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RRB NTPC Indian Economy — practice questions — page 3

Explore 74 free Indian Economy questions in RRB NTPC Economy. Open each question or exercise to read its content, reference answers and available explanation.

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Indian Economy questions and exercises with answers

Showing questions 61–74 of 74.

What traditional ledger did Nirmala Sitharaman carry the budget in on 5 July 2019?Read the answer and worked solution →The 1991 reforms followed a crisis in which forex reserves covered about how much import time?Read the answer and worked solution →What is the full form of the policy acronym NITI in NITI Aayog?Read the answer and worked solution →NITI Aayog was established by the Government of India in 2015 to replace which body?Read the answer and worked solution →In December 2012, what economic growth rate was approved by the NDC for the Twelfth Five-Year Plan?Read the answer and worked solution →Which Five-Year Plan was the final official economic plan formulated in India?Read the answer and worked solution →The repo rate is the interest rate at which the RBI lends short-term funds to which entities?Read the answer and worked solution →Under SLR rules, banks must maintain liquid assets comprising cash, gold, and what else?Read the answer and worked solution →CRR specifies the percentage of a bank's net demand and time liabilities kept with which body?Read the answer and worked solution →The RBI established the specialized subsidiary BRBNM in 1995 primarily to produce what?Read the answer and worked solution →The 1991 New Industrial Policy abolished compulsory licensing for all except how many sectors?Read the answer and worked solution →Which first Finance Minister of independent India began the tradition of carrying the budget in a briefcase?Read the answer and worked solution →India's first completely paperless Union Budget presented via a digital tablet occurred in which year?Read the answer and worked solution →In 1921, the three presidency banks of Bengal, Bombay, and Madras merged into which bank?Read the answer and worked solution →

Worked practice questions

What traditional ledger did Nirmala Sitharaman carry the budget in on 5 July 2019?

  1. Bahi-Khata
  2. Roznamcha
  3. Pothi
  4. Kharita
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Correct answer: A. Bahi-Khata

She broke tradition by carrying the budget in a Bahi-Khata, an Indian accounting ledger.

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The 1991 reforms followed a crisis in which forex reserves covered about how much import time?

  1. Three weeks
  2. Three months
  3. Six months
  4. One year
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Correct answer: A. Three weeks

Reserves had fallen to about three weeks of imports before the reforms.

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What is the full form of the policy acronym NITI in NITI Aayog?

  1. National Institution for Transforming India
  2. National Institute for Technical Initiative
  3. National Infrastructure Transformation India
  4. National Initiative for Technology in India
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Correct answer: A. National Institution for Transforming India

NITI Aayog stands for National Institution for Transforming India, operating as an apex policy forum.

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