Sarat Chandra IAS 24th April Quiz Welcome to your Sarat Chandra IAS 24th April Quiz Q1) While computing national income, income of only normal residents of a country is included. In this context, which of the following is an example of `normal residents of India`? Ambassador in India from rest of the world. Ambassador for India in rest of the world. A foreigner working in the office of WHO located in India for a period of less than one year A foreign technical expert working in India for a period of less than one year Q2) Which of the following are the reason for saving-investment gap? If Investment rate has remained stagnant whereas saving rate has declined. When spending of government on physical goods is declining. When decline in investment rate has been lower than the decline in the saving rate. When decline in investment rate has been greater than the decline in the saving rate. Q3) With reference to Green Bonds in India, consider the following statements:1.Green bond is a debt instrument issued for green GDP calculation.2.Both public and private sector banks can issue such bonds.Which of the statement(s) given above is/are correct? 1 only 2 only Both 1 & 2 None Q4) High powered money refers to That money which is issued by the authority of the government. That money, whose money value exceeds commodity value of money. Notes and coins held by the people as well as cash reserves of the commercial banks. That money which is accepted as a medium of exchange because of the trust between the payer and the payee. Q5) With reference to the policies of Lord Dalhousie which of the following statement(s) is/ are correct?1.Formation of Gurkha regiment took place during his period.2.Laid foundation of Indian engineering services.3.First Afghan war was fought during his reign.Select the correct answer using the codes given below 2 only 1 and 2 only 1 and 3 only 1, 2, 3 Time's up