Explore topic-wise InterviewSolutions in Current Affairs.

Answer is (A) Gandhiji

The poet feels glad that he was not a player but only a spectator. He is glad because the risk of injuring himself and others is more if he becomes a player.

1. Pesticides : 

Due to low quality of pesticides, the farmers undergo losses. They are deceived many times in this matter. 

2. Role of Moneylenders : 

Moneylenders lend loans on high rate of interest and there will be a restriction to the farmers to sell the crop production for low price to them only. And they will sell production on higher rates. So moneylenders are benefited from both sides. 

3. Climate : 

Indian farmers depend on monsoon type of climate. They gamble on monsoon. If sufficient rainfall occurs, farmer will go for better situation. And in case of insufficient rainfall – drought may occur. This leads to worst situation. So, we can guess that pesticides, role of moneylenders, and climate make Swapna’s situation so risky.

• Most of the farmers take loans to meet the expenses of cultivation. 
• When crops fail, they cannot repay the loans. 
• Again they take a fresh loan from informal lenders. 
• Finally fallen in debt-trap and this leads to distress among them.

• Financially he may come to a position. 
• For next order, he may not borrow loan.
• There is a possibility of establishing small scale industry. 
• There is a possibility of employment for others also.

• Short-term loans to farmers for raising crops, i.e. crop loans. 
• Medium and long term loans to farmers for agriculture and allied activities. 
• Loans to farmers for pre-harvest and postharvest activities. 
• Loans to farmers upto 25 lakh against pledge/hypothication of agriculture produce.
• Export credit to corporates, partnership figures, and institutions engaged in agriculture. 
• Loans for purchase of agricultures land. 
• Loans to distressed farmers indebted to non-institutional lenders. 
• Bank loans to PACS, FSS, LAMPS, etc. 
• Loans to farmers under Kisan credit card scheme. 
• Export credit to farmers for exporting their own farm produce. 
• Loans to allied activities to agriculture.

No, it is not fair. The SHGs are formed to help the poor. If it charges high interest rates, the same problem of access to credit arises. So it is not fair. The interest rate should be reasonable as bank’s.

Interest rates, collateral and documentation requirement, and the mode of repayment together comprise what is called the terms of credit.

There are two types of sources of credit One formal and the other informal.

• Banks and cooperatives come under formal sources of credit
• The informal lenders are moneylenders, traders, employers, relatives, and friends,

Informal sources of credit are the reason for rural indebtedness.

Commercial banks: All institutions that accept deposits and lend loans and work under the regulations of the Reserve Bank of India are called commercial banks.

Credit from these sources moneylenders, friends, relatives, traders, employers, etc. can be said as informal sources of credit.

The credit from the informal source is the getting loans from the money lenders, relatives and many other therefore it does not have any code of conduct, and they charge any rate of interest which leads to huge cost the borrowers to repay, and lenders can easily exploit the borrowers.

33.1 lakh kms.

• Banks accept the deposits and also pay an amount as interest on the deposits. 
• People have the right to withdraw the money as and when they require. 
• Since the deposits in the bank accounts can be withdrawn on demand, these deposits are called ‘demand deposits’.

Demand deposits Since the deposits in the bank can be withdrawn on demand, these deposits are called demand deposits.

Demand deposits or non-confidential money are funds held in demand accounts in commercial banks. These account balances are usually considered money and form the greater part of the narrowly defined money supply of a country.

Money has made transactions easy because: 

 It can be easily exchanged with any commodity or service. 

It solves the problem of double coincidence of wants. 

It is the perfect store of value. 

It makes economic activities quite independent from each other.

(d) All of the above. 

(d) All of the above.

A person holding money can easily exchange it for commodity or service that he/she might want.

(b) Reserve Bank of India.

The exchange of goods, property, services, etc. for other goods, etc. without using money is known as ‘barter system’.

Since one can withdraw money in cash or make payments by cheque it makes these deposits work like any other form of money such as currency notes.

The exchange of goods among people, states and countries are referred to as a trade.

Importance:

(i) International trade of a country is an index to its economic prosperity.

(ii) It is considered the economic barometer for a country.

(iii) As the resources are space-bound, no country can survive without international trade.

(iv) Countries have trade relations with the major trading blocks.

(v) Exchange of commodities and goods have been superseded by the exchange of information and knowledge.

Banks in India keep 15% of their deposits as cash to repay the depositors. Bank uses the major portion of the deposits to extend loans.

(b) Employment.

Banks accept deposits that can be withdrawn at any moment They work under the R.B.I. Banks honor withdrawals in cash and cheques.

SHG loans are group loans and individual loans are personal loans.

(i) No country in the world is self-sufficient in all its needs. Goods produced by one country are required by the other country and vice-versa. Hence, differences in resources, needs and development among nations creates conditions for international trade between them.

(ii) It helps in exchange of surplus goods with those of deficit countries through foreign trade.

(iii) Foreign trade has helped India to improve its productivity of manufactured goods.

(iv) International trade contributed to India's economic growth, raising income levels of people thus, increasing the foreign exchange reserves.

(v) International trade helps India to import advanced technology of other countries to improve its own production.

To decongest the Mumbai port and serve as a hub port for the region.

1. Bank loans 

2. Cooperative loans 

3. Moneylenders 

4. Relatives

5. Traders 

6. The land owners 

7. The employers, etc

Deposit is the form of savings in which the account holders save their money in their bank account by depositing. Bank also accept the deposit from the account holders and also provide interest rate for depositing, this makes the people save as deposit instead of holding extra cash in hand.

• Demand deposit: Deposit in the bank can be withdrawn by the customer on demand is called demand deposit.
• Fixed deposit: In fixed deposit, the deposit cannot be withdrawn before the term specified. The rate of interest for a fixed deposit will be higher than the demand deposit.
• Recurring deposit: When the depositor deposits the fixed amount every month for a certain period is known as recurring deposit.

The interest rate, collateral, documents required and mode of repayment altogether comprises terms of credit. The terms of credit may vary from one lender to another lender. The interest rate which is specified in terms of credit must be paid by the borrower till the end of the loan agreement. Collateral is an asset that borrower owns. The collateral can be anything that has monetary value in it. The bank demands the collateral for the guarantee against their repayment for the credit. Collateral can be land, building, gold, vehicle, etc. Documents required can be any document that bank needs from the borrower to advance him a loan; it can be income certificate, voter ID card, etc. Mode of repayment must be as per the specification of the bank. Currently, there are many easy modes of payment such as online transfer, UPI payment, bank deposit etc.

Collateral is an asset that borrower owns. The collateral can be anything that has monetary value in it. The bank demands the collateral for the guarantee against their repayment for the credit. Collateral can be land, building, gold, vehicle, etc.

Correct option is (a) China

Correct option is (b) Ajanta

• All commercial banks deposit certain percent of their deposits with the Reserve Bank of India. 
• Next, advances loans to customers. 
• Keeps only 15% of their deposits as cash. 
• If all the depositors want their money back, there will not be any liquid cash with the bank. 
• When banks are unable to pay cash, then immediately people’s trust on the bank is lost.

• In bank deposits, there will be security for the cash as the banks work under the norms of the RBI. Post office also offers good security. Other than post office and banks, the security for deposits is less. 
• There will not be any locking period for the banks. Whereas in societies and other companies, there will be locking period. 
• Premature cancellation is possible with the bank deposits which is not possible for other deposits.

• Banks keep only a small proportion of their deposits as cash with themselves. 
• Banks in India these days hold about 15% of their deposits as cash. 
• This is kept as provision to pay the depositors who might come to withdraw money from the bank on any given day. 
• Banks use the major portion of the deposits to extend loans. 
• There is a huge demand for loans for various economic activities.

There has been a change in the nature of our international trade:

(i) Since 2004-2005, the share of agriculture and allied products, ores and minerals, chemical engineering goods has been increasing.

(ii) Exchange of commodities and goods have been superseded by the exchange of information and knowledge.

(iii) India has emerged as a software giant at international level.

(iv) India is earning large foreign exchange through the export of information technology.

(v) Imports: Commodities imports include petroleum and petroleum products 41.87% and Coal, Coke - 94.1%

Correct option is (c) pearls

King Ashoka sent his son Mahendra and daughter Sanghamitra to Sri Lanka to spread Buddhism.

Nagarjuna had discovered the chemical treatment.

Acids react with metal oxides to form salt and water. 

For example: Copper (II) Oxide, a metal oxide reacts with dilute hydrochloric acid to form copper chloride and water

CuO(s) + 2HCl(aq) → CuCl₂(aq) + H₂O(l)

(i) Al₂O₃ + 6HCl → 2AlCl₃ + 3H₂O

(ii)Al₂O₃ + 2NaOH→ 2NaAlO₂ + H₂O

(i) Because it forms a protective oxide layer around itself preventing complete reaction and also does not affect the food at all.

(ii) Calcium floats over water because the bubbles of hydrogen gas formed sticks on the surface of the metal.

Answer is (A) [(1,-2),(-2,1)]

Answer is (A) 18

Given differential equation can be written as

(xdy + ydx) + log y. dy = 0

or, d(xy) + log y dy = 0 

Integrating we get

∫d(xy) + ∫log y dy = c

xy + y log y - y = c

which is the required solution.

Required = 5!/2!(5 - 2)!

= 5!/(2! x 3!)

= (5 x 4 x 3!)/(2 x 1 x 3!) = 10

(C) is the correct answer. A sequence is a function f : N → X having domain ⊆ N