio between the value of exports and that of imports between two countries
(d) It is the number of months of imports that could be paid for by a countrys international reserves
1210: The Reserve Bank of India regulates the commercial banks in matters of
1. liquidity of assets
2. branch expansion
3. merger of banks
4. winding-up of banks
Select the correct answer using the codes given below.
(a) 1, 2 and 3 only
(b) 1 and 4 only
(c) 2, 3 and 4 only
(d) 1, 2, 3 and 4