Economic Quiz 4 | | Quiz Programs

1. The apex body for formulating plans and coordinating research work in agriculture and allied fields is

Indian Council of Agricultural Research
State Trading Corporation
Regional Rural Banks
National Bank for Agriculture and Rural Development (NABARD)

2. National expenditure includes

All of the above
consumption expenditure
investment expenditure
government expenditure

3. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of

30 to 35 percent
20 to 25 percent
15 to 20 percent
25 to 30 percent

4. In India, inflation measured by the

National Income Deflation
Consumers Price Index for agricultural workers
Wholesale Price Index number
Consumers Price Index for urban non-manual workers

5. The accounting year of the Reserve Bank of India is

January-December
October-September
April-March
July-June

6. Resurgent India Bonds were issued in US dollar, Pound Sterling and

French Franc
Euro
Japanese Yen
Deutsche Mark

7. Subsidies mean

payment made by the government to business enterprises, without buying any goods and services
payment made by companies to shareholders
payment by government for purchase of goods and services
payment made by business enterprises to factors of production

8. In India, the first bank of limited liability manages by Indians and founded in 1881 was

Excise duties
Inheritance tax, wealth tax, interest tax and gift tax
Custom duties
Corporation tax and income tax

9. In India, the first bank of limited liability manages by Indians and founded in 1881 was

Punjab and Sind Bank
Punjab National Bank
Hindustan Commercial Bank
Oudh Commercial Bank

10. How banks were nationalized in 1969?

20
15
16
14