Q. In India, the first bank of limited liability managed by Indians and founded in 1881 was

Correct Answer

Oudh Commercial Bank

More Questions on Indian Economy

  • Q. Which of the following is not viewed as a national debt?
    A)Life Insurance Policies
    B)National Saving Certificate
    C)Provident Fund
    D)Long-term Government Bonds
    Answer: National Saving Certificate
  • Q. Resurgent India bonds were issued in US dollar, Pound Sterling and
    A)Deutsche Mark
    B)Japanese Yen
    C)Euro
    D)French Franc
    Answer: Deutsche Mark
  • Q. SEBI which was established in April 1988 stands for:
    A)Securities and Exchange Board of India
    B)Securities and Exchange Bureau of India
    C)Share and Exchange Board of India
    D)Security and Economic Board of India
    Answer: Securities and Exchange Board of India
  • Q. In the World, in the production of cotton, India ranks:
    A)First
    B)Third
    C)Second
    D)Fourth
    Answer: Second
  • Q. National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
    A)September 2003
    B)November 2004
    C)October 2004
    D)January 2004
    Answer: November 2004
  • Q. In the state of India, the State Financial Corporation have given assistance mainly to develop
    A)cottage industry
    B)large-scale industries
    C)agricultural farms
    D)medium and small-scale industries
    Answer: medium and small-scale industries
  • Q. Which of the following is the most appropriate cause of export surplus?
    A)Country's stringent import policy
    B)Country's exports promotion value
    C)Developments in national and international markets
    D)None of the above
    Answer: Developments in national and international markets
  • Q. Indian state with highest road length is:
    A)Uttar Pradesh
    B)Maharashtra
    C)Rajasthan
    D)Andhra Pradesh
    Answer: Maharashtra
  • Q. In India, the second largest provider of employment after agriculture is:
    A)Chemical Sector
    B)Iron and Steel Sector
    C)Textile Sector
    D)Telecommunication sector
    Answer: Textile Sector
  • Q. On July 12, 1982, the ARDC was merged into
    A)NABARD
    B)RBI
    C)EXIM Bank
    D)None of the above
    Answer: NABARD
  • Q. In the world in terms of Railway Network system India ranks:
    A)first
    B)fourth
    C)second
    D)third
    Answer: fourth
  • Q. National Electricity Policy envisages elimination of power shortage by 2012 through addition of:
    A)75000 Megawatt
    B)50000 Megawatt
    C)100000 Megawatt.
    D)125000 Megawatt
    Answer: 100000 Megawatt.
  • Q. Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections
    A)II, III
    B)I, II, III
    C)I, III
    D)I, II
    Answer: I, II
  • Q. During which five year plan was the annual growth rate registered at 2.5%?
    A)First Five Year Plan (1961-66)
    B)Fourth Five Year Plan (1961-66)
    C)Second Five Year Plan (1961-66)
    D)Third Five Year Plan (1961-66)
    Answer: Third Five Year Plan (1961-66)
  • Q. The ARDC is now a branch of the
    A)NABARD
    B)RBI
    C)IDBI
    D)SDBI
    Answer: NABARD
  • Q. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
    A)1986
    B)2006
    C)1982
    D)1975
    Answer: 1975
  • Q. Inflation is measured in India on the basis of which ‘Index’?
    A)Consumer Price Index for urban workers
    B)Consumer Price Index for agricultural workers
    C)Wholesale Price Index
    D)National income deflation
    Answer: Wholesale Price Index
  • Q. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
    A)Services sector
    B)Chemicals other than fertilizers
    C)Food processing
    D)Telecommunication
    Answer: Telecommunication
  • Q. The Foreign Exchange Management Act(FEMA) was passed in:
    A)the year 2005
    B)the year 1999
    C)the year 2000
    D)the year 2002
    Answer: the year 1999
  • Q. In India, the state which has the largest forest cover is:
    A)Arunachal Pradesh
    B)Chattisgarh
    C)Madhya Pradesh
    D)Odisha
    Answer: Madhya Pradesh

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