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General Knowledge on Indian Economy | GK test on Indian Economy Page 5
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Indian Economy

General Knowledge on Indian Economy

(Click on suggested Options to select the answer | Color Red means : Wrong & Green Means: Correct)

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41. Which one of the following is not a 'Money Market Instrument'?
42. Which of the following is not an Indirect Tax?
43. Open Market Operations by a Central Bank involves
  • A. Raising or Lowering of Marginal Requirments
  • B. Sale and Purchase of Government Securities
  • C. Increase or Decrease Discount Rate
  • D. Changing the Reserve Ratio Up and Down
  • Check Answer | Discussion
44. Which of the following markets are independtly regulated by Forward Market Commission?
45. With reference to a cheque, which of the following is the 'drawee bank'?
  • A. The bank upon which the cheque is drawn
  • B. The endorsee's bank
  • C. The payee's bank
  • D. The bank that collects the cheque
  • Check Answer | Discussion
46. With reference to the institution of Banking Ombudsman in India, which one of the statement is not correct?
  • A. The services provided by the Banking Ombudsman are free of any fee
  • B. The orders passed by the Banking Ombudsman are final and binding on the parties concerned
  • C. Banking Ombudsman can consider complaints from NRIs having accounts in India
  • D. The Banking Ombudsman is appointed by the RBI
  • Check Answer | Discussion
47. With reference to the institution of Banking Ombudsman in India, which one of the statement is not correct?
  • A. The services provided by the Banking Ombudsman are free of any fee
  • B. The orders passed by the Banking Ombudsman are final and binding on the parties concerned
  • C. Banking Ombudsman can consider complaints from NRIs having accounts in India
  • D. The Banking Ombudsman is appointed by the RBI
  • Check Answer | Discussion
48. The strategic aim of IRDP is
  • A. to provide the required inputs for increasing agriculture productivity
  • B. to provide more opportunities for rural employment and credit facilities at concessional rate of interest
  • C. to reduce unemployment
  • D. None of the above
  • Check Answer | Discussion
49. Which one of the following is a revamp of the IRDP?
  • A. Community based pro-poor initiative
  • B. Jawahar Gram Samridhi Yojana
  • C. Swarnajayanti Gram Swarozgar Yojana
  • D. National Social Assistance Programme
  • Check Answer | Discussion
50. Which one of the following pairs is not matched correctly?
  • A. Kingfisher Airlines : MDR Airlines
  • B. Jet Airways : Air Sahara
  • C. Tata Steel : Corus Group
  • D. Hindalco Industries : Novelis
  • Check Answer | Discussion

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