Table of Contents
INDIAN ECONOMY MCQs
DOWNLOAD MOBILE APPLICATION TO LEARN MORE: INDIAN ECONOMY MCQs
Q41. How we can define bank?
a) it is a lawful organisation which accepts deposits only
b) a lawful organisation which accepts deposits and can be withdrawn on demand
c) an organisation which meet the needs of agriculturist and poor people only
d) an organisation which accepts gold, jewellery only
ANSWER : B
Q42. Which one is the role of Banking?
a) encourages saving habit
b) facilitates business transactions receipts &payment by cheques
c) facilitates import export transactions
d) all of the above
ANSWER : D
Q43. Banking system of India is broadly classified into how many types of banks?
a) 6
b) 7
c) 5
d) 9
ANSWER : C
Q44. What is a Central Bank?
a) a bank which entrusted with the functions of guiding and regulating the banking system
b) a bank which accepts the deposits
c) it controls the activities of businessman
d) none of the above
ANSWER : A
Q45. What is the meaning of Commercial Bank?
a) a bank which give loans to the farmers
b) a bank which accepts deposits & grant short term loans & advances to the customers
c) a only
d) a & b both
ANSWER : B
DOWNLOAD MOBILE APPLICATION TO LEARN MORE: INDIAN ECONOMY MCQs
Q46. How many types of commercial banks do we have?
a) 4
b) 5
c) 9
d) 3
ANSWER : D
Q47. What are public sector banks?
a) banks where majority stake is held by Government or RBI of India
b) where the share capital of the bank is held by private individuals
c) banks which are controlled by foreign countries
d) banks where the State Government having the control
ANSWER : A
Q48. How Private Sector Banks can be defined?
a) the banks whose share capital is held by NRI’s
b) those banks which are having the head office in Foreign Country
c) the banks where the majority of share capital of the bank is held by private individuals
d) private & public sector banks are same
ANSWER : C
Q49. How many nationalized banks are there in Public Sector Banks?
a) 20
b) 24
c) 15
d) 19
ANSWER : D
Q50. What are Foreign Banks?
a) the banks which are controlled by the residents of foreign country
b) the banks which are registered & having their headquarters in a foreign country
c) having the branches in our country
d) b & c both
ANSWER : D
DOWNLOAD MOBILE APPLICATION TO LEARN MORE: INDIAN ECONOMY MCQs
51. When did Farrukhsiyar become the Mughal emperor?
a) 1707
b) 1712
c) 1713
d) 1719
ANSWER: C
52. When did Farrukhsiyar die?
a) 1719
b) 1739
c) 1747
d) 1748
ANSWER: A
53. When did Nadir Shah invade India?
a) 1719
b) 1739
c) 1747
d) 1748
ANSWER: B
54. When did Nadir Shah die?
a) 1747
b) 1748
c) 1749
d) 1752
ANSWER:A
55. When did Bahadur Shah Zafar die?
a) 1806
b) 1837
c) 1857
d) 1862
ANSWER:D
DOWNLOAD MOBILE APPLICATION TO LEARN MORE: INDIAN ECONOMY MCQs
56. Who was the founder of Maratha empire?
a) Balaji Baji Rao
b) Shivaji
c) Sambhaji
d) Shahu
ANSWER:B
57. When was Shivaji born?
a) 1627
b) 1659
c) 1674
d) 1680
ANSWER:A
58. When did Shivaji die?
a) 1659
b) 1674
c) 1680
d) 1713
ANSWER:C
59. Who founded the Peshwa dynasty?
a) Balaji Vishwanath
b) Madhavrao Ballal
c) Narayanrao
d) Raghunathrao
ANSWER:A
60. When did Baji Rao die?
a) 1713
b) 1720
c) 1740
d) 1761
ANSWER:C
DOWNLOAD MOBILE APPLICATION TO LEARN MORE: INDIAN ECONOMY MCQs