{"id":32801,"date":"2024-04-15T09:06:59","date_gmt":"2024-04-15T09:06:59","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=32801"},"modified":"2024-04-15T09:06:59","modified_gmt":"2024-04-15T09:06:59","slug":"arrange-the-events-in-the-ascending-order-of-their-occurrence-1-allowing-convertibility-of-rupee-at-the-market-rate-in-the-current-account-2-nationalisation-of-general-insurance-business-3-estab","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/arrange-the-events-in-the-ascending-order-of-their-occurrence-1-allowing-convertibility-of-rupee-at-the-market-rate-in-the-current-account-2-nationalisation-of-general-insurance-business-3-estab\/","title":{"rendered":"Arrange the events in the ascending order of their occurrence. 1. Allowing convertibility of rupee at the market rate in the current account. 2. Nationalisation of general insurance business. 3. Establishment of IDBI. 4. Nationalisation of life insurance business. 5. Capital adequacy norms for commercial banks."},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a98e35dba5b5\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    4, 3, 2, 1, 5                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    5, 4, 3, 2, 1                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    1, 2, 3, 5, 4                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"true\">\r\n                    1, 5, 2, 4, 3                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is D.<\/p>\n<ol>\n<li>Allowing convertibility of rupee at the market <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> rate in <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> the current account was done in 1994.<\/li>\n<li>Nationalisation of general insurance business was done in 1972.<\/li>\n<li>Establishment of IDBI was done in 1964.<\/li>\n<li>Nationalisation of life insurance business was done in 1956.<\/li>\n<li>Capital adequacy norms for commercial banks were introduced in 1991.<\/li>\n<\/ol>\n<p>The following is a brief explanation of each option:<\/p>\n<ul>\n<li>Option A: This option is incorrect because it places the nationalisation of life insurance business before the establishment of IDBI. The nationalisation of life insurance business was done in 1956, while the establishment of IDBI was done in 1964.<\/li>\n<li>Option B: This option is incorrect because it places the introduction of capital adequacy norms for commercial banks before the allowing convertibility of rupee at the market rate in the current account. The introduction of capital adequacy norms for commercial banks was done in 1991, while the allowing convertibility of rupee at the market rate in the current account was done in 1994.<\/li>\n<li>Option C: This option is incorrect because it places the nationalisation of general insurance business after the allowing convertibility of rupee at the market rate in the current account. The nationalisation of general insurance business was done in 1972, while the allowing convertibility of rupee at the market rate in the current account was done in 1994.<\/li>\n<li>Option D: This option is the correct answer because it places the events in the ascending order of their occurrence.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[699],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Arrange the events in the ascending order of their occurrence. 1. Allowing convertibility of rupee at the market rate in the current account. 2. Nationalisation of general insurance business. 3. Establishment of IDBI. 4. 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