Indian army has published the notification for SSC Tech 56 men and SSC Tech 27 women for the course commencing at OTA Chennai from April 2021
With reference to “Urban Cooperative Banks" in India, consider the following statements :
1. They are supervised and regulated by local boards set up by the State Governments.
2. They can issue equity shares and preference shares.
3. They were brought under the purview of the Banking Regulation Act, 1949 through an Amendment in 1966
Which of the statements given above is/are correct?
1 only
2 and 3 only
1 and 3 only
1. 2 and 3 only
Indian Government Bond Yields are influenced by which of the following?
1. Actions of the United States Federal Reserve
2. Actions of the Reserve Bank of India
3. Inflation and short-term interest rates
Select the correct answer using the code given below.
1 and 2 only
2 only
3 only
1, 2 and 3
Consider the following :
1. Foreign currency convertible bonds
2. Foreign institutional investment with certain conditions
3. Global depository receipts
4. Non-resident external deposits
Which of the above can be included in Foreign Direct Investments?
2 and 4
1 and 4
Consider the following statements :
The effect of devaluation of a currency is that it necessarily
1. improves the competitiveness of the domestic exports in the foreign markets
2. increase the foreign value of domestic currency
3. improves the trade balance
Which of the above statements is/are correct?
1 and 2
2 and 3
Which one of the following is likely to be the most inflationary in its effect?
Repayment of public debt
Borrowing from the public to finance a budget deficit
Borrowing from banks to finance a budget deficit
Creating new money to finance a budget deficit