Question Detail

Reserve bank of India was established on

1st April, 1935
1st April, 1936
1st April, 1937
1st April, 1938

Answer: Option A

Explanation:

Reserve bank of India was established on 1st April, 1935. It was nationalized on 1st January, 1949.

1. Which industry is the largest ?

Handloom
Sports
Music
Textile

Answer: Option D

Explanation:

Textile industry is the largest industry in the country. The share of Textile and clothing in total industrial production is approx 14%. It provides employment to more than 350 lakh people.

2. States earn maximum revenue through

Tax Fines
Customs
License sales
Commercial taxes

Answer: Option D

3. First five year plan in India was from

1947 - 1952
1949 - 1954
1950 - 1955
1951 - 1956

Answer: Option D

4. Industrial Finance Corporation of India (IFCI) was established in :

1946
1947
1948
1949

Answer: Option C

Explanation:

Industrial Finance Corporation of India (IFCI) was established in 1948,
Its main functions are Project Finance and Promotional services.

5. In the state of India, the State Financial Corporation have given assistance mainly to develop

Irrigation projects
small-scale industries
medium-scale industries
medium and small-scale industries

Answer: Option D