Indian Economy MCQ-227

Economy MCQ Quiz IES,CivilServices,WBPSC,HPPSC,UPPSC,CDS Exams



Consider the followings pairs
Large Bank –Country of Origin
1. ABN Amro Bank : Netherlands
2. Barclays Bank : UK
3. Kookmin Bank : South Korea
Which of the statements given above is/are correct?

 
 
 
 

Which one among the following Nationalised Banks is the most latest in the term of establishment?

 
 
 
 

Many a time we read in the newspaper the term ‘Hot Money’. Which of the following is the correct definition of Hot Money?

 
 
 
 

The major aim of devaluation is to

 
 
 
 

With regards to the Service Area Approach Programme, consider the following
1. Avoidance of duplication of development efforts.
2. Organised and planned lending in the designated areas.
3. Monitoring and assessment of the service and its impact or production level.
4. Optimize the credit and linkages between the production and productivity.
Which of the benefits given above art actually accrued from the Service Area Approach Programme?

 
 
 
 

With reference to Indian Economy consider the following statements
1. Special Agricultural Credit Plan (SACP) is mainly implemented by the Public Sector Banks.
2. Special Agricultural Credit Plan (SACP) was launched in the Fourth Five Year Plan.
Which of the statements given above is/are correct?

 
 
 
 

Which of the following terms indicate a mechanism used by commercial banks for providing credit to the Government?

 
 
 
 

Which one of the following committees was constituted to bring reform in the Indian Banking System?

 
 
 
 

Which one of the following is correct about the Hundis in the Indian Banking System?

 
 
 
 

Which one of the following is correctly matched?

 
 
 
 

Which one of the following is not correct about the microfinance?

 
 
 
 

Select the incorrect one/(s) about the Regional Rural Banks (RRBs) in India from the given statements using the codes given below
1. They are now being merged with the public sector banks under whom they used to function.
2. The original mandate of their clientele has now been abolished
3. They cannot forward advances at commercial interest rates.

 
 
 
 

Banks of India are required to maintain a certain ratio between their risky assets and capital which is known as

 
 
 
 

Select the correct statement regarding the Priority Sector Lending (PSL) obligations of the banks operating in India

 
 
 
 

Select the correct one/ones about Local Area Banks (LABs) using t code given below
1. They ensure focused savings a credit mobilization by defining their clear boundary of operation.
2. They operate in narrow geographic area of three continuous districts.
3. Private sector is allowed to enter the segment.

 
 
 
 

Select the correct one/ones about the Banking Financial Supervision (BFS) India
1. The RBI performs financial supervision function under tt guidance of the Board for Financial Supervision (BFS).
2. Primary objective of BFS is undertake consolidate supervision the financial sector comprising commercial banks, financial institutions and non-banking finance companies.

 
 
 
 

Select the correct one/ones about th cooperative banks in India from the given choices using the codes
1. The Urban Co-operative Bank (ICBS), Until 1996, could only lend for non-agricultural purposes.
2. These banks provide most service; such as savings and current accounts, safe deposit lockers, loan or mortgages to private and business customers.

 
 
 
 

Which one of the following markets is not the Capital Market in the India Economy?

 
 
 
 

Which of the following statements is correct with reference to FEMA in India?

 
 
 
 

Consider the following statements
I. Indian Depository Receipt is an instrument denominated in Indian Rupees in the form of a depository receipt created by the custodian of securities registered with the Securities and Exchange Board of India against the underlying equity of issuing company.
2. Standard Chartered PLC became the first global company to file for an issue of Indian depository receipts in India.
Which of the statements given above is/are correct?

 
 
 
 

In which one of the following Five Year Plan of the Indian Economy did the Security Exchange Board of India (SEBI) make a statutory Institution?

 
 
 
 

Consider the following statements
1. Foreign Exchange Management Act (FEMA) was passed in 1991 to replace Foreign Exchange Regulation Act.
2. FEMA serves to make transactions for external trade (exports and imports) easier.
Which of the statements given above is/are correct?

 
 
 
 

Which one of the following agencies in the Indian Capital market has authority to regulate the Mutual fund markets in India?

 
 
 
 

Consider the following statements in India, Taxes on transaction in Stock Exchanges and Future Markets are
1. Levied by the Union
2. Collected by the States
Which of the statements given above is/are correct?

 
 
 
 

With reference to Indian Capital market, consider the following statements
1. CRISIL was set up in the Eight Five Year Plan.
2. CRISIL rates the debt instruments of the public sectors.
Which of the statements given above is/are correct?