Indian Economy MCQ-243

Indian Economy objective Questions for CivilsPrelims,TET,WBPSC,HPPSC,UPPSC Exams

Consider the following events:

1. Conversion of Imperial Bank of India into S.B.I.

2. Establishment of NABARD
3. Setting up of RRBs
4. Nationalisation of R.B.I.

The correct chronological sequence of these events is :


National Savings Certificate matures at the end of:


Word Bull and Big are associated with which branch of commercial activity?


How do we define the terms bull and bear with regard to stock markets?


What do you understand by Bear raid?


Consider the following statements:
1. Reserve Bank of India was nationalized on 26 January, 1950
2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance

Which of the statements given above is/are correct?


What are gilt-edged securities?


The functions of the Reserve Bank of India are:

1. issuing all notes and coins
2. distributing all notes and coins
3. formulating monetary policy

4. acting as agent of Government in respect of India’s membership of the IMF


The central banking functions in India are performed by the:


Normally banks accept Fixed Deposit for a maximum period of:


Bank rate is the rate at which:


Which of the following committee launched the process of reforms of financial system in India?


The National Stock Exchange functions from:


Abid Hussain Committee is related to reforms in _____ industries.


Among the following, which one is not a credit rating agency operating in India?


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


According to the RBI directions, a NBFC (Non-Banking Finance Company) must possess a Net-owned Fund of the amount:


Non-Banking Financial Company (NBFC) does not have which of the following functions?


Green Banking Channel has been launched by:


Participatory Notes (PNs) are associated with which one of the following?


Consider the following Acts.

A. Enactment of Banking Regulation Act
B. Nationalisation of State Bank of India
C. Nationalization of SBI subsidiaries
D. Nationalisation of 14 major Banks.

Choose the right option for the correct chronological order of the above acts.


‘Repo rate’ is the rate at which:


Repo rate is decided by which of the following organizations?


Recession is:


The Securities and Exchange Board of India has been set up to :
1. protect the interests of investors
2. to regulate the activities of brokers in the stock market
3. to ensure transparency in operation in the stock market.
4. to encourage a healthy growth of the stock market

Choose your answer from: