Which of the following types of banks have been established in India under differentiated bank-ing?
I. Regional Rural Banks
II. Universal Banks
III. Small Finance Banks
IV. Private Banks
V. Payments Bank
Correct code is -
1) Only I, III and V
2) Only II and IV
3) Only II
4) All I, II, III, IV and V
Which one of the following statements is not correct?
1) Real GDP is calculated by valuing outputs of different years at common prices
2) Potential GDP is the real GDP that the economy would produce if its resources were fully employed
3) Nominal GDP is calculated by valuing outputs of different years at constant prices
4) Real GDP per capita is the ratio of real GDP divided by population