Q1. Gross domestic product is a measure of:
(a) A country’s international economic activities
(b) A country’s domestic economic activities
(c) A country’s financial position
(d) A country’s industrial output
Q2. Imperial Bank was constituted in the year:
(a) 1930
(b) 1935
(c) 1955
(d) 1921
Q3. Which Five Year Plan duration was of four years only?
(a) Third
(b) Fourth
(c) Fifth
(d) Seventh
Q4. The Minimum Support Price for food grains was introduced in the year:
(a) 1944
(b) 1964
(c) 1974
(d) 1954
Q5. The oilseeds Production Programme (OPP) was launched in
(a) 1986
(b) 1987
(c) 1988
(d) 1990
Q6. Plan Holiday was declared after
(a) The First Five Year Plan
(b) The Second Five Year Plan
(c) The Third Five Year Plan
(d) The Fourth Five Year Plan
Q7. Agriculture should serve as an instrument of income, livelihood and opportunity to the local community – this statement was given by
(a) Dr Madhavan Nair
(b) Dr Manmohan Singh
(c) Dr Abdul Khan
(d) Dr M S Swaminathan
Q8. The ‘more mega store’ retail chain belongs to which Indian industry?
(a) Reliance Industry
(b) Bharti Enterprises
(c) Aditya Birla Group
(d) None of these
Q9. The fourteen major banks in India were nationalised in the year
(a) 1967
(b) 1968
(c) 1969
(d) 1971
Q10. Which one of the following is an example for Non-Banking financial institution?
(a) RBI
(b) SBI
(c) IOB
(d) LIC
Q11. The RBI issues currency notes under the
(a) Fixed Fiduciary System
(b) Maximum Fiduciary System
(c) Fixed Minimum Reserve System
(d) Proportional Reserve System
Q12. Which of the following is not the source of the revenue of central Government?
(a) Income Tax
(b) Corporate Tax
(c) Agricultural Income Tax
(d) Excise Duty
Q13. From which of the following banks did Madan Mohan Malaviya take loans for financing “The Hindustan Times”?
(a) Punjab National Bank
(b) Bank of Maharashtra
(c) Bank of Baroda
(d) State Bank of India
Q14. The Community Development Programme was launched in the year
(a) 1950
(b) 1952
(c) 1951
(d) 1953
Q15. The purchase and sale of securities by the Central Bank is known as
(a) Variable reserve ratio
(b) Bank rate
(c) Open Market operation
(d) Net liquidity ratio
