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UPSC Prelims Mini Mock Test: 328
January 30, 2020
May 20, 2021
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1.
The Reserve Bank of India works as a lender of the last resort (LOLR). Which among the following is the correct statement in this context?
RBI meets all the demands of the commercial banks in times of difficulties
RBI meets all the reasonable demands of the commercial banks in times of difficulties
RBI is the last lender to the Government at the centre and the states
RBI grants loans to the banks and also the Governments in states
2.
Consider the following statements: <ol> <li>The majority of pottery wares found at Harappa were black painted</li> <li>Majority of Indus Valley terracotta figurine were hand made</li> </ol> Which of the above statements is/are correct?
1 Only
2 Only
Both 1 & 2
Neither 1 nor 2
3.
Consider the following fiscal policy measures the government might take to combat inflation: <ol><li>Increasing public expenditure</li><li>Increasing public debt</li><li>Delaying the payment of old debts</li><li>Increasing taxes</li></ol>Which of the above statements is/are correct selective measures?
Only 1, 2 & 3
Only 2, 3 & 4
Only 1, 3 & 4
1, 2, 3 & 4
4.
Which of the following is / are correct about the National Investment and Infrastructure Fund? <ol> <li>It is regulated by the Securities and Exchange Board of India (SEBI)</li> <li>It can be used to finance both Greenfield as well as Brownfield projects</li> <li>It has the Government’s ownership of 51% in the fund</li> </ol> Select the correct option from the codes given below:
1 & 2 Only
3 Only
2 & 3 Only
1, 2 & 3
5.
Consider the following paramilitary forces of India:<br> 1. Indo-Tibetan Border Police<br> 2. Border Security Force<br> 3. Assam Rifles<br> 4. National Security Guard<br> Which among the following is the correct chronological order in which they were established?
3 2 4 1
1 3 4 2
3 2 1 4
3 1 2 4
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