Which among the following is used by Reserve Bank of India for “sterilization of the Capital Inflows”?
- Base Rate System
- CRAR Obligations
- Open Market Operations
- Credit Authorization Scheme
Explanation:
Open Market Operations refer to the purchase and sale of the Government securities (G-Secs) by RBI from / to market. The objective of Open Market Operations is to adjust the rupee liquidity conditions in the economy on a durable basis.
When RBI sells government security in the markets, the banks purchase them. When the banks purchase Government securities, they have a reduced ability to lend to the industrial houses or other commercial sectors. This reduced surplus cash, contracts the rupee liquidity and consequently credit creation / credit supply. When RBI purchases the securities, the commercial banks find them with more surplus cash and this would create more credit in the system.
Thus, in the case of excess liquidity, RBI resorts to sale of G-secs to suck out rupee from system. Similarly, when there is a liquidity crunch in the economy, RBI buys securities from the market, thereby releasing liquidity.
Fa-Hien who came to visit India during Gupta Period had the main motive of ___________?
- Establish trade relations between India and China
- Write a book on the life of Indian People
- Study the teachings of Gautam Buddha
- To spread Buddhism
- 1764
- 1766
- 1761
- 1767
Which among the following is the closest to the meaning of ” Silviculture”?
- Cultivation of Silk Worms
- Cultivation of Textile Crops
- Forest Development
- Cultivation of Timber
- Portuguese
- French
- Spanish
- Dutch
Who has won 2017 Formulae 1 Belgian Grand Prix tournament?
- Daniel Ricciardo
- Sebastian Vettel
- Lewis Hamilton
- Max Verstappen
Explanation:
Lewis Hamilton, a British racing driver who races in Formula One for the Mercedes AMG Petronas team, has won the 2017 Belgian Grand Prix at the Circuit de Spa-Francorchamps in Stavelot, Belgium on August 27, 2017.
Which high court has made National song ‘Vande Mataram’ mandatory in Tamil Nadu schools?
- Madras High Court
- Delhi High Court
- Bombay High Court
- Kerala High Court
Explanation:
The Madras High Court has ruled that the national song ‘Vande Mataram’ be made compulsory in all educational institutions and government or private organisations in Tamil Nadu. As per ruling, the national song be played and sung in all schools, colleges and universities at least once a week, preferably on Monday or Friday and in government offices, private companies, factories and industries at least once a month. The issue pertains to a case filed by K Veeramani who lost the state recruitment board exam by a mark as he answered Bengali for the question on the language of ‘Vande Mataram’ while the answer key said that it was written in Sanskrit. Opposing his submission, Veeramani approached the Madras High Court and sought clarity on whether ‘Vande Mataram’ was written in Sanskrit or Bengali. As per ruling, it is the duty of every citizen to abide by the ideals ingrained in the Constitution and as such show respect to the National Anthem and the National Flag.
Which among the following is true about the sequence of Question hour and Zero Hour?
- The day’s business normally starts with Question hour and Zero Hour follows the Question Hour
- The day’s business normally starts with Zero hour and Question Hour follows the Zero Hour
- The day’s business normally starts with Question hour or Zero Hour
- None of the above
- Ministry of Civil Aviation
- Ministry of Corporate Affairs
- Ministry of External Affairs
- Ministry of Finance
Explanation:
The Ministry of External Affairs (MEA) is co-hosting the Second Gateway of India Geo economic Dialog
ue with Gateway House in Mumbai, Maharashtra on February 13-14, 2017 . This is India’s premier geo-economics conference on the theme ‘Where Geopolitics meets Business’ focused on building synergies between business and foreign policy. There will be panel discussions covering topics like Sovereign Funds, Global Taxation and Digital Economy.
Town Planning Committees are constituted as per which among the following amendments of Indian Constitution?
- 73rd
- 74th
- 75th
- 76th