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- 1. Which of the following is NOT a social sector programme of the Govt. of India?
A.Mid-Day Mean Scheme
B.Sarva Siksha Abhiyan
C.National Rural Health Mission
D.Look East Policy
Answer & Explanation
Answer: Option D 
Look East Policy
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- 2. An instrument of qualitative credit control in India is _________________
A.Open Market Operation
B.Credit Rationing
C.Charge in reserve ratio
D.Bank rate policy
Answer & Explanation
Answer: Option B
Credit Rationing
View Answer
- 3. Wages to workers of which of the following is now revised and are based on the Consumer Price Index (CPI) ?
A.MGNREGA
B.Anganwadi Workers
C.Teachers Involved in operational 'Black Board
D.Health workers in rural areas
Answer & Explanation
Answer: Option A
MGNREGA
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- 4. Money Supply in India can be increased if __________
A) RBI puts more paper money for circulation
B) The commercial banks expand their credit operations
C) The central Govt. gives more grants to the states
D) The Govt. of India borrows from the RBI
A.A, B and C
B.B, C and D
C.A, C and D
D.A, B and D
Answer & Explanation
Answer: Option D
A, B and D
View Answer
- 5. If RBI adopts an expansionist open market operations policy, this means that it will ___________
A.Offer commercial banks more credit in open market
B.Sell securities in teh open market
C.Openly announce to the market that it intends to expand credit
D.buy securities from non-government holders
Answer & Explanation
Answer: Option A
Offer commercial banks more credit in open market
View Answer
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To whom this IBPS PO & Clerks Set 8 Questions and Answers section is beneficial?
Students can learn and improve on their skillset for using Verbal Ability effectively and can also prepare for competitive examinations like...
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- Common Aptitude Test (CAT) Exams
- UPSC Paper-II or CSAT Exams
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- Railway Competitive Exam
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