Indian economy miscellaneous


  1. NABARD stands for









  1. View Hint View Answer Discuss in Forum

    NABARD stands for National Bank for Agriculture and Rural Development. It is an apex development bank in India having headquarters based in Mumbai (Maharashtra). It was established on 12 July 1982 and accredited with matters credit for agriculture and other economic activities in rural areas in India.

    Correct Option: B

    NABARD stands for National Bank for Agriculture and Rural Development. It is an apex development bank in India having headquarters based in Mumbai (Maharashtra). It was established on 12 July 1982 and accredited with matters credit for agriculture and other economic activities in rural areas in India.


  1. SIDBI stands for :









  1. View Hint View Answer Discuss in Forum

    SIDBI stands for Small Industries Development Bank of India. It is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises (MSME) in India. It was set up on April 2, 1990 through an act of parliament.

    Correct Option: B

    SIDBI stands for Small Industries Development Bank of India. It is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises (MSME) in India. It was set up on April 2, 1990 through an act of parliament.



  1. The one rupee note bears the signature of :









  1. View Hint View Answer Discuss in Forum

    Unlike other currency notes which bear the signature of RBI Governor, the one rupee note has signature of the Finance Secretary. The RBI, in February 2015, announced to soon put in circulation currency notes in one rupee denomination. The printing of one rupee note was stopped in November 1994.

    Correct Option: C

    Unlike other currency notes which bear the signature of RBI Governor, the one rupee note has signature of the Finance Secretary. The RBI, in February 2015, announced to soon put in circulation currency notes in one rupee denomination. The printing of one rupee note was stopped in November 1994.


  1. State Bank of India was previously known as :









  1. View Hint View Answer Discuss in Forum

    The State Bank of India traces its ancestry to British India, when the Bank of Calcutta was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (1840) and the Bank of Madras (1843). The Presidency banks amalgamated on 27 January 1921 as the Imperial Bank of India. On 1 July 1955, the Imperial Bank of India became the State Bank of India.

    Correct Option: A

    The State Bank of India traces its ancestry to British India, when the Bank of Calcutta was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (1840) and the Bank of Madras (1843). The Presidency banks amalgamated on 27 January 1921 as the Imperial Bank of India. On 1 July 1955, the Imperial Bank of India became the State Bank of India.



  1. In the national context which of the following indicates Macro Approach ?









  1. View Hint View Answer Discuss in Forum

    Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets. It explains the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, etc.

    Correct Option: C

    Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets. It explains the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, etc.