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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31. Which percentage of Central Taxes have been recommended by the 12th Finance Commission to be transferred to States ?

  • 28·5%
  • 29·5%
  • 30·5%
  • 31·5%
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32. Which state possesses the maximum percentage of SC population ?

  • U.P.
  • M.P.
  • Kerala
  • Punjab
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33. Government has decided to cover all districts of the country in National Rural Employment Guarantee Programme (NREGP)-

  • Upto January 1, 2008
  • Upto March 31, 2008
  • w.e.f. April 1, 2008
  • w.e.f. April 1, 2009
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34. What is ‘NIKKEI’ ?

  • Share Price Index of Tokyo Share Market
  • Name of Japanese Central Bank
  • Japanese name of Country’s Planning Commission
  • Foreign Exchange Market of Japan
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35. Which statement is correct for Indian Planning Commission ?

  • It is not defined in Indian Constitution
  • Members and Vice-Chairman of it do not have fixed working duration
  • Members do not require any minimum education
  • All of these
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36. Which State of the following has not yet adopted VAT (Value Added Tax) ?

  • Tamil Nadu
  • Uttar Pradesh
  • Gujarat
  • None of the above
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37. Service Tax revenue collection for 2008–09 (Budget estimates) was proposed at-

  • Rs. 64,460 crore
  • Rs. 52,603 crore
  • Rs. 50,200 crore
  • Rs. 74,460 crore
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38. NABARD was established on the recommendation of-

  • Public Account Committee
  • Shivaraman Committee
  • Narsimham Committee
  • None of these
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39. Sampurna Gramin Rojgar Yojana was launched on-

  • 1st April, 2001
  • 25th Sept., 2001
  • 30th Sept., 2001
  • No scheme of such title has yet launched
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40. Which company is providing mobile service with name ‘Cell One’ to the consumers ?

  • MTNL
  • BSNL
  • Reliance Infocom
  • Bharti Tele
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