23.6       ndian   onom
         (c) 1, 3 and 4                                       3. The new method of awarding contacts
         (d) 1, 2 , 3 and 4                                       is being first time used in India.
     18. Which of the following statement is correct          4. This can be used for PPP and non-PPP
         about SWIFT which was recently in news?                  projects.
         (a) A global association of banks which             Code:
               guarantees loans across the world.            (a) 1 and 3
         (b) Banks guarantee creditworthiness of a           (b) 1, 2 and 4
               borrower through it.                          (c) 3 and 4
         (c) Letter of Undertaking issued by a bank          (d) 1, 2, 3 and 4
               is guaranteed by this global association.
                                                         22. Select the correct statements from the list
         (d) None of the above.
                                                             given below, using the code:
     19. If interest rate is increased in an economy,           1. Infrastructure sector has the highest
         it will—                                                  share in the non-performing assets of
         (a) increase the consumption expenditure                  the public sector banks in the country,
               in the economy.                                     at the start of the year 2017-18.
         (b) decrease tax collection of government.             2. From 2001 till 2016-17, banks’
         (c) decrease the savings in the economy.                  lending to the infrastructure sector
         (d) decrease the investment expenditure in                has grown annually around 40 per
               the economy.                                        cent.
     20. Arrange the following according to their            Code:
         increasing order of ‘liquidity’, using the          (a) Only 1
         code given below:                                   (b) Only 2
          1. Saving deposits with the banks                  (c) 1 and 2
          2. Currency and coins with the public              (d) Neither 1 nor 2
          3. Demand deposits with the banks
                                                         23. Consider the following statements related
          4. Term deposits with the banks                    to the current provision of using the
        Code:                                                disinvestment proceeds.
         (a) 4-1-3-2                                          1. The allocations out of the NIF will be
         (b) 2-3-4-1                                              decided by the Union Budget.
         (c) 3-4-1-2                                          2. Only the profits accruing out of the
         (d) 1-2-3-4                                              NIF can be used that too only on the
                                                                  social sector.
     21. Swiss Challenge was recently in news. Select
         the correct statements related to it, using          3. During 2013–14, the government
         the code given below:                                    approved allocations from the NIF
          1. It is a method of public procurement                 towards spending on recapitalisation
               through awarding contracts.                        of public sector banks.
          2. Bidders face challenge of improving              4. Fund of the NIF can be used for equity
               upon the first bidder.                             infusion in the Metro projects.