Indian Economy Practice Question and Answer
8 Q: Which form of currency is more prevalent nowadays?
1488 05fc2185096415e6951aee86b
5fc2185096415e6951aee86b- 1Metallic moneyfalse
- 2letter moneytrue
- 3Coinsfalse
- 4All of thesefalse
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Answer : 2. "letter money"
Q: Which of the following monetary policy instruments is used by the RBI to control inflation?
1483 05f16b980cf79540a753942ee
5f16b980cf79540a753942ee- 1Fiscal tractionfalse
- 2Austerity measuresfalse
- 3Repo ratetrue
- 4Fiscal boostfalse
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Answer : 3. "Repo rate"
Q: Which of the following is popular as plastic currency?
1481 05fc2280b4f2f6c622bf41efb
5fc2280b4f2f6c622bf41efb- 1A. Tmtrue
- 2paper notefalse
- 3Checkfalse
- 4Draftfalse
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Answer : 1. "A. Tm"
Q: Which of the following are not functions of currency?
1480 05fc218a456860473cc61425e
5fc218a456860473cc61425e- 1Mediumfalse
- 2Measurementfalse
- 3Paymentfalse
- 4Writing and editingtrue
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Answer : 4. "Writing and editing"
Q: National Institute of Agricultural Marketing is located at?
1476 061139d23f65c04691bf271ef
61139d23f65c04691bf271ef- 1Jaipurtrue
- 2Hyderabadfalse
- 3New Delhifalse
- 4none of thesefalse
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Answer : 1. "Jaipur"
Q: When was the Bombay Stock Exchange established?
1469 05f08316c429a37679ec221e1
5f08316c429a37679ec221e1- 11890 A.D.false
- 21865 A.D.false
- 31875 A.D.true
- 41881 A.D.false
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Answer : 3. "1875 A.D."
Q: Which of the following issued initial Public Offer no rins for Life Insurance?
1467 06087b30b9f98193d2de7a776
6087b30b9f98193d2de7a776- 1CRISILfalse
- 2SEBIfalse
- 3RBItrue
- 4IRDAfalse
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Answer : 3. "RBI"
Q: With which of the following sectors is the agency short-named as CIBIL associated
1453 06576efbefd78a97b0a43f28a
6576efbefd78a97b0a43f28a- 1Insurance sectorfalse
- 2Automobile sectorfalse
- 3Banking sectortrue
- 4Sugar sectorfalse
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Answer : 3. "Banking sector"
Explanation :
The full name of CIBIL is Credit Information Bureau India Limited. It is a credit information company, which maintains records of all credit related activities of individuals and organizations. Banks, non-banking finance companies and other financial institutions submit customer credit information to the bureaus.