Multiple choice questions in economics


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Economics

1)TRAI regulates the functioning of which of the following
Port Trade
Telecom Transport
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2)Micro credit or micro finance is a novel approach to bank with the poor. In this approach bank credit is extended to the poor through
Self Help Groups Anganwadees
Co-operative Credit Societies RBI
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3)Hawala in India is prohibited under the provision of which of the following Acts
Financial Action Task Force Act Fiscal Responsibility and Budget Management Act
Foreign Exchange Management Act Banking Regulation Act
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4)Mutual funds are regulated by
Securities and Exchange Board of India (SEBI) Association of Mutual Funds of India (AMFI)
Reserve Bank of India IRDA
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5)Bankassurance is
an insurance scheme exclusively for the employee of banks an insurance scheme to insure bank deposits
a composite financial service offering both bank and insurance product a bank deposit scheme exclusively for employees of insurance companies
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6)Sarva Shiksha Abhiyan aimed at the education of which of the following
Education of children between 6-14 years Education of girls up to graduation level
University education Medical education
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7) Jnanpith award is given for excellence in the field of
Social Service Sports
Classical Dance Literature
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8)The full form of PIN in ATM transaction is
Permanent Information Number Personal Identification Number
Professional Identification Number Personal Index Number
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9)Which one of the following is not a function of RBI
Decide Bank Rate, CRR and SLR from time to time Opening Savings Accounts for general public
Currency Management Prescribe the Capital Adequacy Ratio
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10)Which one of the following can not be called an anti-inflationary measure
Raising the Bank Rates Raising the Reserve Ratio Requirments
Purchase of Securities in the Open Markets Rationing of the Credit
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11)Which among the following is the major marine food export item of India?
Frozen Fish Frozen Shrimp
Frozen Crabes Cephalopods
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12)In contex with the business and banking, what is CRAR?
Capital to Risk Asset Ratio Credit to Risk Asset Ratio
Credit to Risk Assessment Ratio Credit Rate Asset Ratio
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13)The RBI is bound to maintain a reserve against the issue whatever may be the amount. This system is called as
Minimum Reserve System Proportional Reserve System
Simple Deposit System None of these
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14)Which among the following is the most abundant human resource in India?
High-skilled labour in organized sector High-skilled labour in unorganized sector
Low-skilled labour in organized sector Low-skilled labour in unorganized sector
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15)Interest rates on which of the following deposit schemes is fixed by RBI
Fixed deposit above 5 years maturity Recurring deposits
Saving deposits None of these
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