SSC economy quiz 15 September 22, 2018 September 22, 2018 Please enter your email: 1. In India, the first bank of limited liability managed by Indians and founded in 1881 was: Oudh Commercial Bank Hindustan Commercial Bank Punjab and Sind Bank Punjab National Bank 2. Rupee was devalued by what percent in July 1991 ? 25 20 22 18 3. Which of the following Mahatma Gandhi series of currency notes issued by the RBI has Rs. 100 Rs. 50 Rs. 10 Rs. 500 4. Which amidst the following rural banks has been named after a river? Thar Anchalik Grameen Bank Varada Grameen Bank Aravali Kshetriya Grameen Bank Prathama Bank 5. Which of the following is/are treated as artificial currency? SDR GDR ADR Both ADR and SDR 6. Word Bull and Big are associated with which branch of commercial activity? Manufacturing Foreign Trade Banking Share Market 7. How do we define the terms bull and bear with regard to stock markets? A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up; a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price Bull is one who first sells a share and then buys it at a lower price; bear means one who first buys and then sells it in expectation of prices going up A bull is ready to buy any share; a bear only deals in government securities There is nothing significantly different as both operate in the capital market 8. When was decimal coinage introduced in India? 1950 1960 1957 1947 9. All of the following are subsidiaries of the State Bank of India, except: State Bank of Hyderabad State Bank of Patiala State Bank of Bikaner and Jaipur Central Bank of India 10. The first Bank established in India was Bank of Hindustan State Bank of India Traders Bank Punjab National Bank Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related