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Question Detail
National Bank for Agriculture and Rural Development (NABARD) was established in ?
- 1980
- 1981
- 1982
- 1983
Answer: Option C
1. Deficit financing implies :
- printing new currency notes
- public revenue in excess of public expenditure
- public expenditure in excess of public revenue
- replacing new currency with worn out currency
Answer: Option C
2. Small Industries Development Bank of India (SIDBI) was established in :
- 1986
- 1987
- 1988
- 1989
Answer: Option D
Explanation:
Small Industries Development Bank of India (SIDBI) was established in 1989. Its main function is to provide assistance to small scale industries through state finance corporations, state industrial development corporations, commercial banks etc.
3. 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
4. States earn maximum revenue through
- Tax Fines
- Customs
- License sales
- Commercial taxes
Answer: Option D
5. What is term Hot Money used for ?
- black money
- white money
- a money which is hard to come but easy to go
- a money which comes easily and goes easily too
Answer: Option D
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