Economy This Week 3rd to 9th June 2019 BL – Business Line; TH – The Hindu; BS – Business Standard IE – India Express; LM - Livemint
CPI and IIP Series to be upgraded (BL 6/6/19)
CPI IIP Rural Urban Combined Food and beverages 54.18 36.29 45.86 Pan, tobacco and intoxicants 3.26 1.36 2.38 Clothing and footwear 7.36 5.57 6.53 Housing N C 21.67 10.07 Fuel and light 7.94 5.58 6.84 Miscellaneous 27.26 29.53 28.32
Question Arrange the following groups in the descending order of their weightage in IIP Electricity Manufactured items Mining Choose the correct option 1-2-3 2-3-1 3-2-1 1-3-2
MPC (TH 7/6/19)
Question Which of the following steps are used for contractionary monetary policy? 1. Increasing Cash Reserve Ratio 2. Increasing Repo Rate 3. Decreasing Statutory Liquidity Ratio Select the correct answer using the codes given below (a) Only 1 and 3 (b) Only 1 and 2 (c) Only 2 and 3 (d) Only 3
Question Consider the following statements NEFT and RTGS provide for real time settlement payment system There is no minimum value requirement for transfer of funds under NEFT and RTGS Choose the correct option Only 1 is true Both are true Both are false
Solar Imports BL 5/6/19
Question Consider the following statements Imposition of anti-dumping and safeguard duties are recommended by Director General of Safeguards The anti-dumping and safeguard duties are imposed by the finance ministry Choose the correct option Only 1 is true Both are true Both are false
Exports & Incentives (BL 4/6/19)
Question Consider the following statements Interest Subvention Scheme has been renamed as Interest Equalization Scheme The above scheme is applicable for a period of five years (from 2015-2020) Choose the correct option Only 1 is true Both are true Both are false
Cess & Surcharge (BL 5/6/19)
Question Consider the following statements The surcharge and cesses are deposited into the consolidated fund of India The centre must distributes these tax revenues amongst the states Choose the correct option Only 1 is true Both are true Both are false