Indian Economy Questions Practice Question and Answer
8 Q: The first bank to open its branch outside India in London in 1946
2149 061b7509c7a5b3510e9c5e7aa
61b7509c7a5b3510e9c5e7aa- 1Bank of Indiatrue
- 2Canara Bankfalse
- 3Imperial Bank of Indiafalse
- 4Central Bank of Indiafalse
- 5None of thesefalse
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Answer : 1. "Bank of India"
Explanation :
The first Indian bank to open a branch outside India was the Bank of India. It established its first overseas branch in London in 1946.
Q: In a cut motion, when the amount of demand is reduced by Rs 100/- , it is known as
2129 05d7b8785268c0f29d590e05d
5d7b8785268c0f29d590e05d- 1Disapproval of policy cutfalse
- 2Economy cutfalse
- 3Vote on Accountfalse
- 4Token cuttrue
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Answer : 4. "Token cut"
Q: Which state in India is the major producer of mulberry silk?
2090 05ef4348081a47f2e7aeff7da
5ef4348081a47f2e7aeff7da- 1Karnatakatrue
- 2Keralafalse
- 3Hyderabadfalse
- 4Chennaifalse
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Answer : 1. "Karnataka"
Q: Who was the founder of Bank of Baroda?
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61b74f287fd9195ddf2d13b8- 1Maharaja Sayajirao IIfalse
- 2Maharaja Bajirao-IIItrue
- 3P. karamchandrafalse
- 4Maharaj Chhatrasalfalse
- 5None of thesefalse
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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? 2082 05ee874cd109b5d6e015ec306
5ee874cd109b5d6e015ec306- 1FDIfalse
- 2Portfolio Investmentfalse
- 3NRI Investmentfalse
- 4Foreign Indirect Investmenttrue
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Answer : 4. "Foreign Indirect Investment"
Q: Cause of Inflation is -
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60a36dd7d3afc7379b0c205f- 1Increase in money supplyfalse
- 2Fall in productionfalse
- 3Increases in money supply and fall in productiontrue
- 4Decrease in money supply and fall in productionfalse
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Answer : 3. "Increases in money supply and fall in production "
Q: Which among of the following is not a positive sign for any industry.
2038 06336de5230141c336c39f81a
6336de5230141c336c39f81a- 1Decrease in profittrue
- 2Labour instabilityfalse
- 3Decrease in marketfalse
- 4Decrease in demandfalse
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Answer : 1. "Decrease in profit "
Explanation :
Explain: -Decrease in profit is not a sudden positive sign.
Q: Who among the following became the first Chief Minister of the National Capital Territory of Delhi in 1993?
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6572e137a1070fbf9bedc055- 1Madan Lal Khuranatrue
- 2Sheila Dixitfalse
- 3Sushma Swarajfalse
- 4Sahib Singh Vermafalse
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Answer : 1. "Madan Lal Khurana"
Explanation :
1. Madan Lal Khurana (15 October 1936 – 27 October 2018) was an Indian politician and former Chief Minister of Delhi from 1993 to 1996.
2. He was succeeded by Gurmukh Nihal Singh of the Indian National Congress, who held the post for just one year in 1955.
3. The States Reorganization Act, 1956 made Delhi a union territory under central control.