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. If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
    A)Rs. 25,000 crores
    B)Rs. 50,000 crores
    C)Rs. 1,00,000 crores
    D)Rs. 1,25,000 crores
    Answer: Rs. 50,000 crores
  • Q. Which of the following is not a part of machinery that settles industrial disputes?
    A)Works Committee
    B)Conciliation officers
    C)Wage Court
    D)Board of Conciliation
    Answer: Wage Court
  • Q. The current price index (base 1960) is nearly 330. This means that
    A)the prices of certain selected items have gone up to 3-3 times
    B)all items cost 3-3 times more than what they did in 1960
    C)weighted means of prices of certain item has increased 3-3 times
    D)gold price has gone up 3-3 times
    Answer: weighted means of prices of certain item has increased 3-3 times
  • 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. Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:
    A)the year 2000
    B)the year 2003
    C)the year 2005
    D)the year 2001
    Answer: the year 2003
  • Q. In November 2007, the finance commission constituted by the president of India was:
    A)Tenth
    B)Ninth
    C)Thirteenth
    D)Eleventh
    Answer: Thirteenth
  • Q. The Indian state which was the first to release state level Human Development Report in 1995 was:
    A)Maharashtra
    B)Madhya Pradesh
    C)Kerala
    D)Tamil Nadu
    Answer: Madhya Pradesh
  • 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. 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 first fully Indian Bank is:
    A)Central Bank of India
    B)Punjab National Bank
    C)Canara Bank
    D)State Bank of India
    Answer: Punjab National Bank
  • Q. The budget deficit means
    A)difference between revenue receipts and revenue expenditure
    B)the excess of total expenditure, including loans, net of lending over revenue receipts
    C)difference between all receipts and all the expenditure
    D)fiscal deficit less interest payments
    Answer: difference between all receipts and all the expenditure
  • Q. Whose name is associated with formulation of planning strategy in Second five Year plan?
    A)Jawahar Lal Nehru
    B)Mahatma Gandhi
    C)Prasanta Chandra Mahalanobis
    D)B.R. Shenoy
    Answer: Prasanta Chandra Mahalanobis
  • Q. One rupee currency note in India bears the signature of-
    A)Finance minister of India
    B)Governor (RBI)
    C)The president of India
    D)Finance secretary of Government of India
    Answer: Finance secretary of Government of India
  • Q. Meera Seth committee was related to:
    A)sex discrimination at work place
    B)Development of Handlooms
    C)female foeticide
    D)Banking sector
    Answer: Development of Handlooms
  • Q. Depreciation means
    A)closure of a plant due to labour trouble
    B)loss of equipment over time due to wear and tear
    C)closure of a plant due to lock out
    D)destruction of a plant in a fire accident
    Answer: loss of equipment over time due to wear and tear
  • Q. Revenue of the state governments are raised from the following sources, except
    A)expenditure tax
    B)agricultural income tax
    C)entertainment tax
    D)land revenue
    Answer: agricultural income tax
  • 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. 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 100 births
    C)1 per 1000 births
    D)1 per 10 births
    Answer: 1 per 1000 births
  • Q. Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
    A)500 rupee
    B)1000 rupee
    C)100 rupee
    D)All of the above
    Answer: All of the above
  • 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

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