Indian Economy

Q. The first fully Indian Bank is:

A
Central Bank of India
B
Punjab National Bank
C
Canara Bank
D
State Bank of India

Correct Answer

Punjab National Bank

More Questions on Indian Economy

  • Q. Deficit financing means that the government borrows money from the
    A)local bodies
    B)big businessmen
    C)RBI
    D)IMF
    Answer: RBI
  • Q. Since the inception of the co-operative movement, rural credits has been
    A)rationalized
    B)cheapened
    C)institutionalized
    D)All of the above
    Answer: All of the above
  • Q. In India the term Black Revolution is associated with:
    A)Nurturing the Black Soil
    B)Self-dependence in the production of coal
    C)Self-dependence in the production of petroleum crude oil
    D)Self-dependence in the production of balck corp
    Answer: Self-dependence in the production of petroleum crude oil
  • Q. ICICI is the name of a
    A)bureau
    B)chemical industry
    C)corporation
    D)financial institution
    Answer: financial institution
  • Q. National expenditure includes
    A)investment expenditure
    B)government expenditure
    C)consumption expenditure
    D)All of the above
    Answer: All of the above
  • 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)EXIM Bank
    C)RBI
    D)None of the above
    Answer: NABARD
  • Q. Securities and Exchange Board of India (SEBI) was established on:
    A)July 12, 1982
    B)April 12, 1988
    C)July 9, 1988
    D)July 5, 1995
    Answer: April 12, 1988
  • Q. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
    A)China
    B)Taiwan
    C)South Korea
    D)Japan
    Answer: Japan
  • Q. Fiscal deficit in the Union Budget means
    A)net increase in Union Governments borrowings from the Reserve Bank of India
    B)the difference between current expenditure and current revenue
    C)the sum of budgetary deficit and net increase in internal and external borrowings
    D)the sum of monetized deficit and budgetary deficit
    Answer: the sum of budgetary deficit and net increase in internal and external borrowings
  • Q. In Global Hunger Index (GHI) India has been ranked at:
    A)102nd place among 117 developing countries
    B)105th place among 117 developing countries
    C)96th place among 119 developing countries
    D)109th place among 117 developing countries
    Answer: 102nd place among 117 developing countries
  • Q. In the world in terms of Railway Network system India ranks:
    A)first
    B)second
    C)fourth
    D)third
    Answer: fourth
  • Q. The main rubber producing state in the country is:
    A)Tamil Nadu
    B)Kerala
    C)Karnataka
    D)Hyderabad
    Answer: Kerala
  • Q. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
    A)China
    B)South Korea
    C)Taiwan
    D)Japan
    Answer: Japan
  • Q. Paper currency first started in India in
    A)1542
    B)1861
    C)1601
    D)1880
    Answer: 1861
  • Q. Asia’s first Export processing Zone (EPZ) was established in:
    A)Cochin
    B)Kandla
    C)Surat
    D)Chennai
    Answer: Kandla
  • 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
  • Q. Aam Admi Bima Yojana was launched on:
    A)March 5, 2009
    B)November 14, 2011
    C)March 10, 2008
    D)October 2, 2007
    Answer: October 2, 2007
  • Q. Development expenditure of the Central government does not include
    A)expenditure on economic services
    B)expenditure on social and community services
    C)defence expenditure
    D)grant to states
    Answer: defence expenditure
  • Q. Ten rupee notes contain the signature of:
    A)Chairman, SBI
    B)Finance Secretary, GOI
    C)Governor, RBI
    D)Finance Minister , GOI
    Answer: Governor, RBI

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