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General Studies Free Quiz- Test Paper No.3:

Evaluate Yourself:

  1. Devaluation of a currency means
    1. Reduction in the value of a currency vis-a-vis major internationally traded currencies
    2. Permitting the currency to seek its worth in the international market
    3. Fixing the value of the currency in conjunction with the movement in the value of a basket of predetermined currencies
    4. Fixing the value of currency in multilateral consultation with the IMF, branch the World Bank and major trading partners
  2. Central Statistical Organisation (CSO) under the Ministry of statistics and program implementation include:
    1. WPI (Wholesale price index)
    2. CPI (Consumer price index)
    3. IIP (Index of Industrial production)
    4. Both (b) and (c)
  3. Land reform programmes in India include
    1. Tenancy reforms
    2. Consolidation of land holdings
    3. Elimination of intermediaries
    4. Computerisation of land records
  4. Which among the following are aimed at enhancing agricultural growth in India?
    1. National Policy for Farmers
    2. Kisan Credit Card
    3. Bharat Nirman
    4. MGNREGA
    5. Contract farming
    6. Watershed Development
    7. Nutrient based fertilizer subsidy
    Which of the mentioned above is/ are correct?
    1. 1, 2, 6 and 7
    2. 1, 2, 5, 6 and 7
    3. 1, 2, 3, 5, 6 and 7
    4. All of these
  5. Consider the following statements in context of Reserve Bank of India:
    1. Fixing Rupee Exchange Rate
    2. Custodian of Foreign Reserves
    3. Acting as National Clearing House
    4. Control NBFCs
    Which of the above mentioned statement(s) is/are the function(s) of RBI?
    1. Only 1 and 2
    2. Only 1,2 and 3
    3. Only 2,3 and 4
    4. 1,2,3, and 4

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