Correct Answer : 3 months
The maximum maturity period for Inter Bank Term money is 3 months. The call money has maximum maturity of 14 days.
Correct Answer : Ajay Tyagi
As of 2020, Ajay Tyagi is the chairman of SEBI. The headquarters of SEBI is at Mumbai.
Correct Answer : Competition Commission of India
The Competition Commission of India (CCI) was set up to replace the anachronistic Monopolies and Restrictive Trade Practices Commission (MRTPC). It was established to eliminate practices that adversely affect competition in different industries/areas and protect interests of consumers and ensure freedom of trade. The Competition Act of 2002 called for the creation of CCI. However, it was established in 2003 and became fully functional only by 2009. The CCI is a quasi-judicial body which gives opinions to statutory authorities and also deals with other cases. It has one chairman and six members. It is the youngest and the only cross-sector regulator in India.
Correct Answer : trade-distorting subsidies
Doha round of negotiations has remained stalled since 2008, primarily over the issue of huge trade-distorting subsidies being given to farmers by the rich countries. The fundamental objective of the DDA was to improve trading prospects for developing nations. It included issues such as agriculture, greater market access in industrial products, enhanced foreign direct investments, regulations relating to services trade, trade-related aspects of intellectual property rights, rules on anti-dumping, subsidies and trade facilitation. While India and other developing nations want a reaffirmation to conclude the DDA first, developed countries seek to mostly dilute the negotiations and widen the mandate with new issues, including e-commerce and global value chain.
Correct Answer : Aggregate economic activity
Macroeconomics is a branch of economics that studies how an overall economy the market systems that operate on a large scale behaves. It deals with the performance, structure, behavior, and decision-making of an economy as a whole. Its features are Employment, national income, poverty etc.
Correct Answer : 10%
Agriculture accounts for about 10% of the total export earnings and provides raw material to a large number of Industries (textiles, silk, sugar, rice, flour mills, milk products).
Correct Answer : Maharashtra
Dependence of fuelwood on forests is highest in the State of Maharashtra, whereas, for fodder, small timber and bamboo, dependence is highest in Madhya Pradesh.
Correct Answer : Economic federation
Industrial Policy of 1980 aimed to promote Economic federation. It also aimed to raise the efficiency of the public sector.
Correct Answer : Odisha
Kotpad handloom fabric is a vegetable dyed handloom fabric woven by tribal weavers of the Mirgan community of Kotpad village in Koraput district, Odisha. It recently got GI tag.
Correct Answer : Israel
