Economic and Banking Questions and Answers

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Economic and Banking Questions with Answers are essential for candidates preparing for IBPS, SBI, and RBI bank exams. These aptitude questions and answers cover key concepts in economics, monetary policy, banking terms, and financial awareness. Mastering this topic boosts your performance in the general awareness and aptitude sections of banking tests. Practicing economic and banking aptitude questions with explanations enhances your understanding of current financial systems. Download free PDFs or attempt online practice tests to strengthen your preparation for upcoming banking exams.

Economic and Banking

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1. Competition (Amendment) Bill, 2007 has replaced-

  • VAT
  • MRTPC
  • Securities Contracts (Regulation) Bill, 2005
  • Electricity Act, 2003
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2. A bill has been introduced in the Parliament to raise SBI authorised capital from Rs. 20 crore to-

  • Rs. 50 crore
  • Rs. 1000 crore
  • Rs. 2000 crore
  • Rs. 5000 crore
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3. The total Foreign Direct Investment (FDI) during 2008-09 has been targeted at-

  • $ 25 billion
  • $ 35 billion
  • $ 45 billion
  • $ 50 billion
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4. National Electricity Policy envisages elimination of power shortage by 2012 through addition of …… during 10th and 11th plan periods.

  • 50000 MW
  • 75000 MW
  • 100000 MW
  • 125000 MW
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5. ‘Priyadarshini Project’ is related to-

  • Empowerment of Rural women
  • Survival of Girl Child
  • Free Education to all girls
  • None of the above
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6. ‘Pratibha Kiran Yojana’ is a new scheme to promote higher education among girls introduced by-

  • Karnataka
  • Bihar
  • Madhya Pradesh
  • Uttar Pradesh
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7. To which service, the government has notified Service Tax Refund Scheme for exporter ?

  • Port services
  • Railway service
  • Road service
  • All of these
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8. ‘Laadli Laxmi Yojana’ has been launched by………government for supporting girls of all religion and caste upto their marriage.

  • Rajasthan
  • Madhya Pradesh
  • Uttar Pradesh
  • Gujarat
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9. The Contract of Expressway Project in Uttar Pradesh has been awarded to-

  • JP Associates
  • JM Infra
  • Jointly to (A) and (B)
  • None of the above
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10. 13th ASEAN Summit was held between November 18 to 22, 2007 in-

  • Thailand
  • Malaysia
  • Singapore
  • Philippines
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