SSC Practice Question and Answer

Q: If the Reserve Bank of India wants to increase the Cash Reserves commercial Banks, which among the following would be the most probable step taken by 1708 0

  • 1
    Release Gold from its reserves
    Correct
    Wrong
  • 2
    Buy bonds in the open market
    Correct
    Wrong
  • 3
    prohibit the transactions that involve bill of exchange
    Correct
    Wrong
  • 4
    Increase the tranche reserves with the IMF
    Correct
    Wrong
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Answer : 2. "Buy bonds in the open market"

Q: Maximum share in India’s total external debt is of which among the following currency? 1410 0

  • 1
    US Dollar
    Correct
    Wrong
  • 2
    Indian Rupee
    Correct
    Wrong
  • 3
    Euro
    Correct
    Wrong
  • 4
    Japanese yen
    Correct
    Wrong
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Answer : 1. "US Dollar"

Q: National Small Savings Fund is a part of which among them following? 1512 0

  • 1
    Consolidated Fund of India
    Correct
    Wrong
  • 2
    Public Account of India
    Correct
    Wrong
  • 3
    Contingency Fund of India
    Correct
    Wrong
  • 4
    Prime Minister's Relief Fund
    Correct
    Wrong
  • 5
    Consolidated Fund of India
    Correct
    Wrong
  • 6
    Public Account of India
    Correct
    Wrong
  • 7
    Contingency Fund of India
    Correct
    Wrong
  • 8
    Prime Minister's Relief Fund
    Correct
    Wrong
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Answer : 2. "Public Account of India" 6. "Public Account of India"

Q: National Small Savings Fund is a part of which among the following? 1943 0

  • 1
    Consolidated Fund of India
    Correct
    Wrong
  • 2
    Public Account of India
    Correct
    Wrong
  • 3
    Contingency fund of India
    Correct
    Wrong
  • 4
    Prime Minister's Relief Fund
    Correct
    Wrong
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Answer : 2. "Public Account of India"

Q: The minimum interest rate of a bank below which it is not viable to lend, is known as ____: 1291 0

  • 1
    Reserved Rate
    Correct
    Wrong
  • 2
    Base Rate
    Correct
    Wrong
  • 3
    Marginal Rate
    Correct
    Wrong
  • 4
    Prime Lending Rate
    Correct
    Wrong
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Answer : 2. "Base Rate"

Q: Which among the following programmes is NOT being implemented in India with assistance of World Bank? 1287 0

  • 1
    National Vector Borne Disease control and Polio Eradication
    Correct
    Wrong
  • 2
    National Rural Livelihoods Project
    Correct
    Wrong
  • 3
    PMGSY Rural Roads Project
    Correct
    Wrong
  • 4
    Delhi Mumbai Industrial Corridor Project
    Correct
    Wrong
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Answer : 4. "Delhi Mumbai Industrial Corridor Project"

Q: If you go to the market and purchase an Air conditioner for your factory, then in economic terminology, you are most probably doing which among the fo 1285 0

  • 1
    Consumption
    Correct
    Wrong
  • 2
    Production
    Correct
    Wrong
  • 3
    Asset Creation
    Correct
    Wrong
  • 4
    Investment
    Correct
    Wrong
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Answer : 1. "Consumption"

Q: Reserve Tranche Position (RTP) is a term used in context with ____? 1700 0

  • 1
    Reserve Bank of India
    Correct
    Wrong
  • 2
    Federal Reserve Bank of America
    Correct
    Wrong
  • 3
    World Bank
    Correct
    Wrong
  • 4
    International Monetary fund
    Correct
    Wrong
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Answer : 4. "International Monetary fund"

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