Exercise 1

Question 21 :

The currency convertibility concept in its original form originated in


A). Wells Agreement
B). Bretton Woods Agreement
C). Taylors Agreement
D). None of the above
Answer : Option B

Question 22 :

In the state of India, the State Financial Corporation have given assistance mainly to develop


A). agricultural farms
B). cottage industry
C). large-scale industries
D). medium and small-scale industries
Answer : Option D

Question 23 :

The central co-operative banks are in direct touch with


A). farmers
B). state co-operative banks
C). land development banks
D). central government
Answer : Option B

Question 24 :

The first wholly Indian Bank was set up in


A). 1794
B). 1894
C). 1896
D). 1902
Answer : Option B

Question 25 :

States earn maximum revenue through


A). land revenue
B). custom revenue
C). commercial taxes
D). excise duties on intoxicants
Answer : Option C