Quiz 171: GK for SBI Bank PO and other Banking Examinations July 29, 2009 1. "Gadgil Formula” is related to which of the following ?Share of tax revenue between states and central governmentTransfer of assistance to the states by center under various schemesAssistance to be provided to states by the Central government for NREGA schemeNone of the above2. Which among the following was not a committee on Tax Reforms?Raja J Chelliah CommitteeKelker CommitteeTaraporewala committeeNone of the above3. Among which of the following countries would you call a growing country or growing economy ?A country with rising GNP at constant pricesA country with rising GNP at current pricesA country with constant GNP at rising pricesNone of the above4. Before independence , which of the following country was India’s largest trade partner? UKUSSRUSAGermany5. Which among the following years marks the latest devaluations in India’s currency ?19911998200020056. Interest receipts and dividends come under which category of Government’s revenue? Tax revenueNon Tax revenueBoth of themNone of them7. Which among the following revolutions is related to ‘fertilizers’?Silver RevolutionGrey RevolutionGolden RevolutionPink Revolution8. When 14 banks of India were nationalized on July 19, 1969, each one of them had a minimum deposit of ________?Rs. 50 CroreRs. 25 CroreRs. 75 CroreRs. 100 Crore9. What was the main objective of the FRBM Act which was enacted by Parliament in 2003?Bring liquidityBring Fiscal DisciplineBring Trade equilibriumTo increase GDP10. Which among the following defines ‘revenue deficit’?revenue expenditure minus revenue receiptsrevenue receipts minus revenue expenditurerevenue expenditure plus revenue receiptsNone of the aboveSubmit Test « Previous Next »