The first bank to open its branch outside India in London in 1946
(A) Bank of India
(B) Canara Bank
(C) Imperial Bank of India
(D) Central Bank of India
(E) None of these
The first Indian bank to open a branch outside India was the Bank of India. It established its first overseas branch in London in 1946.
The Views of eminent economist Robert Malthus on Population is–
(A) Pessimistic
(B) Optimistic
(C) Both (a) and (b)
(D) None of the above
The Malthusian theory explained that the human population grows more rapidly than the food supply until famines, war or disease reduces the population. He believed that the human population has risen over the past three centuries.
The head of the Reserve Bank of India is Called:
(A) Secretly
(B) Chairperson
(C) Governor
(D) Field Marshal
Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India effective December 12, 2018.
Which one of the following is not a clause of the World Trade Organisation?
(A) Lowering trade barriers with negotiations
(B) Most favoured nation treatment
(C) Providing financial support to the countries having deficit balance of payments
(D) Discouraging unfair trade practices such as anti-dumping and export subsidies
Providing financial support to the countries having deficit balance of payments.
As per estimates of the Planning Commission of India the target growth rate of 12th Five-Year Plan is set to
(A) 7 to 8%
(B) 8.0% to 8.5%
(C) 9% to 9.5%
(D) 10 to 10.5%
The Approach Paper has proposed a target of 8 per cent growth for the Twelfth Plan. Health, education and skill development, environment and natural resources, and infrastructure development were the focus areas of the Twelfth Plan.
By whom effective control is exercised over the stock market?
(A) B.F.E.R.A
(B) B.I.F.R.
(C) S.E.B.I.
(D) M.R.T.P
The stock market in India is regulated by the Securities and Exchange Board of India (SEBI). It was established under the SEBI Act, 1992.
What does the consumption function express the relationship of consumption with?
(A) Saving
(B) Income
(C) Investment
(D) Price
The consumption function is an economic formula that measures the relationship between income and total consumption of goods and services in the economy. The consumption function was introduced by John Maynard Keynes.
The Redistribution polices geared to reduce economic inequalities include
(A) progressive tax policies
(B) land reforms
(C) rural development policies
(D) All the above
Redistribution policies geared to reduce economic inequalities include progressive tax policies, land reforms, and rural development policies.
Which of the following is be an example of employment with job security?
(A) Daily wage labourer
(B) Casual worker
(C) Regular worker
(D) Seasonal worker
Jobs that traditionally have a strong union presence such as many government jobs and jobs in education, healthcare and law enforcement are considered very secure while many non-unionized private sector jobs are generally believed to offer lower job security, although this varies by industry and country.
In August 2020, the Cabinet Committee on Economic Affairs declared the Fair and Remunerative Price of ______ per quintal for sugarcane for the marketing year starting October 2020.
(A) ₹265
(B) ₹275
(C) ₹285
(D) ₹315
Keeping in view the interest of sugarcane farmers (GannaKisan), the Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2023-24 (October - September) at Rs. 315/qtl for a basic recovery rate of 10.25%.
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