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Objective Questions
GK
GK Set-1
Economics
Indian Economics
322

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

Indian Economics MCQ (GK Set-1) with Answers

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

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

326) The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form

Reserve Bank of India

Imperial Bank of India

Bank of India

Union Bank of India

Answer is:

Imperial Bank of India

Indian Economics MCQ (GK Set-1) with Answers

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