Indian Economy Quiz - 1, General Knowledge


25 Questions MCQ Test General Knowledge | Indian Economy Quiz - 1, General Knowledge


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This mock test of Indian Economy Quiz - 1, General Knowledge for Current Affairs helps you for every Current Affairs entrance exam. This contains 25 Multiple Choice Questions for Current Affairs Indian Economy Quiz - 1, General Knowledge (mcq) to study with solutions a complete question bank. The solved questions answers in this Indian Economy Quiz - 1, General Knowledge quiz give you a good mix of easy questions and tough questions. Current Affairs students definitely take this Indian Economy Quiz - 1, General Knowledge exercise for a better result in the exam. You can find other Indian Economy Quiz - 1, General Knowledge extra questions, long questions & short questions for Current Affairs on EduRev as well by searching above.
QUESTION: 1

The central banking functions in India are performed by the

  1. Central Bank of India
  2. Reserve Bank of India
  3. State Bank of India
  4. Punjab National Bank

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QUESTION: 2

ICICI is the name of a

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QUESTION: 3

Development expenditure of the Central government does not include

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QUESTION: 4

Gilt-edged market means

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QUESTION: 5

In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?

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QUESTION: 6

Devaluation of a currency means

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QUESTION: 7

Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves

  1. interest payments
  2. subsidies
  3. defence
  4. irrigation
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QUESTION: 8

Deficit financing leads to inflation in general, but it can be checked if

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QUESTION: 9

In the second nationalization of commercial banks, ___ banks were nationalized.

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QUESTION: 10

Depreciation means

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QUESTION: 11

If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

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QUESTION: 12

India changed over to the decimal system of coinage in

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QUESTION: 13

The association of the rupee with pound sterling as the intervention currency was broken in

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QUESTION: 14

On which one of the followings is the benefits received principle of taxation to achieve optimality bases?

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QUESTION: 15

One of the reasons for India's occupational structure remaining more or less the same over the years has been that

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QUESTION: 16

Gross domestic capital formation is defined as

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QUESTION: 17

On July 12, 1982, the ARDC was merged into

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QUESTION: 18

Which of the following is the most appropriate cause of exports surplus?

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QUESTION: 19

If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to

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QUESTION: 20

Which of the following items would not appear in a company's balance sheet?

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QUESTION: 21

The currency convertibility concept in its original form originated in

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QUESTION: 22

In the state of India, the State Financial Corporation have given assistance mainly to develop

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QUESTION: 23

The first wholly Indian Bank was set up in

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QUESTION: 24

The central co-operative banks are in direct touch with

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QUESTION: 25

States earn maximum revenue through

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