366: Consider the following statements regarding Reserve Bank of India :
I. It is a banker to the Central Government.
II. It formulates and administers monetary policy.
III. It acts as an agent of the Government in respect of India's membership of IMF.
IV. It handles the borrowing programme of Government of India.
Which of these statements are correct ?
(a) I and II
(b) II, III and IV
(c) I, II, III and IV
(d) III and IV
367: Assertion (A):
Fiscal deficit is greater than budgetary deficit.
Reason (R):
Fiscal deficit is the borrowings from the Reserve Bank of India plus other liabilities of the Government to meet its expenditure.
(a) Both A and R are true, and R is the correct explanation of A
(b) Both A and R are true, but R is not a correct explanation of A
(c) A is true, but R is false
(d) A is false, but R is true
368: Which of the following taxes is/are levied by the Union and collected and appropriated by the States ?
(a) Stamp Duties
(b) Passenger and Goods Tax
(c) Estate Duty
(d) Taxes on Newspapers
369: Bermuda triangle extends up to which of the following places ?
1. Southern Florida
2. Puerto Rico
3. Hawaii Islands
Select the correct answer using the code given below :
(a) 1, 2 and 3
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1 and 3 only
370: The evidence for the rotation of stars comes mainly from the
(a) Doppler effect
(b) Photoelectric effect
(c) Stark effect
(d) Zeeman effect