1
UPSC Civil Service Prelims Paper I 2021 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?

A
Diversion, of resources to the purchase of real estate and investment in luxury housing
B
Investment in unproductive activities and purchase of precious stones, jewellery, gold, etc
C
Large donations to political parties and growth of regionalism
D
Loss of revenue to the state Exchequer due to tax evasion
2
UPSC Civil Service Prelims Paper I 2021 (General Studies)
MCQ (Single Correct Answer)
+2
-0.66
Change Language

With reference to India, consider the following statements :

1. Retail investors through demat account can invest in ‘Treasury Bills’ and ‘Government of India Debt Bonds’ in primary market.

2. The Negotiated Dealing System Order Matching’ is a government securities trading platform of the Reserve Bank of India.

3. The ‘Central Depository Services Ltd.’ is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange.

Which of the statements given above is/are correct?

A
1 only
B
1 and 2
C
3 only
D
2 and 3
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