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.
The major route of exports and imports is:
(A) Roads
(B) Railways
(C) Airports
(D) Ports
India is Largest exporter of
(A) Granite
(B) Textile
(C) Toys
(D) Software
Expand the abbreviation of SEZ:
(A) Special Export Zone
(B) Special Economic Zone
(C) Special Exemption Zone
(D) Separate Export Zone
The person responsible for milk revolution in India is:
(A) Dr. Kurian
(B) Dr. Pandyan
(C) Dr. Madhavan
(D) Dr. Pant
The basic characteristic of a capitalistic economy is–
(A) absence of monopoly
(B) large-scale production in primary industries
(C) full employment
(D) the private ownership of the means of production
Which one of the following taxes is not a direct tax?
(A) Sales tax
(B) Estate duty
(C) Gift tax
(D) Wealth tax
UNDP prepares–
(A) Human Development Index
(B) Standard of Living Index
(C) Index Number of Price Level
(D) Physical Quality Index
Fiscal policy refers to–
(A) Government borrowings from abroad
(B) Sharing of its revenue by Central Government with States
(C) Sale and purchase of securities by RBI
(D) Government taxes, expenditure and borrowings
Who decides the Repo rate in India?
(A) Government of India
(B) Ministry of Finance
(C) Reserve bank of India
(D) None of these
The repo rate is the rate at which the Reserve Bank of India borrows funds from commercial banks in the country. It is the rate at which commercial banks in India park their excess money with the Reserve Bank of India, usually for the short term.
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