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Economic Social Development

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Economic Social Development questions

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Q141.Which one of the following is not the function of Regional Rural Banks?

Q142.Consider the following statements. 1. Inflation benefits the debtors. 2. Inflation benefits the bond holders. Which of the statement(s) given above is/are correct?

Q143.In India, regional rural banks were established in the year

Q144.Which one of the following is NOT a method to control inflation?

Q145.Consider the following. 1. Regional Rural Banks 2. Lead Bank Plan 3. NABARD 4. State Bank of India The correct chronological sequence of establishing of these banks is

Q146.Which of the following price index number are used for calculation of Central Government employee wage compensation?

Q147.Which of the following systems of Note-issue is followed by RBI?

Q148.With reference to India, consider the following statements. 1. The Wholesale Price Index (WPI) in India is available on a monthly basis only. 2. As compared on Consumers Price Index for Industrial Workers [CPI(IW)] the WPI gives less weight to food articles. Which of the following statement(s) given above is/are correct?

Q149.Scheduled bank is a bank which is

Q150.Consider the following statements and state which is/are correct? 1. The sub-prime crisis which hit the U.S. economy was caused by sudden increase in oil prices. 2. The crisis led to default in home loan repayment. 3. It led to failure of some U.S. Banks. 4. Sub-prime crisis caused crash in Indian stock market. Choose your answer from the given codes.

Q151.Coins are minted in India at

Q152.The most common measure of estimating inflation in India is

Q153.Money Multiplier in India is defined as

Q154.Which one of the following statements is an appropriate description of deflation?

Q155.Paper currency was first started in India in

Q156.Assertion

Q157.Consider the following statements. 1. Gorewal Committee recommendation led to the establishment of State Bank of India. 2. 14 banks were nationalised on July 19, 1969. Which of the statement(s) given above is/are correct?

Q158.An expression coined by economists to describe an economy that is growing at such a slow pace that more jobs are being lost than are being added

Q159.The Prevention of Money Laundering Act came into force in India during

Q160.A rapid increase in the rate of inflation is sometimes attributed to the ‘base effect’. What ‘base effect’?

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