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Test: Economic & Social - 1 - Bank Exams
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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?
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
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
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 7
Indian citizens are allowed to invest overseas freely except in :
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 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 ?
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
The National Food for Work Scheme is now merged with which of the following?
Test: Economic & Social - 1 - Question 26
Tarapore Committee submitted its report on "Full convertibility on Rupee" in-
Test: Economic & Social - 1 - Question 27
Which committee recommended tax on Agriculture holdings?
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 ?
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 31
A ready measure of the extent of globalisation of the goods market of India is provided by
Test: Economic & Social - 1 - Question 32
Consider the following statements regarding Collateralized Borrowing and Lending Obligation (CBLO) - a recent product of Clearing Corporation of India Ltd. (CCIL) :
1. The CBLO is like a repo, i.e. it can be interpreted as borrowing backed by securities as collateral.
2. Issued at a discount to face value, CBLOs always redeem at par, similar to treasury bills or zero coupon bonds.
3. Its maturities range from 1 year to 5 years.
Which of the statements given above is/are correct ?
1. The CBLO is like a repo, i.e. it can be interpreted as borrowing backed by securities as collateral.
2. Issued at a discount to face value, CBLOs always redeem at par, similar to treasury bills or zero coupon bonds.
3. Its maturities range from 1 year to 5 years.
Which of the statements given above is/are correct ?
Test: Economic & Social - 1 - Question 33
Which of the following component(s) form(s) part of the new agricultural strategy in India ?
I. Package of new inputs
II. Greater cropping intensity
III. Emphasis on land reforms
Select the correct answer using the codes given below :
I. Package of new inputs
II. Greater cropping intensity
III. Emphasis on land reforms
Select the correct answer using the codes given below :
Test: Economic & Social - 1 - Question 34
Consider the following statements :
The unemployment rate differs sections of the people in India. Arrange the different sections, given below, in the order of increasing rate of unemployment -
1. Youth (15 - 29 years of age)
2. Educated youths
3. Technically educated youth
Select the correct answer using the code given below :
The unemployment rate differs sections of the people in India. Arrange the different sections, given below, in the order of increasing rate of unemployment -
1. Youth (15 - 29 years of age)
2. Educated youths
3. Technically educated youth
Select the correct answer using the code given below :
Test: Economic & Social - 1 - Question 35
In India, federal financial assistance to states is given on the basis of
Test: Economic & Social - 1 - Question 36
Which of the following taxes is/are levied by the Union and collected and appropriated by the States ?
Test: Economic & Social - 1 - Question 37
Which one of the Five Year Plans of India was terminated before its targeted date of completion ?
Test: Economic & Social - 1 - Question 38
Unemployment rate in India is defined as the ratio of number of persons unemployed to total
Test: Economic & Social - 1 - Question 39
Which one of the following DOES NOT come under the jurisdication of state taxation ?
Test: Economic & Social - 1 - Question 40
Consider the following statements :
India has been trying to promote its commodity exports in value-added forms, because in case of such items there is a considerable margin between revenue and cost of
1. Labour
2. Raw material
3. Imported components
Which of the above statements is/are correct ?
India has been trying to promote its commodity exports in value-added forms, because in case of such items there is a considerable margin between revenue and cost of
1. Labour
2. Raw material
3. Imported components
Which of the above statements is/are correct ?
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