Know Your World - 54


1. In India, which first bank of limited liability managed by Indians and founded in 1881?

Oudh Commercial Bank

2. How many countries are represented in International Monetary Fund (IMF)?

163

3. Why has the per capita income been low in India?

Because of population growth

4. What is the ideal average NPK ratio aggregated for the country as a whole?

0.16806713

5. Participatory Notes (PNs) are associated with which investors?

Foreign Institutional Investors

6. In which plan was the objective of self-reliance and zero net foreign aid declared?

Fourth 5-Yr Plan

7. How is the standard of living in a country represented?

Per capita income

8. Which is the best measure of economic growth of a country?

GNP

9. How is development?

Wider than economic growth

10. Which groups suffer the most from inflation?

Creditors

11. What does Dear Money Policy imply?

High interest rates

12. Who is the author of the book ‘Development as Freedom’?

Amartya Sen

13. New exim policy has chosen which town for ‘the pottery export?

Khurja

14. The present demographic transition of India is indicative of which thing?

Typically increasing urbanization

15. What is the mean of Ad Valorem?

According to value

16. Who sings on One-rupee currency notes?

Finance Secretary of India

17. How is Indian economy?

Mixed economy

18. What is Broad money in India?

M

19. Regional Rural Banks are designed to work in which ideal?

Help the targeted groups

20. Which bank gives long term loan to farmers?

Land Development Bank

21. Which first Bank was established in India?

Bank of Hindustan

22. Which treated as artificial currency?

SDR

23. Prof. Amartya Sen has earned worldwide distinction in which field /area?

Economics

24. How many members of African Development Bank are there?

78

25. How is the tax which is paid by the person on whom the tax is incident?

Direct tax

26. Which is an extra Constitutional and non-statutory body?

Planning Commission

27. When was decimal coinage introduced in India?

1957

28. How many of Banks were nationalized since 1969?

20

29. Which place does Buyer’s market denote?

The demand exceeds the supply

30. What is deficit financing?

Spending in excess of revenue