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Financial Quiz Questions with Answers for Bank Exams | Indian Finance Quiz

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Questions of Economics GK: 2018

71. The International Finance Corporation (IFC) was established in?

a) 1956
b) 1972
c) 1985
d) 1960

Ans .  A

72. Where is the headquarters of Asian Development Bank (ADB) situated?

a) Manila
b) Delhi
c) Bangkok
d) Hong Kong

Ans .  A

73. Which sister organization of the World Bank helps private activity in developing countries by financing projects with long-term capital in the form of equity and loans?

a) Asian Development Bank
b) IMF
c) International Developmental Association
d) International Finance Corporation

Ans .  D

74. Who is known as the ‘Father of Economics’?

a) Adam Smith
b) Chanakya
c) Machiavelli
d) None of these

Ans .  A

75. Which was the first Indian Bank to introduce credit card?

a) Central Bank of India
d) ICICI

Ans .  A

76. When did India become a member of the IMF?

a) 1947
b) 1956
c) 1960
d) 1951

Ans .  A

77. Euro is the currency of European Union. When did it come into being?

a) 1999
b) 1995
c) 2000
d) 2001

Ans .  A

78. When did the Foreign Exchange Regulation Act (FERA) come into being?

a) 1973
b) 1975
c) 1980
d) 1981

Ans .  A

79. When did Regional Rural Banks start functioning in India?

a) 1975
b) 1947
c) 1956
d) 1960

Ans .  A

80. In India, income tax is levied by

a) Union Government
b) State Governments
c) Ministry of Finance
d) RBI

Ans .  A

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