UPSC Prelims Mini Mock Test: 309

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: 
  1. The banks will have to keep more money with RBI and this dries up the liquidity. 
  2. The Banks will have to increase the Interest rates on their Home Loan products 
  3. The banks will be able to earn more money due to increased interest rates. 
Which among the above statements hold true?
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 context with debentures, consider the following statements:
  1. A Debenture represents a debt
  2. The income incurred by debenture is generally the interest income
  3. Debenture is generally secured by assets
Which among the above statements is / are correct?

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