NSDL and CDSL are depositories for: MCQ with Answer and Explanation

Question
NSDL and CDSL are depositories for:
A. bank deposits
B. government cash balances
C. dematerialized securities
D. foreign exchange reserves
Answer: Option C
Solution (By JKSSB Mock Tests)
NSDL and CDSL are the two depositories that hold securities in dematerialized form.
This question belongs to: Economy GK Economy Set 1
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Practice More Economy Set 1 Questions

Question #1
Which of the following is an assumption of the perfect competition model?
A. Free entry and exit of firms
B. Product differentiation
C. Firms face a downward-sloping demand curve
D. Selling costs are significant
Discuss
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Correct Answer: Option A

Explanation:
Perfect competition assumes free entry and exit, homogeneous product, large number of buyers and sellers, and perfect information, resulting in firms being price takers.
This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is a characteristic of 'Remote Work' or 'Telework' as a structural shift?
A. The potential to decouple the location of work from the location of the worker, with implications for cities, housing and labour markets
B. Only the increase in commuting
C. The complete disappearance of all office work
D. Only a temporary pandemic phenomenon without lasting effects
Discuss
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Correct Answer: Option A

Explanation:
The expansion of remote work enabled by digital technologies allows many jobs to be performed outside traditional offices, with potentially far-reaching consequences for urban form, housing demand, regional development and work organisation.
This question belongs to: Economy GK Economy Set 1
Question #3
Moral suasion by the RBI refers to:
A. persuasion and advice to banks to follow monetary policy objectives
B. buying securities from banks
C. legal penalties on banks
D. raising reserve requirements
Discuss
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Correct Answer: Option A

Explanation:
Moral suasion is a non-statutory instrument of persuasion by the RBI to influence bank behaviour.
This question belongs to: Economy GK Economy Set 1
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