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INDIAN ECONOMY MCQs

Total Questions : 817 | Page 79 of 82 pages
Question 781. . Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
  1.    1000 rupee
  2.    500 rupee
  3.    100 rupee
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 782. . Devaluation of currency will be more beneficial if
  1.    prices of domestic goods remain constant
  2.    prices of exports remain constant
  3.    prices of imports remains constant
  4.    prices of exports rise proportionately
 Discuss Question
Answer: Option B. -> prices of exports remain constant
Question 783. . Reserve Bank of India was nationalized in the year
  1.    1935
  2.    1945
  3.    1949
  4.    1969
 Discuss Question
Answer: Option C. -> 1949
Question 784. . The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called
  1.    Statutory Bank Ratio (SBR)
  2.    Statutory Liquid Ratio (SLR)
  3.    Central Bank Reserve (CBR)
  4.    Central Liquid Reserve (CLR)
 Discuss Question
Answer: Option B. -> Statutory Liquid Ratio (SLR)
Question 785. . Of the gross tax revenue of the Union Government the indirect taxes account for nearly
  1.    70 per cent
  2.    75 percent
  3.    65 percent
  4.    60 percent
 Discuss Question
Answer: Option C. -> 65 percent
Question 786. . If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
  1.    Rs. 50,000 crores
  2.    Rs. 25,000 crores
  3.    Rs. 1,00,000 crores
  4.    Rs. 1,25,000 crores
 Discuss Question
Answer: Option A. -> Rs. 50,000 crores
Question 787. . 
In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this?
  1.    A large number of farmers are illiterate and know little about scientific agriculture I, II, III
  2.    Prices of primary products are lower than those of manufactured products I, II
  3.    Investment in agriculture has been low when compared to investment in industry I, III
  4.    II, III
 Discuss Question
Answer: Option A. -> A large number of farmers are illiterate and know little about scientific agriculture I, II, III
Question 788. . National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
  1.    1997
  2.    1998
  3.    1999
  4.    2000
 Discuss Question
Answer: Option C. -> 1999
Question 789. . How many banks were nationalized in 1969?
  1.    16
  2.    14
  3.    15
  4.    20
 Discuss Question
Answer: Option B. -> 14
Question 790. . In India, the first bank of limited liability manages by Indians and founded in 1881 was
  1.    Hindustan Commercial Bank B. Oudh Commercial Bank
  2.    Oudh Commercial Bank
  3.    Punjab National Bank
  4.    Punjab and Sind Bank
 Discuss Question
Answer: Option B. -> Oudh Commercial Bank

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