Indian Economy

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The financial institution which provides loans mostly in foreign currency is

  1. IDBI

  2. IFCI

  3. ICICI

  4. SFC


Correct Option: C

Which of the following cities has no stock exchange

  1. Coimbatore

  2. Cochin

  3. Chennai

  4. Chandigarh


Correct Option: D

IBRD is another name for

  1. IMF

  2. IDA

  3. World Bank

  4. IFC


Correct Option: C
Explanation:

Correct answer is (3). 

Merchant bank mainly meant for

  1. agriculture sector

  2. industrial sector

  3. rural development

  4. none of these


Correct Option: B

All of these are property taxes, except

  1. wealth tax

  2. house tax

  3. gift tax

  4. dividend tax


Correct Option: D
Explanation:

Correct answer is (4). 

Which of the following is likely to be benefitted by inflation?

  1. Debtor

  2. Creditor

  3. Labour

  4. Government


Correct Option: B

Special economic zones (SEZs) are based upon the economic models of by what percent the new price be reduced to bring the price back to the original level?

  1. Thailand

  2. Japan

  3. Germany

  4. China


Correct Option: D

S.D.R. is related to

  1. World bank

  2. IMF

  3. WTO

  4. Share transfer


Correct Option: B

Which of the following is the most liquid?

  1. money

  2. Share

  3. Gold

  4. Debenture


Correct Option: A

The no. of recognized stock exchanges in India isyears. When the teacher age is excluded,the average decreases by 1 year .what is the age of the teacher?

  1. 16

  2. 20

  3. 24

  4. 27


Correct Option: C

NABARD was set up in 1982 on the recommendation of

  1. Narsimhan committee

  2. Balwant Rai committee

  3. Hazari committee

  4. Shivraman committee


Correct Option: D

Currency note printing press is located in

  1. Hyderabad

  2. Chennai

  3. Nasik

  4. Shimla


Correct Option: C

Lead bank scheme in India was introduced in

  1. 1952

  2. 1971

  3. 1969

  4. 1962


Correct Option: C

The toal no. of nationalized banks in India is

  1. 22

  2. 27

  3. 29

  4. 31


Correct Option: B

Which of the following has been disinvested

  1. GAIL

  2. MTNL

  3. NTPC

  4. IPCL


Correct Option: D

Which of the following is a private sector bank?

  1. Indian Bank

  2. UTI Bank Ltd.

  3. PNB

  4. Syndicate Bank


Correct Option: B

The no. of private banks operative in private sector in India is

  1. 30

  2. 31

  3. 32

  4. 33


Correct Option: B

Reserve Bank of India was nationalized in the year

  1. 1948

  2. 1949

  3. 1951

  4. 1953


Correct Option: B

Banking lokpal scheme was started in the year

  1. 1991

  2. 1993

  3. 1995

  4. 1997


Correct Option: C

A company declare its dividends on its

  1. Issued capital

  2. Total capital

  3. Authorized capital

  4. Subscribed capital


Correct Option: D

The head quarters of SIDBI are located in

  1. Delhi

  2. Luckhnow

  3. Kolkata

  4. Chennai


Correct Option: B

National housing bank is a venture controlled by

  1. RBI

  2. HDFC

  3. UTI

  4. ICCI


Correct Option: A

“Devaluation “implies

  1. To increase the value of currency

  2. To issue new currency

  3. To decrease the value of currency in terms of foreign/another currency

  4. None of these


Correct Option: C

New Bank of India was merged into

  1. Punjab and Sind Bank

  2. Punjab National Bank

  3. Bank of Baroda

  4. SBI


Correct Option: B

The most significant function of central bank is

  1. To function as a bank for another banks

  2. Issuance of currency notes

  3. Creation of credit& its control

  4. Financial representatives of the government


Correct Option: C
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