UPSC Prelims Full Length Test - 24

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1.
Negative Interest Rate Policy:
  1. is a fiscal policy which government uses to affect the economy
  2. aims to reduce inflationary pressure in the economy
Which of the above statements is/are correct?
2.
Consider the following pairs:
  1. Pomology - Cultivation of fruits
  2. Olericulture - Cultivation of vegetables
  3. Floriculture - Cultivation of ornamental crops
Which of the above is/are correct?
3.
Consider the following varieties of mangoes with states where they are produced:
  1. Khirsapati - West Bengal
  2. Gir Kesar - Gujarat
  3. Totapuri - Andhra Pradesh
Which of the above is/are correct?
4.
Consider the following statements about the Forward Markets Commission:
  1. It is a statutory authority
  2. It operates under the administrative authority of the Ministry of Finance
  3. It acts as a regulatory authority for the commodity futures markets
Which of the above statements is/are correct?
5.
Consider the following statements regarding the Board for Regulation and Supervision of Payment and Settlement Systems (BPSS):
  1. It is a statutory body.
  2. It is the highest policy making body on payment systems in the country.
Which of the above statements is/are correct?