Indian Economy Practice Question and Answer
8 Q: Which of the following banks got the top spot among the PSU banks in the digital transactions as per the report published by the Department of Financial Services?
1366 061824f0ce9ec4a6710563d63
61824f0ce9ec4a6710563d63- 1State Bank of Indiafalse
- 2Bank of Indiafalse
- 3Punjab National Banktrue
- 4Bank of Barodafalse
- 5IDBI Bankfalse
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Answer : 3. "Punjab National Bank"
Explanation :
State Bank of India (SBI) and its associate banks and other commercial banks such as Central Bank of India, Bank of India, Punjab National Bank and various regional rural banks are some examples of public sector commercial banks.
Q: A ____________ occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings.
1356 05f4cb7765e74bc4ee54ea1cb
5f4cb7765e74bc4ee54ea1cb- 1Current Account Deficitfalse
- 2Budgetary Deficitfalse
- 3Revenue Deficitfalse
- 4Fiscal Deficittrue
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Answer : 4. "Fiscal Deficit"
Q: Which curve shows the inverse relationship between unemployment and inflation rates?
1355 05f572460c1a5d57a18308e06
5f572460c1a5d57a18308e06- 1Phillips curvetrue
- 2Indifference curvefalse
- 3IS curvefalse
- 4Supply curvefalse
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Answer : 1. "Phillips curve "
Q: When was the National Nyadarshan established in the country?
1352 06052f265528a962d2e419bd1
6052f265528a962d2e419bd1- 11955false
- 21965false
- 31950true
- 41952false
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Answer : 3. "1950"
Q: Due to worldwide great depression, ‘New Deal’ was declared by?
1351 0650ad8ac761b44505eca6d60
650ad8ac761b44505eca6d60- 1Abhraham Linconfalse
- 2Benzamin Frankllinfalse
- 3J.F. Kennedyfalse
- 4Roozwelttrue
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Answer : 4. "Roozwelt"
Explanation :
Explain: -New Deal definition. A group of government programs and policies established under President Franklin D. Roosevelt in the 1930s; the New Deal was designed to improve conditions for persons suffering in the Great Depression.
Q: When did the process of globalization begin in India?
1349 0603765e7cd43d04a8f4b69f7
603765e7cd43d04a8f4b69f7- 11991true
- 21980false
- 31992false
- 41996false
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Answer : 1. "1991"
Q: Bokaro Steel Plant has been established with the help of which country?
1348 060d316c0025df84f0791d22e
60d316c0025df84f0791d22e- 1Great Britainfalse
- 2Francefalse
- 3Russiatrue
- 4none of thesefalse
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Answer : 3. "Russia"
Q: Which of the following crops is more than all the countries of the world in India?
1348 05efbfbc8d7fe817321ad361a
5efbfbc8d7fe817321ad361a- 1Wheatfalse
- 2Cottonfalse
- 3Sugarcanetrue
- 4Ricefalse
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