Indian Economy MCQ Questions and answers-

1.Which of the following schemes have been subsumed in the recently approved Ayushman Bharat – National Health Protection Mission (AB-NHPM)?
Veiw Answer
Answer: [ 1 & 2 ]
Notes:
Ayushman Bharat -National Health Protection Mission (AB-NHPM) is a centrally sponsored scheme under Ayushman Bharat

2. Which of the following is used to denote broad money?
Veiw Answer
Answer: [M3]
Notes:
Narrow Money M1 = Currency with the public + Demand Deposits of public in Banks When a third component viz. Post office

3.Which among the following is NOT a subsidiary of RBI?
Veiw Answer
Answer: [SIDBI ]
Notes:
RBI has four subsidiaries viz. Deposit Insurance and Credit Guarantee Corporation, DICGC; National Housing Bank; Bha

4. Which among the following is a qualitative tool of monetary policy?
Veiw Answer
Answer: [Credit rationing ]
Notes:
The quantitative instruments are Open Market Operations, Liquidity Adjustment Facility (Repo and Reverse

5.Which among the following is NOT a pillar of Basel III?
Veiw Answer
Answer: [Consolidation of assets ]
Notes:
The Basel III framework is based on 3 components called 3 pillars, which include: Pillar 1 : Minim

6. Inflation Indexed Bonds is pegged to ___?
Veiw Answer
Answer: [WPI]

7.Which of the following best defines a floating-rate bond?
Veiw Answer
Answer: [A bond with a fixed interest rate and has lower yield than varying interest rate bond]
Notes:
Floating rate bonds have variable int