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Question : What can the analysis of a major Harappan site reveal about the civilization's trade practices?

 

Option 1: The use of barter system

 

Option 2: The presence of a centralized banking system

 

Option 3: The extent of trade networks with other regions

 

Option 4: The reliance on agricultural exports

 

Team Careers360 25th Jan, 2024

Correct Answer: The extent of trade networks with other regions

 


Solution : The analysis of a major Harappan site can reveal the extent of trade networks with other regions, as evidenced by the presence of foreign goods, materials, and possibly inscriptions or seals indicating trade relationships.

 

4 Views

Question : Which of the following importance of infrastructure is highlighted here?
Along with the agriculture development, insurance and banking facilities are also needed for the smooth working.
 

Option 1: Facilitates functioning of the economy
 

Option 2: Agriculture development
 

Option 3: Economic development
 

Option 4: Better quality of life.
 

Team Careers360 24th Jan, 2024

Correct Answer: Agriculture development
 


Solution : The development of modern agriculture depends on infrastructure facilities. Along with the agriculture development, insurance and banking facilities are also needed for the smooth working.
Hence Option B is correct.

11 Views

Question : Which of the following is a function of a non-banking financial company (NBFC)?

 

Option 1: Issuing currency notes

Option 2: Accepting deposits from the public

Option 3: Managing the foreign exchange reserves of India

Option 4: None of the above

Team Careers360 25th Jan, 2024

Correct Answer: Accepting deposits from the public


Solution : The correct answer is (b). Accepting deposits from the public

NBFCs are authorized to accept deposits from the public, although the nature and terms of these deposits may vary depending on the regulations governing the specific NBFC. They are subject to certain regulatory guidelines and restrictions set by the Reserve Bank of India (RBI) regarding deposit-taking activities.

 

Question : Case Study 34

ABC Ltd. is a conglomerate planning to expand its operations. The company's management is considering the roles of SEBI in the financial market.

Question : 

What is the full form of SEBI?

Option 1: Securities and Exchange Board of India
 

Option 2: Stock Exchange and Banking Institution
 

Option 3: Securities and Equity Brokerage Institute

 

Option 4: Stock Exchange and Business Investment

Team Careers360 23rd Jan, 2024

Correct Answer: Securities and Exchange Board of India
 


Solution : The correct answer is (a) Securities and Exchange Board of India

The full form of SEBI is Securities and Exchange Board of India. SEBI is the regulatory body in India that oversees and regulates the securities market, protecting the interests of investors and promoting the development and regulation of the securities market.

2 Views

Question : Statement 1: The sectoral composition of GDP in India, Pakistan, and China is characterized by the dominance of the primary sector.

Statement 2: Services such as IT, telecommunications, banking, and tourism plays a negligible role in the economies of these countries.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, Statement 2 is false.

Option 4: Statement 2 is true, Statement 1 is false.

Team Careers360 23rd Jan, 2024

Correct Answer: Statement 2 is true, Statement 1 is false.


Solution : The correct answer is (d) Statement 2 is true, Statement 1 is false.

Statement 1 claims that the sectoral composition of GDP in India, Pakistan, and China is characterized by the dominance of the primary sector. This statement is false. While the primary sector, which includes agriculture, forestry, and mining, has historically played a significant role in the economies of these countries, their GDP composition has shifted over time. India, Pakistan, and China have all experienced a transition toward a more diversified economy, with the secondary sector (including manufacturing and industry) and the tertiary sector (including services) gaining prominence.

Statement 2 states that services such as IT, telecommunications, banking, and tourism play a negligible role in the economies of these countries. This statement is true. Services have emerged as significant contributors to the GDP of India, Pakistan, and China. IT services, telecommunications, banking and financial services, and tourism are all sectors that have seen substantial growth and contribute significantly to the overall economies of these countries.

Therefore, statement 2 is true, Statement 1 is false.

17 Views

Question : The "Pradhan Mantri Jan Dhan Yojana (PMJDY)" aims to provide:

Option 1: Financial inclusion and access to banking services

Option 2: Universal healthcare coverage for all citizens

Option 3: Affordable housing for all homeless individuals

Option 4: Education and skill development for unemployed youth

Team Careers360 22nd Jan, 2024

Correct Answer: Financial inclusion and access to banking services


Solution : The correct answer is (a) Financial inclusion and access to banking services.

The Pradhan Mantri Jan Dhan Yojana (PMJDY) is a government scheme launched by the Indian government in 2014. Its primary objective is to promote financial inclusion by providing access to banking services, particularly to the unbanked and underbanked sections of society.

The PMJDY focuses on opening bank accounts for all individuals, especially those from low-income households, who do not have access to formal banking services. The scheme aims to ensure that every household has access to a basic savings bank account, a debit card, and various banking services such as remittances, insurance, and pension.

The PMJDY also aims to encourage financial literacy and provide affordable financial services to promote savings and enable access to credit for income generation and entrepreneurship.

10 Views

Question : Comprehension:

In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

The modern world (1) ________ around technology. It has advanced dramatically in the beyond twenty years, and presently, we can't envision a world without PCs and cell phones. The last century saw fast progressions in innovation and science, which were unfathomable previously. The internet is perhaps the most significant of these. Today, it is no longer a science fiction concept to communicate with people anywhere in the world. While smartphones keep us constantly connected to the virtual world, the wireless internet has eliminated the need to use a physical wire to connect with this world. Today, we rely on the Internet to pay our bills, book tickets, travel, and conduct banking transactions. Li-Fi, a new technology that uses light signals to (2) ________ data and reduces external interference, is currently in development.
On the other hand, such rapid progress comes with some (3) ________. Another sort of wrongdoing, known as digital wrongdoing, is the greatest danger to security today. WannaCry was one of the biggest recent cyberattacks. It infected more than 230,000 computers in over 150 countries and threatened to erase valuable data unless ransom payments were made. Personal and (4) ________ data continue to be stolen frequently, and our country's cyber security is still lacking. It's also possible to say that people miss out on important experiences in the real world because they spend so much time in the virtual world. The distinction between the real and online worlds sometimes appears to blur, especially as social media grows in popularity. For instance, the internet was said to have become so addictive in China that programmes were established to help people get off of it. However, technology's benefits (5)________ its drawbacks. It all comes down to what we do with it. One thing to keep in mind is that technology can serve us well, but not completely.

Select the most appropriate option to fill in the blank no. 5.

Option 1: balances

Option 2: shadows

Option 3: outweigh

Option 4: insides

Team Careers360 24th Jan, 2024

Correct Answer: outweigh


Solution : The most appropriate choice is the third option.

Outweigh means to have more significance than the other. The sentence discusses the balance between the benefits and drawbacks of technology, emphasising that the benefits are greater or more significant than the drawbacks.

3 Views

Question : Receipts from services like insurance , banking, etc., is written on ________ side of __ account.
 

Option 1: Credit, current 
 

Option 2: Credit, capital
 

Option 3: Debit, current 
 

Option 4: Debit, capital 
 

Team Careers360 21st Jan, 2024

Correct Answer: Credit, current 
 


Solution : Receipts from services like insurance , banking, etc., is shown on the credit side of current account. 
Hence, Option A is correct.

11 Views

Question : A city primarily known for its financial services and banking sector would be classified as a:

Option 1: Industrial city

Option 2: Financial hub

Option 3: University town

Option 4: Tourist destination

Team Careers360 25th Jan, 2024

Correct Answer: Financial hub


Solution : Correct Option: Option 2
Explanation: A financial hub is an urban settlement that is primarily known for its financial services and banking sector, serving as a center for economic transactions.

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