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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21. The most densely populated country in South Asia is-

  • Bangladesh
  • India
  • Maldives
  • Sri Lanka
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22. Revenue Deficit as a per cent of GDP in Budget 2009-10 has been estimated at-

  • 1•0%
  • 4•0%
  • 4•4%
  • 4•8%
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23. Which country among the following gets the highest HDI ranking in Human Development Report 2007 ?

  • Iceland
  • USA
  • United Kingdom
  • Japan
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24. ‘Aam Admi Bima Yojana’ is an insurance scheme for rural landless households introduced by-

  • National Insurance Co.
  • Life Insurance Co.
  • UTI
  • ICICI Life Prudential Co.
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25. NOAPS has been renamed as Indira Gandhi Old Age Pension Scheme with its extended scope. Now this scheme will include all old age persons-

  • Living below poverty line
  • Above 60 years age
  • Above 65 years age
  • Both (A) and (C)
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26. The Ex-officio Secretary of NDC is-

  • Secretary of Finance Ministry
  • General Secretary of Lok Sabha
  • Secretary of Planning Commission
  • Vice Chairman of Planning Commission
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27. For charters and cargo services, what is the new FDI ceiling announced by the government ?

  • 100%
  • 74%
  • 26%
  • 49%
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28. In National Mineral Policy (1993) which mineral was allowed for having investment from private sector-

  • Coal
  • Iron
  • Gold
  • Platinum
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29. The share of road transport in total transport of the country is-

  • 20%
  • 40%
  • 60%
  • 80%
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30. Minimum Support Price is decided by-

  • ICAR
  • State Government
  • Ministry of Agriculture
  • CACP
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