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Name the India Bank which is having the largest number of branches abroad
Bank of Baroda
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Where has the SBI inaugurated the country's first Overseas Banking Unit (OBU)?
Mumbai
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The main function of the Exim Bank is
to promote exports and curtail imports
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In which of the following cities is the headquarters of the Unit Trust of India located?
Bombay
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What is NABARD's primary role?
To provide term loans to State Cooperative Banks
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'Legal Tender Money' refers to
Currency Notes
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Credit Rationing in India is done by
Reserve Bank of India
-
The Reserve Bank of India issues currency notes under the
Minimum reserve system
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Who has been appointed the Governor of RBI?
Urjit R. Patel
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Which of the following mints undertakes refining of gold for licensed gold dealers and production of medals for defence services?
The Bombay Mint
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The special paper required for printing of currency notes by the Security Presses in the country is manufactured at
Hoshangabad
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The highest denomination of currency notes in circulation as legal tender in India is at present
Rs.1000
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Which of the following prints currency notes of the denomination of Rs.100?
The Bank Note Press, Dewas
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If the cash-reserve ratio is lowered by the Central bank, what will be its effect on credit creation?
increase
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Inflation implies
Rise in general price index
-
The Imperial Bank of India, after nationalisation, was given the name of
State Bank of India
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Under the Lead Bank Scheme, a bank was expected to adopt a
District
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When was the Reserve Bank of India was nationalised?
1949
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The basic regulatory authority for mutual funds and stocks markets lies with the
Securities and Exchange Board of India
-
The National Housing Bank is a subsidiary of
Reserve Bank of India
-
When was the IDBI (Industrial Development Bank of India) Instituted?
1964
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The largest Public Sector Bank in India is
State Bank of India
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When does the problem of unfavorable balance of payment arise?
When imports are greater than exports
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Which of the following is the Banker of the banks?
Reserve Bank of India
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Who among the following is most benefited from inflation?
Debtors
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Ten rupee notes bear the signature of
Governor, Reserve bank of India.
-
The cause of inflation is
Increase in money supply & fall in production
-
Stagflation implies a case of
recession plus inflation
-
'Devaluation' means
lowering of the value of one currency in comparison of some foreign currency
-
Companies pay corporation tax on their
Income
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The system of Budget was introduced in India during the viceroyalty of
Canning
-
Excise Duties are taxes on
production of commodities
-
Which of the following schemes was intended to tap the black money?
India Development Boards
-
Which of the following schemes was intended to tap the black money?
India Development Boards
-
Which of the following schemes was intended to tap the black money?
India Development Boards
-
Which of the following is an indirect tax?
Excise duty
-
Which of the following taxes is/are levied by the Union and collected and appropriated by the states?
Taxes on Newspaper
-
The principles source of revenue to the State Government in India is
Sales Tax
-
The budget is presented to the Parliament on
The last day of February
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Which of the following is not shared by the center and the states?
Sales Tax
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First Chairman of the NITI Aayog?
Narendra Modi
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The sum total of incomes received for the services of labour, land or capital in a country is called
National Income
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Which of the following are referred to as the developed economies?
Countries having large per capita income
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Which is the best measure of economic growth of a country?
GNP
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Which one of the following States produces about 50 percent of the total silk textiles in India?
Karnataka
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The standard of living in a country is represented by its
Per capita income
-
The first estimates of national income in India was made by
Dadabhai Naoroji
-
The method by which the CSO estimates the national income is
Income, Expenditure & Production method
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Which of the following is not required while computing Gross National Product (GNP)?
Per capita income of citizens
-
Among Indian Economics who had done pioneering work on National Income?
V.K.R.V. Rao
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If saving exceeds investment, the national income will
Remain constant
-
National Income of India is compiled by
Central Statistical Organisation
-
India's first Greenfield Special Economic Zone (SEZ) was set up at
Indore
-
India adopted the Five Year Plans from
Former USSR
-
In India which of the following measures of money denotes the 'Broad Money'?
M3
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Present Industrial policy in India aims at
Accelerating the performance of Mixed Economy
-
The 'Slack Season' in the India Economy is
Jan-June
-
Which is the least achieved objectives of India's Five Year Plans?
Removal of mass poverty
-
Who wrote the book 'Planned Economy for India'?
M. Visversvarayya
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The decentralisation system was recommended by
Balwant Rai Mehta
-
NITI Aayog has been set up on 1st January, 2015 replacing of?
Planning Commission
-
The type of unemployment mostly found in India in India can be characterised as
Disguised
-
India Economy model was
Mixed Economy
-
The New Bank of India has been merged with which bank in 1993?
Central Bank
-
The National Bank for Agriculture & Rural Development (NABARD) was set up in
1982
-
The Export Import (EXIM) Bank was set up in
1982
-
The first indigenous bank which came into existence in 1894 was
Punjab National Bank
-
The Reserve Bank of India established in
1935
-
In which year was the first bank in India established?
1806
-
The second nationalization of commercial banks took place in
1980
-
How many banks were nationalized in 1969?
14
-
A personal account cannot be opened in
Reserve Bank of India
-
Currency notes and coins of one rupee and lower denominations are issued by
Reserve Bank of India
-
The rupee coin was first minted in India during the rule of
Sher Shah Suri
-
India's maximum foreign exchange is spent on
Import of Petroleum products
-
Which of the following is a direct tax?
Income Tax
-
The Indian Financial Year begins on which of the following dates?
April 1
-
The one rupee note bears the signature of
Secretary, Minister of Finance
-
Which of the following commodities earns maximum foreign exchange for India?
Tea
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Which of the following is the largest contributor to the total tax revenue of the Government of India?
Corporation Tax
-
MODVAT relates to
Excise duty
-
The phenomenon known as 'Green Revolution' began to manifest during
Annual Plan (1966-69)
-
The Planning Commission was set up in accordance with the directive principles in
Article 39
-
With which crop has the Green Revolution in India been associated?
Wheat
-
The highest body which approves the Five-Year Plan is the
National Development Council
-
The Community Development Programme was launched in
1952
-
Five-Year Plans are finally approved by the
President
-
Planning Commission is
Government Body
-
The Rolling Plan concept in National Planning was introduced by
National Front Government
-
The National Development Council was set up in
1952
-
Who is normally the ex-officio Chairmen of the Planning Commission of India?
Prime Minister
-
Who was the first Chairmen of the Planning Commission?
Pandit Jawaharlal Nehru