Dear Readers,
1-Primary Deficit is obtained by subtracting ____ from fiscal deficit.
(1) Revenue Deficit
(2) Depreciation
(3) Borrowings
(4) Interest Payment
(5) None of these
2-In India nationalization of banks took place in how many phases ?
(1) 3
(2) 2
(3) 4
(4) 1
(5) None of these
3--Fixed deposits are for the bank______
(1) Fixed Assets
(2) Time liability
(3) Demand liability
(4) Current Assets
(5) None of these
4-Which of the following come under non-plan expenditure ?
(A) Subsidies.
(B) Interests payments
(C) Defence Expenditure.
(D) Maintenance expenditure for the infrastructure created in previous plans.
(1) A and B
(2) A and C
(3) B and D
(4) A B and D
(5) None of these
5-Which of the following does not come under tertiary sector of the economy ?
(A) Trade
(B) Industrial Manufacturing
(C) Industrial Construction
(1) Only B
(2) Only C
(3) B and C
(4) Only A
(5) None of these
6-Which of the following is not a direct tax ?
(1) Estate duty
(2) Sales Tax
(3) Wealth Tax
(4) Corporation Tax
(5) None of these
7-Which of the following schedules of Indian constitution includes Banking ?
(1) 8
(2) 7
(3) 5
(4) 6
(5) None of these
8-'Open Market operation' is a part of ______
(1) Labour Policy
(2) Fiscal Policy
(3) Monetary and Credit Policy
(4) Income Policy
(5) None of these
9-What is a soft currency ?
(1) A currency whose exchange rate has a tendency to fluctuate
(2) A currency which can be easily used for settling any International transactions.
(3) A currency which can not be used for settling international transactions because it does
not command a value in the international market
(4) A currency which is available by way of soft loans from international agencies
(5) None of these
10-Which of the following is not a Banking/ Economy Term ?
(1) Factoring
(2) Blue Chip
(3) Insider Trading
(4) Capital gain
(5) Digital Signature
Answer-
1. 4
2. 2
3. 2
4. 4
5.3
6. 2
7. 2
8. 3
9. 3
10. 5
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MAHENDRA GURU