The highest body which approves the Five Year Plan in India is :

• Parliament
• Planning Commission
• National Development Council
• Finance Commission
Solution
Correct Option: C  [ National Development Council ]

Explanation:

NPA of a commercial bank means:

• Net-Performing Asset
• New-Performing Asset
• Non-Personal Account
• Non-Performing Asset
Solution
Correct Option: D  [ Non-Performing Asset ]

Explanation: A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for long period.

Which of the following products of Tripura ranks Second in all India level in terms of production ?

• Paddy
• Bamboo
• Natural gas
• Natural rubber
Solution
Correct Option: D  [ Natural rubber ]

Explanation:

Which of the following is not an asset held by the commercial bank ?

• Bills of exchange
• Current account deposits
• Money lent at short notice
• Credit balances with the Reserve Bank
Solution
Correct Option: B  [ Current account deposits ]

Explanation:

In order to control inflationary price rise, Reserve Bank directs Banks to

• Reduce rate of interest on credit
• Reduce Statutory Liquidity Ratio (SLR)
• Increase Cash Reserve Ratio (CRR)
• Buy bonds from capital market
Solution
Correct Option: C  [ Increase Cash Reserve Ratio (CRR) ]

Explanation:

Match the following :

	List-I		List-II
a.	Monetary Policy Committee	1.	Union Home Minister
b.	GST Council	2.	Union Finance Minister
c.	NITI Aayog	3.	RBI Governor
d.	Cabinet Committee on Parliamentary Affairs	4.	Prime Minister of India

Select the correct answer using the codes given below.

• a-2, b-3, c-4, d-1
• a-3, b-2, c-4, d-1
• a-3, b-2, c-1, d-4
• a-2, b-3, c-1, d-4
Solution
Correct Option: B  [ a-3, b-2, c-4, d-1 ]

Explanation:

Who prints and supplies the currency notes in India:

• State Bank of India
• United Bank of India
• Reserve Bank of India
• United Commercial Bank of India
Solution
Correct Option: C  [ Reserve Bank of India ]

Explanation:

Which of the following sector gives the largest income in India ?

• Trade sector
• Railway
• Agriculture
• Service sector
Solution
Correct Option: D  [ Service sector ]

Explanation:

NABARD stands for:

• National Activated Bank for Agriculture and Rural Development
• National Bank for Agriculture and Rural Development
• National Agricultural Backward and Rural Development
• National Bank for Accelerated Rural Development
Solution
Correct Option: B  [ National Bank for Agriculture and Rural Development ]

Explanation:

In India, Special Economic Zones were established to enhance:

• Technology Development
• Free Trade
• Foreign Investment
• Employment
Solution
Correct Option: B  [ Free Trade ]

Explanation: