SSC economy quiz 15 September 22, 2018 September 22, 2018 Please enter your email: 1. When was decimal coinage introduced in India? 1950 1960 1947 1957 2. Which of the following is/are treated as artificial currency? SDR GDR ADR Both ADR and SDR 3. The first Bank established in India was Punjab National Bank Bank of Hindustan State Bank of India Traders Bank 4. 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 There is nothing significantly different as both operate in the capital market A bull is ready to buy any share; a bear only deals in government securities 5. Which of the following Mahatma Gandhi series of currency notes issued by the RBI has Rs. 10 Rs. 50 Rs. 100 Rs. 500 6. In India, the first bank of limited liability managed by Indians and founded in 1881 was: Oudh Commercial Bank Punjab National Bank Punjab and Sind Bank Hindustan Commercial Bank 7. Word Bull and Big are associated with which branch of commercial activity? Manufacturing Banking Foreign Trade Share Market 8. 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 9. Which amidst the following rural banks has been named after a river? Prathama Bank Aravali Kshetriya Grameen Bank Varada Grameen Bank Thar Anchalik Grameen Bank 10. Rupee was devalued by what percent in July 1991 ? 18 25 22 20 Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related