Indian Economy

Q. In the second nationalization of commercial banks, ___ banks were nationalized.

A
5
B
4
C
6
D
8

Correct Answer

6

More Questions on Indian Economy

  • 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. Which of the following items would not appear in a company’s balance sheet?
    A)Total issued capital
    B)Revenue from sales of the company's products
    C)Value of stocks of raw materials held
    D)Cash held at the bank
    Answer: Revenue from sales of the company's products
  • Q. The share of road transport in total transportation of the country is:
    A)70%
    B)60%
    C)75%
    D)80%
    Answer: 80%
  • 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
  • Q. Income tax in India was introduced by:
    A)James Wilson
    B)Nicholas Kaldor
    C)William Jones
    D)Mahavir Tyagi
    Answer: James Wilson
  • 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. Project ‘Sankalp’ is associated with the elimination of:
    A)AIDS/HIV
    B)Both A and B
    C)Polio
    D)None of the above
    Answer: AIDS/HIV
  • Q. In the World, in the production of cotton, India ranks:
    A)First
    B)Second
    C)Third
    D)Fourth
    Answer: Second
  • Q. Asia’s first Export processing Zone (EPZ) was established in:
    A)Cochin
    B)Kandla
    C)Surat
    D)Chennai
    Answer: Kandla
  • Q. Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to
    A)SBI
    B)ARDC
    C)NABARD
    D)PACs
    Answer: NABARD
  • Q. Open market operation is a part of:
    A)Debit Policy
    B)Credit Policy
    C)Deposit Policy
    D)None of these
    Answer: Credit Policy
  • Q. The number of finance commissions set up upto now is:
    A)14
    B)13
    C)15
    D)16
    Answer: 15
  • Q. Subsidies mean
    A)payment made by business enterprises to factors of production
    B)payment made by companies to shareholders
    C)payment by government for purchase of goods and services
    D)payment made by the government to business enterprises, without buying any goods and services
    Answer: payment made by the government to business enterprises, without buying any goods and services
  • 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. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
    A)decrease it
    B)increase it
    C)no impact
    D)None of the above
    Answer: increase it
  • Q. The national food for work programme was launched in:
    A)April 2003
    B)November 2004
    C)May 2002
    D)April 2000
    Answer: November 2004
  • Q. Which company has started a rural marketing network called e-Chaupals?
    A)Dabur
    B)Procor and Gamble
    C)ITC
    D)Hindustan liver
    Answer: ITC
  • Q. The co-operative credit societies have a
    A)three-tier structure
    B)two-tier structure
    C)four-tier structure
    D)five-tier structure
    Answer: three-tier structure
  • Q. As per the targets of 11th Five year Plan (2007-12) Mortality Rate (2012) has been targeted at:
    A)1 per 10000 births
    B)1 per 1000 births
    C)1 per 100 births
    D)1 per 10 births
    Answer: 1 per 1000 births
  • Q. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
    A)Essar Oil
    B)GAIL
    C)Reliance Energy
    D)ONGC
    Answer: Essar Oil

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