Economics

  1. During the Seventh Five-Year Plan, which of the following heads of development accounted for the largest outlay of funds ?
    (A) Energy
    (B) Transport
    (C) Rural Development and Agriculture
    (D) Education, Health and Family Planning

  2. Cash paid to the creditors can be calculated from?
    (A) Debtors account
    (B) Creditors account
    (C) Balance Sheet
    (D) Bank account
  3. Show Answer (C) Balance Sheet

  4. Which of the following is the largest bank of the world?
    (A) Deutsche Bank
    (B) Citibank
    (C) Hong Kong Bank
    (D) Industrial & Commercial Bank of China
  5. Show Answer (D) Industrial & Commercial Bank of China

  6. The Planning Commission implemented three Annual Plans instead of Five-Year Plans between
    (A) the third and fourth plan
    (B) the Fifth and Sixth Plan
    (C) the Sixth and Seventh plan
    (D) the Seventh and Eighth Plan
  7. Show Answer (A) the third and fourth plan

  8. What is a Scheduled Bank?
    (A) Abank having a deposit of Rs.100 crore
    (B) Abank included in the second schedule of Reserve Bank of India
    (C) Abank with more than 50 branches
    (D) None of these
  9. Show Answer (B) Abank included in the second schedule of Reserve Bank of India

  10. The one rupee note bears the signature of?
    (A) Secretary;Ministry of Finante
    (B) Governor; Reserve Bank of India
    (C) Finance Minister
    (D) None of these
  11. Show Answer (A) Secretary;Ministry of Finante

  12. Fiscal deficit in the Union Budget means?
    (A) TI1edifferent between current expenditure and CU1Tent l:evenue
    (B) Net increase jnUuiou Governments; borrowings from the Reserve Bank of India
    (C) The stun of budgetary deficit and net increase in internal and external bon-owings
    (D) Thesum of monetised deficit and budgetary deficit
  13. Show Answer (C) The stun of budgetary deficit and net increase in internal and external bon-owings

  14. Overdraft facility is available for those who have?
    (A) Savings Bank Account
    (B) Fixed Deposit
    (C) Current Account
    (D) Recurring Deposit
  15. Show Answer (C) Current Account

  16. Five year plan in India is finally approved by
    (A) Union Cabinet
    (B) President on the advice of Prime Ministers
    (C) Planning Commission
    (D) National Development Council
  17. Show Answer (D) National Development Council

  18. Can a 'Bankrupt' stand for election?
    (A) Yes
    (B) No
    (C) If he is above 35; then he can stand
    (D) None of the above

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