Question : Which of the following is not a function of Central Bank?
Option 1: It controls the money supply in the economy through different rates.
Option 2: It acts as a banker to the government.
Option 3: It accepts deposits and give loans to people.
Option 4: It issues the currency of the country.
Correct Answer: It accepts deposits and give loans to people.
Solution : Central Bank does not accepts deposits and give loans to people. It is a function of commercial banks.
Question : Under a flexible exchange rate, when the price of domestic currency in terms of foreign currency increases, it is called_______
Option 1: Depreciation of domestic currency
Option 2: Appreciation of domestic currency
Option 3: Devaluation of domestic currency
Option 4: Revaluation of domestic currency
Question : The Great Leap Forward (GLF) campaign took place in ________
Option 1: 1948
Option 2: 1938
Option 3: 1958
Option 4: 1942
Question :
Identify the function performed by SEBI.
"It controls insider trading, and takeover bids and imposes penalties for such practices."
Option 1: Protective functions
Option 2: Regulatory functions
Option 3: Developmental functions
Option 4: Preventive functions
Question : Article 112 deals with:
Option 1: Consolidated Fund of India
Option 2: Public Account
Option 3: Union Budget
Option 4: Contingency Fund
Identify the correct sequence of the Selection process :
(A) Selection decision
(B). Employment interview
(C) Selection tests
(D) Reference checking
Choose the correct answer from the options given below:
Option 1: (A), (B), (C), (D)
Option 2: (A), (C), (B), (D)
Option 3: (B), (A), (D), (C)
Option 4: (C), (B), (D), (A)
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