Indian Economy GK Questions
Q121. The National Disaster Management Authority functions under
(a) Home Affairs
(b) Finanace Ministry
(c) Commerce Ministry
(d) Environmental Ministry
Answer: (a) Home Affairs
Q122. The Credit Authorisation Scheme introduced by
(a) Exim Bank
(b) Commercial Bank
(c) Reserve Bank of India
(d) International Monetary Fund
Answer: (c) Reserve Bank of India
Q123. Who is the first Indian Governor of the Reserve Bank of India
(a) C. D. Deshmukh
(b) Benegal Rama Rau
(c) K. G. Ambegaonkar
(d) Amitav Ghosh
Answer: (a) C. D. Deshmukh
Q124. The commercial banks adopted the ‘Service Area Approach’ in the year
(a) 1978
(b) 1984
(c) 1989
(d) 1992
Answer: (c) 1989
Q125. The certificate of deposits were started in Indian money market in
(a) 1989
(b) 1992
(c) 1998
(d) 2001
Answer: (a) 1989
Q126. Which one is the first commercial bank in India to start merchant banking
(a) Bank of India
(b) Punjab National Bank
(c) State Bank of India
(d) National and Grindleys Bank
Answer: (d) National and Grindleys Bank
Q127. The Lead Bank Scheme in India was implemented as per the suggestions by
(a) S. Tarapore
(b) M. Narsinham
(c) D.R. Gadgil
(d) R. Gandhi
Answer: (c) D.R. Gadgil
Q128. The RBI appointed a committee under the chairmanship of S.S. Tarapore to seek recommendations on which of the following
(a) Restructuring of SBI
(b) Recovery of NPAs
(c) Convertibility of rupee
(d) Implementation of Basel norms
Answer: (c) Convertibility of rupee
Q129. Which of the following statements about Reserve Bank of India is not true
(a) RBI is the central bank of India
(b) RBI is both the bankers’ bank and Government’s bank
(c) RBI moulds the monetary policy of India
(d) RBI moulds the fiscal policy of India
Answer: (d) RBI moulds the fiscal policy of India
Q130. Which one becomes 1st Foreign Bank in India to launch a 'Green Deposit Programme' for Corporate Clients to Finance Green Initiatives
(a) HSBC India
(b) Deutsche Bank
(c) World Bank
(d) Standard Chartered Bank
Answer: (a) HSBC India
Practice Test Exam