Quiz 2020: Prelims Power Play 7 August 2020

1. Recently RBI has decided to broaden the scope of Priority sector lending, with respect to Priority Sector lending (PSL) Consider the following statements: 

1. Foreign Banks operating in India does not come under ambit of Priority sector lending
2. Priority Sector Lending Certificates are awarded by RBI to banks for fulfilling targets under Priority Sector lending

Which of the following statements given above is/are correct?

2. Consider the statements with respect to Kisan Rail, which was announced by Government in Budget 2020

1. Kisan rail will boost the agriculture supply chain by transporting all agriculture logistics efficiently.
2. Kisan rail is Joint venture of Indian Railway and Ministry of Rural Development

 Which of the following statements given above is/are correct?

3. Consider the statements with respect to Headline and core Inflation

1. The Inflation rate usually expressed in the wholesale Price Index (WPI) is referred as Headline Inflation
2. High core Inflation carries the seed of high future Inflation.
3. Core inflation represents the short run trend in the price level.

Which of the following statements given above is/are correct?

4. Priority sector lending includes which of the following sectors

1. Agriculture
2. Micro, Small and Medium Enterprises
3. Export Credit
4. Education
5. Renewable Energy

Choose the correct statements:

5. Which of the following painters belong to Bengal School of Art?

1. Abindranath Tagore
2. Nandlal Bose
3. Sunyani Devi
4. Raja Ravi Verma

Select the correct answer using the code below?