2
Q:

Which of the following should always be balanced in the foreign trade of India?

 

 

A) Balance of Trade B) Balance of Paymen
C) Balance of Current Account D) No option is correct

Answer:   B) Balance of Paymen



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 3450
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 3345
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 2746
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 2415
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 4483
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 3984
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 5931
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 5922