1000 Best Indian Economy MCQs
Q153). Regional rural banks
a).I, III
b).II, III
c).I, II, III
d).I, II
Correct Answer:
I, II
Explanation:
Q154). The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
a).1984
b).1986
c).1987
d).1989
Correct Answer:
1987
Explanation:
Q155). The current price index (base 1960) is nearly 330. This means that
a).all items cost 3-3 times more than what they did in 1960
b).the prices of certain selected items have gone up to 3-3 times
c).weighted means of prices of certain item has increased 3-3 times
d).gold price has gone up 3-3 times
Correct Answer:
weighted means of prices of certain item has increased 3-3 times
Explanation:
Q156). Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
a).1000 rupee
b).500 rupee
c).100 rupee
d).All of the above
Correct Answer:
All of the above
Explanation:
Q157). Devaluation of currency will be more beneficial if
a).prices of domestic goods remain constant
b).prices of exports remain constant
c).prices of imports remains constant
d).prices of exports rise proportionately
Correct Answer:
prices of exports remain constant
Explanation:
Q158). Of the gross tax revenue of the Union Government the indirect taxes account for nearly
a).70 per cent
b).75 percent
c).65 percent
d).60 percent
Correct Answer:
65 percent
Explanation:
Q159). The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called
a).Statutory Bank Ratio (SBR)
b).Statutory Liquid Ratio (SLR)
c).Central Bank Reserve (CBR)
d).Central Liquid Reserve (CLR)
Correct Answer:
Statutory Liquid Ratio (SLR)
Explanation:
Q160). Reserve Bank of India was nationalized in the year
a).1935
b).1945
c).1949
d).1969
Correct Answer:
1949
Explanation: