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INDIAN ECONOMY MCQ - IV

 INDIAN ECONOMY MCQ - IV 1. Which Ministry has started the Ganga Aamantran Abhiyan? (a) Jal Shakti Ministry (b) Ministry of Environment (c) Ministry of Drinking Water and Sanitation (d) Ministry of Agriculture & Farmers' Welfare   Answer:a   Explanation: Ganga Aamantran Abhiyan is a unique open-water rafting and kayaking expedition on the Ganga River to create awareness about water conservation. The Ganga Aamantran Abhiyan is launched by the Jal Shakti Ministry.   2. Which of the following statement is/are correct about the International Monetary Fund(IMF)? I. IMF has 164 members II. Official language is English III. It’s headquartered in Geneva (Switzerland) (a) Only I & II (b) Only I & III (c) Only II (d) Only II & III   Answer: c   Explanation: Currently there are 189 members of the IMF and its headquarter is in Washington,D.C. Official language of IMF is English.   3. Who is the current chief of...

INDIAN ECONOMY MCQ - III

 INDIAN ECONOMY MCQ - III 1. Which of the following is the largest canal irrigated states in India? (a) Haryana (b) Rajasthan (c) Uttar Pradesh (d) Punjab Ans. b   2. Which three states are the top three producers of food grains in India? (a) U.P., Punjab, Madhya Pradesh (b) Punjab, U.P., Madhya Pradesh (c) Madhya Pradesh, U.P., Punjab, (d) U.P., Gujarat, Madhya Pradesh Ans. a   3. Which of the following is the biggest tank irrigated state in India? (a) Tami Nadu (b) Karnataka (c) Andhra Pradesh (d) Odisha Ans. C   4. When was the first agriculture census of India conducted? (a) 1880 (b) 1890 (c) 1921 (d) 1970 Ans. d 5. Which of the following is covered in the ISOPOM scheme? (a) Oilseeds (b) Pulses (c) Maize (d) All of the above Ans. d   6. The newly released CSR-43 is a seed crop of……… (a) Tea (b) Wheat (c) Rice (d) Maize Ans. c   7. Which of the following is the main source ...

INDIAN ECONOMY MCQ - II

INDIAN ECONOMY MCQ - II  1.   Which of the following regulates the working of share markets in India? (a)   MRTP Act (b)   FERA (c)   FEMA (d)   None of these Ans. d   2.   Which of the following panel was appointed to put forward recommendations of GAAR? (a)   Reddy panel (b)   P. Shome panel (c)   Rangarajan panel (d)   None of these Ans. b   3.   SDR is the currency of IMF, which is called as………….also. (a)   White gold (b)   Book keeping entry only (c)   Paper gold (d)   Yellow metal Ans. c   4.   What is MCX-SX? (a)   Third online trading share market in India (b)   A new insurance company which is not registered with the government yet. (c)   Online trading market on paper only. (d)   Online trading market dealing only in gold. Ans. a 5.   Open market operations (OMOs) are related to……. (a)   Fiscal...

INDIAN ECONOMY MCQ -I

INDIAN ECONOMY MCQ -I  Q.1) Union Budget of India is presented by whom and in which house/ houses of the Parliament?   a) Finance Minister of India; Lok Sabha b) Prime Minister of India; Rajya Sabha c) Cabinet Secretary; Both Lok Sabha and Rajya Sabha d) President of India; in joint session of Parliamnet   Ans) a: Finance Minister of India; Lok Sabha   Q.2) Who among the following presented Union Budget maximum number of times?   a) P. Chidambaram b) R K Shanmukham Chetty c) Pranav Mukherjee d) Morarji Desai   Ans) d: Morarji Desai; 10 times   Q.3) Who among the following presented the first budget (interim) of Independent India?   a) Manmohan Singh b) Jawaharlal Nehru c) R K Shanmukham Chetty d) N.D. Tiwari   Ans) c: R K Shanmukham Chetty; 26th November, 1947

Banks In India

Government Banks in India in 2021 Government sector banks also known as Public Sector banks are those in which the Government of India has the maximum share. Take a look at the number of banks that belong to Government sector in India in 2021. Every economy is based on spending and saving for which only one institution is responsible and that is the Bank. It is the place where all transactions legitimately take place. India's economy is managed by the Finance Ministry along with the Reserve Bank of India. Then there are 3 categories of banks, namely, Public or Government Bank, Private Banks, Foreign or International banks. The Minister of Finance, Nirmala Sitharaman announced the mergers of Public sector banks as well as conversion of various public sector banks to private sectors. In the article below, know about various Public Sector banks of India and how the conversion would affect the Indian economy. Take a look at the Public Sector Banks in India in the picture below. ...