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22. Economic Scenario

 

 

 
 
 
 
 
 
 
 
 
 
 

15. Which organization is the controller of monetary policy in Bharat?
RBI

16. In which year was RBI established?
1935

17. Where is the headquarter of Reserve Bank of India (RBI)?
Mumbai

18. In which year was RBI nationalised?
1949

19. Who bears the signature on one rupee note?
Finance Secretary of Bharat on behalf of Govt. of Bharat

20. Which bank was earlier called as 'Imperial Bank'?
State Bank of India (SBI)

21. In which year were commercial banks nationalised first in Bharat?
1969

22. How many commercial banks were nationalised in 1969?
14 Banks

23. In which year, the second round of nationalisation of banks took place in Bharat?
1980

24. Which is the largest public sector commercial bank in Bharat?
State Bank of India

25. Which is the largest commercial bank of private sector in Bharat?
ICICI Bank

26. Which bank was established in 2013, by the Govt. of Bharat, mainly to fullfil the banking needs of women?
Bharatiya Mahila Bank (BMB)

27. Name two important direct taxes levied by the Union Govt. in Bharat?
Corporate Tax, Income Tax

28. Name the important indirect taxes levied by the Union Govt. in Bharat? Excise Duty, Custom Duty, Service Tax

29. Name the important taxes by state governments in Bharat?
VAT(value added tax), Entry Tax, Entertainment Tax

30. Which tax provides maximum revenue to union govt. in Bharat? Corporate Tax

31. Which tax provides maximum revenue to state govts. in Bharat?
VAT

32. What is the name of new indirect tax, likely to be introduced in Bharat, with effect from April 1st 2016?
GST(Goods & Service Tax)

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