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