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This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
What was the period of the terrible economic recession of Tissa? |
| A. | 1920-30 |
| B. | 1929-33 |
| C. | 1918-25 |
| D. | 1998-2009 |
| Answer» C. 1918-25 | |
| 2. |
What is called a financial year in India? |
| A. | 1st April to 31st March |
| B. | 1 July to 30 June |
| C. | 1st September to 31st August |
| D. | 1 January to 31 December |
| Answer» B. 1 July to 30 June | |
| 3. |
Which of the following Indian states is a victim of the vicious circle of poverty? |
| A. | A state in Eastern India |
| B. | Kerala |
| C. | Karnataka |
| D. | Haryana |
| Answer» B. Kerala | |
| 4. |
How many recognized stock exchanges are there in India? |
| A. | 25 |
| B. | 24 |
| C. | 10 |
| D. | 11 |
| Answer» C. 10 | |
| 5. |
What is the name of the Tokyo based stock exchange? |
| A. | hongsang |
| B. | Nikki |
| C. | do-jones |
| D. | simex |
| Answer» C. do-jones | |
| 6. |
When was the Planning Commission set up in India? |
| A. | 15 March 1950 |
| B. | 15 September 1950 |
| C. | 15 October 1951 |
| D. | none of these |
| Answer» B. 15 September 1950 | |
| 7. |
What is the meaning of open market operation of Reserve Bank of India, buy and sell? |
| A. | of gold |
| B. | of government bonds |
| C. | Of foreign exchange |
| D. | of commercial bills |
| Answer» C. Of foreign exchange | |
| 8. |
Which district of Bihar has the highest per capita income? |
| A. | Nalanda |
| B. | Patna |
| C. | sheohar |
| D. | Gone |
| Answer» C. sheohar | |
| 9. |
Which is the largest producer of litchi in the world? |
| A. | India |
| B. | Nepal |
| C. | Russia |
| D. | China |
| Answer» B. Nepal | |
| 10. |
Which is the widely recognized institution for the calculation of national income in India? |
| A. | NITI Aayog |
| B. | National Development Council |
| C. | Central Statistical Organization |
| D. | none of these |
| Answer» D. none of these | |
| 11. |
Due to devaluation of currency? |
| A. | expansion of export trade |
| B. | spread of imports |
| C. | contraction of import trade |
| D. | all these |
| Answer» E. | |
| 12. |
When was the Securities and Exchange Board of India established? |
| A. | in 1988 |
| B. | in 1992 |
| C. | in 1993 |
| D. | in 1995 |
| Answer» B. in 1992 | |
| 13. |
In which year the Securities and Exchange Board of India was given statutory status by an ordinance? |
| A. | in 1999 AD |
| B. | in 1995 AD |
| C. | in 1992 AD |
| D. | in the 1990s |
| Answer» D. in the 1990s | |
| 14. |
What does cheap money mean? |
| A. | low level of savings |
| B. | low level of income |
| C. | low rate of interest |
| D. | low standard of living |
| Answer» D. low standard of living | |
| 15. |
Which of the following institutions is concerned with the need for agriculture and rural finance in India? |
| A. | State Bank of India |
| B. | Reserve Bank of India |
| C. | nabard |
| D. | industrial finance corporation |
| Answer» D. industrial finance corporation | |
| 16. |
Who exercises effective control over the stock market? |
| A. | M.R.T.P |
| B. | F.E.R.A |
| C. | S.E.B.I |
| D. | B.I.F.R |
| Answer» D. B.I.F.R | |
| 17. |
Which policy of Life Insurance Corporation is not specifically for the benefit of children? |
| A. | Jeevan Kishore |
| B. | life safety |
| C. | life shadow |
| D. | Jeevan Sukanya |
| Answer» C. life shadow | |
| 18. |
To what is the term Mandiya and Tejadiya related? |
| A. | horse riding |
| B. | public trade |
| C. | taxation |
| D. | Share Market |
| Answer» E. | |
| 19. |
What is the maximum percentage of foreign investment allowed by the Government of India in a private sector bank? |
| A. | 26 % |
| B. | 33 % |
| C. | 49 % |
| D. | 55 % |
| Answer» D. 55 % | |
| 20. |
The Narasimham Committee had recommended to make the banking structure at how many levels? |
| A. | Two |
| B. | three |
| C. | four |
| D. | Five |
| Answer» D. Five | |
| 21. |
Where is the headquarters of Insurance Regulatory and Development Authority? |
| A. | New Delhi |
| B. | Chennai |
| C. | Hyderabad |
| D. | Ahmedabad |
| Answer» D. Ahmedabad | |
| 22. |
Where is the headquarters of Small Industries Development Bank of India? |
| A. | Lucknow |
| B. | Mumbai |
| C. | New Delhi |
| D. | Bangalore |
| Answer» B. Mumbai | |
| 23. |
Who recommended the merger of Regional Rural Banks with their promoter banks? |
| A. | Narasimham Committee |
| B. | Khusro Committee |
| C. | Ferwani Committee |
| D. | Rangarajan Committee |
| Answer» C. Ferwani Committee | |
| 24. |
What is the minimum paid-up capital required for setting up new private banks in India? |
| A. | 50 crores Rs. |
| B. | 200 crores |
| C. | 250 crores Rs. |
| D. | 300 crores Rs. |
| Answer» C. 250 crores Rs. | |
| 25. |
How many Regional Rural Banks are there in the country? |
| A. | 175 |
| B. | 196 |
| C. | 216 |
| D. | 324 |
| Answer» C. 216 | |
| 26. |
In which country the maximum number of branches of Nationalized Bank of India are working? |
| A. | NS. NS. a. |
| B. | Bhutan |
| C. | Nepal |
| D. | U. K. |
| Answer» E. | |
| 27. |
In which five year plan period National Bank for Agriculture and Rural Development was established? |
| A. | Sivaraman Committee |
| B. | Narasimham Committee |
| C. | Farwani Committee |
| D. | none of these |
| Answer» B. Narasimham Committee | |
| 28. |
NABARD is the one to provide loan for rural development? |
| A. | Board |
| B. | Bank |
| C. | department |
| D. | block |
| Answer» C. department | |
| 29. |
Which foreign bank has the maximum number of branches in India? |
| A. | Au0026Z Grindlage Bank |
| B. | China Trust Bank |
| C. | City Bank |
| D. | none of these |
| Answer» B. China Trust Bank | |
| 30. |
Which state of India does not have any Regional Rural Bank? |
| A. | Bihar and Rajasthan |
| B. | Manipur and Nagaland |
| C. | Sikkim and Assam |
| D. | Sikkim and Goa |
| Answer» E. | |
| 31. |
First floating A in the country by State Bank of India |
| A. | Mumbai |
| B. | Visakhapatnam |
| C. | Chennai |
| D. | Kochi |
| Answer» E. | |
| 32. |
National Housing Bank is a controlling undertaking of? |
| A. | Reserve Bank of India |
| B. | Life Insurance Corporation of India |
| C. | Unit Trust of India |
| D. | nabard |
| Answer» B. Life Insurance Corporation of India | |
| 33. |
In which bank has the private sector Kashinath Bank been merged? |
| A. | State Bank of India |
| B. | Bank Of Baroda |
| C. | Punjab National Bank |
| D. | none of these |
| Answer» B. Bank Of Baroda | |
| 34. |
What is the number of associate banks associated with State Bank of India? |
| A. | 5 |
| B. | 7 |
| C. | 8 |
| D. | 9 |
| Answer» B. 7 | |
| 35. |
ith You All The Wayis the advertisement line of which bank? |
| A. | Reserve Bank of India |
| B. | State Bank of India |
| C. | Bank of India |
| D. | Bank Of Baroda |
| Answer» C. Bank of India | |
| 36. |
The Economic Survey of India is published every year by the official government? |
| A. | by planning commission |
| B. | Reserve Bank of India |
| C. | by ministry of industry |
| D. | by finance ministry |
| Answer» C. by ministry of industry | |
| 37. |
Canafina is a subsidiary of which Indian nationalized bank? |
| A. | Reserve Bank of India |
| B. | Canara Bank |
| C. | Bank of India |
| D. | State Bank of India |
| Answer» C. Bank of India | |
| 38. |
Which of the following is not helpful in money supply control? |
| A. | free market policy |
| B. | bank rate policy |
| C. | currency reserve ratio |
| D. | none of these |
| Answer» B. bank rate policy | |
| 39. |
Which is the largest commercial bank of India? |
| A. | State Bank of India |
| B. | Bank Of Baroda |
| C. | Punjab National Bank |
| D. | United Commercial Bank |
| Answer» B. Bank Of Baroda | |
| 40. |
Who controls the credit generated by merchant banks? |
| A. | State Bank of India |
| B. | Finance Ministry |
| C. | Indian government |
| D. | Reserve Bank of India |
| Answer» E. | |
| 41. |
When was the New Industrial Policy announced by the Government of India? |
| A. | on 24 July 1991 |
| B. | on 2 December 1991 |
| C. | on 15 August 1991 |
| D. | on 23 August 1991 |
| Answer» B. on 2 December 1991 | |
| 42. |
Which of the following publishes 'Energy Statistics' from time to time? |
| A. | Power Finance Corporation Limited |
| B. | electrical research institute |
| C. | planning commission central |
| D. | Central Statistical Organization |
| Answer» E. | |
| 43. |
Which system of note issuance is followed in India? |
| A. | minimum reserve system |
| B. | maximum fiduciary system |
| C. | proportional fiduciary system |
| D. | fixed fiduciary system |
| Answer» B. maximum fiduciary system | |
| 44. |
Which one of the following steps would be helpful in improving the situation in case of an inverse balance of payments? |
| A. | Overvaluation |
| B. | Monetization |
| C. | devaluation |
| D. | none of these |
| Answer» D. none of these | |
| 45. |
On the basis of what value of gold is the valuation of gold reserves of the Reserve Bank? |
| A. | 85 crores Rs. |
| B. | 115 crores Rs. |
| C. | 200 crores |
| D. | 300 crores Rs. |
| Answer» C. 200 crores | |
| 46. |
Indicates the purpose of devaluation? |
| A. | import incentive |
| B. | deficit budget restrictions |
| C. | black money control |
| D. | export promotion |
| Answer» E. | |
| 47. |
Is the oldest stock exchange in India? |
| A. | National Stock Exchange |
| B. | Bombay Stock Exchange |
| C. | Delhi Stock Exchange |
| D. | O.T.C.E.I |
| Answer» C. Delhi Stock Exchange | |
| 48. |
The Indian state whose financial transactions are not done through the Reserve Bank of India? |
| A. | Goa |
| B. | Arunachal Pradesh |
| C. | Jammu and Kashmir |
| D. | Sikkim |
| Answer» D. Sikkim | |
| 49. |
Which state has the lowest per capita income at current prices in India? |
| A. | Orissa |
| B. | A state in Eastern India |
| C. | Gujarat |
| D. | Rajasthan |
| Answer» C. Gujarat | |
| 50. |
Which state has the largest number of branches of public sector commercial banks? |
| A. | Uttar Pradesh |
| B. | Gujarat |
| C. | A state in Eastern India |
| D. | Maharashtra |
| Answer» B. Gujarat | |