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Imperial Bank of India was old name of ?

  • State Bank of India
  • United Bank of India
  • Central Bank of India
  • Punjab National Bank

Answer: Option A

Similar Questions :

1. What is FEMA ?

  • First Exchange Management Act
  • Foreign Exchequer Management Act
  • Foreign Exchange Management Act
  • Foreign Evaluation Management Act

Answer: Option C

Explanation:

FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973.

2. Which one among the following formulates the fiscal policy in India ?

  • Planning Commission
  • Finance Commission
  • The Reserve Bank of India
  • Ministry of Finance

Answer: Option D

3. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called ?

  • Statutory Liquid Ratio
  • Cash Reserve Ratio
  • Liquid Ratio
  • Statutory Ratio

Answer: Option A

4. The best indicator of economic development of any country is ?

  • Its agriculture
  • Its transport
  • Its gross production
  • Its per capita income

Answer: Option D

5. Pradhan Mantri Gramodaya Yojana started in ?

  • 1999
  • 2000
  • 2001
  • 2002

Answer: Option B

Explanation:

It was started to fulfil the basic requirements of rural areas.

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