Why is the offering of 'teaser loans' by commercial banks a cause of economic concern? 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units. Which of the statements given above is/ are correct?

  1. Home
  2. Back

General knowledge(GK) - Online Exam Test Papers | General knowledge(GK) - MCQs[multiple choice questions and answers ] | General knowledge(GK) - Mock Test Papers | General knowledge(GK) - Practice Papers | General knowledge(GK) - Sample Test Papers |

Question:
 Why is the offering of 'teaser loans' by commercial banks a cause of economic concern?
1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.
2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units.
Which of the statements given above is/ are correct?

1.1 only

2.2 only

3.Both 1 and 2

4.Neither 1 nor 2

Posted Date:-2022-01-29 09:57:08

More MCQS Questions and answers

  1. A brownfield expansion broadly refers to -
  2. Consider the following statements regarding Serious Fraud Investigation Office (SFIO) - 1. It is a statutory investigation agency in India. 2. It falls under the jurisdiction of the Ministry of Corporate Affairs. Which of the statements given above is/ are correct?
  3. Deposit Insurance and Credit Guarantee Corporation (DICGC) has been permitted to increase Deposit Insurance Coverage for a depositor, which is now Rs. one lakh to -
  4. Form 16A, a TDS certificate, is not issued to -
  5. If a commodity is provided free to the public by the Government, then -
  6. If a commodity is provided free to the public by the Government, then -
  7. In the context of India, which of the following factors is/ are contributor/ contributors to reducing the risk of a currency crisis ? 1. The foreign currency earnings of India's IT sector. 2. Increasing the government expenditure. 3. Remittances from Indians abroad. Select the correct answer using the code given below :
  8. In the context of India, which of the following factors is/ are contributor/ contributors to reducing the risk of a currency crisis ? 1. The foreign currency earnings of India's IT sector. 2. Increasing the government expenditure. 3. Remittances from Indians abroad. Select the correct answer using the code given below :
  9. In the United State of America, the 144A Market refers to a market for -
  10. International Financial Centre, first of its kind in India, is established in which state?
  11. NABARD was set up with an initial capital of -
  12. NITI Ayog has replaced Planning commission, which for mulates India's Five Year Plan. How is NITI Ayog different from planning commission - 1. NITI Ayog acts as 'Think Tank' of Government of India, providing both directional and policy inputs. 2. NITI Ayog has power to allocate financial resources to states unlike planning commission. Which of the statements given above is/ are correct?
  13. NITI Ayog has replaced Planning commission, which for mulates India's Five Year Plan. How is NITI Ayog different from planning commission - 1. NITI Ayog acts as 'Think Tank' of Government of India, providing both directional and policy inputs. 2. NITI Ayog has power to allocate financial resources to states unlike planning commission. Which of the statements given above is/ are correct?
  14. Receipts in budget can be capital or revenue. Which of these is/ are capital receipts? 1. Loan recoveries 2. Provident funds deposits 3. Grants Select the correct answer using the codes given below :
  15. The 'Honey Mission' initiative of the Government of India aimed at production of healthy honey and wax is being implemented through -
  16. The labour force can be defined as -
  17. The labour force can be defined as -
  18. The labour force can be defined as -
  19. The lowering of Bank Rate by the Reserve Bank of India leads to (2011) -
  20. Triffin Paradox is related to -
  21. Which among the following is the method to estimate the poverty line in India?
  22. Which are the BRIC countries?
  23. Which Ministry of Government of India is related for India's Foreign Trade Policy?
  24. Which Ministry of Government of India is related for India's Foreign Trade Policy?
  25. Which of the following is not a non-cash expenditure for a company?
  26. Which of the following taxes is also known as Google Tax?
  27. Why is the offering of 'teaser loans' by commercial banks a cause of economic concern? 1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units. Which of the statements given above is/ are correct?
  28. ........ occurs when people are willing to work, but the people searching for work are not qualified for the job.
  29. A 'closed economy' is an economy in which -
  30. A tax-exempt bond, issued by federally qualified organizations or by municipalities for the development of brownfield sites, is known as -
  31. Agriculture employs upto what per cent of the Indian Population?
  32. All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the -
  33. Arrange the following Committees formed for small scale sector in a chronological order and select the correct answer from the codes given below - I. Nayak Committee II. Abid Hussain Committee III. S.S. Kohli Committee IV. Karve Committee Codes :
  34. Arrange the following Committees formed for small scale sector in a chronological order and select the correct answer from the codes given below - I. Nayak Committee II. Abid Hussain Committee III. S.S. Kohli Committee IV. Karve Committee Codes :
  35. As on October 2019, how many Maharatna Companies are in India?
  36. Consider the following sentences regarding Crypto-currency. 1. Crypto-currency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. 2. Users must reach a consensus about crypto-currency's value and use it as an exchange medium. 3. It is tied to a particular country, its value is controlled by a central bank. Which of the above sentence(s) is/ are incorrect?
  37. Despite being a high saving economy, capital formation may not result in significant increase in output due to -
  38. Foreign Exchange reserves in India are managed by -
  39. In which year was accounting separated from auditing and Comptroller and Auditor General's task only remained confined to auditing the Government Accounts?
  40. Increase is absolute and per capital real GNP does not connote a higher level of economic development, if -
  41. MDR is a free charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments. MDR stands for -
  42. Multidimensional poverty index includes : 1. Health 2. Education 3. Living Standard Select correct answer from the codes given below :
  43. Name the bank which has deployed Robotic Arms for currency sorting at its chests.
  44. National income can be increased by -
  45. National Social Assistance Programme does not include the following scheme for 'Below Poverty Line' households -
  46. Operation Twist is related to -
  47. Outcome focused schemes for vocational education and training SANKALP and STRIVE launched by the Government of India, are supported by the -
  48. Physical Quality of Life Index (PQLI) is developed by -
  49. Poyais is a fictional -
  50. The Dependency Ratio in India is declining because -
  51. The Dependency Ratio in India is declining because -
  52. The economic cost of food grains to the Food Corporation of India is Minimum Support Price and bonus (if any) paid to the farmers plus -
  53. The Economic Survey is complied by -
  54. The Global Livability Index has been released by -
  55. The purest form of the income of the nation is -
  56. The Reserve Bank of India has given the final approval for the merger of district co-operative banks in?
  57. There has been a persistent deficit budget year after year. Which action/ actions of the following can be taken by the Government to reduce the deficit ? 1. Reducing revenue expenditure 2. Introducing new welfare schemes 3. Rationalizing subsidies 4. Reducing import duty Select the correct answer using the code given below :
  58. Tools for navigating the economy in a constant state of disequilibrium are - I. Change in modeling approaches II. Measurement of new concepts III. Micro data IV. Both stocks and flows Correct code is :
  59. Tools for navigating the economy in a constant state of disequilibrium are - I. Change in modeling approaches II. Measurement of new concepts III. Micro data IV. Both stocks and flows Correct code is :
  60. UN-Habitat is the United Nations programme working towards a better urban future. Where is the headquarters of UN-Habitat?
  61. What is the difference between 'vote-on-account' and 'interim budget'? 1. The provision of a 'vote-on- account' is used by a regular Government, while an 'interim budget' is a provision used by a caretaker Government. 2. A 'vote-on-account' only deals with the expenditure in Government's budget, while an "interim budget" includes both expenditure and receipts. Which of the statements; given above is/ are correct?
  62. What is the full form of EPCG?
  63. What is the full form of EPCG?
  64. What kind of unemployment is found in the agriculture sector of India?
  65. Where is the headquarters of Credit Saison India, which has received a non-banking financial company (NBFC) licence from the Reserve Bank of India?
  66. Where is the headquarters of Lakshmi Vilas Bank situated?
  67. Which is the correct statement with reference to the recently launched e-RAKAM portal?
  68. Which of the following is a direct tax?
  69. Which of the following is a Nodal Institution for implementation of Sustainable Development Goals in India?
  70. Which of the following is not included in the assets of a commercial bank in India ?
  71. Which of the following is the correct statement regarding the new Open Acreage Licensing Policy for Oil and Gas Exploration?
  72. Which of the following is the main function of National Development Council in India?
  73. Which of the following Prime Ministers of India, is regarded as the Father of Economic Reforms?
  74. Which of the following tax is not included in Goods and Services Tax (GST)?
  75. Which one of the following programmes was initiated during the Sixth Five-Year Plan?
  76. Which one of the following statements correctly describes the meaning of legal tender money?
  77. Which organisation has constituted a working group on Social Stock Exchanges (SSE) under the chairmanship of Ishaat Hussain, Director, SBI Foundation?
  78. Who has propounded the concept of Limit to Growth?
  79. With reference to the functions of Public Sector in India, which of the following statements is/ are correct? I. To provide public utility resources. II. To build social and economic overhead capital. III. To ensure balanced regional and sectoral growth. IV. To pursue egalitarian goals. Select the correct answer using the codes given below :
  80. World Investment report is brought out by -
Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!