Indian economy miscellaneous
- The fourteen major banks in India were nationalised in the year
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In 1969, 14 major private commercial banks were nationalized. This was followed by a second phase of nationalization in 1980, when Government of India acquired the ownership of 6 more banks, thus bringing the total number of nationalized Banks to 20.
Correct Option: C
In 1969, 14 major private commercial banks were nationalized. This was followed by a second phase of nationalization in 1980, when Government of India acquired the ownership of 6 more banks, thus bringing the total number of nationalized Banks to 20.
- As an export item of India, which spice occupies the top position in value ?
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According to the latest figures, in terms of export value (in lakhs), chilli occupied first place among spices in 2013-14 (estimated). The total value of chillies was 272,227.20 lakhs, Cumin: 160,006.00 lakh, Pepper: 94,002.34 lakh, etc (Data: Spices Board of India, Union Ministry of Commerce & Industry).
Correct Option: B
According to the latest figures, in terms of export value (in lakhs), chilli occupied first place among spices in 2013-14 (estimated). The total value of chillies was 272,227.20 lakhs, Cumin: 160,006.00 lakh, Pepper: 94,002.34 lakh, etc (Data: Spices Board of India, Union Ministry of Commerce & Industry).
- The ‘more mega store’ retail chain belongs to which Indian Industry ?
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Aditya Birla Retail Limited (ABRL), the retail arm of Aditya Birla Group company, operates two store formats - Supermarket and Hypermarket under the brand ‘more’. ABRL is the 4th largest supermarket chain in India after Future Group, Reliance Retail and D-Mart.
Correct Option: C
Aditya Birla Retail Limited (ABRL), the retail arm of Aditya Birla Group company, operates two store formats - Supermarket and Hypermarket under the brand ‘more’. ABRL is the 4th largest supermarket chain in India after Future Group, Reliance Retail and D-Mart.
- In India the largest single item of current government expenditure is
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Interest payments are the single largest item of expenditure. They account for more than 40% of the total non-development expenditure. These items of expenditure are charged on the Consolidated Fund of India and are not required to be voted by the Lok Sabha.
Correct Option: B
Interest payments are the single largest item of expenditure. They account for more than 40% of the total non-development expenditure. These items of expenditure are charged on the Consolidated Fund of India and are not required to be voted by the Lok Sabha.
- India exports power to ____.
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India’s commercial export of power to Bangladesh commenced in October 2013 with the inauguration of the Bangladesh-India Power Transmission Centre at western Bherampura, near West Bengal. India will export 500 MW of electricity daily to Bangladesh for 35 years.
Correct Option: A
India’s commercial export of power to Bangladesh commenced in October 2013 with the inauguration of the Bangladesh-India Power Transmission Centre at western Bherampura, near West Bengal. India will export 500 MW of electricity daily to Bangladesh for 35 years.