Board exam

Read the following statements carefully : Statement 1 : Primary deposits are the cash deposits by general public with commercial banks. Statement 2 : Secondary deposits are those deposits which arise on account of credit provided by the commercial banks to the people. In light of the given statements, choose the correct alternative from the following :

1. AStatement 1 is true and Statement 2 is false.
2. BStatement 1 is false and Statement 2 is true.
3. CBoth Statements 1 and 2 are true.
4. DBoth Statements 1 and 2 are false.

The rate at which commercial banks borrow from the Reserve Bank of India to meet their long term requirements is known as ______________. (Choose the correct alternative to fill up the blank)

1. AMargin requirement
2. BBank rate
3. CRepo rate
4. DReverse repo rate

Read the following statements carefully : Statement 1 : Borrowings by a nation from the World Bank to finance Balance of Payment (BoP) deficit will be recorded in the capital account. Statement 2 : Autonomous transactions are independent of the condition of Balance of Payment (BoP) account. In light of the given statements, choose the correct alternative from the following :

1. AStatement 1 is true and Statement 2 is false.
2. BStatement 1 is false and Statement 2 is true.
3. CBoth Statements 1 and 2 are true.
4. DBoth Statements 1 and 2 are false.

Identify which of the following equations is true. (Choose the correct alternative)

1. AMPC + MPS = 0
2. BMPC + MPS = 1
3. CMPC + MPS > 1
4. DMPC + MPS < 1

A situation in which an able bodied person is not willing to work at the existing wage rate, is referred to as _____________ situation. (Choose the correct alternative to fill up the blank)

1. AFull employment
2. BInvoluntary unemployment
3. CVoluntary unemployment
4. DDisguised unemployment

Read the following statements carefully : Statement 1 : Commercialization of agriculture under the British rule was responsible for frequent famines between 1875 and 1900. Statement 2 : During British rule, India began to export food grains. In light of the given statements, choose the correct alternative from the following :

1. AStatement 1 is true and Statement 2 is false.
2. BStatement 1 is false and Statement 2 is true.
3. CBoth Statements 1 and 2 are true.
4. DBoth Statements 1 and 2 are false.

Read the following statements carefully : Statement 1 : In both India and Pakistan, the service sector has been emerging as a major source of development. Statement 2 : Amongst the neighbours of India, China has the highest life expectancy rate. In light of the given statements, choose the correct alternative from the following :

1. AStatement 1 is true and Statement 2 is false.
2. BStatement 1 is false and Statement 2 is true.
3. CBoth Statements 1 and 2 are true.
4. DBoth Statements 1 and 2 are false.