Economics Quiz- 1 | My Online Pathshala

1. RBI does not transact the business of which of the following state governments?

(a) Nagaland

(b) Assam

(d) Rajasthan

Correct! Wrong!

Ans.:- (c)

2. What is the purpose of the India Brand Equity Fund ?

(a) To promote inbound tourism.

(b) To make Made in India a label of quality

(d) To provide venture capital to IT sector

Correct! Wrong!

Ans.:- (b)

3. Reserve Bank of India keeps some securities against notes. These securities are always less in comparison to-

(a) Gold and foreign bonds

(b) Gold

(d) Gold foreign bonds and Government bonds

Correct! Wrong!

Ans.:- (d)

3. Which of the following PSU’s has been privatised?

(a) HZL

(b) CMC

(d) NALCO

Correct! Wrong!

Ans.:- (a)

4. Who has provided the Savings Bank facility to the largest number of account holders in India ?

(a) State Bank of India

(b) Punjab National Bank

(d) Post Office

Correct! Wrong!

Ans.:- (d)

5. The symbol of Reserve Bank of India is -

(a) Capitol of Ashoka Pillar

(b) Kuber with a purse of money

(d) A dog sitting in a defensive state

Correct! Wrong!

Ans.:- (c)

6. What is the extent of change of the literacy rate envisaged by the end of the 10th Five Year Plan ?

(a) From 65% to 75%

(b) From 60% to 70%

(d) From 45% to 50%

Correct! Wrong!

Ans.:- (a)

8. Which amidst fee following rural banks has been named after a river ?

(a) Prathama Bank

(b) Varada Grameen Bank

(d) Aravali Kshetriya Grameen Bank

Correct! Wrong!

Ans.:- (b)

9. Which of the following is an open market operation of the RBI ?

(a) Buying and selling of shares

(b) Trading in securities

(d) Lending to commercial banks

Correct! Wrong!

Ans.:- (b)

10. Which among the following subjects is not an aim of the monetary policy of the Reserve Bank of India ?

(a) Giving impetus to economic development

(b) Direct credit with objective criteria

(d) To ensure social justice

Correct! Wrong!

Ans.:- (d)

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