Important General Awareness Questions

In India, planned economy is based on ?

Socialist System

In India, agriculture income is calculated by ?
Output method

Who coined the term ‘Hindu rate of growth’ for Indian Economy?
Raj Krishna

The Mid-Day Meal Scheme has been launched by the Union Minister of ?
Human Resource Development

National Income estimates in India are prepared by ?
Central Statistical Organisation

The most appropriate measure of a country’s economic growth is its ?
Per Capita Real Income

Under which plan did the Government introduce an agricultural strategy which gave rise to Green Revolution ?
Third Five Year Plan

Which plan gave emphasis on removal of poverty for the first time ?
Fifth

The banks are required to maintain a certain ratio between their cash in hand and total assets is called ?
SLR (Statutory Liquid Ratio)

What is the place where bankers meet and settle their mutual claims and accounts ?
Clearing House

The Mumbai Stock Exchange was set up in year ?
1875

Who wrote the book “planned Economy for india”?
ANS : M.Visvesvaraya

Decimal coinage was introduced in India in the year ?
1957

Which institution is known as Soft loan window of World Bank ?
IDA

Per Capita Income is obtained by dividing National Income by ?
Total population of the country

STEP is the abbreviated name of the welfare programme to help ?
Woman

In India disguised unemployment is found in ?
Agriculture sector

Service Tax was introduced in India for the first time in the year ?
1994 – 95

What is the purpose of the India Brand Equity Fund ?
To make ‘Made in India’ a label of quality

READ  General Awareness Questions of IBPS PO Exam

Reserve Bank of India gives licence for credit creation to which banks ?
Scheduled banks

Many times we read in financial newspaper FII. What is the full form of FII ?
Foreign Institutional Investment

Golden Hand Shake Scheme’ in India is related with ?
Voluntary Retirement

‘Gresham’s law’ in economics relates to ?
ANS : Circulation of currency

Fiscal policy in India is formulated by whom ?
ANS : The Finance Ministry

The Union Government on January 30, 2015 revised the base year as ______ instead of 2004 – 05 for calculating GDP growth ?
2011 – 12

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Complete Solution for Banking Exams in India
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