Indian Economy Questions Practice Question and Answer

Q:

‘COPRA’   is a_______

1584 0

  • 1
    Credit Rationing Scheme
    Correct
    Wrong
  • 2
    Mega city scheme
    Correct
    Wrong
  • 3
    Consumer protection Act
    Correct
    Wrong
  • 4
    Domestic Trade protection measure
    Correct
    Wrong
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Answer : 3. "Consumer protection Act "

Q: The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called? 1580 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 first bank to open its branch outside India in London in 1946

1572 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Canara Bank
    Correct
    Wrong
  • 3
    Imperial Bank of India
    Correct
    Wrong
  • 4
    Central Bank of India
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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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:

How much maternity benefits will be given to the pregnant mothers under the National Food Security Bill?

1537 0

  • 1
    Rs. 5000/year
    Correct
    Wrong
  • 2
    Rs.3000/year
    Correct
    Wrong
  • 3
    Rs.6000/year
    Correct
    Wrong
  • 4
    Rs.4000/year
    Correct
    Wrong
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Answer : 3. "Rs.6000/year"

Q:

Who was the founder of Bank of Baroda?

1503 0

  • 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:

When was the first National Population Policy implemented in India?

1485 1

  • 1
    1952
    Correct
    Wrong
  • 2
    1976
    Correct
    Wrong
  • 3
    1987
    Correct
    Wrong
  • 4
    1950
    Correct
    Wrong
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Answer : 2. "1976"

Q:

What is the base year to calculate the National income in India?

1482 0

  • 1
    2004-05
    Correct
    Wrong
  • 2
    2010-11
    Correct
    Wrong
  • 3
    2014-15
    Correct
    Wrong
  • 4
    2011-12
    Correct
    Wrong
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Answer : 4. "2011-12"

Q:

___________ unemployment happens when people are not able to find jobs during some months of the year.

1465 1

  • 1
    Disguised
    Correct
    Wrong
  • 2
    Educated
    Correct
    Wrong
  • 3
    Seasonal
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 3. "Seasonal"

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