Indian Economy MCQs

Indian Economy Multiple Choice Questions (MCQs) for SSC, State and all One Day Examinations of India. Objective Questions on Indian Economy for competitive examinations.

1. The stocks of which of the following banks are not considered for calculation of “Bank NIFTY”?
[A] Kotak Mahindra Bank
[B] Punjab National Bank
[C] Yes Bank
[D] Bank of India

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2. In an inflationary trend, the pricing of the bank products are:
[A] At increasing trend
[B] At decreasing trend
[C] No relevance of Inflation
[D] Constant

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3. Which among the following revolutions is related to ‘fertilizers’?
[A] Silver Revolution
[B] Grey Revolution
[C] Golden Revolution
[D] Pink Revolution

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4. Which among the following is an essential feature of a commercial bank?
[A] providing Locker facilities
[B] dealing with credit
[C] providing business information and data
[D] Sale of securities

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5. Which among the following is a opposite activity of hedging in share / currency /future markets?
[A] arbitrage
[B] speculation
[C] spread
[D] short

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6. Who among the following are the beneficiaries of the “Reverse Mortgage Scheme”?
[A] Government Employees
[B] Senior Citizens
[C] Unemployed Persons
[D] Unemployed Persons

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7. Which of the following is / are auctioned in Open Market Operations?
[A] Shares
[B] Debentures
[C] Securities
[D] Bullion

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8. In context with the share markets in India, public issue refers to which of the following?
[A] first time issuance of shares of a company via stock exchange
[B] first time issuance of shares of a public company via stock exchange
[C] allotment of shares to 50 or more investors
[D] allotment of shares to public by 50% or more fraction of the total equity

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9. Which of the following countries is the main competitor for the Indian jute industry?
[A] Japan
[B] China
[C] Sri Lanka
[D] Bangladesh

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10. What do we call the money that is lent for more than one day but less than 15 days in the call money market?
[A] Call Money
[B] Term Money
[C] Notice Money
[D] None of the above

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