Indian Economy Practice Question and Answer
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Q: What is the relationship between the value of money and the price level in an economy?
576 060d313871cefce3a61b25c73
60d313871cefce3a61b25c73- 1stablefalse
- 2inversetrue
- 3Anulomfalse
- 4none of thesefalse
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Answer : 2. "inverse"
Q: In which year NABARD was established?
853 060d3134f025df84f0791c3a7
60d3134f025df84f0791c3a7- 11935false
- 21991false
- 31976false
- 41982true
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Answer : 4. "1982"
Q: In which year was the first Regional Rural Bank established?
660 060d3131764466567bd754f22
60d3131764466567bd754f22- 11947false
- 21975true
- 31950false
- 41995false
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Answer : 2. "1975"
Q: In which year the new currency Euro was introduced?
764 060d312c764466567bd754d67
60d312c764466567bd754d67- 11997false
- 21998false
- 31999true
- 42001false
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Answer : 3. "1999"
Q: Which of the following is considered as the main determinant of real wages?
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60d3127f1cefce3a61b2567b- 1purchasing power of moneytrue
- 2Nature of workfalse
- 3additional incomefalse
- 4none of thesefalse
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Answer : 1. "purchasing power of money"
Q: Which one of the following Indian banks is not a nationalized bank?
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60d3122e6cc0e73be00e31cf- 1Dena Bankfalse
- 2Federal Banktrue
- 3Corporation Bankfalse
- 4Vijay Bankfalse
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Answer : 2. "Federal Bank"
Q: Government takes way and means loan?
663 060d30de8025df84f0791b31c
60d30de8025df84f0791b31c- 1IDBIfalse
- 2RBItrue
- 3SBIfalse
- 4ICICIfalse
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Answer : 2. "RBI"
Q: Who has the absolute right to issue paper note currency in India?
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60d30d9f64466567bd753e58- 1Urban Co-operative Bankfalse
- 2Bank of Indiafalse
- 3Finance Commissionfalse
- 4Reserve Banktrue
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Answer : 4. "Reserve Bank"
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