Q.1
For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America?
Q.2
Which of the following is not a part of machinery that settles industrial disputes?
Q.3
In the world in terms of Railway Network system India ranks:
Q.4
In India the term Black Revolution is associated with:
Q.5
Open market operation is a part of:
Q.6
Income tax in India was introduced by:
Q.7
Devaluation of currency leads to
Q.8

ICICI is the name of a

  • chemical industry
  • bureau
  • corporation
  • financial institution
Q.9

Gross domestic capital formation is defined as

  • flow of expenditure devoted to increased or maintaining of the capital stock
  • expenditure incurred on physical assets only
  • production exceeding demand
  • net addition to stock after depreciation
Q.10

The current price index (baseis nearlyThis means that

  • all items cost 3-3 times more than what they did in 1960
  • the prices of certain selected items have gone up to 3-3 times
  • weighted means of prices of certain item has increased 3-3 times
  • gold price has gone up 3-3 times
Q.11

Debenture holders of a company are its

  • shareholders
  • creditors
  • debtors
  • directors
Q.12

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

  • buy securities from non-government holders
  • sell securities in the open market
  • offer commercial banks more credit in the open market
  • openly announce to the market that it intends to expand credit
Q.13

The currency convertibility concept in its original form originated in

  • Wells Agreement
  • Bretton Woods Agreement
  • Taylors Agreement
  • None of the above
Q.14

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

  • I, II
  • II
  • I
  • II, III
Q.15

Development expenditure of the Central government does not include

  • defence expenditure
  • expenditure on economic services
  • expenditure on social and community services
  • grant to states
Q.16

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

  • tax sharing
  • grant-in-aids
  • loans
  • All the above
Q.17

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

  • State Road Transport Corporations
  • electricity boards
  • commercial irrigation projects
  • All of the above
Q.18

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

  • will decrease
  • will increase
  • will neither increase nor decrease
  • None of the above
Q.19

In utensils worth Rsare produced with copper worth Rswages paid are Rsother material purchased is worth Rsand depreciation of machinery is zero, then what is the value added in process?

  • Rs 1000
  • Rs 500
  • Rs 400
  • Rs 300
Q.20

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

  • Provident Fund
  • Life Insurance Policies
  • National Saving Certificate
  • Long-term Government Bonds
Q.21

India changed over to the decimal system of coinage in

  • April 1995
  • April 1957
  • April 1958
  • April 1959
Q.22

Gilt-edged market means

  • bullion market
  • market of government securities
  • market of guns
  • market of pure metals
Q.23

On Julythe ARDC was merged into

  • RBI
  • NABARD
  • EXIM Bank
  • None of the above
Q.24

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

  • 1000 rupee
  • 500 rupee
  • 100 rupee
  • All of the above
Q.25

Excise duty is a tax levied on the

  • import of goods
  • export of goods
  • production of goods
  • sale of goods
Q.26

Redistribution polices geared to reduce economic inequalities include

  • progressive tax policies
  • land reforms
  • rural development policies
  • All the above
Q.27

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

  • agricultural farms
  • cottage industry
  • large-scale industries
  • medium and small-scale industries
Q.28

Paper currency first started in India in

  • 1861
  • 1542
  • 1601
  • 1880
Q.29

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

  • 70 percent
  • 75 percent
  • 80 percent
  • 86 percent
Q.30

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

  • 1990
  • 1991
  • 1992
  • 1993
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