Indian Economy

Q. The first fully Indian Bank is:

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

Correct Answer

Punjab National Bank

More Questions on Indian Economy

  • Q. Redistribution polices geared to reduce economic inequalities include
    A)land reforms
    B)rural development policies
    C)progressive tax policies
    D)All the above
    Answer: All the above
  • 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. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
    A)1998
    B)1999
    C)1997
    D)2000
    Answer: 1999
  • Q. Deficit financing leads to inflation in general, but it can be checked if
    A)only aggregate demand is increased
    B)all the expenditure is denoted national debt payment only
    C)government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
    D)All of the above
    Answer: All of the above
  • Q. Earn While you Learn scheme has been launched by:
    A)Ministry of Youth
    B)Both A and B
    C)Ministry of Tourism
    D)None of these
    Answer: Ministry of Tourism
  • Q. At present, the number of nationalized banks are:
    A)17
    B)19
    C)15
    D)12
    Answer: 12
  • Q. Resurgent India bonds were issued in US dollar, Pound Sterling and
    A)Deutsche Mark
    B)Euro
    C)Japanese Yen
    D)French Franc
    Answer: Deutsche Mark
  • Q. India changed over to the decimal system of coinage in
    A)April 1957
    B)April 1958
    C)April 1995
    D)April 1959
    Answer: April 1957
  • Q. In the World, in the production of cotton, India ranks:
    A)First
    B)Second
    C)Third
    D)Fourth
    Answer: Second
  • 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, III
    C)I, II
    D)II, III, IV
    Answer: I, II, III
  • Q. Finance Commission is constituted after every:
    A)5 years
    B)3 years
    C)6 years
    D)4 years
    Answer: 5 years
  • Q. The largest producer of Coffee in the country is:
    A)Tamil Nadu
    B)Kerala
    C)Andhra Pradesh
    D)Karnataka
    Answer: Karnataka
  • 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. In the state of India, the State Financial Corporation have given assistance mainly to develop
    A)cottage industry
    B)large-scale industries
    C)agricultural farms
    D)medium and small-scale industries
    Answer: medium and small-scale industries
  • 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. The co-operative credit societies have a
    A)three-tier structure
    B)four-tier structure
    C)two-tier structure
    D)five-tier structure
    Answer: three-tier structure
  • Q. The concept of zero-based budgeting was given by:
    A)Peter drucker
    B)Peter A. Payer.
    C)Jagdish bhagwati
    D)None of these
    Answer: Peter A. Payer.
  • Q. The main rubber producing state in the country is:
    A)Tamil Nadu
    B)Kerala
    C)Karnataka
    D)Hyderabad
    Answer: Kerala
  • 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. Of the gross tax revenue of the Union Government the indirect taxes account for nearly
    A)75 percent
    B)65 percent
    C)70 per cent
    D)60 percent
    Answer: 65 percent

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