Bankers Adda it also a great Place to call GK Quiz adda.
Now bankers adda came back with a New Quiz on GK
Go through the quiz and if you have any doubts please contact bankers adda in the comment section.
English Learning Tips Invention Quiz Shortcuts
Interview Tips Abbreviations Dates to Remember
General Knowledge Quiz on Indian Economy 7
1. Short-term finance is usually for a period ranging up to
A. 5 months
B. 10 months
C. 12 months
D. 15 months
2. Redistribution polices geared to reduce economic inequalities include
A. progressive tax policies
B. land reforms
C. rural development policies
D. All the above
3. The budget deficit means
A. the excess of total expenditure, including loans, net of lending over revenue receipts
B. difference between revenue receipts and revenue expenditure
C. difference between all receipts and all the expenditure
D. fiscal deficit less interest payments
4. In India, which one among the following formulates the fiscal policy?
A. Planning Commission
B. Ministry of Finance
C. Finance Commission
D. The Reserve Bank of India
5. 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?
A. Rs 1000
B. Rs 500
C. Rs 400
D. Rs 300
6. Deficit financing implies
A. printing new currency notes
B. replacing new currency with worn out currency
C. public expenditure in excess of public revenue
D. public revenue in excess of public expenditure
7. Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to
A. ARDC
B. SBI
C. NABARD
D. PACs
8. Which of the following is not a part of machinery that settles industrial disputes?
A. Wage Court
B. Works Committee
C. Conciliation officers
D. Board of Conciliation
9. The ARDC is now a branch of the
A. RBI
B. NABARD
C. IDBI
D. SDBI
10. Paper currency first started in India in
A. 1861
B. 1542
C. 1601
D. 1880
Now bankers adda came back with a New Quiz on GK
Go through the quiz and if you have any doubts please contact bankers adda in the comment section.
English Learning Tips Invention Quiz Shortcuts
Interview Tips Abbreviations Dates to Remember
General Knowledge Quiz on Indian Economy 7
1. Short-term finance is usually for a period ranging up to
A. 5 months
B. 10 months
C. 12 months
D. 15 months
2. Redistribution polices geared to reduce economic inequalities include
A. progressive tax policies
B. land reforms
C. rural development policies
D. All the above
3. The budget deficit means
A. the excess of total expenditure, including loans, net of lending over revenue receipts
B. difference between revenue receipts and revenue expenditure
C. difference between all receipts and all the expenditure
D. fiscal deficit less interest payments
4. In India, which one among the following formulates the fiscal policy?
A. Planning Commission
B. Ministry of Finance
C. Finance Commission
D. The Reserve Bank of India
5. 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?
A. Rs 1000
B. Rs 500
C. Rs 400
D. Rs 300
6. Deficit financing implies
A. printing new currency notes
B. replacing new currency with worn out currency
C. public expenditure in excess of public revenue
D. public revenue in excess of public expenditure
7. Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to
A. ARDC
B. SBI
C. NABARD
D. PACs
8. Which of the following is not a part of machinery that settles industrial disputes?
A. Wage Court
B. Works Committee
C. Conciliation officers
D. Board of Conciliation
9. The ARDC is now a branch of the
A. RBI
B. NABARD
C. IDBI
D. SDBI
10. Paper currency first started in India in
A. 1861
B. 1542
C. 1601
D. 1880
