01. The broad sectors of
Indian economy are:
e)
Primary sector
b)
secondary sector
c)
tertiary sector
d) all the above
e)
none of the above
02. In India the financial
year ends with
a) March
b)
December
c)
June
d)
September
e)
none of the above
03. All banking companies
have to submit their annual balance sheets as on:
a) 31st March
b)
31st December
c)
30th June
d)
30th September
e)
21st March
04.
What are the main characterstics of Indian economy:
a)
Agrarian economy
b)
Mixed economy
c)
Developing economy
d) all the above
e)
none of the above
05. Gross national product
is symbolically represented by the formula: GNP = C + G+ I+(X-M) + (R-P) where,
“G” represents
a)
Net exports
b)
net imports
c)
investment expenditure
d)
net factor income abroad
e) government expenditure
06. The features of a
developing economy are:
a)
Low per capita income
b)
low capital per head
c)
low human development indicators
d)
heavy population pressure
e) all the above
07. National income can be
measured by the following methods
a)
Product method
b)
Income method
c)
consumption method
d) all the above
e)
none of the above
08. The ex officio
chairman of the planning commission in India is
a) Prime minister
b)
President of India
c)
Finance Secretary
d)
RBI governor
e)
none of the above
09. The headquarters of
Canara Bank, one among the nationalized banks is situated at:
a)
Chennai
b)
Mangalore
c) Bangalore
d)
Mumbai
e)
Manipal
10. Find the odd man out
from the following:
a)
Indian Bank – Indian Overseas Bank – Canara Bank
b)
Indian Overseas Bank – Canara Bank – Bank of India
c)
Canara Bank – Bank of India – Central Bank of India
d)
Bank of India – Central Bank of India – Bank of Maharashtra
e) Central Bank of India –
Bank of Maharashtra – Federal Bank
11. The first chairman of
Planning commission was
a) Jawaharlal Nehru
b)
Lal Bahadur Sastri
c)
Gulsari Lal Nanda
d)
Indira Gandhi
e)
Rajiv Gandhi
12.
The allocation of resources in terms of men, material and machinery is
called as:
a)
Planning by inducement
b) physical planning
c)
indicative planning
d)
imperative planning
e)
rolling plan
13. What do you know by
the term called as “PURA”?
a) Providing urban amenities
in rural areas
b)
Providing urban arrangement in rural areas
c)
Providing unlimited amenities in rural areas
d)
Providing unlimited arrangements in rural areas
e)
none of the above
14.
Narrow banking means:
a)
The bank branch which has narrow corridors
b)
the bank situated in narrow street
c) the bank which accepts
deposits and invests the amount in government securities
d)
the bank which only lends loans and not accepts any deposits from the public
e)
all the above
15. What do you know by
“P” in the term called as LPG?
a) Privatisation
b)
Popularisation
c)
Provisions
d)
Publications
e)
none of the above