Tag: industrial sector

Questions Related to industrial sector

A bank requiring a higher interest rate on an automobile loan than on a home mortgage loan is demonstrating the core principle that says __________.

  1. "Time has value."

  2. "Markets determine prices and allocate resoucers."

  3. "Risks requires compensation."

  4. "Information is the basis for decisions."


Correct Option: C

In 1969, Government announced the nationalization of ______ number of major of commercial banks. 

  1. 12

  2. 14

  3. 16

  4. 18


Correct Option: B

In 1980, Government announced the nationalization of ______ number of major of commercial banks. 

  1. 5

  2. 6

  3. 7

  4. 8


Correct Option: B

Nationalisation of Banks was done in ___________.

  1. 1969

  2. 1980

  3. Both (a) and (b)

  4. None of the above.


Correct Option: C

In 1969, Government announced the nationalization of ________ number of major Commercial Banks.

  1. 12

  2. 14

  3. 16

  4. 18


Correct Option: B

Before nationalisation, commercial banks in India were lending primarily to ____________.

  1. Agriculture

  2. Industry and Commerce

  3. Export Trade

  4. All of the above


Correct Option: B

Which of the following was a cause for nationalization of Commercial Banks?

  1. Encouragement of speculative activities

  2. Neglect of Agricultural Sector

  3. Violation of Banking Norms

  4. All of the above


Correct Option: D

Which of the following was a cause for nationalization of Commercial Banks?

  1. Concentration of economic power

  2. Neglect of Priority Sectors

  3. Urban bias

  4. All of the above


Correct Option: D

Before nationalisation, Commercial Banks in India were having their branches in _________.

  1. urban areas

  2. rural areas

  3. semi-urban areas

  4. all of the above


Correct Option: A