Tag: history

Quizzes (1187) Questions (13475)

Questions Related to history

Multiple choice history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

When was the NEP introduced?

  1. 1980

  2. 1991

  3. 1990

  4. 1986
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
In 1991, India met with an economic crisis relating to its external debt. India agreed to the conditionalities of World Bank and IMF and announced the New Economic Policy (NEP). The NEP, introduced in 1991, consisted of wide ranging economic reforms.
Multiple choice history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

Who among the following cannot open 'No Frill Account' in a bank?

  1. Agricultural labourer

  2. Student

  3. A small firm selling white goods

  4. Farmer
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

No Frill Account is a basic banking account that requires either nil minimum balance or very low minimum balance. Charge applicable to such accounts are low. Services available to such accounts are limited. 

Firms selling white goods are not likely to have low amounts in the account due to their monetary transactions that happen on a regular basis.

Multiple choice history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

Which of the following organisations is created specially for providing credit to small and medium enterprises in India?

  1. NABARD

  2. SIDBI

  3. ECGC

  4. AMFI
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Small Industries Development Bank of India (SIDBI): Established as wholly owned subsidiary of IDBI and SIDBI Act 1989. Its headquarters is in Lucknow. It has 5 regional and 21 branch offices across the country. It is the principal financial institution for, promotion, financing and development of industries in the small scale sectors. It also co-ordinates the agencies which provides finance to small enterprises.

Multiple choice history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

In context of business and banking, what is CRAR?

  1. Capital to Risk (Weighted) Asset Ratio

  2. Credit to Risk Asset Ratio

  3. Credit to Risk Assessment Ratio

  4. Capital to Risk Assessment Rate
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Capital Adequacy Ratio (CAR), also called Capital to Risk (Weighted) Asset Ratio (CRAR) is a ratio of Bank's capital to its risk. Capital Adequacy Ratios are a measure of the amount of Bank's core capital expressed as a percentage of its risk-weighted asset.

Multiple choice history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

Which of the following sector(s) make(s) maximum contribution to the national income of India?

  1. Services

  2. Agriculture

  3. Industry

  4. Both Agriculture and Industry
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The services sector has consistently been the largest contributor to India's GDP for several decades, significantly outpacing both agriculture and industry in terms of value added.

Multiple choice history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

The full form for BIFR, in the context of the Indian Industry is _________.

  1. Board for Investment and Financial Redevelopment

  2. Bureau for Industrial and Financial Revolution

  3. Board for Investment and Formal Reconstruction

  4. Board for Industrial and Financial Reconstruction
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Board for Industrial and Financial Reconstruction (BIFR): BIFR was established under the Sick Industrial Companies (Special Pro-visions) Act 1985 (SICA). It is an agency of Government of India, part of the Department of Financial services of the Ministry of Finance. Its objective is to determine sickness of industrial companies and to assist in reviewing those that may be viable and shutting down the others.

Multiple choice history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

Union Budget, which is presented every year in the parliament, is also known as the ________.

  1. general budget

  2. common budget

  3. annual budget

  4. finance report of the year
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Union Budget is formally referred to as the Annual Financial Statement under Article 112 of the Indian Constitution, but it is commonly called the General Budget.

Multiple choice history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

The financial results of banks and other organisations normally are expressed in quarters. What does Q-1 mean?

  1. Results of January-March

  2. Performance during April-June

  3. Profits during July-September

  4. The period when the profits are highest
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

First Quarter $(Q _1)$ : April-June
Second Quarter $(Q _2)$ : July-September
Third Quarter $(Q _3)$ : October-December
Fourth Quarter $(Q _4)$ : January-March