Description : Which state in India now has the highest per capita income? (a) Goa (b) Delhi © Punjab (d) Kerala.
Last Answer : (a) Goa
Description : Which sector contributes largest to India’s national income? (a) Agricultural sector (b) Manufacturing sector © Service sector (d) Small scale industry.
Last Answer : © Service sector
Description : Which of the following banks has reported its point of sales terminal (PoS) network as largest in the country? A) HDFC B) Punjab National Bank C) SBI D) ICICI E) Axis Bank
Last Answer : C) SBI Explanation: SBI‘s point of sales terminal network has become the largest in the country after it took over its private sector rivals. It plans to add 1 lakh PoS terminals in current fiscal ending March 2017.
Description : Refinance facility is provided by NABARD. Which institutins can avail it. (a) Commercial Bank. (b) Regional Rural Banks. © State Cooperative Banks. (d) All of the above.
Last Answer : (d) All of the above.
Description : Which of the following is not an apex institution? (a) SIDBI. (b) NABARD. © SBI. (d) State Cooperative Bank.
Last Answer : © SBI.
Description : Which bank enjoys monopoly power of note issue? (a) NABARD. (b) Commercial Bank. © Central Bank. (d) Regional Rural Bank.
Last Answer : © Central Bank.
Description : Which bank is called lender of the last resort? (a) Agricultural bank. (b) Industrial bank. © Commercial bank. (d) Central bank.
Last Answer : (d) Central bank.
Description : Which of the following is not the function of commercial bank? (a) Acceptance of deposits. (b) Advancing loans. © Issue of paper notes. (d) Credit control.
Last Answer : © Issue of paper notes.
Description : Which bank deals with short term credit? (a) Agricultural Bank. (b) Industrial Bank. © Commercial Bank. (d) None of these.
Last Answer : © Commercial Bank.
Description : Which of the following is an example of fiscal policy (a) Change in interest rate (b) Change in tax rate © Controlling money supply (d) Manipulating bank rate
Last Answer : (b) Change in tax rate
Description : Which bank enjoys monopoly power of note issue? (a) NABARD (b) Agricultural bank © Industrial bank (d) Central bank.
Description : Which bank is called lender of the last resort? (a) Agricultural bank (b) Industrial bank © Commercial bank (d) Central bank
Last Answer : (d) Central bank
Description : Which type of bank deals with short term credit? (a) Agricultural bank (b) Industrial bank © Commercial bank (d) None of these
Last Answer : © Commercial bank
Description : hat posses general acceptability? (a) Bill of exchange (b) Bond © Money (d) Bank draft
Last Answer : © Money
Description : Which is not added in the calculation of national income in India? (a) The value of goods and services. (b) The sold value of old fridge. © Services rendered by the housewives (d) Both (b) and (c)
Last Answer : (d) Both (b) and (c)
Description : Per capita income is calculated by dividing total national income by (a) Total population (b) Total savings © Total depreciation (d) Total investment.
Last Answer : (a) Total population
Description : How much the primary sector contributes to India’s national income? (a) 20 percent (b) 53 percent © 14 percent (d) 24 percent.
Last Answer : © 14 percent
Description : If an increase in investment leads to a bigger increase in national income (a) Accelerator (b) Aggregate demand © Monetarism (d) Multiplier
Last Answer : (d) Multiplier
Description : .An increases in investment is most likely to be caused by (a) Lower interest rates (b) Expectations of lower national incomes © A decrease in the marginal propensity to consume (d) An increase in withdrawals.
Last Answer : (a) Lower interest rates
Description : An increase in investment is caused by (a) Lower interest rates (b) Expectations of lower national income © A decrease in the marginal propensity to consume (d) An increase in withdrawals
Description : Which of the following Banks in India is known to be the first Indian bank to adopt the concept of market segmentation ? 1. Punjab National Bank 2. State Bank of India 3. ICICI Bank 4. Bank of Barod 5. Canara Bank
Last Answer : State Bank of India
Description : From which of the following banks did Madan Mohan Malaviya take loans for financing "The Hindustan Times"? (SSC CGL 1st Sit. 2013) (a) State Bank of India (b) Punjab National Bank (c) Bank of Maharashtra (d) Bank of Baroda
Last Answer : (b) Punjab National Bank
Description : Which of the following banks has teamed up with Apollo to set up asset reconstruction company (ARC)? A) SBI B) Punjab National Bank C) Axis Bank D) ICICI Bank E) Both A and D
Last Answer : D) ICICI Bank Explanation: With the banking sector buffeted by bad loans, the country s largest private lender ICICI Bank teamed up with private equity major Apollo Global Management to launch an ... will acquire debt from lenders and also take equity stakes in borrowers, a bank statement read.
Description : Times Internet has partnered with which Bank to launch co-branded Debit Card? A) Punjab National Bank B) HDFC Bank C) ICICI Bank D) SBI E) None of these
Last Answer : B) HDFC Bank Explanation: Times Internet (part of Bennett, Coleman & Co that owns The Economic Times), in partnership with HDFC Bank, announced the launch of a co-branded card on Thursday called the Times Points Debit Card.
Description : Which two banks have been given the tag “too big too fail” for the year 2016? A) ICICI and Axis Bank B) Axis Bank and Punjab National Bank C) Punjab National bank and SBI D) SBI and ICICI E) SBI and Axis Bank
Last Answer : D) SBI and ICICI Explanation: The Reserve Bank of India retained the tag of -too big to fail banks for SBI and ICICI second year in a row. This means that the banking regulator ... time. Both these banks are required to make additional capital requirements after they were named as D-SIBs.
Description : The Imperial Bank of India, after its nationalization came to be known as : (1) Reserve Bank of India (2) State Bank of India (3) United Bank of India (4) Indian Overseas bank
Last Answer : (2) State Bank of India Explanation: The State Bank of India, the largest banking and financial services company in India by revenue, assets and market capitalization: traces its ancestry to British India, ... with the Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India
Description : The Imperial Bank of India, after its nationalisation came to be known as : (1) Reserve Bank of India (2) State Bank of India (3) United Bank of India (4) Indian Overseas Bank
Description : What is the average calorie intake of rural India for measuring poverty line? (a) 2400 calories per person per day. (b) 2800 calories per person per day. © 2100 calories per person per day. (d) None of these.
Last Answer : (a) 2400 calories per person per day.
Description : Which among the following method is used to calculate poverty in India? (a) Investment Method. (b) Capital Method. © Savings Method. (d) Income Method.
Last Answer : (d) Income Method.
Description : In India agricultural income is calculated by (a) Income method (b) Output method © Expenditure method (d) None of them.
Last Answer : (b) Output method
Description : The contribution of agricultural sector is decreasing in India’s economy then what conclusion can be drawn? (a) India is growing towards a developed economy. (b) India is growing towards a developing economy. © India is growing towards a less developed economy. (d) None of the above.
Last Answer : (a) India is growing towards a developed economy.
Description : What base year is used to calculate per capita income in India? (a) 2004-05 (b) 2011-12 © 2001-02 (d) 2014-15
Last Answer : (b) 2011-12
Description : Which state is recently renowned as Rice bowl of India ? a. Assam b. Telangana c. West Bengal d. Punjab
Last Answer : b. Telangana
Description : Leontief’s model is open due to the fact that final demand is given from----- the system (a) within (b) outside © both (a) and (b) (d) none of the above.
Last Answer : (b) outside
Description : Factors of production in Input Output model is---- (a) one (b) two © three (d) four
Last Answer : (a) one
Description : Leontief”s model explains a----- equilibrium. (a) static (b) dynamic © both static and dynamic (d) none of the above
Last Answer : (a) static
Description : The isoquants in Input Output model is (a) convex to the origin (b) concave to the origin © l shaped. (d) straight line.
Last Answer : © l shaped.
Description : In Input Output model only----product is produced (a) One (b) Two © Three (d) Four
Last Answer : (a) One (d) Four
Description : Leontief’s input output model is based on the concept of----- (a) Consumption function (b) Partial Equilibrium © General Equilibrium. (d) All of the above.
Last Answer : © General Equilibrium.
Description : Hawkins Simon condition explains the----- condition in Input output model (a) Instability (b) Stability © Uniqueness (d) None of the above
Last Answer : (b) Stability
Description : In Leontief’s model own input coefficient’s are less than---- (a) Four (b) Three © Two (d) One
Last Answer : (d) One
Description : Isoquants in Leontief’s input- output model are (a) Variable coefficient (b) Fixed coefficient © Sometimes fixed sometimes variable (d) None of the abov
Last Answer : (b) Fixed coefficient
Description : If the production possibility curve is linear, then production is said to be subject of (a) constant opportunity cost (b) decreasing opportunity cost © Increasing opportunity cost (d) first increasing then decreasing opportunity cost.
Last Answer : (a) constant opportunity cost
Description : Normally the isoquant slopes (a) downwards from left to right (b) upward from right to left © upwards from left to right (d) backwards from left to right
Last Answer : (a) downwards from left to right
Description : Afirm will close down in the short run, if AR is less than (a) AC (b) AVC © MC (d) none of the above
Last Answer : (b) AVC
Description : For getting total revenue, the formula is (a) TR/Q (b) MR+Q © AR/Q (d) AR X Q
Last Answer : (d) AR X Q
Description : Total revenue is maximum when elasticity of demand is (a) 3 (b) 1 © 0 (d) 0.5
Last Answer : (b) 1
Description : .All of the following curves are U-shaped, except the (a) AFC curve (b) MC curve © AC curve (d) AVC curve
Last Answer : (a) AFC curve
Description : Difference between average cost and average revenue is (a) total profit (b) net profit © average profit (d) marginal profit
Last Answer : © average profit
Description : Opportunity cost is a/an (a) spill-over cost (b) money cost © alternative cost (d) social cost
Last Answer : © alternative cost