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. National Income estimates in India is prepared by:
    A)Reserve Bank Of India
    B)Central Statistical Organisation (CSO)
    C)Planning Commission
    D)Indian Statistical Institute
    Answer: Central Statistical Organisation (CSO)
  • Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
    A)1998
    B)1997
    C)1999
    D)2000
    Answer: 1999
  • Q. How many Regional Rural Bank (RRBs) are working in the country till 31st March,2010?
    A)81
    B)85
    C)82
    D)93
    Answer: 82
  • Q. In India, which one among the following formulates the fiscal policy?
    A)Ministry of Finance
    B)Finance Commission
    C)Planning Commission
    D)The Reserve Bank of India
    Answer: Ministry of Finance
  • Q. With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:
    A)the year 1999
    B)the year 2005
    C)the year 1998
    D)the year 1990
    Answer: the year 1999
  • Q. SEBI which was established in April 1988 stands for:
    A)Securities and Exchange Board of India
    B)Share and Exchange Board of India
    C)Securities and Exchange Bureau of India
    D)Security and Economic Board of India
    Answer: Securities and Exchange Board of India
  • Q. The currency convertibility concept in its original form originated in
    A)Bretton Woods Agreement
    B)Wells Agreement
    C)Taylors Agreement
    D)None of the above
    Answer: Bretton Woods Agreement
  • Q. Which state of India ranks first in milk production as per the data of the year 2009-10?
    A)Jharkhand
    B)Bihar
    C)Uttar Pradesh
    D)West Bengal
    Answer: Uttar Pradesh
  • Q. How many banks were nationalized in 1969?
    A)14
    B)15
    C)16
    D)20
    Answer: 14
  • Q. In India, the state which has the largest forest cover is:
    A)Arunachal Pradesh
    B)Madhya Pradesh
    C)Chattisgarh
    D)Odisha
    Answer: Madhya Pradesh
  • Q. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
    A)Services sector
    B)Chemicals other than fertilizers
    C)Food processing
    D)Telecommunication
    Answer: Telecommunication
  • Q. The first Apparel Park in India has been established in:
    A)Tirupur (Tamil Nadu)
    B)Both A and B
    C)Punalur (Kerala)
    D)None of the above
    Answer: Tirupur (Tamil Nadu)
  • 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. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
    A)Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
    B)Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
    C)Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
    D)Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
    Answer: Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
  • Q. National Electricity Policy envisages elimination of power shortage by 2012 through addition of:
    A)75000 Megawatt
    B)100000 Megawatt.
    C)50000 Megawatt
    D)125000 Megawatt
    Answer: 100000 Megawatt.
  • 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. Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:
    A)the year 2000
    B)the year 2005
    C)the year 2003
    D)the year 2001
    Answer: the year 2003
  • Q. Paper currency first started in India in
    A)1542
    B)1601
    C)1861
    D)1880
    Answer: 1861
  • 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. Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of:
    A)Raghuram G. Rajan
    B)Bimal Jalan
    C)K.V. Kamath
    D)None of these
    Answer: Raghuram G. Rajan

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