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Economy MCQ practice free online · page 39

Questions from RRB, NTPC, Group D and JE past papers. Tap an option to check it instantly — every question shows the correct answer, and most carry the explanation the paper gave.

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  1. 381RPSC2000EconomyEnglish

    Land Development Bank provides loan to farmers for

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    Correct option: C — long term

  2. 382UPSC2010EconomyEnglish

    With reference to the Non-banking Financial Companies (NBFCs) in India. Consider the following statements. 1. They cannot engage in the acquisition of securities issued by the government. 2. They cannot accept demand deposits like Saving Accounts. Which of the statement(s) given above is/are correct?

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    Correct option: B — Only 2

  3. 383UPSC2010EconomyEnglish

    With reference to India, consider the following. 1. Nationalisation of Banks. 2. Formation of Regional Rural Banks. 3. Adoption of villages by Banks Branches. Which of the above can be considered as steps taken to achieve the ‘financial inclusion’ in India?

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    Correct option: D — 1, 2 and 3

  4. 384UPSC2010EconomyEnglish

    Why is the offering of ‘teaser loans’ by commercial banks is a cause of economic concern? 1. The ‘teaser loans’ are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future. 2. In India, the ‘teaser loans’ are mostly given to entrepreneurs to set-up manufacturing or export units. Which of the statement(s) given above is/are correct?

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    Correct option: A — Only 1

  5. 385UPPSC2004EconomyEnglish

    The largest commercial bank of India is

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    Correct option: B — State Bank of India

  6. 386UPPSC2007EconomyEnglish

    In which year did the Government of India Nationalised 14 major private banks?

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    Correct option: C — 1969

  7. 387MPPSC2012EconomyEnglish

    Reserve Bank of India issues currency notes against which of the following?

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    Correct option: D — All of the above

  8. 388UPPSC2010EconomyEnglish

    The decimal system was made applicable to Indian currency system in which year?

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    Correct option: B — 1957

  9. 389UPSC1995EconomyEnglish

    Consider the following. 1. Industrial Finance Corporation of India (IFCI) 2. Industrial Credit and Investment Corporation of India (ICICI) 3. Industrial Development Bank of India (IDBI) 4. Unit Trust of India (UTI) The correct sequence in which the above were established is

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    Correct option: D — 1, 4, 3, 2

  10. 390UPPSC1998EconomyEnglish

    Devaluation of currency means

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    Correct option: A — reduction in the value of the currency vis-a-vis major internationally traded currencies

Economy practice — common questions

Page 39 of this set has 10 questions on it.

Are these Economy questions free to practise?
Yes. Every question on this page is free and needs no account. Create a free account only if you want your progress saved.
Where do these Economy MCQs come from?
They are taken from official past papers of Indian government recruitment exams such as RRB NTPC, RRB Group D and RRB JE, and each question keeps a reference to the exam it appeared in.
Are the questions available in Hindi?
Yes. Many papers are set in both languages, so a large share of these questions are available in Hindi. Use the language filter at the top of the page.
Do the questions show answers and explanations?
Every question shows the correct option. Where the source paper included a worked solution, the explanation is shown under "Show answer".