Types of Deficits and Fiscal Indicators CDS Questions

CDS Economy

Types of Deficits and Fiscal Indicators MCQ Questions


1.
On which date were the first 14 major commercial banks nationalised in India?
A.
1 July 1955
B.
15 April 1980
C.
26 January 1950
D.
19 July 1969
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ANSWER :
D. 19 July 1969
2.
How many commercial banks were nationalised in the first phase of nationalisation in 1969?
A.
20
B.
8
C.
6
D.
14
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ANSWER :
D. 14
3.
In the 1969 nationalisation, banks with deposits exceeding which amount were nationalised?
A.
Rs. 50 crore
B.
Rs. 25 crore
C.
Rs. 200 crore
D.
Rs. 100 crore
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ANSWER :
A. Rs. 50 crore
4.
When did the second phase of bank nationalisation take place in India?
A.
19 July 1969
B.
1 April 1935
C.
15 April 1980
D.
14 August 1991
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ANSWER :
C. 15 April 1980
5.
How many banks were nationalised in the second phase in 1980?
A.
6
B.
8
C.
12
D.
14
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ANSWER :
A. 6
6.
In the 1980 nationalisation, banks with deposits exceeding which amount were nationalised?
A.
Rs. 200 crore
B.
Rs. 500 crore
C.
Rs. 100 crore
D.
Rs. 50 crore
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ANSWER :
A. Rs. 200 crore