306: 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
307: Mixed farming means:
(a) Growing two crops at one time
(b) Growing different crops in succession
(c) Using different soils
(d) Agriculture involving crops and livestock
308: The water in an open pond remains cool even in hot summer because:
(a) Of continuous evaporation of water
(b) Water radiates heat more rapidly than the atmosphere
(c) Water absorbs heat less rapidly than the atmosphere
(d) Water absorbs heat more rapidly than the atmosphere
309: WiMAX is related to which one of the following?
(a) Missile technology
(b) Communication technology
(c) Space technology
(d) Biotechnology
Explanation:
WiMAX, meaning Worldwide Interoperability for Microwave Access, is a telecommunications technology that provides wireless transmission of data using a variety of transmission modes, from point-to-multipoint links to portable and fully mobile[citation needed] internet access. The technology provides up to 3 Mbit/s broadband speed without the need for cables. The technology is based on the IEEE 802. 16 standard (also called Broadband Wireless Access). The name "WiMAX" was created by the WiMAX Forum, which was formed in June 2001 to promote conformity and interoperability of the standard. The forum describes WiMAX as "a standards-based technology enabling the delivery of last mile wireless broadband access as an alternative to cable and DSL".
310: The sum of which of the following constitutes Broad Money in India ?
I. Currency with the Public
II. Demand deposits with banks
III. Time deposits with banks
IV. Other deposits with RBI
Choose the correct answer using the codes given below :
(a) I and II
(b) I, II and III
(c) I, II, III and IV
(d) I, II and IV