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. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
    A)decrease it
    B)no impact
    C)increase it
    D)None of the above
    Answer: increase it
  • Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
    A)Hindustan Commercial Bank
    B)Punjab National Bank
    C)Oudh commercial Bank.
    D)Punjab and Sind Bank
    Answer: Oudh commercial Bank.
  • 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. The Money Order system in India was introduced in the year :
    A)1880
    B)1882
    C)1999
    D)1904
    Answer: 1880
  • Q. Who gave the call for Evergreen Revolution?
    A)Verghese Kurien
    B)M. S. Swaminathan
    C)Tribhuvandas Patel
    D)H. M. Dalaya
    Answer: M. S. Swaminathan
  • Q. In India, inflation measured by the
    A)Consumers Price Index for urban non-manual workers
    B)Consumers Price Index for agricultural workers
    C)Wholesale Price Index number
    D)National Income Deflation
    Answer: Wholesale Price Index number
  • Q. Rice, Millet (Jawar-Bajra ), Maize and cotton is the group which belongs to:
    A)Kharif crop
    B)Both A and B
    C)Rabi crop
    D)None of the above
    Answer: Kharif crop
  • Q. Which of the following is not an undertaking under the administrative control of Ministry of Railways?
    A)Konkan Railway Corporation Limited
    B)Container Corporation of India Limited
    C)Indian Railways Construction Company Limited
    D)Diesel Locomotive Works, Varanasi
    Answer: Indian Railways Construction Company Limited
  • Q. The condition of indirect taxes in the country’s revenue is approximately
    A)75 percent
    B)70 percent
    C)80 percent
    D)86 percent
    Answer: 86 percent
  • Q. In India, the first bank of limited liability managed by Indians and founded in 1881 was
    A)Oudh Commercial Bank
    B)Punjab National Bank
    C)Hindustan Commercial Bank
    D)Punjab and Sind Bank
    Answer: Oudh Commercial Bank
  • Q. The first national commission on labours was constituted on:
    A)December 24, 1967
    B)November 24, 1966
    C)December 24, 1966.
    D)November 24, 1967
    Answer: December 24, 1966.
  • Q. Asia’s first Export processing Zone (EPZ) was established in:
    A)Cochin
    B)Surat
    C)Kandla
    D)Chennai
    Answer: Kandla
  • Q. One of the reasons for India’s occupational structure remaining more or less the same over the years has been that
    A)productivity in agriculture has been high enough to induce people to stay with agriculture
    B)ceiling on land holdings have enabled more people to own land and hence their preference to stay wit
    C)investment pattern has been directed towards capital intensive industries
    D)people are largely unaware of the significance of transition from agriculture to industry for econom
    Answer: investment pattern has been directed towards capital intensive industries
  • Q. Gilt-edged market means
    A)market of government securities
    B)bullion market
    C)market of guns
    D)market of pure metals
    Answer: market of government securities
  • Q. In the second nationalization of commercial banks, ___ banks were nationalized.
    A)5
    B)4
    C)6
    D)8
    Answer: 6
  • Q. Aam Admi Bima Yojana was launched on:
    A)March 5, 2009
    B)March 10, 2008
    C)November 14, 2011
    D)October 2, 2007
    Answer: October 2, 2007
  • 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. Gross domestic capital formation is defined as
    A)expenditure incurred on physical assets only
    B)flow of expenditure devoted to increased or maintaining of the capital stock
    C)production exceeding demand
    D)net addition to stock after depreciation
    Answer: net addition to stock after depreciation
  • 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. 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, III
    C)I, II, III
    D)I, II
    Answer: I, II

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