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Consider the following statements.

(I) The sided bond scheme has an annual cap of 500 grams per person and such bond will be issued for 5-7 years.
(II) Minimum permissible investment in these bonds is 20 grams of gold.
(III) The main objectives of the scheme are to reduce the demand for physical gold.

Which of the following is are correct?


Who releases the data of IIP (Index of Industrial production)?


Consider the following statements.

(I) All Micro Finance Institutions comes under the regulation of MUDRA Bank.
(II) Government has approved conversion of MUDRA Ltd. in to MUDRA-SIDBI Bank.
(III) Mudra scheme provides refinance for three types of loans i.e. Shishu Loan, Kishor Loan and Trun Loan.

Which of the following statement is/ are correct?


Choose the correct alternative from the following:

Assertion (A): Government increases the import duty on any goods to protect the interest of domestic goods market.
Reason (R): Due to the increment in import duty, imported goods becomes costlier then the domestic goods. So comparatively   demand of domestic goods will increases in the market due to cheaper rate.


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