1. Name the India Bank which is having the largest number of branches abroad

    Bank of Baroda

  2. Where has the SBI inaugurated the country's first Overseas Banking Unit (OBU)?


  3. The main function of the Exim Bank is

    to promote exports and curtail imports

  4. In which of the following cities is the headquarters of the Unit Trust of India located?


  5. What is NABARD's primary role?

    To provide term loans to State Cooperative Banks

  6. 'Legal Tender Money' refers to

    Currency Notes

  7. Credit Rationing in India is done by

    Reserve Bank of India

  8. The Reserve Bank of India issues currency notes under the

    Minimum reserve system

  9. Who has been appointed the Governor of RBI?

    Urjit R. Patel

  10. Which of the following mints undertakes refining of gold for licensed gold dealers and production of medals for defence services?

    The Bombay Mint

  11. The special paper required for printing of currency notes by the Security Presses in the country is manufactured at


  12. The highest denomination of currency notes in circulation as legal tender in India is at present


  13. Which of the following prints currency notes of the denomination of Rs.100?

    The Bank Note Press, Dewas

  14. If the cash-reserve ratio is lowered by the Central bank, what will be its effect on credit creation?


  15. Inflation implies

    Rise in general price index

  16. The Imperial Bank of India, after nationalisation, was given the name of

    State Bank of India

  17. Under the Lead Bank Scheme, a bank was expected to adopt a


  18. When was the Reserve Bank of India was nationalised?


  19. The basic regulatory authority for mutual funds and stocks markets lies with the

    Securities and Exchange Board of India

  20. The National Housing Bank is a subsidiary of

    Reserve Bank of India

  21. When was the IDBI (Industrial Development Bank of India) Instituted?


  22. The largest Public Sector Bank in India is

    State Bank of India

  23. When does the problem of unfavorable balance of payment arise?

    When imports are greater than exports

  24. Which of the following is the Banker of the banks?

    Reserve Bank of India

  25. Who among the following is most benefited from inflation?


  26. Ten rupee notes bear the signature of

    Governor, Reserve bank of India.

  27. The cause of inflation is

    Increase in money supply & fall in production

  28. Stagflation implies a case of

    recession plus inflation

  29. 'Devaluation' means

    lowering of the value of one currency in comparison of some foreign currency

  30. Companies pay corporation tax on their


  31. The system of Budget was introduced in India during the viceroyalty of


  32. Excise Duties are taxes on

    production of commodities

  33. Which of the following schemes was intended to tap the black money?

    India Development Boards

  34. Which of the following schemes was intended to tap the black money?

    India Development Boards

  35. Which of the following schemes was intended to tap the black money?

    India Development Boards

  36. Which of the following is an indirect tax?

    Excise duty

  37. Which of the following taxes is/are levied by the Union and collected and appropriated by the states?

    Taxes on Newspaper

  38. The principles source of revenue to the State Government in India is

    Sales Tax

  39. The budget is presented to the Parliament on

    The last day of February

  40. Which of the following is not shared by the center and the states?

    Sales Tax

  41. First Chairman of the NITI Aayog?

    Narendra Modi

  42. The sum total of incomes received for the services of labour, land or capital in a country is called

    National Income

  43. Which of the following are referred to as the developed economies?

    Countries having large per capita income

  44. Which is the best measure of economic growth of a country?


  45. Which one of the following States produces about 50 percent of the total silk textiles in India?


  46. The standard of living in a country is represented by its

    Per capita income

  47. The first estimates of national income in India was made by

    Dadabhai Naoroji

  48. The method by which the CSO estimates the national income is

    Income, Expenditure & Production method

  49. Which of the following is not required while computing Gross National Product (GNP)?

    Per capita income of citizens

  50. Among Indian Economics who had done pioneering work on National Income?

    V.K.R.V. Rao

  51. If saving exceeds investment, the national income will

    Remain constant

  52. National Income of India is compiled by

    Central Statistical Organisation

  53. India's first Greenfield Special Economic Zone (SEZ) was set up at


  54. India adopted the Five Year Plans from

    Former USSR

  55. In India which of the following measures of money denotes the 'Broad Money'?


  56. Present Industrial policy in India aims at

    Accelerating the performance of Mixed Economy

  57. The 'Slack Season' in the India Economy is


  58. Which is the least achieved objectives of India's Five Year Plans?

    Removal of mass poverty

  59. Who wrote the book 'Planned Economy for India'?

    M. Visversvarayya

  60. The decentralisation system was recommended by

    Balwant Rai Mehta

  61. NITI Aayog has been set up on 1st January, 2015 replacing of?

    Planning Commission

  62. The type of unemployment mostly found in India in India can be characterised as


  63. India Economy model was

    Mixed Economy

  64. The New Bank of India has been merged with which bank in 1993?

    Central Bank

  65. The National Bank for Agriculture & Rural Development (NABARD) was set up in


  66. The Export Import (EXIM) Bank was set up in


  67. The first indigenous bank which came into existence in 1894 was

    Punjab National Bank

  68. The Reserve Bank of India established in


  69. In which year was the first bank in India established?


  70. The second nationalization of commercial banks took place in


  71. How many banks were nationalized in 1969?


  72. A personal account cannot be opened in

    Reserve Bank of India

  73. Currency notes and coins of one rupee and lower denominations are issued by

    Reserve Bank of India

  74. The rupee coin was first minted in India during the rule of

    Sher Shah Suri

  75. India's maximum foreign exchange is spent on

    Import of Petroleum products

  76. Which of the following is a direct tax?

    Income Tax

  77. The Indian Financial Year begins on which of the following dates?

    April 1

  78. The one rupee note bears the signature of

    Secretary, Minister of Finance

  79. Which of the following commodities earns maximum foreign exchange for India?


  80. Which of the following is the largest contributor to the total tax revenue of the Government of India?

    Corporation Tax

  81. MODVAT relates to

    Excise duty

  82. The phenomenon known as 'Green Revolution' began to manifest during

    Annual Plan (1966-69)

  83. The Planning Commission was set up in accordance with the directive principles in

    Article 39

  84. With which crop has the Green Revolution in India been associated?


  85. The highest body which approves the Five-Year Plan is the

    National Development Council

  86. The Community Development Programme was launched in


  87. Five-Year Plans are finally approved by the


  88. Planning Commission is

    Government Body

  89. The Rolling Plan concept in National Planning was introduced by

    National Front Government

  90. The National Development Council was set up in


  91. Who is normally the ex-officio Chairmen of the Planning Commission of India?

    Prime Minister

  92. Who was the first Chairmen of the Planning Commission?

    Pandit Jawaharlal Nehru