Quiz 2021: Prelims Power Play 28 December 2021

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This quiz contains 5 questions and each contains 1 points.

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1. Consider the following regarding LEDs

  1. The DICGC insures only principal and not interest.
  2. Deposits made in NBFCs are not covered by DICGC.

Which of the above statements is/are correct?

 
 
 
 

2. Consider the following statements

  1. At present, India lacks a special resolution regime exclusively for financial institutions.
  2. Deposit Insurance and Credit Guarantee Corporation (DICGC) have powers to apply resolution tools to problem Banks.

Which of the above statement is true?

 
 
 
 

3. Which of the following recommended a Unified Financial Regulator (UFA) for India?

 
 
 
 

4. Consider the following statements with respect to Inverted Duty Structure:

  1. Under this, the import duty on finished goods is kept high, while import duty on intermediate goods is kept low.
  2. It immensely benefits the domestic manufacturing industries.

Which of the following is /are correct? Select the correct answer using code below

 
 
 
 

5. Cellular immunity is an example of