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. Which of the following is the largest commercial bank in India? A) SBI B) HDFC Bank C) ICICI Bank D) Axis BankAsked in GS&GE JE PWD 10 2024 1601 2025
  2. Which was the first nationalized bank in India?Asked in GS&GE JE PWD 10 2024 1601 2025
  3. Which of the following banks has launched 'Pocket', India's first digital bank on mobile phones?Asked in POST GRADUATE TEACHER (PGT) 2018
  4. Which of the following is not true in case of Regional Rural Banks (RRBs)?Asked in Section Officer(LDCE) 2021 22 2021
  5. The first bank managed by Indians isAsked in Section Officer(LDCE) 2021 22 2021
  6. Which one of the following is not a source of direct finance?Asked in BPSC Prelims Exam 65th
  7. Recently the Reserve Bank of India has imposed limitations, initially for a period of six months, on the withdrawal of amount by account holders of which one of the following banks?Asked in UPSC CDS 1 2020
  8. Which one of the following is not a fund managed by NIIFL (National Investment and Infrastructure Fund Limited) ?Asked in UPSC CDS 2 2024
  9. Select the Financial Institution / Institutions currently regulated by the RBI from the list given below. (A) EXIM Bank (Export Import Bank) (B) NHB (National Housing Bank) (C) NABARD (National Bank for Agriculture and Rural Development) (D) All of the aboveAsked in GPSC Prelims CSP 2 2017
  10. Which of the following statements is/are correct? MUDRA stands for Micro Units Development and Refinance Agency Limited MUDRA has three schemes Shishu, Kishor and Tarun Mudra Scheme can fund heavy and big industries also MUDRA loans include business installment loan, commercial vehicle loan etc.Asked in GPSC Prelims CSP 2 2019
  11. During which of the following summit BRICS Development Bank was launched ?Asked in KPSC KAS Prelims 2014
  12. Arrange the following development finance institutions according to the order in which they were established : a. Industrial Development Bank of India, IDBI b. Industrial Investment Bank of India, IIBI c. Industrial Credit and Investment Corporation of India, ICICI d. Industrial Finance Corporation of India, IFCIAsked in MPSC CS Prelims 2016
  13. Which of the following promoted the concept of Self Help Groups (SHGs) for financing the poor?Asked in OPSC CS Prelims 2020
  14. Consider the following statements: 1. MUDRA in an agency for providing easy loans upto ₹ 10 lakhs to micro and small entrepreneurs. 2. SC/ST entrepreneurs will be given priority in providing loans under MUDRA. 3. MUDRA is a development and regulatory agency for medium scale industry. Which of the above statement(s) is/are true ?Asked in PPSC CS Prelims 2015
  15. The structure of Indian Financial System does not includeAsked in TNPSC CS Prelims 2015
  16. Consider the following events and arrange them in order of chronological order: 1. Establishment of NABARD 2. Self Help Group Bank Linkage Programme 3. Kisan Credit Card Plan 4. Establishment of Regional Rural Bank Select the correct answer from the codes given Below.Asked in UPPCS Prelims 2020
  17. The Kisan Credit Card (KCC) scheme was introduced in 1998. 145. With reference to 'Urban Cooperative Banks' in India, consider the following statements: They are supervised and regulated by local boards set up by the State Governments. They can issue equity shares and preference shares. They were brought under the purview of the Banking Regulation Act, 1949 through an Amendment in 1966. Which of the statements given above is/are correct?Asked in UPSC IAS 2021
  18. The Headquarter of World Bank is inAsked in WBPSC CS Prelims 2017
  19. World Development Report is published byAsked in WBPSC CS Prelims 2017
  20. The Apex Body to finance agriculture in India isAsked in UPPCS Prelims 2005
  21. Which one of the following is not an apex institution?Asked in UPPSC Upper Mains 2008
  22. Land Development Banks from part ofAsked in UPPSC Upper Mains 2008
  23. The nodal agency for implementing the 'Rural Infrastructure Development Fund Programmes' is:Asked in UPPSC Upper Mains 2009
  24. In India regional rural banks were established in the yearAsked in UPPSC Upper Mains 2010
  25. Which one of the following organisations administers finances of Rural infrastructural Developmet fund.Asked in UPPSC Upper Mains 2013