2351: When the annual Union Budget is not passed by the Lok Sabha,
(a) The Union Finance Minister is asked to resign
(b) The Budget is referred to the Rajya Sabha for suggestions
(c) The Budget is modified and presented again
(d) The Prime Minister submits the resignation of Council of Ministers
2352: What was the purpose of Inter-Creditor Agreement signed by Indian banks and financial institutions recently?
(a) To lessen the Government of Indias perennial burden of fiscal deficit and current account deficit
(b) To support the infrastructure projects of Central and State Governments
(c) To act as independent regulator in case of applications for loans of RS 50 crore or more
(d) To aim at faster resolution of stressed assets of Rs 50 crore or more which are under consortium lending
2353: Two taps can fill a tank separately in 20 minutes and 30 minutes respectively. If both the taps are opened simultaneously, then the tank can be filled in:
(a) 50 minutes
(b) 15 minutes
(c) 12 minutes
(d) 10 minutes
2354: Which of the following are the main causes of slow rate of growth of per capital income In India?
I. High capital-output ratio
II. High rate of growth of population
III. High rate of capital formation
IV. High level of fiscal deficits
Select the correct answer from the codes given below:
Codes:
(a) I, II, III and lV
(b) II, III and IV
(c) I and IV
(d) I and II
2355: Consider the following statements:
1. Liquefied Natural Gas (LNG) is liquefied under extremely cold temperatures and high pressure to facilitate storage or transportation in specially designed vessels.
2. First LNG terminal in India was built in Hassan.
3. Natural Gas Liquids (NGL) are separated from LPG and these include ethane, propane, butane and natural gasoline.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 and 3
(c) 1 and 3
(d) 1, 2 and 3