General knowledge:: Indian Economy

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In India, inflation measured by the

A. Wholesale Price Index number B. Consumers Price Index for urban non-manual workers
C. Consumers Price Index for agricultural workers D. National Income Deflation


In India, the first bank of limited liability manages by Indians and founded in 1881 was

A. Hindustan Commercial Bank B. Oudh Commercial Bank
C. Punjab National Bank D. Punjab and Sind Bank


How many banks were nationalized in 1969?

A. 16 B. 14
C. 15 D. 20


Fiscal deficit in the Union Budget means

A. the difference between current expenditure and current revenue B. net increase in Union Governments borrowings from the Reserve Bank of India
C. the sum of budgetary deficit and net increase in internal and external borrowings D. the sum of monetized deficit and budgetary deficit


If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?

A. Rs. 50,000 crores B. Rs. 25,000 crores
C. Rs. 1,00,000 crores D. Rs. 1,25,000 crores

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