Indian Economy Practice Question and Answer

Q:

Which Bank has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments?

1174 1

  • 1
    PNB
    Correct
    Wrong
  • 2
    SBI
    Correct
    Wrong
  • 3
    HDFC
    Correct
    Wrong
  • 4
    Yes Bank
    Correct
    Wrong
  • 5
    ICICI
    Correct
    Wrong
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Answer : 2. "SBI"

Q:

Who is called the bank of banks in India?

1172 0

  • 1
    Reserve Bank of India
    Correct
    Wrong
  • 2
    Bank of India
    Correct
    Wrong
  • 3
    State Bank of India
    Correct
    Wrong
  • 4
    All these
    Correct
    Wrong
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Answer : 1. "Reserve Bank of India"

Q:

The first oil refinery in India was established

1172 0

  • 1
    Barauni
    Correct
    Wrong
  • 2
    Visakhapatnam
    Correct
    Wrong
  • 3
    Digboi
    Correct
    Wrong
  • 4
    Mumbai
    Correct
    Wrong
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Answer : 3. "Digboi"

Q:

When was the Life Insurance Corporation of India established?

1172 0

  • 1
    1960
    Correct
    Wrong
  • 2
    1980
    Correct
    Wrong
  • 3
    1956
    Correct
    Wrong
  • 4
    1975
    Correct
    Wrong
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Answer : 3. "1956"

Q:

Business comes under?

1171 0

  • 1
    Trade and Industry
    Correct
    Wrong
  • 2
    only trade
    Correct
    Wrong
  • 3
    Commerce and Industry
    Correct
    Wrong
  • 4
    trade, commerce and industry
    Correct
    Wrong
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Answer : 4. "trade, commerce and industry"

Q:

Which district of Bihar has the highest per capita income?

1171 0

  • 1
    Nalanda
    Correct
    Wrong
  • 2
    Patna
    Correct
    Wrong
  • 3
    Shivahar
    Correct
    Wrong
  • 4
    Gaya
    Correct
    Wrong
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Answer : 2. "Patna"

Q:

Stagflation condition is?

1170 0

  • 1
    deadlock and recession
    Correct
    Wrong
  • 2
    stagnation and inflation
    Correct
    Wrong
  • 3
    deadlock and deflation
    Correct
    Wrong
  • 4
    none of these
    Correct
    Wrong
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Answer : 2. "stagnation and inflation"

Q:

The state which stands first in per capita income is

1164 0

  • 1
    Bihar
    Correct
    Wrong
  • 2
    Maharashtra
    Correct
    Wrong
  • 3
    Punjab
    Correct
    Wrong
  • 4
    Kerala
    Correct
    Wrong
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Answer : 2. "Maharashtra "

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