UPSC Prelims Full Length Test - 85

With reference to the National Small Savings Fund (NSSF), which among the following statements is / are correct?

1. NSSF is a part of the Public Account of India
2. The State Governments can borrow money from the National Small Savings Fund

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Which among the following is / are Revenue Expenditures of the Government?

1. Loan from Government of India to States
2. Interest paid by Government of India on loans taken from IMF
3. Subsidies & Grants
4. Expenditure on acquisition of defense equipment

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Which among the following is / are consequences of zero population growth?

1. A growing labour force
2. Demographic dividend
3. Increasing old age dependency ratio

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NBFCs are doing functions similar to banks. What is difference between banks & NBFCs ?

1. NBFC cannot accept demand deposits
2. NBFCs do not form part of the payment and settlement system
3. NBFCs cannot issue cheques drawn on itself

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Which of the following is / are correct statements with respect to the Asian Infrastructure Investment Bank (AIIB)?

1. It has its headquarters at Manila, Philippines
2. It has only Asian countries as its members states
3. It provides financial support for infrastructure development as well as education and healthcare

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