121. Which among the following are the sources of current revenue for the Central Govt.? I. Corporate Tax II. Profit from Public Enterprises III. Sale of National Savings Certificates IV. Loans received from the World Bank V. Excise Duties Select the correct answer from the codes given below: Codes:
I, II and III
II, III and IV
III, IV and V
I, III and V
122. In 1950, India’s share in global exports was 1.85 per cent, but today it is:
0.60 per cent
1.00 per cent
2.00 per cent
2.50 per cent
123. Which among the following does not have a ‘free trade zone’?
Kandla
Mumbai
Vishakhapatnam
Thiruvananthapuram
124. Which among the following organisations are responsible for channelising export and import of India? I. Metals and Minerals Trading Corporation II. Exim Bank III. State Trading Corporation IV. Food Corporation of India Select the correct answer from the codes given below: Codes:
I, II, III, and IV
II and IV
I and III
II, III, and IV
125. Which one of the following is not part of the Indian capital market?
IDBI
ICICI
Money market mutual funds
RBI
126. Since the economic reforms were launched in India, which one of the following statements is true for Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR) of the commercial banks?
Both SLR and CRR have been raised.
SLR has been reduced but CRR has been raised.
SLR has been increased but CRR has been reduced.
Both SLR and CRR have been reduced.
127. For regulation of the Insurance Trade in the country, the Government has formed
SEBI
Reserve Bank of India
Insurance Regulatory and Development Authority
General Insurance Corporation
128. The ‘gilt-edged’ market deals in
worn and torn currency notes
bullion
government securities
corporate bonds
129. Word Bull and Bear are associated with which branch of commercial activity?
Foreign Trade
Banking
Share Market
Manufacturing
130. Among the following sectors, which contributes most to the savings in India?
Banking and financial sector
Export sector
Household sector
Private corporate sector
131. Which one of the following statements about foreign exchange reserves of India is not true?
It includes foreign currency assets and gold holdings of Reserve Bank of India.
It is maintained with the Reserve Bank of India.
Special drawing rights are not included in it.
Presently foreign exchange situation is satisfactory in India.
132. Consider the following statements and select the correct answer from the code given below: Assertion (A): Devaluation of a currency may promote export. Reason (R): Price of the country’s products in the international market may fall due to devaluation. Code:
Both A and R are correct and R is the correct explanation of A.
Both A and R are correct, but R is not the correct explanation of A.
A is correct, but R is wrong.
A is wrong, but R is correct.
133. Which one of the following is a private bank?
Allahabad Bank
Punjab and Sind Bank
Punjab Bank
Punjab National Bank
134. Study the following statement with regard to Reserve Bank of India and select your answer from the codes given below: (I) It is the apex bank. (II) It regulates the money supply. (III) It gives loan to the business houses. (IV) It supervises the operations of NABARD. Codes:
I and II
II and IV
I, II and III
I, II and IV
135. Rural Infrastructure Development Fund is being financed by:
NABARD
Reserve Bank of India
Ministry of Rural Development
Selected group of Public Sector Banks
136. Which of the following statements in relation to Bombay Stock Exchange is correct?
It is the oldest stock exchange of India.
It is known by the name of Dalal Street.
Its share index is known by the name of SENSEX.
All of the above.
137. Which of the following pairs is not correctly matched?
SEBI – Securities Market Regulatory Body
RBI – Banking Regulatory Authority
IDBI – World Bank
SBI – Commercial Bank
138. Which one of the following Commercial Banks has become the first Indian Bank to open a counter in Kabul in 2004?
ICICI Bank
Punjab National Bank
State Bank of India
Syndicate Bank
139. Which of the following is correctly matched?
Bombay Stock Exchange: SENSEX
National Stock Exchange: NYSE
New York Stock Exchange: NIFTY
London Stock Exchange: NIKKEI
140. Which one of the following taxes is levied and collected by the Union, but distributed between Union and States?
Corporation Tax
Tax on income other than on agricultural income
Tax on railway fairs and freights
Customs
12 Total Test
360 Total Question
Scientifically designed for PCS
A must have for Civil services aspirant
IAS PCS SCC and others
75 Total Test
2250 Total Question
Scientifically designed for PCS
A must have for Civil services aspirant
IAS PCS SCC and others
69 Total Test
2070 Total Question
Scientifically designed for PCS
A must have for Civil services aspirant
Timer for time management
