UPSC/SSC G.K. Economy Quiz 5

1. In terms of Human Development Index the most developed State of India is:
(a) Kerala
(b) Punjab
(c) Tamil Nadu
(d) Uttar Pradesh
1. (a)

2. the Bonded Labour System (Abolition) Act was legislated in:
(a) 1974
(b) 1976
(c) 1977
(d) 1978
2. (b)

3. Bhilai Steel Plant is the collaborative project of Indian Government and…..
(a) Soviet Union
(b) Britain
(c) Germany
(d) Poland
3. (a)

4. In which year the Indian rupee was devalued two times within a month ?
(a) 1990
(b) 1991
(c) 1994
(d) 1999
4. (b)

5. The base of Consumer Price Index (CPI) for industrial workers has been shifted from 1982 to:
(a) 1998
(b) 2000
(c) 2001
(d) 2002
5. (c)

6. Which of the following rates is NOT decided by the Reserve Bank of India ?
(a) Bank Rate
(b) Repo Rate
(c) Reverse Repo Rate
(d) Income Tax Rates
6. (d)

7. Insurance service provided by various bank is commonly known as:
(a) Investment Banking
(b) Portfolio Management
(c) Merchant Banking
(d) Bancassurance
7. (d)

8. When was the first Regional Rural Bank formed ?
(a) 1974
(b) 1975
(c) 1976
(d) 1977
8. (b)

9. The functions of the Lead Bank are performed by:
(a) State Bank of India
(b) Reserve Bank of India
(c) Any Bank
(d) A bank designed for this purpose
9. (d)

10. Commercial paper is a source of credit for which one of the following ?
(a) Corporate Industry
(b) Small Scale Industries
(c) Commercial Banks
(d) Foreign Banks
10. (a)