Q: Which of the following is not an asset held by the commercial bank ?

A: Bills of exchange

B: Current account deposits

C: Money lent at short notice

D: Credit balances with the Reserve Bank



Current account deposits


Q: Economic growth is usually coupled with ___________.

A: deflation

B: inflation

C: Stagflation

D: hyper inflation



inflation


Q: Scheme run under MGNREGA are sponsored :

A: by the Central Government alone

B: by the State Government alone

C: partly by the Central Government and partly by the State Government

D: by Centre, State and Panchayat bodies together



partly by the Central Government and partly by the State Government


Q: The basic regulatory authority for mutual funds and stock markets lies with the:

A: Stock exchanges

B: Government of India

C: Reserve Bank of India

D: Securities and Exchange Board of India.



Securities and Exchange Board of India.


Q: The Iron and Steel plants of Rourkela and Durgapur were conceived under the:

A: First Five Year Plan

B: Second Five Year Plan

C: Third Five Year Plan

D: Fourth Five Year Plan



Second Five Year Plan


Q: The SEBI was given statutory recognition in 1992 on the recommendation of:

A: the Chakraborty Commission

B: the Chelliah Committee

C: the Tendulkar Committee

D: the Narasimham Committee



the Narasimham Committee


Q: If the RBI adopts expansionist open market operations policy, this means that it will:

A: openly announce to the market that it intends to expand credit

B: sell securities in open market

C: offer commercial banks more credit in the open market

D: buy securities from non-government holders



sell securities in open market


Q: Who wrote the book Planned Economy for India?

A: Jawaharlal Nehru

B: Indira Gandhi

C: M. Visvesvaraya

D: Mahatma Gandhi



M. Visvesvaraya


Q: Fiscal policy is connected with:

A: exports and imports

B: issue of currency

C: public revenue and public expenditure

D: liquidity of money



public revenue and public expenditure


Q: In India, present trend of rapid urbanization is due to:

A: lack of employment opportunities in rural areas

B: influence of cinema and electronic media

C: break up of joint family system

D: abolition of zamindari tystem



lack of employment opportunities in rural areas
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