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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51. CAPART is related with-

  • Assisting and evaluating rural welfare programmes
  • Computer hardware
  • Consultant service of export promotion
  • Controlling pollution in big industries
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52. Note issuing deptt. of RBI should always possess the minimum gold stock of worth-

  • Rs. 85 crore
  • Rs. 115 crore
  • Rs. 200 crore
  • None of these
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53. Which of the following does not grant any tax rebate ?

  • National Saving Certificate
  • Indira Vikas Patra
  • National Saving Scheme
  • Public Providend Fund
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54. Ad hoc Treasury Bill System of meeting budget deficit in India was abolished on-

  • 31 March, 1997
  • 31 March, 1996
  • 1 April, 1992
  • 1 April, 1995
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55. SEBI was established in-

  • 1993
  • 1992
  • 1988
  • 1990
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56. The working of SEBI includes-

  • To regulate the dealings of share market
  • To check the foul dealings in share market
  • To control the inside trading of shares
  • All of these
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57. The ‘Ad hoc Treasury Bill System’ of meeting budget deficit in India was replaced by ‘Ways and Means Advances System’ which has come into force on-

  • March 31, 1997
  • April 1, 1996
  • April 1, 1997
  • None of these
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58. Fiscal deficit as a percentage of GDP was 4·0% in 2004–05 which increased in 2009–10 (Budget Estimates) to-

  • 5·0%
  • 5·1%
  • 6·8%
  • 6·0%
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59. Which is the first Export Processing Zone declared as Free Trade Zone in India ?

  • Kandla
  • Noida
  • Santacruz
  • Falta
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60. Which statement of the following is true for IMF ?

  • It is not an agency of UNO
  • It can grant loan to any country of the world
  • It can grant loan to state Govt. of a country
  • It grants loan only to member nations
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