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Objective Questions
GK
GK Set-1
Economics
Indian Economics
321

Indian Economics MCQ (GK Set-1) with Answers

321) The launching of five year plans in India saw the introduction of

mixed economy

socialist economy

capitalist economy

closed economy

Answer is:

mixed economy

Indian Economics MCQ (GK Set-1) with Answers

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Related Indian Economics MCQ (GK Set-1) with Answers

322) Land development banks in India are owned by the

RBI

State governments

Commercial banks

Cooperative societies

Answer is:

Cooperative societies

323) Which of the following taxes is levied and collected by the union, but assigned to the states?

sales tax

octroi

excise

consignment tax

Answer is:

consignment tax

324) Which is the largest commercial bank in India?

Reserve Bank of India

State Bank of India

ICICI Bank

Bank of India

Answer is:

State Bank of India

325) Bank of Hindustan is the oldest bank in India. When did it start functioning?

1990

1770

1885

1892

Answer is:

1770

Indian Economics MCQ (GK Set-1) with Answers

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