2
Q:

In which area is the public sector most dominant in India?

 

A) Organised term lending financial instistutions B) Transport
C) Commerical banking D) Steel production

Answer:   C) Commerical banking



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
Q:

Which Bank has launched 'Project Nishchay' in partnership with The Boston Consulting Group (BCG) ?

A) SBI B) Dena Bank
C) IDBI Bank D) Yes Bank
 
Answer & Explanation Answer: C) IDBI Bank

Explanation:

IDBI Bank has launched 'Project Nishchay' in partnership with The Boston Consulting Group (BCG) to accelerate its turnaround programme and improve financial performance.

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9 3455
Q:

Which country has replaced China as the top retail destination in 2017 Global retail development index ?

A) Russia B) India
C) Japan D) USA
 
Answer & Explanation Answer: B) India

Explanation:
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8 3362
Q:

According to Nomura's Report, India’s GDP growth rate is expected to be around _________ in the financial year 2017-18.

A) 7.6% B) 7.3%
C) 7.8% D) 7.1%
 
Answer & Explanation Answer: D) 7.1%

Explanation:
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7 2761
Q:

What is the rank of India in World Economic Forum’s Global Human Capital Index (GHCI) 2017 ?

A) 103 B) 104
C) 105 D) 106
 
Answer & Explanation Answer: A) 103

Explanation:

India ranked low 103rd out of 130 countries surveyed on World Economic Forum’s (WEF) Global Human Capital Index (GHCI) 2017. In the previous edition India ranked 105th.

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7 2430
Q:

What is the Color of Rs.50 bank notes in Mahatma Gandhi (New) series introduced recently ?

A) Magenta B) Stone Grey
C) Fluorescent Blue D) Ray blue
 
Answer & Explanation Answer: C) Fluorescent Blue

Explanation:
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20 4507
Q:

The 'IFSC Code' is an alphanumeric code comprising 11 characters that facilitates Electronic Fund Transfer in the country. The alphabet 'F' in the abbreviation 'IFSC' stands for ?

A) Fund B) Fast
C) Financial D) First
 
Answer & Explanation Answer: C) Financial

Explanation:

IFSC stands for - Indian Financial System Code. This is a code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India :

1. RTGS - The Real Time Gross Settlement  (and)

2. NEFT - The National Electronic Fund Transfer (NEFT) systems.

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14 3992
Q:

Second Nationalization of Commercial Banks in India took place in ?

A) 1890 B) 1969
C) 1972 D) 1980
 
Answer & Explanation Answer: D) 1980

Explanation:

First nationalisation of commercial banks in India took place in 1969 and second time in 1980.

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15 5947
Q:

In budget 2017-18, the fund allocation for Deen Dayal Upadhyay Gram Jyoti Yojana Scheme ?

A) Rs. 6815 Crores B) Rs. 5550 Crores
C) Rs. 4814 Crores D) Rs. 2115 Crores
 
Answer & Explanation Answer: C) Rs. 4814 Crores

Explanation:
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13 5938