Indian Economy

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

Correct Answer

Oudh Commercial Bank

More Questions on Indian Economy

  • Q. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
    A)1986
    B)1982
    C)2006
    D)1975
    Answer: 1975
  • Q. Gilt-edged market means
    A)market of government securities
    B)market of guns
    C)bullion market
    D)market of pure metals
    Answer: market of government securities
  • 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. If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
    A)equal to government income
    B)zero
    C)larger than government income
    D)negative
    Answer: equal to government income
  • Q. Where was first gold refinery established?
    A)Shirpur (Maharashtra)
    B)Bangalore (Karnataka)
    C)Ahmedabad (Gujarat)
    D)Mumbai (Maharashtra)
    Answer: Shirpur (Maharashtra)
  • 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 total number of national highways in the country is:
    A)528
    B)328
    C)228
    D)499
    Answer: E
  • Q. The first multi–purpose river valley project of independent India is:
    A)Damodar
    B)Hirakud
    C)Bhakra-Nangal
    D)Nagarjunasagar
    Answer: Damodar
  • Q. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
    A)will increase
    B)will neither increase nor decrease
    C)will decrease
    D)None of the above
    Answer: will neither increase nor decrease
  • 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. Monopolies and restrictive Trade practices (MRTP) act was passed in:
    A)1969
    B)1971
    C)1970
    D)1968
    Answer: 1969
  • 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. During which five Year plan was phase of heavy industrialization initiated?
    A)First five year plan
    B)Third five year plan
    C)Second five year plan.
    D)Fourth five year plan
    Answer: Second five year plan.
  • Q. India’s share in textiles trade of the world is:
    A)6%
    B)4%
    C)8%
    D)10%
    Answer: 6%
  • 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 concept of zero-based budgeting was given by:
    A)Peter drucker
    B)Jagdish bhagwati
    C)Peter A. Payer.
    D)None of these
    Answer: Peter A. Payer.
  • Q. National Rural Health mission was launched in:
    A)August 2005
    B)October 2005
    C)April 2005
    D)July 2005
    Answer: April 2005
  • Q. Short-term finance is usually for a period ranging up to
    A)10 months
    B)5 months
    C)12 months
    D)15 months
    Answer: 12 months
  • 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. Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to
    A)83 percent
    B)80 percent
    C)90 percent
    D)100 percent
    Answer: 100 percent

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