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646. Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : Commercial Banks play a leading role in diverting savings into channels of productive investmentReason (R) : Banks are purveyors of credit
A. Both A and R are true and R is the correct explanation of A.
B. Both A and R are true but R is the not the correct explanation of A.
C. A is true but R is false.
D. A is false but R is true.
Explanation:
647. The ""Marrakesh Declaration"" adopted at the meeting of GATT was a result of which of the following
A. Geneva Agreement
B. Paris Conclave
C. Delhi Declaration
D. Uruguay Round
Explanation:
648. Which of the following statements is true about Asian Development Bank ?
A. It is a Commercial Bank.
B. It was sponsored by UN.
C. It is a subsidiary of Workd Bank
D. It gives loans only for housing projects.
Explanation:
649. World Tade Organisation is the new name of
A. World Bank
B. IMF
C. GATT
D. IFC
Explanation:
650. Capital - intensive industries
A. curb the growth of large scale industries
B. increase unempliyment
C. increase employment in rural areas
D. Provide opportunities for workers participation in management
Explanation:
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