Rashtriya Ispat Nigam Ltd (RINL), on 23 September 2014, filed a draft prospectus with market regulator SEBI for an initial public offering (IPO) through which the government will sell 10 per cent of its stake in the company. The government proposes to raise Rs 43,425 crore through disinvestment in PSUs.

Correct Option: C

Rashtriya Ispat Nigam Ltd (RINL), on 23 September 2014, filed a draft prospectus with market regulator SEBI for an initial public offering (IPO) through which the government will sell 10 per cent of its stake in the company. The government proposes to raise Rs 43,425 crore through disinvestment in PSUs.

The Indian credit rating industry mainly comprises of CRISIL, CIBIL, ICRA, CARE, ONICRA, FITCH and SMERA. The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. RBI is India’s central bank. SIDBI (Small Industries Development Bank of India) financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India.

Correct Option: E

The Indian credit rating industry mainly comprises of CRISIL, CIBIL, ICRA, CARE, ONICRA, FITCH and SMERA. The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. RBI is India’s central bank. SIDBI (Small Industries Development Bank of India) financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India.

Monetary policy is the defining function of the central bank of a country. The Reserve Bank of India announces a set of measures of both short-term and structural nature in the two bi-annual statements on monetary and credit policy. These documents are normally released in April and October of each year.

Correct Option: B

Monetary policy is the defining function of the central bank of a country. The Reserve Bank of India announces a set of measures of both short-term and structural nature in the two bi-annual statements on monetary and credit policy. These documents are normally released in April and October of each year.

The national income of a country can be measured by three alternative methods: (i) Product Method: measures national income as a flow of goods and services (ii) Income Method: measures national income as a flow of factor incomes and (iii) Expenditure Method: measures national income as a flow of expenditure.

Correct Option: D

The national income of a country can be measured by three alternative methods: (i) Product Method: measures national income as a flow of goods and services (ii) Income Method: measures national income as a flow of factor incomes and (iii) Expenditure Method: measures national income as a flow of expenditure.

The question talks about marginal return increasing at diminishing rate which, in reality, is diminishing marginal return. In economics, the law of diminishing returns states: “If increasing amounts of a variable factor are applied to a fixed quantity of other factors per unit of time, the increments in total output will first increase but beyond some point, it begins to decline”. Richard A. Bilas describes the law of diminishing returns as: “If the input of one resource to other resources is held constant, total output will increase but beyond some point, the resulting output increases will become smaller and smaller.” So as the marginal return increases at diminishing rate, the total return will eventually decrease.

Correct Option: B

The question talks about marginal return increasing at diminishing rate which, in reality, is diminishing marginal return. In economics, the law of diminishing returns states: “If increasing amounts of a variable factor are applied to a fixed quantity of other factors per unit of time, the increments in total output will first increase but beyond some point, it begins to decline”. Richard A. Bilas describes the law of diminishing returns as: “If the input of one resource to other resources is held constant, total output will increase but beyond some point, the resulting output increases will become smaller and smaller.” So as the marginal return increases at diminishing rate, the total return will eventually decrease.