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General Knowledge :: Indian Economy

  1. In the state of India, the State Financial Corporation have given assistance mainly to develop

  2. A.
    agricultural farms
    B.
    cottage industry
    C.
    large-scale industries
    D.
    medium and small-scale industries

  3. The central co-operative banks are in direct touch with

  4. A.
    farmers
    B.
    state co-operative banks
    C.
    land development banks
    D.
    central government

  5. The first wholly Indian Bank was set up in

  6. A.
    1794
    B.
    1894
    C.
    1896
    D.
    1902

  7. States earn maximum revenue through

  8. A.
    land revenue
    B.
    custom revenue
    C.
    commercial taxes
    D.
    excise duties on intoxicants

  9. Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfer are

  10. A.
    tax sharing
    B.
    grant-in-aids
    C.
    loans
    D.
    All the above

  11. Debenture holders of a company are its

  12. A.
    shareholders
    B.
    creditors
    C.
    debtors
    D.
    directors

  13. Excise duty is a tax levied on the

  14. A.
    import of goods
    B.
    export of goods
    C.
    production of goods
    D.
    sale of goods

  15. In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines

  16. A.
    to govern entry of new private sector banks to make the banking sector more competitive
    B.
    to reduce the freedom given to banks to rationalize their existing branch network
    C.
    to setup more foreign exchange banks
    D.
    to lend more easily for industrial development

  17. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?

  18. A.
    Reliance Energy
    B.
    Essar Oil
    C.
    GAIL
    D.
    ONGC

  19. Non Tax revenues can be increased by improving the working of the

  20. A.
    State Road Transport Corporations
    B.
    electricity boards
    C.
    commercial irrigation projects
    D.
    All of the above