Indian Economy

Q. A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:

A
Statutory Liquidity Ratio (SLR)
B
Bank rate
C
Cash Reserve Ratio (CRR)
D
Mandatory deposit

Correct Answer

Cash Reserve Ratio (CRR)

More Questions on Indian Economy

  • Q. What was the central theme of the Chipko Movement started by Sunderlal Bahuguna in 1973?
    A)Conservation of river water
    B)Protection of birds
    C)Conservation of Forests
    D)Protection of cheetals
    Answer: Conservation of Forests
  • Q. The number of finance commissions set up upto now is:
    A)14
    B)15
    C)13
    D)16
    Answer: 15
  • Q. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation
    A)I
    B)I, II
    C)I, II, III
    D)II, III, IV
    Answer: I, II, III
  • Q. Reserve Bank of India will soon release plastic notes in circulation will be of :
    A)Rs 20 notes
    B)Rs 50 notes
    C)Rs 100 notes
    D)Rs 10 notes
    Answer: Rs 10 notes
  • Q. Paper currency first started in India in
    A)1542
    B)1601
    C)1861
    D)1880
    Answer: 1861
  • Q. The chairman of 13th finance Commission was:
    A)K C Neogy
    B)Vijay L. Kelkar.
    C)Nand Kishore Singh
    D)Y V Reddy
    Answer: Vijay L. Kelkar.
  • Q. In the World, in the production of cotton, India ranks:
    A)First
    B)Second
    C)Third
    D)Fourth
    Answer: Second
  • Q. The Ex-Officio Secretary of National Development Council is:
    A)General Secretary of Lok Sabha
    B)Secretary of Finance Ministry
    C)Secretary of Planning Commission
    D)Vice Chairman of Planning Commission
    Answer: Secretary of Planning Commission
  • Q. The apex body for formulating plans and coordinating research work in agriculture and allied fields is
    A)Regional Rural Banks
    B)State Trading Corporation
    C)National Bank for Agriculture and Rural Development (NABARD)
    D)Indian Council of Agricultural Research
    Answer: Indian Council of Agricultural Research
  • Q. Monopolies and restrictive Trade practices (MRTP) act was passed in:
    A)1969
    B)1970
    C)1971
    D)1968
    Answer: 1969
  • Q. Fiscal deficit in the Union Budget means
    A)net increase in Union Governments borrowings from the Reserve Bank of India
    B)the sum of budgetary deficit and net increase in internal and external borrowings
    C)the difference between current expenditure and current revenue
    D)the sum of monetized deficit and budgetary deficit
    Answer: the sum of budgetary deficit and net increase in internal and external borrowings
  • Q. The ARDC is now a branch of the
    A)NABARD
    B)IDBI
    C)RBI
    D)SDBI
    Answer: NABARD
  • Q. Project ‘Sankalp’ is associated with the elimination of:
    A)AIDS/HIV
    B)Polio
    C)Both A and B
    D)None of the above
    Answer: AIDS/HIV
  • 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. Which of the following is not a part of machinery that settles industrial disputes?
    A)Works Committee
    B)Wage Court
    C)Conciliation officers
    D)Board of Conciliation
    Answer: Wage Court
  • Q. The first Apparel Park in India has been established in:
    A)Tirupur (Tamil Nadu)
    B)Punalur (Kerala)
    C)Both A and B
    D)None of the above
    Answer: Tirupur (Tamil Nadu)
  • Q. Non Tax revenues can be increased by improving the working of the
    A)electricity boards
    B)commercial irrigation projects
    C)State Road Transport Corporations
    D)All of the above
    Answer: commercial irrigation projects
  • Q. In India, the state which has the largest forest cover is:
    A)Arunachal Pradesh
    B)Madhya Pradesh
    C)Chattisgarh
    D)Odisha
    Answer: Madhya Pradesh
  • Q. The first fully Indian Bank is:
    A)Central Bank of India
    B)Punjab National Bank
    C)Canara Bank
    D)State Bank of India
    Answer: Punjab National Bank
  • Q. During which five Year plan was phase of heavy industrialization initiated?
    A)First five year plan
    B)Second five year plan.
    C)Third five year plan
    D)Fourth five year plan
    Answer: Second five year plan.

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