Current Affairs MCQ for UPSC Exams – 03 October 2015

 Current Affairs MCQ for UPSC Exams – 03 October 2015

:: Business ::

1. Consider the following statements

1. The Reserve Bank had granted in-principle approval to 11 applicants, including DoP, in August to set up payments banks.
2. As per RBI guidelines, payments banks would offer a limited range of products such as demand deposits and remittances

Which of the above statements is/are true

1.only 1
2.only 2
3.neither 1 nor 2
4.both 1 & 2

2. consider the following statements

1.Rajasthan tops the table in solar capacity addition with the state contributing 1,175 MW capacity.
2. Gujarat is ranked number three in solar capacity addition

Which of the above statements is/are true

1.only 1
2.only 2
3.neither 1 nor 2
4.both 1 & 2

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