'Pradhan Mantri jan-Dhan Yojana' has been launched for:

With reference to the Fourteenth Finance Commission, which of the following statements is/are correct?

1. It has increased the share of States in the central divisible pool from 32% to 42%.

2. It has made recommendations concerning sector-specific grants.

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The government of India has established NITI Aayog to replace the:

With reference to 'Financial Stability and Development Council', consider the following statements:

1. It is an organ of NITI Aayog.

2. It is headed by the Union Finance Minister.

3. It monitors the macroprudential supervision of the economy.

Which of the statements given above is/are correct?

With reference to 'Bitcoins' which of the following statements is/ are correct?

1. Bitcoins are tracked by the Central Banks of the countries.

2. Anyone with a Bitcoins address can send and receive Bitcoins from anyone else with a Bitcoin address.

3. Online payments can be sent without either side knowing the identity of the other.

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What is/are the purpose/purposes of the Government's 'Sovereign Gold Bond Scheme' and 'Gold Monetisation Scheme?

1. To bring the idle gold lying with Indian households into the economy.

2. To promote FDI in the gold and jewelry sectors.

3.  To reduce India's dependence on gold imports.

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There has been a persistent deficit budget year after year. Which of the following actions can be taken by the government to reduce the deficit?

1. Reducing revenue expenditure.

2. Introducing new welfare schemes.

3. Rationalising subsidies.

4. Reducing import duty.

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The establishment of 'Payment Banks' is being allowed in India to promote financial inclusion. Which of the following statements is/ are correct in this context?

1. Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks.
2. Payment Banks can issue both credit cards and debit cards.
3. Payment Banks cannot undertake lending activities.

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