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Test: Economic & Social - 1 - Bank Exams MCQ


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30 Questions MCQ Test General Awareness & Knowledge - Test: Economic & Social - 1

Test: Economic & Social - 1 for Bank Exams 2024 is part of General Awareness & Knowledge preparation. The Test: Economic & Social - 1 questions and answers have been prepared according to the Bank Exams exam syllabus.The Test: Economic & Social - 1 MCQs are made for Bank Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Economic & Social - 1 below.
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Test: Economic & Social - 1 - Question 1

A bank is under a statutory obligations to honour its customer's cheques vide

Test: Economic & Social - 1 - Question 2

How can a Indian Financial Services Code number be identified?

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Test: Economic & Social - 1 - Question 3

In an effort to provide every block with more than 50% tribal population high quality education, the government has set the target to establish ________ more Ekalavya Model Residential Schools by 2022

Test: Economic & Social - 1 - Question 4

Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this 'Base rate' for banks?

Detailed Solution for Test: Economic & Social - 1 - Question 4

Correct answer is A. 

Test: Economic & Social - 1 - Question 5

In which year, did the Insurance Regulatory and Development Authority come into force?

Test: Economic & Social - 1 - Question 6

Indian citizens are allowed to invest overseas freely except in :

Test: Economic & Social - 1 - Question 7

Which country has been placed on the top position in the Global Manufacturing Index 2018 released by the World Economic Forum (WEF)?

Test: Economic & Social - 1 - Question 8

What is India’s First Agri-commodity Options launched by Union Finance & Corporate Affairs Minister, Arun Jaitley on National Commodity and Derivatives Exchange Limited (NCDEX) platform?

Test: Economic & Social - 1 - Question 9

Union Ministry of Road Transport and Highways signed a memorandum of understanding (MoU) with the Transport System of which country, to revamp the public transport system in India?

Test: Economic & Social - 1 - Question 10

The Government has announced to lower the additional borrowing requirement for the current fiscal to Rs _____ crore from Rs 50,000 crore as estimated in December 2017.

Test: Economic & Social - 1 - Question 11
According to the latest report by the Sanctum Wealth Management, India will become the ______ largest growing economy in the world in 2018
Test: Economic & Social - 1 - Question 12

Central Statistics Office (CSO) has announced the first advance estimates of National Income 2017-18 and stated that growth in India’s Gross Domestic Product (GDP) during 2017-18 is estimated at ____% ?

Test: Economic & Social - 1 - Question 13
In an effort to further strengthen the Aadhaar security, the UIDAI has decided to enable ‘Face Authentication’ as an additional option for inclusive authentication of the residents. This new mode will be effective from _____
Test: Economic & Social - 1 - Question 14

Subhash Chandra, Secretary of Department of Economic Affairs under Ministry of Finance, has tweeted that new subscription to GoI Savings (Taxable) Bonds, 2003 would now bear ____% interest rate as compared to earlier %.

Test: Economic & Social - 1 - Question 15

Who has recently been appointed to the post of Economic Relations Secretary in the Ministry of External Affairs?

Test: Economic & Social - 1 - Question 16
Which of the following is a group of Khariff crops ?
Test: Economic & Social - 1 - Question 17
The demand curve for a given good is-
Test: Economic & Social - 1 - Question 18
What does the term 'Overgeared Company' mean?
Test: Economic & Social - 1 - Question 19
Engle's law states the relationship between-
Test: Economic & Social - 1 - Question 20
Under which market condition do firms have excess capacity?
Test: Economic & Social - 1 - Question 21
The part of profit or other surpluses of a company distributed proportionately among shareholders is called;
Test: Economic & Social - 1 - Question 22
Consider the following :
1. Market borrowing
2. Treasury bills
3. Special securities issued to RBI
Which of these is/are component(s) of internal debt ?
Test: Economic & Social - 1 - Question 23
If food prices increase at relatively faster rates than other items, then at what rate will the consumer price index for agricultural labour in relation to that for urban non-manual workers increase ?
Test: Economic & Social - 1 - Question 24
Which committee recommended tax on Agriculture holdings?
Test: Economic & Social - 1 - Question 25
Wage fund theory was propounded by-
Test: Economic & Social - 1 - Question 26
Tarapore Committee submitted its report on "Full convertibility on Rupee" in-
Test: Economic & Social - 1 - Question 27
The National Food for Work Scheme is now merged with which of the following?
Test: Economic & Social - 1 - Question 28
The revised annual GDP-growth rate for the Ninth Plan period is
Test: Economic & Social - 1 - Question 29
Consider the following statements :
1. NTPC is the largest power utility in India.
2. ONGC accounts for half of the LPG production in India.
3. Indian Oil Corporation operates all the oil refineries in India.
4. The Indian Ordinance Factory is the largest departmentally run industrial undertaking in the country.
Which of these statements are correct ?
Test: Economic & Social - 1 - Question 30
Rate of interest is being reduced in India
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