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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.

Similar Questions :

1. Which Indian got Nobel Prize for Economics ?

  • Teressa
  • Amarthiya Sen
  • C.V.Raman
  • None of above

Answer: Option B

2. What is Autarchy ?

  • Gradual increase of economy.
  • Gradual decline of economy.
  • Self sufficiency and self reliance of economy.
  • Dependence of economy on external factors.

Answer: Option C

3. First five year plan was based on ?

  • Herold -Domar Model
  • P.C. Mahalanobis Model
  • Both of above
  • None of above

Answer: Option A

Explanation:

Second five year plan (1956-1961) was based on P.C. Mahalanobis Model.

4. National Rural Employment Guarantee Programme started in ?

  • 2005
  • 2006
  • 2007
  • 2008

Answer: Option B

Explanation:

It started on 2nd Feb, 2006.
Govt. of India renamed it to Mahatma Gandhi National Rural Employment Guarantee Act(MNERGA) on 2nd October, 2009.

5. What is the mainstay of Indian economy ?

  • Manufacturing
  • Business
  • Public sector
  • Agriculture

Answer: Option D

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