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Basic GK - Questions and Answers

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121. In India, which of the following has the highest share in the disbursement of credit to agriculture and allied activities?
A. Commercial Banks
B. Co-operative Banks
C. Regional Rural Banks
D. Micro Finance Institution
Explanation:
122. Currency Swap is an instrument to manage __.
A. Interest rate risk
B. Currency risk
C. Currency and interest rate risk
D. Cash flows in different currencies
Explanation:
123. Which of the following United Nations (UN) Conventions has been ratified by the Indian parliament in May, becoming one of the 160 nations which have adopted the UN Conventions?
A. UN Convention on Climate Change
B. UN Convention against Corruption
C. UN Conventions on Rights of the Child
D. UN Convention on Human Rights
Explanation:
124. ‘AgResult’ initiative for improving food security for the poor vulnerable is recently taken by:
A. WFP
B. FAO
C. World Bank
D. Asian Development Bank (ADB)
Explanation:
125. Scheduled bank means a bank:
A. Authorized to transact Government business
B. Governed by the Banking Regulation Act, 1949
C. Included in the Second Schedule to the Reserve Bank of India Act, 1934
D. Incorporated under the Companies Act, 1956
Explanation: