Economy

Pradhan Mantri Jan Dhan Yojana (financial inclusion scheme) was launched in?

A 2014
B 2015
C 2016
D 2017

The Insolvency and Bankruptcy Code (IBC) was enacted in India in?

A 2014
B 2016
C 2018
D 2020

Which body administers insolvency proceedings under IBC?

A SEBI
B NCLT (National Company Law Tribunal)
C RBI
D IRDAI

Disinvestment refers to?

A Government increasing its stake in PSUs
B Government selling its stake in public sector undertakings
C Nationalizing private companies
D Currency devaluation

Which ministry/department handles disinvestment of PSUs in India?

A DIPAM (Department of Investment and Public Asset Management)
B NITI Aayog
C SEBI
D RBI

Air India was fully privatized and handed over to Tata Group in the year?

A 2019
B 2020
C 2021
D 2022

The Foreign Exchange Management Act (FEM

A replaced which earlier act? A) FERA (Foreign Exchange Regulation Act)
B Companies Act
C Income Tax Act
D SEBI Act

FEMA was enacted in the year?

A 1997
B 1999
C 2002
D 2005

India's apex trade promotion body for exports is?

A FICCI
B Export-Import Bank of India (EXIM Bank)
C CII
D ASSOCHAM

The Special Economic Zones (SEZ) Act in India was passed in the year?

A 2000
B 2005
C 2008
D 2010

India's first Special Economic Zone was established at?

A Kandla
B Noida
C Cochin
D Surat

The Agricultural Produce Market Committee (APMC) Acts primarily regulate?

A Industrial production
B Marketing of agricultural produce
C Banking services
D Foreign trade

e-NAM (National Agriculture Market) was launched in the year?

A 2014
B 2016
C 2018
D 2020

Minimum Support Price (MSP) is announced by the government to protect?

A Consumers from high prices
B Farmers from price crashes
C Exporters from currency risk
D Banks from bad loans

MSP is recommended by which body in India?

A NITI Aayog
B Commission for Agricultural Costs and Prices (CACP)
C RBI
D SEBI

The Green Revolution's negative impact included concerns over?

A Overuse of chemical fertilizers and groundwater depletion
B Decline in food production
C Rise in unemployment only
D Currency depreciation

India's Foreign exchange reserves are managed and held by?

A Ministry of Finance
B Reserve Bank of India
C SBI
D NITI Aayog

The "twin balance sheet problem" in India refers to stress in?

A Corporate and banking sector balance sheets
B Household savings and government debt
C Import and export balances
D Agriculture and industry balance

Non-Performing Assets (NP

A refer to? A) Loans that are fully repaid
B Loans where borrowers default on repayment beyond a stipulated period
C Government subsidies
D Foreign exchange reserves

The Banking Regulation Act in India was enacted in?

A 1935
B 1949
C 1955
D 1969

Which committee's recommendations led to banking sector reforms in India in the early 1990s?

A Narasimham Committee
B Chelliah Committee
C Rangarajan Committee
D Kelkar Committee

The Direct Benefit Transfer (DBT) scheme aims to?

A Transfer subsidies directly into beneficiaries' bank accounts
B Provide direct loans to industries
C Increase tariffs
D Reduce taxes for corporates

Aadhaar, used to streamline DBT, is issued by which authority?

A UIDAI
B RBI
C SEBI
D NPCI

The National Payments Corporation of India (NPCI) developed which widely used payment system?

A SWIFT
B UPI (Unified Payments Interface)
C RTGS globally
D SEBI trading platform

UPI was launched in the year?

A 2014
B 2016
C 2018
D 2020