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  • Question
  • Regional rural banks

    1. have limited area of operation
    2. have free access to liberal refinance facilities from NABARD
    3. are required to lend only to weaker sections


  • Options
  • A. I, III
  • B. II, III
  • C. I, II, III
  • D. I, II

  • Correct Answer
  • I, II 


  • Indian Economy problems


    Search Results


    • 1. Redistribution polices geared to reduce economic inequalities include


    • Options
    • A. progressive tax policies
    • B. land reforms
    • C. rural development policies
    • D. All the above
    • Discuss
    • 2. The central banking functions in India are performed by the

      1. Central Bank of India
      2. Reserve Bank of India
      3. State Bank of India
      4. Punjab National Bank


    • Options
    • A. I, II
    • B. II
    • C. I
    • D. II, III
    • Discuss
    • 3. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?


    • Options
    • A. Reliance Energy
    • B. Essar Oil
    • C. GAIL
    • D. ONGC
    • Discuss
    • 4. One of the reasons for India's occupational structure remaining more or less the same over the years has been that


    • Options
    • A. investment pattern has been directed towards capital intensive industries
    • B. productivity in agriculture has been high enough to induce people to stay with agriculture
    • C. ceiling on land holdings have enabled more people to own land and hence their preference to stay with agriculture
    • D. people are largely unaware of the significance of transition from agriculture to industry for economic development
    • Discuss
    • 5. Notes on which denomination has the portrait of Mahatma Gandhi printed on them?


    • Options
    • A. 1000 rupee
    • B. 500 rupee
    • C. 100 rupee
    • D. All of the above
    • Discuss
    • 6. On which one of the followings is the benefits received principle of taxation to achieve optimality bases?


    • Options
    • A. Marginal benefit received
    • B. Total benefit received
    • C. Average benefit received
    • D. Ability to pay for the benefit
    • Discuss
    • 7. The annual yield from which of the following Union Government taxes is the highest?


    • Options
    • A. Custom duties
    • B. Corporation tax and income tax
    • C. Inheritance tax, wealth tax, interest tax and gift tax
    • D. Excise duties
    • Discuss
    • 8. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in


    • Options
    • A. 1984
    • B. 1986
    • C. 1987
    • D. 1989
    • Discuss
    • 9. States earn maximum revenue through


    • Options
    • A. land revenue
    • B. custom revenue
    • C. commercial taxes
    • D. excise duties on intoxicants
    • Discuss
    • 10. Paper currency first started in India in


    • Options
    • A. 1861
    • B. 1542
    • C. 1601
    • D. 1880
    • Discuss


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