546: Which of the following constitute Capital Account?

1. Foreign Loans

2. Foreign Direct Investment

3. Private Remittances

4. Portfolio Investment

Select the correct answer using the codes given below.

(a) 1, 2 and 3
(b) 2, 3 and 4
(c) 1, 3 and 4
(d) 1, 2 and 4
Explanation:
The capital account includes:

Foreign direct investment (FDI),

Portfolio,

Other investments and

Changes in the reserve account.

Private Remittances are included in current account
547: In India diamonds are quarried from

(a) Golconda

(b) Jaipur

(c) Ratnagiri

(d) Panna
548: The Service Area Approach was implemented under the purview of

(a) Integrated Rural Development Programme

(b) Lead Bank Scheme

(c) Mahatma Gandhi National Rural Employment Guarantee Scheme

(d) National Skill Development Mission
Explanation:
Under the Lead bank Scheme, the service area approach was introduced in 1989 for planned and orderly development of rural and semi-urban areas. Each bank branch in rural and semi-urban area was designated to serve an area if 15 to 25 villages and the branch was responsible for meeting the needs of bank credit of its service area.

Source: RBI Website https://rbi.org.in/scripts/BS_ViewMasCirculardetails.aspx?id=9853
549: The chemical name of 'Aspirin' is:

(a) Acetyl cynamide

(b) Acetyl salicylic acid

(c) Benzyl salicylate

(d) Tartaric acid
550: The phenomenon of mirage is due to:

(a) Increased absorption of light by air at higher temperature

(b) Change in the refractive index of air with the change in temperature

(c) Total internal reflection

(d) Decreased absorption of light by air at higher temperature