Explore topic-wise MCQs in General Knowledge.

Development expenditure of the Central government does not include

ICICI is the name of a

The central banking functions in India are performed by the

1. Central Bank of India
2. Reserve Bank of India
3. State Bank of India
4. Punjab National Bank

Gilt-edged market means

In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?

Regional rural banks

1. have limited area of operation
2. have free access to liberal refinance facilities from NABARD
3. are required to lend only to weaker sections

The co-operative credit societies have a

Since the inception of the co-operative movement, rural credits has been

If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be

The current price index (base 1960) is nearly 330. This means that

Notes on which denomination has the portrait of Mahatma Gandhi printed on them?

Devaluation of currency will be more beneficial if

Of the gross tax revenue of the Union Government the indirect taxes account for nearly

Non Tax revenues can be increased by improving the working of the

The Board of Industrial and Financial Reconstruction (BIFR) came into existence in

If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits

In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines

The currency convertibility concept in its original form originated in

In the state of India, the State Financial Corporation have given assistance mainly to develop

The first wholly Indian Bank was set up in

States earn maximum revenue through

The central co-operative banks are in direct touch with

Gross domestic capital formation is defined as

On July 12, 1982, the ARDC was merged into

India changed over to the decimal system of coinage in

The association of the rupee with pound sterling as the intervention currency was broken in

One of the reasons for India's occupational structure remaining more or less the same over the years has been that

Devaluation of a currency means

In the second nationalization of commercial banks, ___ banks were nationalized.

Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves

1. interest payments
2. subsidies
3. defence
4. irrigation

Depreciation means

Which of the following is the most appropriate cause of exports surplus?

If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to

Which of the following items would not appear in a company's balance sheet?

Debenture holders of a company are its

Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfer are

The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called

Revenue of the state governments are raised from the following sources, except

Excise duty is a tax levied on the

Which of the following is not viewed as a national debt?

The condition of indirect taxes in the country's revenue is approximately

Deficit financing means that the government borrows money from the

Deficit financing implies

In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?

The ARDC is now a branch of the

Devaluation of currency leads to

If the RBI adopts an expansionist open market operations policy, this means that it will

Short-term finance is usually for a period ranging up to

In India, which one among the following formulates the fiscal policy?

The budget deficit means