Indian Economy Practice Question and Answer
8 Q: Which of the following issued initial Public Offer no rins for Life Insurance?
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6087b30b9f98193d2de7a776- 1CRISILfalse
- 2SEBIfalse
- 3RBItrue
- 4IRDAfalse
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Answer : 3. "RBI"
Q: How much maternity benefits will be given to the pregnant mothers under the National Food Security Bill?
1793 05f8eaa9af28f4b47be464219
5f8eaa9af28f4b47be464219- 1Rs. 5000/yearfalse
- 2Rs.3000/yearfalse
- 3Rs.6000/yeartrue
- 4Rs.4000/yearfalse
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Answer : 3. "Rs.6000/year"
Q: Who among the following is associated as a head with the Highlevel Task Force on Public Credit Registry (PCR) formed by the Reserve Bank of India?
1788 0618234e0d1d2fd61946efb22
618234e0d1d2fd61946efb22- 1S Venkitaramanfalse
- 2G. Ambegaokarfalse
- 3Yeshwant M. Deosthaleetrue
- 4R S Gujralfalse
- 5S R Raofalse
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Answer : 3. "Yeshwant M. Deosthalee"
Explanation :
High Level Task Force Report Summary Public Credit Registry for India. The Reserve Bank of India (RBI) had constituted a High Level Task Force (Chair: Mr. Y. M. Deosthalee) to assess the need and scope of setting up a Public Credit Registry in India.
Q: Which of the following will cause property prices to fall?
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5efbf6a10a52267797b6afba- 1More liquidity in the economyfalse
- 2Reduction in reverse repo rate by RBIfalse
- 3Increase in reverse repo rate by RBIfalse
- 4Demand and Supplytrue
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Answer : 4. "Demand and Supply"
Explanation :
Demand and Supply: For any given area, demand in the real estate will always be inversely proportional to supply. If there is a decrease in supply, prices will obviously go up for the existing projects. With an overall increase in the number of unsold housing projects, prices will go down for each one of them.
Q: When was the Planning Commission formed in India?
1764 05f7d53ea3c7d8710e014920c
5f7d53ea3c7d8710e014920c- 115 March 1950true
- 215 September 1950false
- 315 October 1951false
- 4None of thesefalse
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Answer : 1. "15 March 1950"
Q: Rainbow revolution is related to?
1759 06142dea456320f13fbcbbfe6
6142dea456320f13fbcbbfe6- 1Blue Revolutionfalse
- 2Green Revolutionfalse
- 3White Revolutionfalse
- 4all of thesetrue
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Answer : 4. "all of these"
Q: Which of the following statements is correct?
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6336e8b55c208a6bf71b7807- 1Most workers will work for less than their reservation wagefalse
- 2The reservation wage is the maximum amount of any firm will pay for a workerfalse
- 3Economic rent is the difference between the market wage and the reservation wagetrue
- 4Economic rent is the amount one must pay to enter a desirable labour marketfalse
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Answer : 3. "Economic rent is the difference between the market wage and the reservation wage"
Q: In which of the following banks, a person cannot open his account?
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6088f9ef06b39f63ea8ee107- 1Bank of Indiafalse
- 2Urban Co-operative Bankfalse
- 3Reserve Bank of Indiatrue
- 4All thesefalse
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