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6. A ADB released the Asian development outlook 2017 in which
it had cut the Indias projection to 7.4% for 2017-18 from an
earlier projection estimate of 7.8%.
7. D IMF International Monetary Fund
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The Index of Industrial Production (IIP) is an index for India
which details out the growth of various sectors in an
economy such as mineral mining, electricity
and manufacturing.
23. B SEZ is special economic zones. SEZ are allowed
manufacturing, trading and service activities.
24. B
32. B
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Aadhar Pay smartphone payment app would also eliminate
the fee currently being charged by the private card
companies such as MasterCard and Visa.
36. A
37. D
38. B
39. D
49. E
50. B
51. C
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52. C The issuer of green bond publicly states that capital is being
raised for green projects
53. D The scheme provides loans to micro units in three categories
ranging from Rs. 50,000 to Rs. 10 lakh.
Shishu: Loan up to Rs 50,000
Kishore: Loan ranging from Rs 50,000 to Rs 5 lakh
Tarun: Loan ranging from Rs 5 lakh to Rs 10 lakh.
54. C China is the worlds largest producer of crude Steel.
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67. C National product includes the production activities of
resident irrespective of where it is performed within the
economic territory or outside of it.
68. B
69. B
70. D
75. C
84. D
85. C The Economic and social survey report for Asia and Pacific is
released by UNESCAP
86. D This is intended to increase the production level which
ultimately pushes the prices up due to extra-creation of
money during the process.
87. E 7.7% for 2018-19
90. A
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96. D
97. E
103. E
111. C
112. B
113. D
114. D
117. A
120. E Uttar Pradesh tops the chart in most densely Populated state
in India. According to recent estimates, there are more than
210 million people living in the state of Uttar Pradesh.
121. B The gilt-edged market is the market in government securities
or the securities guaranteed (as to both principal and
interest) by the government.
122. C
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themselves and their families. The output is mostly for local
requirements with little or no surplus trade.
126. B Objective of "Pradhan Mantri Jan-Dhan Yojana
(PMJDY)" is ensuring access to various financial services
like availability of basic savings bank account, access to need
based credit, remittances facility, insurance and pension to
the excluded sections i.e. weaker sections & low income
groups. This deep penetration at affordable cost is possible
only with effective use of technology.
127. A Radha Mohan Singh is the Union Minister of Agriculture in
the Narendra Modi government.
128. C Regional Rural Banks (RRBs) were established under the
provisions of an Ordinance promulgated on the 26th
September 1975 and the RRB Act, 1976 with an objective to
ensure sufficient institutional credit for agriculture and other
rural sectors.
129. D
133. E
134. D
137. E
143. D
144. D
148. C
149. D
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157. E The International Monetary Fund is an international
organization headquartered in Washington, D.C., of "189
countries working to foster global monetary cooperation,
158. A
Question Bank for Economic & Social Issues for NABARD Grade
A & B 2017
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