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Indian Economy

Indian Economy
In April 1980 how many banks were nationalized?

nine banks
six banks
eight banks
five banks

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Indian Economy
With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:

the year 2005
the year 1990
the year 1995
the year 1998

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Indian Economy
The central co-operative banks are in direct touch with

farmers
land development banks
state co-operative banks
central government

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Indian Economy
In India, the first bank of limited liability managed by Indians and founded in 1881 was

Punjab National Bank
Punjab and Sind Bank
Hindustan Commercial Bank
Oudh Commercial Bank

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Indian Economy
Security and Exchange Board of India (SEBI) was established on:

33706
30144
34885
32333

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Indian Economy
Devaluation of currency will be more beneficial if

prices of exports remain constant
prices of domestic goods remain constant
prices of imports remains constant
prices of exports rise proportionately

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