Explore topic-wise InterviewSolutions in .

This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.

1.	In India, the first bank of limited liability managed by Indians and founded in 1881 was
Answer» Oudh Commercial BANK In India, the first bank of limited liability managed by INDIANS and FOUNDED in 1881 was Oudh Commercial Bank.

In India, the first bank of limited liability managed by Indians and founded in 1881 was

Answer»

Oudh Commercial BANK

In India, the first bank of limited liability managed by INDIANS and FOUNDED in 1881 was Oudh Commercial Bank.

Discussion

2.	One rupee currency note in India bears the signature of-
Answer» FINANCE SECRETARY of Government of India Also, all the paper currency of India except ONE rupee note bears the signature of RBI Governor as these are issued by RBI, but the one rupee note bears the signature of the Finance Secretary.

One rupee currency note in India bears the signature of-

Answer»

FINANCE SECRETARY of Government of India

Also, all the paper currency of India except ONE rupee note bears the signature of RBI Governor as these are issued by RBI, but the one rupee note bears the signature of the Finance Secretary.

Discussion

3.	The budget deficit means
Answer» difference between all RECEIPTS and all the EXPENDITURE The BUDGET deficit MEANS difference between all receipts and all the expenditure.

The budget deficit means

Answer»

difference between all RECEIPTS and all the EXPENDITURE

The BUDGET deficit MEANS difference between all receipts and all the expenditure.

Discussion

4.	In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
Answer» Change in QUANTITY of MONEY - change in RATE of interest - change in investment - change in employment and OUTPUT - change in price level The sequence is Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level.

In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?

Answer»

Change in QUANTITY of MONEY - change in RATE of interest - change in investment - change in employment and OUTPUT - change in price level

The sequence is Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level.

Discussion

5.	The condition of indirect taxes in the country's revenue is approximately
Answer» 86 percent The condition of indirect TAXES in the country's REVENUE is APPROXIMATELY 86 percent.

The condition of indirect taxes in the country's revenue is approximately

Answer»

86 percent

The condition of indirect TAXES in the country's REVENUE is APPROXIMATELY 86 percent.

Discussion

6.	The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
Answer» 1975 The TWENTY POINT programme (TPP) conceived with the objective of improving quality of life of PEOPLE was FIRST initiated in 1975.

The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:

Answer»

1975

The TWENTY POINT programme (TPP) conceived with the objective of improving quality of life of PEOPLE was FIRST initiated in 1975.

Discussion

7.	Income tax in India was introduced by:
Answer» JAMES Wilson The 19th century saw the establishment of British rule in India. FOLLOWING the Mutiny of 1857, the British government faced an acute financial crisis. To fill up the TREASURY, the FIRST Income-tax ACT was introduced in February 1860 by James Wilson, who became British-India's first Finance Minister.

Income tax in India was introduced by:

Answer»

JAMES Wilson

The 19th century saw the establishment of British rule in India. FOLLOWING the Mutiny of 1857, the British government faced an acute financial crisis. To fill up the TREASURY, the FIRST Income-tax ACT was introduced in February 1860 by James Wilson, who became British-India's first Finance Minister.

Discussion