Economy

2 questions

• 2020 · Question 60 · Financial Markets

  In India, under cyber insurance for individuals, which of the following benefits are generally covered, in addition to payment for the loss of funds and other benefits ? 1. Cost of restoration of the computer system in case of malware disrupting access to one’s computer 2. Cost of a new computer if some miscreant wilfully damages it, if proved so 3. Cost of hiring a specialized consultant to minimize the loss in case of cyber extortion 4. Cost of defence in the Court of Law if any third party files a suit Select the correct answer using the code given below :

  Choose your answer

  (a)1, 2 and 4 only(b)1, 3 and 4 only(c)2 and 3 only(d)1, 2, 3 and 4

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  Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)

• 2020 · Question 70 · Financial Markets

  With reference to the Indian economy, consider the following statements : 1. ‘Commercial Paper’ is a short-term unsecured promissory note. 2. ‘Certificate of Deposit’ is a long-term instrument issued by the Reserve Bank of India to a corporation. 3. ‘Call Money’ is a short-term finance used for interbank transactions. 4. ‘Zero-Coupon Bonds’ are the interest bearing short-term bonds issued by the Scheduled Commercial Banks to corporations. Which of the statements given above is/are correct ?

  Choose your answer

  (a)1 and 2 only(b)4 only(c)1 and 3 only(d)2, 3 and 4 only

  Show answer

  Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)