UPSC Prelims Mini Mock Test: 309

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1.
As we know that Cash Reserve Ratio (CRR) is the amount of funds that the banks have to keep with the Reserve Bank of India. Consider the following consequences , if Reserve Bank of India decides to increase the CRR substantially in its monetary policy:  <ol> <li>The banks will have to keep more money with RBI and this dries up the liquidity. </li> <li>The Banks will have to increase the Interest rates on their Home Loan products </li> <li>The banks will be able to earn more money due to increased interest rates. </li> </ol> Which among the above statements hold true?<br />
2.
Morley Minto Reforms of 1909: <ol> <li>had provision for an Indian to be inducted in Governor general's executive council</li> <li>provided separate electorate to Muslims</li> <li>introduced the system of Diarchy</li> <li>increased membership in central and provincial legislative councils</li> </ol> Which of the above is/are correct statements?
3.
Which of the following religious text describes Brahmavarta as the region between the rivers Saraswati and Drishadwati in India?
4.
 Consider the following statements about Megha-Tropiques: <ol> <li>It is a collaborative effort between ISRO and NASA</li> <li>It is a satellite mission to study the water cycle in tropical atmosphere</li> </ol> Which of the above statements is/are correct?
5.
 In context with debentures, consider the following statements: <ol> <li>A Debenture represents a debt</li> <li>The income incurred by debenture is generally the interest income</li> <li>Debenture is generally secured by assets</li> </ol> Which among the above statements is / are correct?

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