Economic Development
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Economic Development questions with answers

3,293 multiple-choice questions. Open any question for its answer and explanation.

Questions asked in State PSC and UPSC prelims, by topic. Each topic also has notes to read.

Read the notes: Money & Banking →

  1. In the second Nationalization of Commercial Banks, ______ banks were nationalized.Asked in WBCS Main Paper 5 2022
  2. Which of the following regarding the activities of the RBI is NOT correct?Asked in WBCS Main Paper 5 2022
  3. Which of the following is a commercial bank?Asked in WBCS Main Paper 5 2023
  4. How do commercial banks create money?Asked in WBCS Main Paper 5 2023
  5. Which of the following private sector banks has announced a 'blended finance facility' to rescue salt farmers of Rann of Kutch (Gujarat)?Asked in westbengal/WBCS Main 2019 Paper 5 2019
  6. A loan offered by a group of lenders who work together to provide funds for a single borrower is calledAsked in westbengal/WBCS Main 2019 Paper 5 2019
  7. Q82: How many banks were nationalized in India in 1969?Asked in Asstt. Jailor 2013
  8. After 2014, when was the first demonetization announced by the Govt. of India?Asked in AESE (RECRUITMENT TEST) 2025
  9. 'FEMA' stands for -Asked in ADDITIONAL PRIVATE SECRETARY EXAM 2023
  10. How many banks were nationalized in India on 15th April 1980 ? A) 4 B) 5 C) 6 D) 8Asked in Assistant Accountant 2012
  11. The largest public sector bank of India isAsked in Agricultural Development Officer, Agriculture Department
  12. Which bank has been declared as the overall winner of the EASE 3.0 awards?Asked in ae 2025
  13. Which of the following banks has launched ‘Pocket’, India’s first digital bank on mobile phones? - [A]Axis Bank - [C]ICICI Bank - [B]HDFC Bank - [D]Corporation BankAsked in ASCO 2014 · POST GRADUATE TEACHER (PGT) 2018
  14. The first Indian Commercial Bank which was wholly owned and managed by Indians wasAsked in ASO 2025
  15. How many public sector banks merged with Bank of Baroda from 1st April, 2020?Asked in Assistant Auditor (Direct) 2021
  16. Which bank aims to attract skilled and talented persons who can work with the bank remotely from any part of the country through the initiative named ‘GIG-A—Opportunities’?Asked in Assistant Auditor(LDCE) 2021
  17. Nationalization of banks was done with the purpose ofAsked in ASSISTANT SECTION OFFICER 2019
  18. Which of the following (Bank name – Headquarters) is not correctly matched?Asked in Civil Judge 2022
  19. What is meant by Bancassurance?Asked in Computer Programmer 2021
  20. In which year, nationalisation of banks took place in India?Asked in District Library and Information Officer(DLIO) 2018
  21. How many private banks were nationalized in 1969 ?Asked in Economics & Statistical Officer Exam 2005
  22. Match List - I with List - II and select the correct answer from the codes given below. List - I (Bank) A. Indian Bank B. ICICI Bank C. CITI Bank D. Saraswat Bank List - II (Type) 1. Foreign 2. Cooperative 3. Private 4. Public Codes: - A B C D (a) 1 2 3 4 (b) 2 3 1 4 (c) 4 2 3 1 (d) 4 3 1 2Asked in RO ARO 2020
  23. HDFC Bank becomes 2nd Most Valuable Company on BSE. Headquarters of HDFC bank is located inAsked in Horticulture Development Officer(HDO) 2018
  24. Which of the following Bank is the latest in Indian banking scenarioAsked in Horticulture Development Officer(HDO) 2018
  25. India Post received permit from RBI on January 20, 2017 to roll outAsked in Horticulture Development Officer(HDO) 2018