Current Affairs Question - 02 March 2022

Consider the following statements with reference to the Repo and Reverse Repo Rate:

1. When the RBI needs to pump funds into the system, it lowers the repo rate.
2. Reverse Repo is often used in times of high levels of inflation in the economy.
3. If the repo rate increases, it means banks are getting funds from RBI at a higher cost. This, in turn, will mean that banks will also lend to others at a higher cost.

Which of the statement(s) given above is/are correct?

Consider the following statements:

1. India’s Small Satellite Launch Vehicle (SSLV) named “SSLV-D1 Micro SAT” is scheduled to be launched in April 2022.
   
2. SSLV has three solid propulsion stages and a liquid velocity trimming module as a terminal stage.
3. SSLV has a capability to launch up to 1000 kg satellite mass into 500 km Low Earth Orbit (LEO)

Which of the above statement(s) is/are true?

Consider the following statements:

1. Low Earth Orbit (LEO) encompasses Earth-centred orbits with an altitude of 2,000 km or less.
2. It is considered the area in Earth orbit near enough to Earth for convenient transportation, communication, observation and resupply.
3. This is the area where the International Space Station and many other satellites currently orbit the Earth.

Which of the above statement(s) is/are true?

With reference to the Financial Stability Board (FSB), consider the following statements:

1. It was established in 2006 as the successor to the Financial Stability Forum (FSF).
2. India is an active Member of the FSB having three seats in its Plenary represented by Secretary (EA), Deputy Governor-RBI and Chairman-SEBI.

Which of the above statement(s) is/are correct?