PREVIOUS YEAR SOLVED PAPERS - July 2018

56. Assertion (A): In real terms, workers’ participation in management has failed in India.
Reasoning (R): There is lack of attitudinal change, multiplicity of unions and absence of a procedure to determine a sole bargaining agent in an organization.

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57. Which one of the following is not the function of NABARD?

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58. Which one of the following financial institutions co-ordinates the functions and operations of all the financial institutions into a single integrated financial structure so that each may contribute to the growth of the economy?

  • Option : C
  • Explanation : The activities of IDBI is to “Co-ordinate the functions and operations of all the financial institutions, including the IFCI, the ICICI, the LIC, and the UTI into a single integrated financial structure so that each may contribute to the total effect—the growth of the economy”. For the lessening of Bihar’s backwardness and growth of the economy the IDBI again conceived the idea to set up third TCO after North Eastern Industrial and Technical Consultancy Organisation Ltd. (NEITCO) in Bihar.
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59. Assertion (A): The Reserve Bank of India is entrusted with the management of the public debt and issue of new loans and treasury bills on behalf of the central and state Governments.
Reasoning (R): The Governor and the Deputy Governors of Reserve Bank of India are appointed by the Central Government.

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60. ________ refers to the process of removing or stripping the legal status of a currency.

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Related Quiz.
July 2018