IndiaBIX

General Knowledge - Indian Economy

Exercise : Indian Economy - Indian Economy
  • Indian Economy - Indian Economy
51.

How many banks were nationalized in 1969?

16
14
15
20
Answer: Option
Explanation:
No answer description is available. Let's discuss.
52.

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

Hindustan Commercial Bank
Oudh Commercial Bank
Punjab National Bank
Punjab and Sind Bank
Answer: Option
Explanation:
No answer description is available. Let's discuss.
53.

In India, inflation measured by the

Wholesale Price Index number
Consumers Price Index for urban non-manual workers
Consumers Price Index for agricultural workers
National Income Deflation
Answer: Option
Explanation:
Two major measures for inflation, which are widely used, are Wholesale Price Index (WPI) and Consumer Price Index (CPI). WPI measures the increase in the prices of a fixed basket of goods prevailing in the wholesale market while CPI measures the increase in the prices of essential commodities purchased by an average consumer prevailing in the retail market. Measured weekly, WPI is the primary inflation measure in India.
54.

The annual yield from which of the following Union Government taxes is the highest?

Custom duties
Corporation tax and income tax
Inheritance tax, wealth tax, interest tax and gift tax
Excise duties
Answer: Option
Explanation:
No answer description is available. Let's discuss.
55.

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

15 to 20 percent
20 to 25 percent
25 to 30 percent
30 to 35 percent
Answer: Option
Explanation:
No answer description is available. Let's discuss.
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