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Economy This Week 28th Jan to 3rd Feb 2019
BL – Business Line; TH – The Hindu; BS – Business Standard IE – India Express; LM - Livemint
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China, US & WTO (IE 29/1/19)
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BBY (BS 29/1/19)
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PCA (BL 30/1/19) PCA (TH 1/2/19)
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CSR (BS 30/1/19)
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SC and IBC (TH 29/1/19)
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Question 1 Which of the following publishes Corruption of Perceptions Index (CPI) IMF World Bank World Trade Organization Transparency International
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Question 2 Which of the following methods is best suited to take care of the issue of fake receipts which is plaguing the GST revenue collection in the recent months e-Way bill system Receipt matching System Composition scheme None of the above
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Question 3 Consider the following statements about NSC (National Statistical Commission) It is a constitutional body It has been set up as a result of recommendation of Rangarajan Committee Choose the right option Only 1 is true Only 2 is true Both are true Both are false
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Question 4 Consider the following statements about WTO
General Council has 5 permanent members and 10 non-permanent members The General Council will act as Dispute Settlement Body and Trade Policy Review body under different rules Choose the right option Only 1 is true Only 2 is true Both are true Both are false
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Question 5 Consider the following statements about PCA (Prompt Corrective Action) The banks are placed under PCA when they fail to meet limits set under CRAR, NPA and RoA Once placed, RBI can place mandatory and discretionary restrictions Choose the correct option Only 1 is correct Only 2 is correct Both are correct Both are false
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Question 6 Consider the following statements
CSR (Corporate Social Responsibility) is compulsory for all the units registered under the Factories Act CSR is provided under schedule VII of Companies Act 2013 The companies might use the the CSR funds in sectors such as Health, Eradicating Poverty, Gender Equality, Heritage Art Choose the correct option Only 1 is correct 2 and 3 are correct 1 and 3 are correct 1, 2 and 3 are correct
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Question 7 Match the following – sections of IBC
Choose the correct option A-1, B-2, C-3 A-2, B-3, C-1 A-3, B-2, C-1 A-2, B-1, C-3 A) Section 29A 1) Priority waterfall B) Section 12A 2) Withdrawal of application C) Section 53 3) Disqualification from acting as resolution applicant
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