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GK
GK Set-1
Economics
Banking System
48

Banking System MCQ (GK Set-1) with Answers

48) The principal reason why national economic planning is still being pursued in spite of embracing a market economy since 1991 is that

The vast quantity of capital already deployed in the public sector needs to be nurtured.

The market economy is mainly confined to industry and commerce, and central planning in agriculture is necessary.

It is a constitutional requirement.

Five Year Plans can continue to provide a long-term perspective to the economy in market friendly fashions.

Answer is:

Five Year Plans can continue to provide a long-term perspective to the economy in market friendly fashions.

Banking System MCQ (GK Set-1) with Answers

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Related Banking System MCQ (GK Set-1) with Answers

49) The type of planning experimented between 1978 and 1980 is known as

Rolling Plan

Annual Plan

Indicative Plan

Collective Plan

Answer is:

Rolling Plan

50) Narasimhan report relates to the restructuring of

sick industries

Sales tax

Income tax

Banks

Answer is:

Banks

51) Which of the following organizations functions as an apex institution for the agencies engaged in the economic development of Scheduled Castes and Scheduled Tribes?

National Research Development Corporation

National Institute of Rural Development

National Scheduled Castes and Scheduled Tribes Finance and Development Corporation

National Bank For Agriculture and Rural Development

Answer is:

National Scheduled Castes and Scheduled Tribes Finance and Development Corporation

52) Rural Development Programmes are related to

Self employment

giving jobs to the poorer graduates

poverty alleviation in states

None of these

Answer is:

poverty alleviation in states

Banking System MCQ (GK Set-1) with Answers

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