Banking Awareness Quiz

The nodal agency for implementing the ‘Rural Infrastructure Development Fund Programs’ is?

• NABARD 

• Reserve Bank of India

• State Bank of India

• State Cooperative Bank

With reference to Economic Survey 2022-23, consider the following statements regarding Health Sector: 

1. National Health Policy, 2017 recommended an increase in the Government’s health expenditure from the existing 1.2 per cent to 2.5 per cent of GDP by 2025 

2. Share of expenditure on health in the total expenditure on social services, has increased from 21%  in FY19 to 26% in FY23 (BE).

Which of the statements given above is/are correct? 

• 1 only

• 2 only

• Both 1 and 2

•  Neither 1 nor 2

With reference to Economic Survey 2022-23, consider the following statements:

1. Rural inflation has remained above its urban counterpart throughout the 2022-23 fiscal year

2. Urban areas experienced a sharper increase in food prices of vegetables and oils during this time as compared to the hinterlands.

3. Majority of the States/UTs have Higher Urban Inflation than Rural Inflation

Which of the statements given above is/are correct? 

• 1 and 2 only 

• 2 only 

• 1 and 3 only 

• 1, 2 and 3

The tax imposed on import and export of commodities is known as _______

• Custom duties

• Excise duties

• VAT

• GST

Whose signature is on the one rupee note?

• Reserve Bank Governor

• Finance Secretary

• Finance Minister

• Prime minister

_____ deal(s) with the taxation and expenditure decisions of the Government.

• Monetary Policy

• Labour Market Policies

• Trade Policy

• Fiscal Policy

The type of unemployment in the agricultural sector of India where more people are employed than required is known as:

• disguised unemployment

• seasonal unemployment

• structural unemployment 

• marginal unemployment

How many languages are there on language panel of Indian currency note?

• 15

• 17

• 10

• 12

Which of the following tax gives maximum revenue to the government of India?

• Corporate tax

• Excise duty

• Income tax

• Customs duty

Which was the second bank in India with limited liability?

• Punjab National Bank

• Imperial Bank of India

• New Bank of India

• State Bank of India