Which institution in India controls the monetary policy of Indian currency?

• Finance Commission
• The Finance Ministry of India
• The Reserve Bank of India
• None of the above
Solution
Correct Option: C  [ The Reserve Bank of India ]

Explanation:

The full form of GST is:

• General Sales Tax
• Goods and Services Tax
• Government Special Tax
• General Service Tax
Solution
Correct Option: B  [ Goods and Services Tax ]

Explanation:

Which prograrnme gave the slogan, Garibi Hatao ?

• 4th Five Year Plan
• 5th Five year plan
• 6th Five Year Plan
• 7th Five year plan
Solution
Correct Option: B  [ 5th Five year plan ]

Explanation:

Plan finance creates increase of money supply if there is

• increase in taxes
• increase in loan from the Reserve Bank of India
• increase in loan from commercial Banks
• increase in loan from general public
Solution
Correct Option: A  [ increase in taxes ]

Explanation:

Which of the following is a primary sector of economic activities in India ?

• Food processing
• Telecom services
• Manufacturing industry
• Agriculture
Solution
Correct Option: D  [ Agriculture ]

Explanation:

New Industrial Policy of India was introduced in the year:

• 1990
• 1991
• 1992
• 1993
Solution
Correct Option: B  [ 1991 ]

Explanation:

"Swadesh Darshan" is:

• a scheme for development of tourism infrastructure
• related with transportation service for sightseeing in Tripura
• a Char Dham Yatra
• visit to a natural scenery
Solution
Correct Option: A  [ a scheme for development of tourism infrastructure ]

Explanation:

Where is the headquarter of Reserve Bank of India (RBI) situated ?

• Chennai
• New Delhi
• Kolkata
• Mumbai
Solution
Correct Option: D  [ Mumbai ]

Explanation: Established in Calcutta but shifted to Mumbai in 1937.

Whose signature is found on the 1000 rupee note of India?

• Finance Secretary of India
• Finance Minister Of India
• Governor, Reserve Bank of India
• President Of India
Solution
Correct Option: C  [ Governor, Reserve Bank of India ]

Explanation:

The Plan launched in the 50th year of Indian Independence was :

• Sixth five year plan
• Eighth five year plan
• Ninth five year plan
• Tenth five year plan
Solution
Correct Option: C  [ Ninth five year plan ]

Explanation: