Banking Awareness Questions and Answers

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Q71
Which committee recommended tax on Agriculture Holdings ?
  • A Bhootlingam Committee
  • B Wanchoo Committee
  • C Raj Committee
  • D None of these
Answer: Option D
Q72
The Present Service Tax rate is-
  • A 8%
  • B 15%
  • C 10%
  • D 12%
Answer: Option D
Q73
The cause of deflation is-
  • A Lack of goods and services as compared to money supply
  • B Lack of imports as compared to exports
  • C Lack of money supply as compared to supply of goods and services
  • D None of these
Answer: Option C
Q74
Which of the following is a better measure of economic development ?
  • A Employment
  • B Size of exports
  • C Rural consumption
  • D National Income
Answer: Option D
Q75
Which bank in India performs duties of Central Bank ?
  • A Central Bank of India
  • B State Bank of India
  • C Reserve Bank of India
  • D Above (A) and (B)
Answer: Option C
Q76
Out of one Rupee expenditure, how much paise have been allotted for subsidy in 2009-10 interim budget proposals ?
  • A 12 paise
  • B 10 paise
  • C 9 paise
  • D 7 paise
Answer: Option C
Q77
‘India Brand Equity Fund’ was established in-
  • A 1996
  • B 1997
  • C 1995
  • D 1992
Answer: Option A
Q78
Mixed Economy means-
  • A Co-existence of small and large industries
  • B Promoting both Agriculture and Industries in the economy
  • C Co-existence of public and private sectors
  • D Co-existence of rich and poor
Answer: Option C
Q79
Ministry of HRD has announced to hike FDI limit in Education to-
  • A 65%
  • B 70%
  • C 75%
  • D 100%
Answer: Option D
Q80
‘Pure Banking, Nothing Else’ is a slogan raised by-
  • A ICICI Bank
  • B HDFC Bank
  • C SBI
  • D UTI Bank
Answer: Option C

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