Lakshya Education MCQs

Question: When the government tries to meet the gap of public expenditure and public revenue through borrowing from the banking system, it is called as :
A.Credit Financing.
B.Debt Financing
C.Deficit Financing.
D.Internal Debt.
Answer: Option C

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Question 1. What is the relationship between a bank and customer when a locker is rented out by a bank to a person :
  1.    Bailor and Bailee
  2.    Bailee and Bailor
  3.    Principal and Agent
  4.    Lessee and Lessor
Answer: Option D
Question 2. World Photography day is observed on :
  1.    17th August
  2.    19th August
  3.    20th August
  4.    22nd August
Answer: Option B
Question 3. Non-bank entities must have net worth of at least how much to be eligible for operating white label ATMs :
  1.    Rs. 100 cr.
  2.    Rs. 200 cr.
  3.    Rs. 300 cr.
  4.    Rs. 400 cr.
Answer: Option A
Question 4. The sensitive Index of National Stock Exchange of India is popularly known as-
  1.    Sensex
  2.    CRIS
  3.    Nifty
  4.    CSE
Answer: Option C
Question 5. Slogan of poverty Abolition was given in which Five Year Plan?
  1.    First five year plan
  2.    Second five year plan
  3.    Third five year plan
  4.    Fifth fiver year plan
Answer: Option D
Question 6. After how many years of terrorist attack World Trade Centre reopen for business?
  1.    12 years
  2.    13 years
  3.    15 years
  4.    7 years
Answer: Option B

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