Indian Economy Questions Practice Question and Answer

Q:

Bank rate is the rate at which—

2257 0

  • 1
    A bank lends to the public.
    Correct
    Wrong
  • 2
    RBI lends to the public.
    Correct
    Wrong
  • 3
    RBI lends to commercial banks.
    Correct
    Wrong
  • 4
    Government of India lends to other countries.
    Correct
    Wrong
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Answer : 3. "RBI lends to commercial banks."

Q:

What is the demand for labor called?

2230 1

  • 1
    Market demand
    Correct
    Wrong
  • 2
    Direct demand
    Correct
    Wrong
  • 3
    Derived demand
    Correct
    Wrong
  • 4
    Factory demand
    Correct
    Wrong
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Answer : 3. "Derived demand"

Q:

In a cut motion, when the amount of demand is reduced by Rs 100/- , it is known as

2230 0

  • 1
    Disapproval of policy cut
    Correct
    Wrong
  • 2
    Economy cut
    Correct
    Wrong
  • 3
    Vote on Account
    Correct
    Wrong
  • 4
    Token cut
    Correct
    Wrong
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Answer : 4. "Token cut"

Q:

Who was the founder of Bank of Baroda?

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  • 1
    Maharaja Sayajirao II
    Correct
    Wrong
  • 2
    Maharaja Bajirao-III
    Correct
    Wrong
  • 3
    P. karamchandra
    Correct
    Wrong
  • 4
    Maharaj Chhatrasal
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 2. "Maharaja Bajirao-III"
Explanation :

The Maharaja of Baroda, Maharaja Sayajirao Gaekwad III, founded Bank of Baroda on 20 July 1908 in the Princely State of Baroda, in Gujarat. This year, it's our 116th Foundation Day, and we've so many reasons to celebrate and cherish our journey so far.

Q: The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called? 2171 0

  • 1
    FDI
    Correct
    Wrong
  • 2
    Portfolio Investment
    Correct
    Wrong
  • 3
    NRI Investment
    Correct
    Wrong
  • 4
    Foreign Indirect Investment
    Correct
    Wrong
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Answer : 4. "Foreign Indirect Investment"

Q:

The tree like structure of records in a database in-

2159 0

  • 1
    Network Model
    Correct
    Wrong
  • 2
    Hierarchical Model
    Correct
    Wrong
  • 3
    Relational Model
    Correct
    Wrong
  • 4
    Multi-Dimenmoral Model
    Correct
    Wrong
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Answer : 2. "Hierarchical Model"
Explanation :

Explain: -Hierarchical structures were widely used in the early mainframe database management system, such as the Information Management System

Q:

Cause of Inflation is -

2152 0

  • 1
    Increase in money supply
    Correct
    Wrong
  • 2
    Fall in production
    Correct
    Wrong
  • 3
    Increases in money supply and fall in production
    Correct
    Wrong
  • 4
    Decrease in money supply and fall in production
    Correct
    Wrong
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Answer : 3. "Increases in money supply and fall in production "

Q:

Which state in India is the major producer of mulberry silk?

2143 0

  • 1
    Karnataka
    Correct
    Wrong
  • 2
    Kerala
    Correct
    Wrong
  • 3
    Hyderabad
    Correct
    Wrong
  • 4
    Chennai
    Correct
    Wrong
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Answer : 1. "Karnataka"

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