Tag: insights on lpg

Questions Related to insights on lpg

Which of the following sector(s) make(s) maximum contribution to the national income of India?

history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

  1. Services

  2. Agriculture

  3. Industry

  4. Both Agriculture and Industry

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Correct Option: A

Which of the following would result in a fall in asset prices?

history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

  1. Low liquidity in the economy

  2. High liquidity in the economy

  3. RBI increasing the Reverse Repo Rates

  4. RBI allowing more banks to play

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Correct Option: A

The full form for BIFR, in the context of the Indian Industry is _________.

history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

  1. Board for Investment and Financial Redevelopment

  2. Bureau for Industrial and Financial Revolution

  3. Board for Investment and Formal Reconstruction

  4. Board for Industrial and Financial Reconstruction

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Correct Option: D
Explanation:

Board for Industrial and Financial Reconstruction (BIFR): BIFR was established under the Sick Industrial Companies (Special Pro-visions) Act 1985 (SICA). It is an agency of Government of India, part of the Department of Financial services of the Ministry of Finance. Its objective is to determine sickness of industrial companies and to assist in reviewing those that may be viable and shutting down the others.

Union Budget, which is presented every year in the parliament, is also known as the ________.

history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

  1. general budget

  2. common budget

  3. annual budget

  4. finance report of the year

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Correct Option: A

The financial results of banks and other organisations normally are expressed in quarters. What does Q-1 mean?

history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

  1. Results of January-March

  2. Performance during April-June

  3. Profits during July-September

  4. The period when the profits are highest

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Correct Option: B
Explanation:

First Quarter $(Q _1)$ : April-June
Second Quarter $(Q _2)$ : July-September
Third Quarter $(Q _3)$ : October-December
Fourth Quarter $(Q _4)$ : January-March

Which of the following does POSCO manufacture?

history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

  1. Cement

  2. Pharma products

  3. Steel

  4. Textiles

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Correct Option: C
Explanation:

POSCO (formerly Pohang Iron and Steel Company) is a multinational steel-making company headquartered in Pohang, South Korea. 

The Finance Minister of India in one of his press conferences said that inflationary pressure is likely to continue following recent increase in rates of some commodities in international markets. Which of the following commodities was he referring to as it gets frequent increase at international levels and disturbs our Home Economy substantially?

history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

  1. Gold and Silver

  2. Petroleum products

  3. Tea and Coffee

  4. Sugar

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Correct Option: B

Distribution of insurance products and insurance policies by banks as corporate agents is known as _________.

history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

  1. general Insurance

  2. non-life insurance

  3. bancassurance

  4. insurance banking

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Correct Option: C

POSCO is in the process of establishing its plants in India. What does the letter 'P' denote in the name POSCO?

history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

  1. Popular

  2. Pallin

  3. Pohang

  4. Paradeep

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Correct Option: C

Expand the term CCEA as used in administrative circle.

history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

  1. Cabinet Committee on External Affairs

  2. Cabinet Committee on Economic Affairs

  3. Cabinet Council on External Affairs

  4. Cabinet Council on Economic Affairs

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Correct Option: D