Ecnomics

UPSC, PSC, BANK, RAILWAY,etc. Examination Questions

PSC Question and Answer about Ecnomics including for Kerala Administrative Service (KAS), Secretariat Assistant, Panchayath Secretary, BDO, Auditor, Assistant, LDC and LGS examination level questions. We will update balance portion of the study material.....

Question1:- The largest share holder (in percentage share holding) of a nationalized bank is



Government of India


Question2:- ------ is the regulator of Insurance sector in India



IRDA


Question3:-Which is the number one Country in terms of Purchase



USA


Question4:- -------- is considered to be the originator of the concept of micro finance



Bangladesh


Question5:-Repo rate is decided by ------- Organization



RBI


Question6:--------- can not be seen in News Papers



Pulse Rate


Question7:- The term 'Demographic Gap' signifies the difference



Between the Birth and Death Ratio


Question8:- The rate of Interest on Term Deposits in banks is stipulated by ---------



Individual Banks Themselves


Question9:- Dis investment in Public Sector is called



Privatisation


Question10:-An individual's actual standard of living can be assessed by



Disposable Personal Income


Question11:- Name a term used in Finance and Banking



Line of Sight


Question12:-The apex bank of Industrial credit in India



IDBI


Question13:- The prominent function of Central Statistical Organization



To collect national income statistics


Question14:- Bad money drives away Good Money out of circulation . This is related to



Gresham's Law


Question15:- Money value of goods and services producing in a country during a year is called



National Income


Question16:- The full form of PPA in financial World



Purchasing Power Parity


Question17:-------- can be known by dividing National Income by the size of Population



Per Capita Income


Question18:- Depreciation means



Loss of equipment over time due to wear and tear


Question19:-India changed over the decimal system of Coinage in



April , 1957


Question20:-ICICI is the name of a



Financial Institution


Question21:-The identifying number given to the income tax payers by the department is



PAN


Question22:- In India, the Inflation is calculated on the basis of -------



Wholesale Price Index (WPI)


Question23:-



9


Question24:- ---------tax does not increase the Price



Income Tax


Question25:- Devaluation makes imports



Costlier


Question26:-NABARD was formed in the year



1982


Question27:- The last permission of Five Year Plans are given by



National Development Council


Question28:-The stock exchange which is nick named as 'Big Board'



New York


Question29:- The founder of Village Banks



Muhammed Yunus


Question30:- The name of State Bank of India before 1955



Imperial Bank


Question31:- The Finance Minister during the time of Nationalization of Banks in 1969



Indira Gandhi


Question32:- The Ex officio Chairman of National Development Council



Prime Minister


Question33:- The Ex officio Chairman of Planning Commission



Prime Minister


Question34:-The Ex officio Chairman of Inter Sate Council



Prime Minister


Question35:- The first ATM of India was at



Mumbai


Question36:- The first Bank in India to get ISO Certification



Canara Bank

Question37:- The headquarters of Canara Bank



Bangalore


Question38:-The first Stock Exchange of India



Mumbai


Question39:- Mumbai Stock Exchange was established in



1875


Question40:- The headquarters of Reserve Bank of India



Mumbai


Question41:- The headquarters of LIC



Mumbai


Question42:-The cabinet Finance minister who presented the most number of Budgets in India



Morarji Desai


Question43:-The author of "Asian Drama"



Gunar Mirdal


Question44:- Reserve Bank of India was established in accordance with the -----------



Reserve Bank of India Act , 1934


Question45:- Federation of Indian Chambers of Commerce and Industry was established by



Birla and Takur Das


Question46:- . Federation of Indian Chambers of Commerce and Industry was established in



1927


Question47:- 'Boliver' is the Coin of which Country



Venezuala


Question48:- The head quarters of ICICI Bank



Mumbai


Question49:-'Wealth of Nations' was written by



Adam Smith


Question50:- Kochi Stock Exchange was established in the year



1978


Question51:- 'Labors' is the Stock Exchange Index of which Country



France


Question52:- As the recommendations of -------- Committee, Reserve Bank was established



Hilton Young


Question53:- First Five Year Plan emphasized on



Agriculture


Question54:- The system of exchanging goods for goods was called --------



Barter System


Question55:-The four Subsidiary Companies of General Insurance Company



New India Assurance , Oriental Insurance, National Insurance and United India Insurance


Question56:- The first Country in India to start Cheque Clearing



England (London)


Question57:- Indira Gandhi started to nationalize Banks for the first time in



1969


Question58:- The organization that controls Stock Exchanges in India



SEBI (Securities and Exchange Board of India)


Question59:- The headquarters of Industrial Development Bank of India



Mumbai


Question60:- The founder of second Five Year Plan



Mahanalobis


Question61:-The early name of State Bank of India



State Bank of India


Question62:- Reserve Bank of India was established in



1935


Question63:- A currency is called Token Currency when ---------



The value of the Currency more than the value of the object with which the Currency is made of


Question64:- The monopoly given by the Govt to produce a particular Object



Patent


Question65:- Wall Street is famous for



Stock Exchange


Question66:- The Indian City famous for Share Buisness



Mumbai


Question67:-The Central Bank of India is known as



Reserve Bank


Question68:- Larry is the Coin of



Georgia


Question69:- LIC was established in



1956


Question70:-The father of Indian Planning



M. Viswesarayya


Question71:-The Validity of a Cheque is -------- from 1 April 2012



3 Months


Question72:-Who formed Human Development Index



Mehaboob Ui Haque


Question73:-Mumbai Stock Exchange is situated at



Dalal Street


Question74:- Adam Smith was born in -------- Country



Scotland


Question75:-The father of Economics



Adam Smith


Question76:- 'The Economic History of India is written by '



R.C Datt


Question77:-The Budget System was established in India during the period of --------Viceroy



Canning


Question78:- The first Online Organization of India



HDFC


Question79:- Euro is the Coin of ----- Continent



Europe


Question80:- The coin of America



Dollar


Question81:- Wall Street is situated at



New York


Question82:- The founder of World Economic Treaty



Arthur Dankal


Question83:- The first Budget of Independent India was presented by



R.K. Shanmukham Chetty


Question84:- The signature of Reserve Bank Governor is in ------ languages in Indian Currency



Two


Question85:- The fall in Stock Exchange Index is indicated by which animal



Bear


Question86:- The Rise in Stock Exchange index is shown by which Animal



Bull


Question87:- Reserve Bank of India was Nationalized in



1949


Question88:- The Economic Capital of India



Mumbai


Question89:-The public sector commercial bank which has the most branches in Kerala is



State Bank of India


Question90:-The first Stock Exchange in the World



Antwerp (Belgium)


Question91:-The Currency which is in the most number in the World



Dollar


Question92:- Post Office Savings Bank System was introduced in India in



1882


Question93:-The head quarters of Unit Trust of India



Mumbai


Question94:- The first Insurance Company of India is



Bombay Mutual Assurance Society Ltd


Question95:- The first Budget of India was presented by



Sir James Wilson (1860)


Question96:- The first Deputy Chairman of Planning Commission



Gulsarilal Nanda


Question97:-The Planning Commission was established in



15 March 1950


Question98:-The Prime Minister of India during the establishment of Planning Commission



Jawahar Lal Nehru


Question99:-Planning Commission was replaced by NITI Aayog in



1 Jan 2015


Question100:- The full form of NITI



National Institution for Transforming India