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Economics - Questions and Answers

Practice questions on Economics.

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61. When was the IDBI ( Industrial Development Bank of India ) instituted ?
A. 1981
B. 1972
C. 1964
D. 1952
Explanation:
62. When was the Reserve Bank of India taken over by the Government ?
A. 1945
B. 1948
C. 1952
D. 1956
Explanation:
63. The Union Budget for 1993 - 94 provided for
A. ready exchangeability of rupee
B. partial convertibility of rupee
C. full convertibility of rupee
D. 100 % convertibility at market determined rate
Explanation:
64. The basic regulatory authority for mutual funds and stock market lies with the
A. Government of India
B. Reserve Bank of India
C. Securities and Exchange Board of India
D. Stock Exchange
Explanation:
65. In India, the Public Sector is most dominant in
A. transport
B. steel production
C. commercial banking
D. organised term - lending financial institutions
Explanation:
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