Economic and Banking Questions and Answers

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Q71
The Present Service Tax rate is-
  • A 8%
  • B 15%
  • C 10%
  • D 12%
Answer: Option D
Q72
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
Q73
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
Q74
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
Q75
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
Q76
‘India Brand Equity Fund’ was established in-
  • A 1996
  • B 1997
  • C 1995
  • D 1992
Answer: Option A
Q77
Ministry of HRD has announced to hike FDI limit in Education to-
  • A 65%
  • B 70%
  • C 75%
  • D 100%
Answer: Option D
Q78
‘Pure Banking, Nothing Else’ is a slogan raised by-
  • A ICICI Bank
  • B HDFC Bank
  • C SBI
  • D UTI Bank
Answer: Option C
Q79
In the end of March 2008, External debt to GDP ratio in India stood at-
  • A 18·8%
  • B 17·4%
  • C 17·8%
  • D 15·8%
Answer: Option A
Q80
Indian State having the lowest Infant Mortality Rate is-
  • A Maharashtra
  • B Goa
  • C Gujarat
  • D Kerala
Answer: Option D

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