51. What is Indo Next which was launched in January, 2005?

1. 1. A new scheme to promote Indian tourism.

   
   
   

   2. A new scheme to promote export of Indian handicrafts

   
   
   

   3. An association of the Non-Resident Indians to Organise Bharatiya Diwas every year in India.

   
   
   

   4. An alternative trading platform being promoted by the Mumbai Stock Exchange and Regional Stock Exchange

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: D

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52. Money times we read a term 'Hot Money' in newspaper. What is/are the characteristics of Hot Money?
    1. The term is used for fresh currency notes issued by the RBI.
    2. It is the fund which flows in the market to take advantage of high interest rates.
    3. It is the fund which is thrown in the market to create in balance in the stock markets.
    Codes

1. 1. Only 1

   
   
   

   2. Only 2

   
   
   

   3. Only 3

   
   
   

   4. All 1, 2 and 3

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: B

   N/A

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53. Consider the following statements and select the correct answer from the code given below
    Assertion (A) : Devaluation of a currency may promote export
    Reason (R) : Price of the country's product in the international market may fall due to devaluation.
    Code
    

1. 1. Both (A) and (R) are true and R is the correct explanation of (A)

   
   
   

   2. Both (A) and (R) true but (R) is not a correct explanation of (A)

   
   
   

   3. (A) is true but (R) is false

   
   
   

   4. (A) is false but (R) is true

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: B

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54. Federal Reserves is the financial organisation of

1. 1. USA

   
   
   

   2. Britain

   
   
   

   3. France

   
   
   

   4. Japan

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

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55. Treasury bills are sold in India by

1. 1. Reserve Bank of India

   
   
   

   2. State Governments

   
   
   

   3. Commercial Banks

   
   
   

   4. SEBI

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

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