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Economics Quiz For Banking Exams

1. Name the two PSUs, which were granted the Maharatna status by the Union Government of India in 2013?
a) ONGC and Gail
b) NTPC and BHEL
c) BHEL and GAIL
d) ONGC and NTPC

2. Match the following PSUs with the status granted to them?
i. Coal India Limited                               a. Navratna
ii. Hindustan Aeronautics Limited          b. Miniratna Category I
iii. Bharat Sanchar Nigam Limited     c. Miniratna Category I
iv. RITES Limited                                   d. Maharatana
a) i&d, ii&a, iii&b and iv&c
b) i&c, ii&a, iii&b and iv&d
c) i&d, ii&b, iii&a and iv&c
d) i&a, ii&d, iii&c and iv&c

3. Rajasthan Royals was penalized with a fine amount of around 100 crore Rupees for violating the Forex laws in February 2013. Name the body that slapped the fine on the IPL team?
a) BCCI
b) Competition Commission of India
c) Enforcement Directorate 
d) None of these

4. The income tax in India is
a) indirect and progressive
b) diret and proportional
c) direct and progressive
d) indirect and proportional

5. The principal sources of revenue to the State Government in India is
a) Income Tax
b) Sales Tax
c)State Excise Duties
d) Land Revenue

6. Which two of the following nationlised banks have been merged as per the recommendation of the Narasimhan Committee ?
a) New Bank of India and Bank of India
b) Central Bank of India and Corporation Bank
c) Parur Bank of India and Bank of India
d) Punjab National Bank and New Bank of India

7. Open market operations of a Central Bank are sale and purchase of
a) Foreign currencies
b) corporate securities
c) trade bills
d) government securities

8. Indias Economic Summit was held in December 1999, in
a) Mumbai
b) New Delhi
c) Chennai
d) Bangalore

9. Among Indian Economics who had done pioneering work on National Income ?
a) P.N. Dhar
b) Jagdish Bhagwati
c) V. K. R. V. Rao
d) Prof. Shenoi

10. The ""Garibi Hatao"" slogan was coined in
a) 1958
b) 1966
c) 1971
d) 1980













Solutions

1. c
2. a
3. c
4. c
5. b
6. d
7. d
8. b
9. c
10 c







5 Banking and SSC : Economics Quiz For Banking Exams 1. Name the two PSUs, which were granted the Maharatna status by the Union Government of India in 2013? a) ONGC and Gail b) NTPC and B...

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