The Liquidity Adjustment Facility of the RBI includes: MCQ with Answer and Explanation

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The Liquidity Adjustment Facility of the RBI includes:

A. Repo and reverse repo

B. Currency printing and open market operations

C. CRR and SLR

D. Bank rate and MSF

Answer: Option A

Solution (By JKSSB Mock Tests)

The Liquidity Adjustment Facility comprises repo and reverse repo operations.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Coffee Board of India' promotes:

A. sugar exports

B. coffee production and exports

C. tea exports

D. spice exports

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Correct Answer: Option B

Explanation:
Coffee Board promotes coffee production and exports.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a non-debt creating capital receipt of the government?

A. Recovery of loans

B. Treasury bills

C. External commercial borrowings

D. Market borrowings

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Correct Answer: Option A

Explanation:
Recovery of loans is a non-debt capital receipt because it does not create a future liability. Borrowings of all kinds create debt.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'per capita income' is calculated by dividing national income by:

A. working population

B. number of households

C. labour force

D. total population

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Correct Answer: Option D

Explanation:
Per capita income is national income divided by total population.

This question belongs to: Economy GK Economy Set 1

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