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Test: Economic & Social - 7 - Bank Exams MCQ


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30 Questions MCQ Test RBI Grade B Mock Test Series & Past Year Papers 2024 - Test: Economic & Social - 7

Test: Economic & Social - 7 for Bank Exams 2024 is part of RBI Grade B Mock Test Series & Past Year Papers 2024 preparation. The Test: Economic & Social - 7 questions and answers have been prepared according to the Bank Exams exam syllabus.The Test: Economic & Social - 7 MCQs are made for Bank Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Economic & Social - 7 below.
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Test: Economic & Social - 7 - Question 1

All venture Capital Funds must be registered with

Test: Economic & Social - 7 - Question 2

Which of the following purposes RBI has constituted a working group with Shri Deepak Mohanty as Chairman ?

Detailed Solution for Test: Economic & Social - 7 - Question 2

Correct Answer :- d

Explanation : Base Rate replaced the benchmark prime lending rate (BPLR) ,the interest rate which commercial banks charged their most credit worthy customer. Following the announcement in the Annual Policy Statement for the year 2009-10, a working group was constituted under the chairmanship of Shri Deepak Mohanty to review the benchmark prime lending rate. It was observed that the benchmark prime lending rate, which was introduced in 2003, had failed in its objective. The banks were lending below BPLR rates due to competitive pressures. For the same reason, it was also difficult to assess the transmission of policy rates of the Reserve Bank to lending rates of banks.

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Test: Economic & Social - 7 - Question 3

Which state government had launched ‘Saubhagya Yojana’, aimed at providing electricity to all the villages across the state?

Test: Economic & Social - 7 - Question 4
The weakest link in the co-operative credit system is
Test: Economic & Social - 7 - Question 5
ANZ is a foreign bank based in?
Test: Economic & Social - 7 - Question 6
What is the theme of the 2018 National Productivity Week?
Test: Economic & Social - 7 - Question 7
IFRS stands for
Test: Economic & Social - 7 - Question 8
Recently the HRD Ministry released the All India Survey on Higher Education (AISHE) for the year 2016-17. According to the survey, the number of students enrolling for higher education in India saw ____ percent increase in 2016-17
Test: Economic & Social - 7 - Question 9
Which among the following firms has recently become the first Indian company to cross the market capitalization of Rs 6-lakh crore?
Test: Economic & Social - 7 - Question 10
The 2017 India Financial Sector Assessment Programme (FSAP) is released by which organization?
Test: Economic & Social - 7 - Question 11
How much amount has been released by the Union Government to States and Union Territories under the Special Central Assistance to Scheduled Castes sub plan as on January 31,2018?
Test: Economic & Social - 7 - Question 12
The 7th Asia Steel International Conference will be held in which Indian city in February 2018?
Test: Economic & Social - 7 - Question 13
In an effort to have better network connectivity in the Northeast region of India, the Centre has sanctioned projects over Rs __________ crore
Test: Economic & Social - 7 - Question 14
How much amount of loan agreement has recently been signed between the Government of India and the Asian Development Bank (ADB) for the construction of 6,254 kilometres rural roads in five states under the Prime Minister’s Rural Roads Program (PMGSY)?
Test: Economic & Social - 7 - Question 15
The Central Board of Excise & Customs (CBEC) which is to be renamed as the Central Board of Indirect Taxes and Customs is likely to come into effect by ____
Test: Economic & Social - 7 - Question 16
The Finance Commission-
Test: Economic & Social - 7 - Question 17
The sum total of incomes received for the services of labour land or capital in a country is called-
Test: Economic & Social - 7 - Question 18
Which plan gave emphasis on removal of poverty for the first time?
Test: Economic & Social - 7 - Question 19
The headquarters of Securities and Exchange Board of India(SEBI) are located in Mumbai. Its regional office is not located at:
Test: Economic & Social - 7 - Question 20
The term mixed economy denotes-
Test: Economic & Social - 7 - Question 21
During Indian Decennial Census Operations:
Test: Economic & Social - 7 - Question 22
When the price of a substitute of a commodity X falls, then the demand for X:
Test: Economic & Social - 7 - Question 23
The largest amount of foreign exchange is spent on the import of which of the following commodities?
Test: Economic & Social - 7 - Question 24
At persent, India is following-
Test: Economic & Social - 7 - Question 25
The mayor aim of devaluation is to-
Test: Economic & Social - 7 - Question 26
Consider the following statements :
Net Economic Policy has greater relevence to the rural sector in the context of
1. Farm subsidies
2. Bio-technological innovations
3. Trade liberalization
4. Increasing input to agriculture
Of these statements
Test: Economic & Social - 7 - Question 27
Which one of the following pairs is not correctly matched ?
Test: Economic & Social - 7 - Question 28
Consider the following items imported by India :
1. Capital goods
2. Petroleum
3. Pearls and Precious stones
4. Chemicals
5. Iron and steel
The correct sequence of the decreasing order of these items , in terms of value is
Test: Economic & Social - 7 - Question 29
Which of the following taxes is an exclusive source of revenue for the state governments ?
Test: Economic & Social - 7 - Question 30
The growth rate of per capita income at current prices is higher than that of per capita income at constant prices because the latter takes into account the rate of
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