Which one of the following statement is incorrect?
A. NABARD Consultancy Services (NABCONS) is a subsidiary of NABARD
B. In 1947, the Reserve Bank stopped acting as banker to the Government of Burma
C. Every NBFC should not be registered with RBI
D. RBI uses CRR either to drain excess liquidity or to release funds needed for the growth of the economy
Answer: Option C
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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