Indian Economy Practice Question and Answer
8 Q: The Reserve Bank of India introduced a comprehensive regulatory framework for NBFC-MFI on __________.
793 064a68c3bc4e3d04ca166ea6e
64a68c3bc4e3d04ca166ea6e- 110 December 2015false
- 22 December 2011true
- 38 December 2013false
- 45 December 2012false
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Answer : 2. "2 December 2011 "
Explanation :
1. The Reserve Bank of India introduced a comprehensive regulatory framework for NBFC-MFIs on 2 December 2011.
Q: Which state of India has set up District Investment Promotion Agencies (DIPA)?
777 064243594b34a0b67fc110a3a
64243594b34a0b67fc110a3a- 1Karnatakafalse
- 2Haryanafalse
- 3Odishatrue
- 4West Bengalfalse
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Answer : 3. "Odisha "
Q: According to whom second chamber is unnecessary & bad?
771 06336e79f5c208a6bf71b6931
6336e79f5c208a6bf71b6931- 1Monkahourfalse
- 2Benthamtrue
- 3Sealefalse
- 4Looskyfalse
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Answer : 2. "Bentham"
Q: Who controls the credit generated by commercial banks?
760 063527284519847150da381bf
63527284519847150da381bf- 1Government of Indiafalse
- 2State Bank of Indiafalse
- 3Reserve Bank of Indiatrue
- 4Ministry of Financefalse
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Answer : 3. "Reserve Bank of India"
Q: The ______ was nationalised in the year 1949.
752 064a2a3b7c7d7c7e067491fc8
64a2a3b7c7d7c7e067491fc8- 1Union Bank of Indiafalse
- 2Reserve Bank of Indiatrue
- 3Central Bank of Indiafalse
- 4Imperial Bank of Indiafalse
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Answer : 2. "Reserve Bank of India"
Explanation :
1. The Reserve Bank of India was nationalized on January 1, 1949.
2. Earlier, the Reserve Bank of India was a privately owned bank, established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934.
2. After India's independence on 15 August 1947, RBI was nationalized on 1 January 1949.
4. After nationalization, the Reserve Bank of India came under the complete ownership of the Government of India.
Q: Which Department of the Government of India launched ‘One Health’ pilot project in April 2022?
751 064106c2cdf653d9ac23ab2f8
64106c2cdf653d9ac23ab2f8- 1Department of Consumer Affairsfalse
- 2Department of Animal Husbandry and Dairyingtrue
- 3Department of Pharmaceuticalsfalse
- 4Department of Commercefalse
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Answer : 2. "Department of Animal Husbandry and Dairying "
Q: If the interest rate is decreased in an economy, it will
735 062ac7668f5480112e46ca0ae
62ac7668f5480112e46ca0ae- 1increase the investment expenditure in the economytrue
- 2increase the total savings in the economyfalse
- 3increase the total savings in the economyfalse
- 4decrease the consumption expenditure in the economyfalse
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Answer : 1. "increase the investment expenditure in the economy"
Q: Which of the following is related to green revolution in India?
726 0641178915bff3d098ddf3fcb
641178915bff3d098ddf3fcb- 1Environment Protectionfalse
- 2High Yielding Variety of Seedstrue
- 3Green House Effectfalse
- 4Calculation of Green GNPfalse
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