UPSC 2015 › Indian Economy › Banking & Financial Sector

2 questions · 2015 · answers as per the UPSC key

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UPSC 2015 · Q65 · Indian Economy › Banking & Financial Sector · Save

'Basel III Accord' or simply 'Basel III', often seen in the news, seeks to

(a) develop national strategies for the conservation and sustainable use of biological diversity
(b) improve banking sector's ability to deal with financial and economic stress and improve risk management
(c) reduce the greenhouse gas emissions but places a heavier burden on developed countries
(d) transfer technology from developed countries to poor countries to enable them to replace the use of chlorofluorocarbons in refrigeration with harmless chemicals
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Answer: (b) improve banking sector's ability to deal with financial and economic stress and improve risk management
UPSC 2015 · Q100 · Indian Economy › Banking & Financial Sector · Save

With reference to the Indian Renewable Energy Development Agency Limited (IREDA), which of the following statements is/are correct?

  1. It is a Public Limited Government Company.
  2. It is a Non-Banking Financial Company.

Select the correct answer using the code given below.

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
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Answer: (c) Both 1 and 2