Indian Economy Practice Question and Answer

Q:

The first bank to open its branch outside India in London in 1946

1728 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:

What is the accounting year period of Reserve Bank of India?

1712 0

  • 1
    April to March
    Correct
    Wrong
  • 2
    July to June
    Correct
    Wrong
  • 3
    January to December
    Correct
    Wrong
  • 4
    August to July
    Correct
    Wrong
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Answer : 2. "July to June "

Q:

Gilt alt market is related to?

1710 0

  • 1
    Gold and silver
    Correct
    Wrong
  • 2
    currency note
    Correct
    Wrong
  • 3
    Government securities
    Correct
    Wrong
  • 4
    Letter of credit
    Correct
    Wrong
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Answer : 1. "Gold and silver"

Q:

Who was the founder of Bank of Baroda?

1709 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:

Cause of Inflation is -

1695 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 multinational company bought 'Thums Up' brand of Parle Group?

1690 0

  • 1
    Nokia
    Correct
    Wrong
  • 2
    Reebok
    Correct
    Wrong
  • 3
    L. G.
    Correct
    Wrong
  • 4
    Coca-Cola
    Correct
    Wrong
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Answer : 4. "Coca-Cola"

Q:

‘COPRA’   is a_______

1688 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 "

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