Many times we read about Future Trading in newspapers. What is ‘Future Trading’ ?

(i) It is nothing but a trade between any two stock exchanges wherein it is decided to purchase the stocks of each other on a fixed price throughout the year.
(ii) It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price.
(iii) It is an agreement between stock exchanges that they will not trade the stocks of each other under any circumstances in future or for a given period of time.

Which of the following correctly describes the concept of ‘Nuclear Bank’ floated by International Atomic Energy Agency ?

(i) It is a nuclear fuel bank to be shared by all the nations jointly.
(ii) It is a facility to help nations in enrichment of uranium.
(iii) It is an agency which will keep a close vigil on the nuclear programme of all the nations.

Which of the following groups of countries has almost 50% share in global emission of carbon every year ?

We very frequently read about Special Economic Zones (SEZs) in newspapers. These SEZs were established with which of the following objectives ?

(i) To attract foreign investment directly.
(ii) To protect domestic market
from direct competition from multinationals.
(iii) To provide more capital to agricultural and allied activities.

As we all know Govt. of India collects tax revenue on various activities in the country. Which of the following is a part of the tax revenue of the Govt. ?

(i) Tax on Income
(ii) Tax on Expenditure
(iii) Tax on Property or Capital Asset
(iv) Tax on Goods and Services

Which of the following is not the part of the scheduled banking structure in India ?