Correct answer: (a) 1 and 2 only
Explanation
- A
1 and 2 only
1 and 2 only. Harvesting and spinning cotton into cloth are real-sector production. Bank lending and masala bonds are financial.
- B
2, 3 and 4 only
2, 3 and 4 only. 3 and 4 are finance, not the real sector.
- C
1, 3 and 4 only
1, 3 and 4 only. Drops mills and keeps finance.
- D
1, 2, 3 and 4
All four. Money-lending and overseas INR bonds are not real-sector output.
Summary. Official key is (a) 1 and 2 only. The real sector is goods and non-financial services — farms and textile mills. A bank loan and a rupee-denominated overseas bond are financial-sector flows.
PYQ trend
When UPSC asked this
Related PYQs from other years, newest first. Open a question to read it.
-
2020 · Q61 · General Studies · 2 marks
In India, which of the following can be considered as public investment in agriculture? 1. Fixing Minimum Support Price for agricultural produce of all crops 2. Computerization of Primary Agricultural Credit Societies 3. Social Capital development 4. Free electricity supply to farmers 5. Waiver of agricultural loans by the banking system 6. Setting up of cold storage facilities by the governments Select the correct answer using the code given below: -
2020 · Q70 · General Studies · 2 marks
With reference to the Indian economy, consider the following statements: 1. 'Commercial Paper' is a short-term unsecured promissory note. 2. 'Certificate of Deposit' is a long-term instrument issued by the Reserve Bank of India to a corporation. 3. 'Call Money' is a short-term finance used for interbank transactions. 4. 'Zero-Coupon Bonds' are the interest-bearing short-term bonds issued by the Scheduled Commercial Banks to corporations. Which of the statements given above is/are correct? -
2017 · Q33 · General Studies · 2 marks
What is/are the advantage/advantages of implementing the 'National Agriculture Market' scheme? 1. It is a pan-India electronic trading portal for agricultural commodities. 2. It provides the farmers access to nationwide market, with prices commensurate with the quality of their produce. Select the correct answer using the code given below: -
2016 · Q4 · General Studies · 2 marks
The establishment of 'Payment Banks' is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context? 1. Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks. 2. Payment Banks can issue both credit cards and debit cards. 3. Payment Banks cannot undertake lending activities. Select the correct answer using the code given below -
2016 · Q29 · General Studies · 2 marks
The term 'Core Banking Solution' is sometimes seen in the news. Which of the following statements best describes/describe this term? 1. It is a networking of a bank's branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts. 2. It is an effort to increase RBI's control over commercial banks through computerization. 3. It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank. Select the correct answer using the code given below -
2016 · Q43 · General Studies · 2 marks
What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI? 1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances. 2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks. Select the correct answer using the code given below -
2016 · Q62 · General Studies · 2 marks
What is/are the purpose/purposes of 'District Mineral Foundations' in India? 1. Promoting mineral exploration activities in mineral-rich districts 2. Protecting the interests of the persons affected by mining operations 3. Authorizing State Governments to issue licenses for mineral exploration Select the correct answer using the code given below -
2016 · Q71 · General Studies · 2 marks
What is/are the purpose/purposes of Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetization Scheme'? 1. To bring the idle gold lying with Indian households into the economy. 2. To promote FDI in the gold and jewellery sector. 3. To reduce India's dependence on gold imports. Select the correct answer using the code given below