The RBI was nationalised in
- A1935
- B1949
- C1969
- D1955
- ENone of these
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Answer: (B) 1949
XAT Economy Questions with Answers & Explanations
17 Economy questions from the General Knowledge section of XAT, each with the correct answer and a worked explanation. Try each question first, then tap Show answer to check. When you're ready, take the timed chapter-wise test to see your all-India rank.
The headquarters of the Reserve Bank of India is in
- AMumbai
- BChennai
- CNew Delhi
- DKolkata
- ENone of these
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Answer: (A) Mumbai
NITI Aayog replaced the
- ANational Development Council
- BElection Commission
- CPlanning Commission
- DFinance Commission
- ENone of these
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Answer: (C) Planning Commission
MGNREGA guarantees how many days of wage employment in a year?
- A150 days
- B200 days
- C100 days
- D50 days
- ENone of these
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Answer: (C) 100 days
Who signs the one-rupee note in India?
- ARBI Governor
- BFinance Minister
- CPresident
- DFinance Secretary
- ENone of these
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Answer: (D) Finance Secretary
The repo rate is the rate at which
- ABanks lend to customers
- BBanks borrow from the public
- CRBI borrows from the government
- DRBI lends to commercial banks
- ENone of these
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Answer: (D) RBI lends to commercial banks
GST in India was implemented from
- A1 April 2016
- B1 April 2017
- C1 January 2018
- D1 July 2017
- ENone of these
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Answer: (D) 1 July 2017
Microfinance mainly provides
- AForeign exchange to exporters
- BSmall loans to low-income people
- CLarge loans to industries
- DInsurance to companies
- ENone of these
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Answer: (B) Small loans to low-income people
The Reserve Bank of India was established in
- A1947
- B1935
- C1969
- D1949
- ENone of these
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Answer: (B) 1935
Which tax is a direct tax?
- AIncome tax
- BCustoms duty
- CGST
- DExcise duty
- ENone of these
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Answer: (A) Income tax
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Timed General Knowledge test · 20 questions · instant rank
Inflation means a
- AGeneral rise in the price level
- BRise in unemployment
- CRise in exports
- DFall in prices
- ENone of these
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Answer: (A) General rise in the price level
Fourteen major commercial banks were nationalised in
- A1991
- B1949
- C1969
- D1980
- ENone of these
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Answer: (C) 1969
The Union Budget is presented under which Article?
- AArticle 266
- BArticle 280
- CArticle 110
- DArticle 112
- ENone of these
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Answer: (D) Article 112
The National Stock Exchange index is called
- ANIKKEI
- BNIFTY 50
- CFTSE
- DSENSEX
- ENone of these
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Answer: (B) NIFTY 50
Which body publishes the Consumer Price Index (CPI) in India?
- ASEBI
- BNational Statistics Office
- CNITI Aayog
- DRBI
- ENone of these
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Answer: (B) National Statistics Office
MGNREGA guarantees how many days of wage employment in a year?
- A50 days
- B100 days
- C200 days
- D150 days
- ENone of these
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Answer: (B) 100 days
SEBI regulates the
- ABanking sector
- BTelecom sector
- CSecurities (stock) market
- DInsurance sector
- ENone of these
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Answer: (C) Securities (stock) market
These are RankerClub practice questions written in the XAT pattern. They are not official SSC/IBPS/RRB papers.
