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Indian Economics MCQ Questions and Answers Page - 3

1.

Indian’s largest Commercial Bank is

Answer/ Hint      

Answer : B

Explanation :

2.

Bank deposits that can be withdrawn without notice are called:

Answer/ Hint      

Answer : D

Explanation :

3.

Reserve Bank of India was nationalised in

Answer/ Hint      

Answer : C

Explanation :

4.

The head office of the State Bank of India(SBI) is located in

Answer/ Hint      

Answer : D

Explanation :

5.

The head of the State Bank of India (SBI) is designated as

Answer/ Hint      

Answer : D

Explanation :

6.

Who among the following has decided to withdraw its nominee directors from the boards of the private sector banks

Answer/ Hint      

Answer : B

Explanation :

7.

The head office of the National Bank for Agriculture and Rural Development (NABARD) is located in

Answer/ Hint      

Answer : C

Explanation :

8.

Which bank becomes the first bank to open its branch in China

Answer/ Hint      

Answer : C

Explanation :

9.

The Banks are required to maintain a certain ratio between their cash in hand and total assets. This is called:

Answer/ Hint      

Answer : D

Explanation :

10.

The interest rate at which the Reserve Bank of India lends to commercial banks in the short term to maintain liquidity is known as:

Answer/ Hint      

Answer : B

Explanation :

11.

The head office of the Asian Development Bank (ADB) is in

Answer/ Hint      

Answer : A

Explanation :

12.

Where is the headquarter of International Bank for Reconstruction and Development (IBRD) located

Answer/ Hint      

Answer : B

Explanation :

13.

The term ‘Paper Gold’ means

Answer/ Hint      

Answer : A

Explanation :

14.

In which year was the World Bank formed?

Answer/ Hint      

Answer : A

Explanation :

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