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July 15, 2021 - Daily Quiz
1. Consider the following statements about the Non Performing Assets (NPAs) related to Banking
- The Public Sector banks accounts for more than three-fourth of total NPAs
- 5:25 scheme enables banks to provide longer repayment period to agricultural projects
- Fiscal deficit occurs when the government expenses for the period are lower than its actual revenue
- Revenue deficit is a difference between the revenue expenditure and the revenue receipts of the government treasury
- It ensures constitutional status and protection to the Co-operative societies.
- It gives effect to article 39-A of the Indian Constitution.