UPSC Prelims Mini Mock Test: 309

Consider the following possible outcomes if the Reserve Bank of India (RBI) substantially raises the Cash Reserve Ratio (CRR) in its monetary policy:

1. Banks will be required to keep more funds with the RBI, leading to reduced liquidity in the financial markets.
2. Banks may need to increase interest rates on home loan products due to decreased lendable funds.
3. Banks will necessarily earn more profit as a result of heightened interest rates.

Which of the above statements is / are correct?

Morley Minto Reforms of 1909:

1. had provision for an Indian to be inducted in Governor general's executive council
2. provided separate electorate to Muslims
3. introduced the system of Diarchy
4. increased membership in central and provincial legislative councils

Which of the above is/are correct statements?

Which of the following religious text describes Brahmavarta as the region between the rivers Saraswati and Drishadwati in India?

 Consider the following statements about Megha-Tropiques:

1. It is a collaborative effort between ISRO and NASA
2. It is a satellite mission to study the water cycle in tropical atmosphere

Which of the above statements is/are correct?

In the context of debentures, consider the following statements:

1. A debenture represents a debt.
2. The income generated from a debenture is generally interest income.
3. A debenture is generally secured by assets.

Which of the above statements are correct?