Indian Economy MCQ Questions for Bank Exam

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Indian Economy mcq


Indian Economy Questions and Answers



Q.36 Export-Import bank of India was established in?

(A) 1981

(B) 1982

(C) 1983

(D) 1984


Ans .  B


Q.37 National Bank for Agriculture and Rural Development (NABARD) was established in?

(A) 1980

(B) 1981

(C) 1982

(D) 1983


Ans .  C


Q.38 National Housing Bank (NHB) was established in?

(A) 1988

(B) 1989

(C) 1990

(D) 1991


Ans .  A


Q.39 Life Insurance Corporation (LIC) of India was established in?

(A) 1955

(B) 1956

(C) 1957

(D) 1958


Ans .  B


Q.40 General Insurance Corporation (GIC) was established in?

(A) 1971

(B) 1972

(C) 1973

(D) 1974


Ans .  B


Q.41 Gilt-edged market means

(A) the market of government securities

(B) bullion market

(C) market dealing with metals

(D) market dealing with exports


Ans .  A


Q.42 Gross domestic capital formation is defined as

(A) the flow of expenditure devoted to increased or maintaining of the capital stock

(B) expenditure incurred on physical assets only

(C) production exceeding demand

(D) net addition to stock after depreciation


Ans .  D


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    Rajesh Bhatia

    A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.

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