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Indian Economy MCQ Questions for Bank Exam

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Indian Economy Questions and Answers



Q.36 Export-Import bank of India was established in?

(A) 1981

(B) 1982

(C) 1983

(D) 1984

Ans .  B


Q.37 National Bank for Agriculture and Rural Development (NABARD) was established in?

(A) 1980

(B) 1981

(C) 1982

(D) 1983

Ans .  C


Q.38 National Housing Bank (NHB) was established in?

(A) 1988

(B) 1989

(C) 1990

(D) 1991

Ans .  A


Q.39 Life Insurance Corporation (LIC) of India was established in?

(A) 1955

(B) 1956

(C) 1957

(D) 1958

Ans .  B


Q.40 General Insurance Corporation (GIC) was established in?

(A) 1971

(B) 1972

(C) 1973

(D) 1974

Ans .  B


Q.41 Gilt-edged market means

(A) the market of government securities

(B) bullion market

(C) market dealing with metals

(D) market dealing with exports

Ans .  A


Q.42 Gross domestic capital formation is defined as

(A) the flow of expenditure devoted to increased or maintaining of the capital stock

(B) expenditure incurred on physical assets only

(C) production exceeding demand

(D) net addition to stock after depreciation

Ans .  D


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