Land ceiling laws aim to: MCQ with Answer and Explanation

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Land ceiling laws aim to:

A. abolish all private land ownership

B. increase land concentration

C. promote urbanization

D. limit the maximum land area an individual can hold

Answer: Option D

Solution (By JKSSB Mock Tests)

Land ceiling laws limit the maximum landholding an individual can own to redistribute surplus land.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The term 'Monetary Base' or 'High-Powered Money' consists of:

A. Currency with public and reserves of banks with RBI

B. Only time deposits

C. Only government securities

D. Only demand deposits

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Correct Answer: Option A

Explanation:
High-powered money (monetary base) consists of currency held by the public and the reserves (cash and deposits) of commercial banks with the central bank.

This question belongs to: Economy GK Economy Set 1

Question #2

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Which of the following is a characteristic of the 'Liquidity Coverage Ratio' under Basel III?

A. It is related only to capital adequacy

B. It requires banks to hold sufficient high-quality liquid assets to cover net cash outflows over 30 days

C. It applies only to non-bank financial institutions

D. It measures only long-term funding stability

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Correct Answer: Option B

Explanation:
The Liquidity Coverage Ratio (LCR) requires banks to maintain an adequate stock of unencumbered high-quality liquid assets that can be converted into cash to meet liquidity needs for a 30-calendar-day stress scenario.

This question belongs to: Economy GK Economy Set 1