Sixth bi-monthly monetary policy review 2015-16 and PC & PNDT Act, 1994

1. Following the recommendation of Tax Administration Reform commission, the newly created Tax Policy Research Unit will be headed by:
   1. Finance Minister
   2. Governor of RBI
   3. Chief Economic Advisor
   4. Prime Minister
       
2. What is the current Repo Rate and Cash Reserve Ratio as per the sixth bi-monthly monetary policy review 2015-16?
   1. 6.75%  and 4% respectively
   2. 6.5%  and 4% respectively
   3. 4%  and 6.75% respectively
   4. 7%  and 4% respectively
       
3. What is the projected rate of growth by RBI as per the sixth bi-monthly monetary policy review 2015-16?
   1. 7.1%
   2. 7.4%
   3. 7.6%
   4. 5.5%
       
4. The committee to oversee the refund to investors in pearls group ponzi case is headed by:
   1. Dr. Raghuram Rajan
   2. Justice R.M. Lodha
   3. Mr. C. Rangarajan
   4. Mr. Arvind Panagariya
       
      The Pre-Conception And Pre Natal Diagnostic Techniques (Prohibition of Sex Selection) Act, 1994
       
5. Who of the following is not liable under the PC & PNDT Act, 1994?
   1. Pregnant women herself
   2. Doctors/persons who perform the tests
   3. Husband/relatives of the pregnant women
   4. All of the above are liable
       
6. Penalties under the act has been prescribed for:
   1. Doctors/owners of clinic
   2. Husband/family members
   3. None of the above
   4. Both a and b
       

Answers:

1. a
2. a
3. c
4. b
5. a
6. d

References

Sixth bi-monthly monetary policy review 2015-16: https://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=36124

PC & PNDT Act, 1994: http://pndt.gov.in/index1.asp?linkid=25