ECONOMY Flashcards
(203 cards)
BARGARH 2G BIO REFINERY SITE IS LOCATED IN?
ODISHA
WHAT IS UNIQUE ABOUT BARGARH 2G BIO REFINERY?
THE PLANT IS THE FIRST OF ITS KIND IN THE WORLD WITH RICE BASED 1G AND 2G BIO ETHANOL PRODUCTION.
HOW MUCH ETHANOL WILL BARGARH 2G BIO REFINERY PRODUCE?
100 KILOLITRES PER DAY OF 1G ETHANOL (FROM RICE GRAIN)
100 KILOLITRES PER DAY OF 2G ETHANOL (FROM RICE STRAW)
SCORES IS A GRIEVANCE REDRESSAL SYSTEM OF WHICH BOARD?
SEBI
1ST GENERATION BIO FUEL?
HIGH CARBON CONTENT.
MADE FROM EDIBLE ITEMS EG SUGAR, CORNSTARCH ETC.
2nd GENERATION BIO FUEL?
GHG CONTENT LESS THAN 1st GENERATION.
MADE FROM LEFTOVER OF FOOD CROPS eg RICE HUSK, WOOD CHIPS etc.
3rd GENERATION BIO FUEL?
CARBON NEUTRAL CO2 EMITTED=CO2 SEQUESTRATED.
PRODUCED USING MICROORGANISMS eg ALGAE.
4th GENERATION BIO FUEL?
MADE FROM GENETICALLY MODIFIED CROPS.
CARBON NEGATIVE.
WHAT IS 6-5-8 SYNDROME?
SATISFACTION WITH
6 PER CENT GROWTH
5 PERCENT INFLATION
8 PERCENT UNEMPLOYMENT
SOVEREIGN GOLD BOND SCHEME WAS LAUNCHED BY WHEN AND UNDER?
BY GOVERNMENT
IN NOVEMBER 2015
UNDER GOLD MONETIZATION SCHEME.
WHAT ARE SOVEREIGN GOLD BONDS?
THEY ARE GOVERNMENT SECURITIES DENOMINATED IN GRAMS OF GOLD.
OBJECTIVE OF SOVEREIGN GOLD BOND SCHEME?
1 TO REDUCE BUYING PHYSICAL GOLD.
2 TO MOBILIZE GOLD HELD BY HOUSEHOLDS AND FACILITATE ITS USE FOR PRODUCTIVE PURPOSES IN ORDER TO REDUCE THE COUNTRY’S RELIANCE ON THE IMPORT OF GOLD.
ISSUANCE OF SOVEREIGN GOLD BOND SCHEME IS DONE BY?
ISSUED BY RESERVE BANK OF INDIA ON BEHALF OF THE GOVERNMENT OF INDIA.
ISSUANCE FORM OF SOVEREIGN GOLD BONDS?
SOVEREIGN GOLD BONDS WILL BE ISSUED AS GOVERNMENT OF INDIA STOCK UNDER GOVERNMENT SECURITIES ACT, 2006. THE INVESTORS WILL BE ISSUED A CERTIFICATE OF HOLDING FOR THE SAME.
CONVERTIBILITY OF SOVEREIGN GOLD BONDS?
SGBs WILL BE ELIGIBLE FOR CONVERSION INTO DEMAT FORM.
ELIGIBILITY OF SOVEREIGN GOLD BOND SCHEME?
SGBs ARE RESTRICTED FOR SALE TO RESIDENT INDIVIDUALS, HUFs, TRUSTS, UNIVERSITIES AND CHARITABLE INSTITUTIONS.
MATURITY PERIOD OF SOVEREIGN GOLD BOND SCHEME?
TENOR IS OF 8 YEARS WITH AN OPTION OF PREMATURE REDEMPTION AFTER 5TH YEAR TO BE EXERCISED ON THE DATE ON WHICH INTEREST IS PAYABLE.
DENOMINATION IN SOVEREIGN GOLD BOND SCHEME?
DENOMINATION IN MULTIPLE OF GRAMS OF GOLD WITH A BASIC UNIT OF ONE GRAM.
MINIMUM SIZE IN SOVEREIGN GOLD BOND SCHEME?
1 GRAM.
MAXIMUM LIMIT IN SOVEREIGN GOLD BOND SCHEME?
4 KG FOR INDIVIDUAL
4 KG FOR HUF
20 KG FOR TRUSTS AND SIMILAR ENTITIES PER FISCAL YEAR (APRIL-MARCH) NOTIFIED BY THE GOVERNMENT FROM TIME TO TIME.
ISSUE PRICE OF SOVEREIGN GOLD BOND SCHEME?
WILL BE FIXED IN INDIAN RUPEES ON THE BASIS OF THE SIMPLE AVERAGE OF THE CLOSING PRICE OF GOLD OF 999 PURITY PUBLISHED BY THE INDIAN BULLION AND JEWELERS ASSOCIATION LIMITED (IBJA) FOR LAST 3 WORKING DAYS OF THE WEEK PRECEDING THE SUBSCRIPTION PERIOD.
SALES CHANNEL OF SOVEREIGN GOLD BOND SCHEME?
- SCHEDULED COMMERCIAL BANKS EXCEPT: SMALL FINANCE BANKS, PAYMENT BANKS AND REGIONAL WON’T BE SELLING THESE BONDS.
- STOCK HOLDING CORPORATION OF INDIA LIMITED (SHCIL).
- CLEARING CORPORATION OF INDIA LIMITED (CCIL), DESIGNATED POST OFFICES (AS MAY BE NOTIFIED) AND
- RECOGNIZED STOCK EXCHANGES- NATIONAL STOCK EXCHANGE OF INDIA LIMITED AND BOMBAY STOCK EXCHANGE LIMITED EITHER DIRECTLY OR THROUGH AGENTS.
INTEREST RATE OF SOVEREIGN GOLD BOND SCHEME?
2.50 PERCENT PER ANNUM PAYABLE SEMI ANNUALLY ON THE NOMINAL VALUE.
CAN WE USE SGBs AS COLLATERAL FOR LOANS?
YES. THE LOAN TO VALUE (LTV) RATIO WILL BE AS APPLICABLE TO ANY ORDINARY GOLD LOAN, MANDATED BY THE RESERVE BANK FROM TIME TO TIME.