Prelims Power Play 9 August 2024

1. Consider the following statements:

Statement-I: Bank deposit growth has lagged credit growth after peaking post-Covid

Statement-II: The shift from saving to investing among consumers is reducing the amount of available money in banks.

Which one of the following is correct in respect of the above statements?

Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I

Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I

Statement-I is correct but Statement-II is incorrect

Statement-I is incorrect but Statement-II is correct

2. Which of the following has the highest weightage in the CPI basket

Housing

Food and Beverage

Health

Fuel and light

3. Indian Himalayan Range (IHR) comprise of

9 States and two Union Territories

10 States and one Union Territories

11 States and two Union Territories

11 States and one Union Territories

4. RBI is expected to reduce interest rates during which of the following monetary policy stance?

Hawkish

Neutral

Accommodative

Calibrated tightening

5. What is common between Lester B Pearson, Lech Wałęsa, Aung San Suu Kyi and Muhammad Yunus

All are Nobel laureate who were campaigned for climate change

All are Nobel laureate who were punished with life imprisonment

All are Nobel laureate who led their country

All are Nobel laureate who were assassinated