Welcome to your 5th July MCQ
Q1. With reference to the external debt, consider the following statements:
1. According to RBI India’s external debt rose to $620.7 billion at end-March 2022, recording an increase of $47.1 billion over the year earlier period.
2. The external debt to GDP ratio declined to 19.9% at end-March 2022, from 21.2% a year earlier.
Which of the statements given above is/are correct?Deselect Answer
Q2. Business Reform Action Plan (BRAP)- 2020, recently seen in news, is published by:
Q3. Consider the following statements regarding Rare Earth Minerals.
1. The magnets made from rare earths are more powerful than conventional ones.
2. India holds 2nd largest reserves after China.
3. Theyare called’rare earth’ because earlier it was difficult to extract them from their oxides forms technologically.
Which of the above statements is/are correct?Deselect Answer
Q4. With reference to the Fugitive Economic Offender (FEO), consider the following statements:
1. An FEO is defined by The Fugitive Economic Offenders (FEO) Act, 2018.
2. The Act aims to provide for measures to deter fugitive economic offenders from evading the process of law in India by staying outside the jurisdiction of Indian courts.
Which of the statements given above is/are correct?Deselect Answer
Q5. The Department of Financial Services (DFS) oversees several key programs/initiatives. It provides policy support to
1. Public Sector banks (PSBs)
2. Public Sector Insurance Companies (PSICs)
3. Development Financial Institutions (DFIs)
Select the correct answer code:Deselect Answer
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