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Q:

NREGP is the abbreviated form of

A) National Rural Employment Guarantee Programme B) National Rural Educational Guarantee Programme
C) National Rapid Employment Guarantee Programme D) National Rapid Educational Guarantee Programme

Answer:   A) National Rural Employment Guarantee Programme

Explanation:
Subject: Indian Economy
Q:

Which of the following is / are fund managers for National Pension System (NPS) in 2017 ?

A) Axis provident fund B) Yes bank pension fund
C) ICICI prudential pension D) Punjab National provident fund
 
Answer & Explanation Answer: C) ICICI prudential pension

Explanation:

At present in 2017, there are only seven NPS fund managers viz. HDFC Pension Fund, ICICI Prudential Pension, Kotak Pension Fund, LIC Pension Fund,  Reliance Capital Pension, SBI Pension Fund and UTI Retirement Solutions.

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Q:

What is the India’s GDP growth predict for Financial Year 2017-18, according to the Economic Survey of India (ESI) 2016-17 ?

A) 6.25 % to 7.5% B) 6.55 % to 7.25%
C) 6.55 % to 7.5% D) 6.75 % to 7.5%
 
Answer & Explanation Answer: D) 6.75 % to 7.5%

Explanation:

The Economic Survey for 2016-17, which is recently tabled by Finance Minister Arun Jaitley in Parliament, has expected India’s GDP growth estimation to be in 6.75 % to 7.5% for Financial Year 2017-18.

 

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Filed Under: Indian Economy

2 142
Q:

Who was appointed as Deputy Governor of RBI recently ?

A) SS Mundra B) Viral Acharya
C) Urjit Patel D) R Gandhi
 
Answer & Explanation Answer: B) Viral Acharya

Explanation:

The government on 28th December, 2016 appointed Viral Acharya as the Deputy Governor of the RBI. He will be joining the ranks of NS Vishwanathan, SS Mundra, R Gandhi as one of four Deputy Governors under RBI Governor Urjit Patel. Acharya has been serving as a Professor of Economics at the New York University Stern School of Business since 2008.

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Filed Under: Indian Economy
Exam Prep: CAT
Job Role: Bank PO

6 170
Q:

India's first amphibious bus project has been launched by which state government ?

A) Telangana B) Assam
C) Punjab D) Gujarat
 
Answer & Explanation Answer: C) Punjab

Explanation:
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Filed Under: Indian Economy
Exam Prep: CAT
Job Role: Bank PO

7 511
Q:

Which among the following is the exclusive jurisdiction of the State Government ?

A) Sales Tax B) Custom Duty
C) Income Tax D) Corporation Tax
 
Answer & Explanation Answer: A) Sales Tax

Explanation:
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Filed Under: Indian Economy

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