Indian Economy - Mock Test 7

Question 61

Deficit financing means that the government borrows money from the ?

A) Revenue Department B) World Bank C) RBI D) None of above

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Question 62

Which of the following is not viewed as a national debt ?

A) National Saving Certificate B) Provident Fund C) Life Insurance Policies D) Long-term Government Bonds

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Question 63

In the state of India, the State Financial Corporation have given assistance mainly to develop 1⃣ Irrigation projects 2⃣ small?

A) Irrigation projects B) small-scale industries C) medium-scale industries D) medium and small-scale industries

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Question 64

Gilt-edged market means?

A) market of government securities B) bullion market C) market dealing with metals D) market dealing with exports

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Question 65

General Insurance Corporation ( GIC ) was established in ?

A) 1971 B) 1972 C) 1973 D) 1974

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Question 66

Life Insurance Corporation ( LIC ) of India was established in ?

A) 1955 B) 1956 C) 1957 D) 1958

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Question 67

National Housing Bank (NH2⃣ was established in ?

A) 1988 B) 1989 C) 1990 D) 1991

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Question 68

National Bank for Agriculture and Rural Development (NABARD) was established in ?

A) 1980 B) 1981 C) 1982 D) 1983

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Question 69

Export-Import bank of India was established in ?

A) 1981 B) 1982 C) 1983 D) 1984

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Question 70

Small Industries Development Bank of India (SIDBI) was established in ?

A) 1986 B) 1987 C) 1988 D) 1989

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