Quiz | Jatin Verma’s IAS Academy
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Q1

Which one of the following best describes the term 'shadow banking'?

 

Q2

Which one of the following is not a sub-index of the World Bank’s Ease of Doing Business Index?

 

Q3

India’s ranking in the ‘Corruption Perception Index (CPI)’ is sometimes seen in the news.  Which of the following has declared that ranking?

 

Q4

With reference to the Central Repository of Information on Large Credits (CRILC), consider the following statements:

1. It was constituted under the aegis of the Reserve Bank of India. 

2. The Co-operative Banks are not required to report credit information to CRILC.

Which of the statements given above is/are correct?

 

Q5

 Consider the following statements:

1. India has the largest coal reserves in the world. 

2. Coal meets more than half of India's energy requirements.

Which of the statements given above is/are correct?

 

Q6

The ‘International Co-operation Review Group (ICRG)’ is sometimes seen in the news. It is a subgroup of

 

Q7

Regarding the Financial Action Task Force (FATF), consider the following statements: 

1. It is an inter-governmental body established under the provisions of the United Nations Convention against Corruption. 

2. Its recommendations include the financing of terrorism and proliferation of weapons of mass destruction.

Which of the statements given above is/are correct?

 

Q1.

Which one of the following best describes the term 'shadow banking'?

 

a) Financial inclusion services provided by commercial banks.
b) Extension of banking activities by commercial banks in un-bank or rural areas.
c) Banking services provided through Banking Correspondents.
d) Banking activities performed outside the regular banking system.
Q2.

Which one of the following is not a sub-index of the World Bank’s Ease of Doing Business Index?

 

a) Enforcing Contracts
b) Free movement of natural persons
c) Resolving Insolvency
d) Protecting Minority Investors
Q3.

India’s ranking in the ‘Corruption Perception Index (CPI)’ is sometimes seen in the news.  Which of the following has declared that ranking?

 

a) Transparency International
b) World Economic Forum
c) Financial Action Task Force
d) Group of States Against Corruption
Q4.

With reference to the Central Repository of Information on Large Credits (CRILC), consider the following statements:

1. It was constituted under the aegis of the Reserve Bank of India. 

2. The Co-operative Banks are not required to report credit information to CRILC.

Which of the statements given above is/are correct?

 

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Q5.

 Consider the following statements:

1. India has the largest coal reserves in the world. 

2. Coal meets more than half of India's energy requirements.

Which of the statements given above is/are correct?

 

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Q6.

The ‘International Co-operation Review Group (ICRG)’ is sometimes seen in the news. It is a subgroup of

 

a) The Association of Southeast Asian Nations
b) The Financial Action Task Force
c) The European Union
d) The Shanghai Cooperation Organisation
Q7.

Regarding the Financial Action Task Force (FATF), consider the following statements: 

1. It is an inter-governmental body established under the provisions of the United Nations Convention against Corruption. 

2. Its recommendations include the financing of terrorism and proliferation of weapons of mass destruction.

Which of the statements given above is/are correct?

 

a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2