Economy

Explanation

In the Indian economy, most of the external debt is actually taken on by private sector entities through external commercial borrowing (ECB), making the first statement incorrect. The second statement is also incorrect as not all of India's external debt is in US dollars. According to the Economic Survey 2016-17, US dollar denominated debt made up 55.6% of India's total external debt as of September 2016, followed by Indian rupee, SDR, Japanese Yen, and others. Therefore, the correct answer is option (d) - Neither 1 nor 2.

Explanation

The statement that most of India's external debt is owed by government entities is incorrect. In reality, the majority of the external debt is held by the private sector through external commercial borrowing (ECB). Additionally, while a significant portion of India's external debt is denominated in US dollars, it is not the case that all of it is in US dollars.

Explanation

The Government of India nationalized the coal sector during Indira Gandhi's tenure. Currently, coal blocks are allocated through a lottery system. Until recently, India imported coal to fulfill its shortages. All three statements are correct, making option (d) - 1, 2, and 3 - the correct answer.

Explanation

Among the individuals who criticized colonialism's economic impact in India were Dadabhai Naoroji, G. Subramania Iyer, and R. C. Dutt. They played a significant role in shaping Indian nationalism by creating the world's initial economic critique of colonial rule.

Explanation

Venture capital refers to long-term financial support given to new entrepreneurs or start-up companies in their early stages of development, with high growth potential.

Explanation

Foreign Direct Investment (FDI) in India can be seen in subsidiaries of foreign companies, majority foreign ownership in Indian companies, and companies exclusively funded by foreign entities. It differs from Foreign Portfolio Investment (FPI), which involves investing in financial assets like stocks or bonds in a foreign nation.

Explanation

In the global economy, which of the following pairs is incorrectly matched? (a) JP Morgan Chase: Financial Services (b) Roche Holding AG: Financial Services (c) WL Ross & Co.: Private Equity Firm (d) Warburg Pincus: Private Equity Firm. The correct answer is (b). JP Morgan Chase is an investment banking company, Roche Holding AG is a health care company, WL Ross & Co. is a private equity firm, and Warburg Pincus is also a private equity firm.

Explanation

Participatory Notes (PNs) are instruments utilized by investors or hedge funds not registered with the SEBI (Securities and Exchange Board of India) to invest in Indian securities. This option is associated with Foreign Institutional Investors.

Explanation

The initiative called IndoNext, launched in January 2005, is an alternative trading platform promoted by the Bombay Stock Exchange (BSE) and Regional Stock Exchanges (RSEs).

Explanation

In the year 2001-2002, the software and service industry in India experienced a growth of 26% in rupee terms.

Explanation

The correct statement regarding FEMA in India is that under this law, violation of foreign exchange rules is no longer considered a criminal offense. The Foreign Exchange Regulating Act (FERA) was replaced by the Foreign Exchange Management Act (FEMA) on 1 June, 2000. FERA was provided a sunset clause of one year until 31 May, 2002.

Explanation

In the fiscal year 2000-01, the Bombay Stock Exchange had the highest turnover among the major stock exchanges in India. Specifically, it represented 46.1% of total contracts and 41.1% of total turnover in the derivative segment for that year.

Explanation

India's external debt rose from US $91,158 million in March 2000 to US $100,225 million in March 2001 primarily because of a surge in multilateral and bilateral debt.

Explanation

In 2001, the Prime Minister declared a five-year excise duty break for industries in the Kutch district of Gujarat, which had been severely affected by an earthquake.

Explanation

In 2001, Germany provided India with a $32 million credit specifically designated for oceanographic research.

Explanation

Foreign Direct Investment (FDI) refers to when a foreign company invests in establishing a project in another country. FDI involves a long-term commitment and cannot be withdrawn quickly. Additionally, FDI does not create debt for the host country.

Explanation

Poverty Planning Question: What defines a country as being in a debt trap? Options: (a) needing to borrow to cover interest payments on existing loans (b) being required to meet conditions set by the International Monetary Fund (c) facing rejection for loans or aid from foreign creditors (d) incurring high interest charges from the World Bank on both existing and new loans Correct: (a) Original: Debt Trap occurs when a country takes on additional debt to repay its current debts. Rewritten: A country falls into a debt trap when it must borrow money to pay off the interest on its current loans.

Explanation

When the SENSEX goes up, it indicates the general sentiment of the economy. If it increases, it shows that investors and Foreign Institutional Investors (FIIs) have a positive outlook on the growth of the Indian economy.

Explanation

The table provides indicators of development for various Asian countries. The statement that the life expectancy at birth in India is almost the same as that of Indonesia is false. In reality, India's life expectancy is 62.4 years, while Indonesia's is 64 years.

Explanation

The value of a country's currency in the global market is determined by factors such as the demand for the country's goods and services, the stability of its government, and its economic potential. In this context, a country's export and import levels, along with its political stability, play a significant role in influencing the market price of its currency.

Explanation

In order to avoid future scams in the Indian capital market, the Government of India has given regulatory authority to the Security Exchange Board of India (SEBI).