1. Which of the following banks was founded by Muttaiya Chidambaram Chettiar in Chennai in 1937 ?

Canara Bank

Indian Overseas Bank

Syndicate Bank

Dhanlaxmi Bank

Answer: Indian Overseas Bank

Explanation:

Chaidambaram chetttar was the founder of the Indian overseas bank. On 10 February 1937, he founded the Indian Overseas Bank, With the initiative to improve the country’s industrial sector. It is headquartered in Chennai, India.


2. The name of UTI Bank was changed to ____ in 2007 ?

HDFC Bank

IDBI Bank

Centurion Bank

Axis Bank

Answer: Axis Bank

Explanation:

The name of the country's third largest private sector lender UTI Bank has been officially changed to Axis Bank Ltd with effect from 30 July, 2007.


3. “Healthy States, Progressive India” Report has been published by which of the following institutions ?

Ministry of Health and Family Welfare

WHO

United Nations

Niti Aayog

Answer: Niti Aayog

Explanation:

Healthy States, Progressive India Report is a comprehensive Health report released by the National Institution for transactions India (NITI Aayog).


4. Which central agency is responsible for promoting cooperative marketing of agricultural produce to benefit the farmers ?

FCI

RBI

SEBI

NEFED

Answer: NEFED

Explanation:

National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) was established 2nd October 1958. Nafed was set up with the objective to promote Cooperative marketing of Agricultural Produce to benefit the farmers.


5. In which city is the head office of the Insurance Regulatory and Development Authority of India (IRDAI) situated ?

Hyderabad

Mumbai

Kolkata

New Delhi

Answer: Hyderabad

Explanation:

The headquarters of Insurance Regulatory and Development Authority (IRDA) of India is located in Hyderabad.


6. The Great Leap Forward (GLF) was a campaign initiated in _____ in 1958 aimed at industrialising the country on a massive scale ?

India

Bangladesh

China

Sri Lanka

Answer: China

Explanation:

The Great Leap Forward was a five-year plan of forced agricultural collectivization and rural industrialization that was instituted by the Chinese Communist Party in 1958, which resulted in a sharp contraction in the Chinese economy and between 30 to 55 million deaths by starvation, execution, torture, forced labour and suicide out of depression. The initiative was led by Mao Zedong. The goal was to rapidly evolve China from an agrarian economy into a modern industrial society with greater ability to compete with Western industrialized nations.


7. The Tata Iron and Steel Company (TISCO) is located at which of the following places ?

Bhilai

Rourkela

Jamshedpur

Durgapur

Answer: Jamshedpur

Explanation:

TISCO is located in Jamshedpur in Jharkhand. The industry is located on the banks of Subarnarekha and Kharkai river. These rivers help in the industrial uses and water treatment for the industry . Jamshedpur is also known as Tata City.


8. ‘An Enquiry into the Nature and Cause of the Wealth of Nations’ is an influential work by economist ______ ?

Millicent Fawcett

Adam Smith

John Maynard Keynes

Alfred Marshall

Answer: Adam Smith

Explanation:

‘An Enquiry into the Nature and Cause of the Wealth of Nations’ is an influential work by economist Adam Smith. It was published in 1776.t he book offers one of the world's first collected descriptions of what builds nations' wealth, and is today a fundamental work in classical economics.


9. ‘A Plan of Economic Development for India’, which was prepared by a cross-section of India’s leading capitalists in 1944, was popularly known as the _____ Plan. ?

Mysore

Allahabad

Bombay

Calcutta

Answer: Bombay

Explanation:

The Bombay plan was authored by top industrialists such as JRD Tata, GD Birla and Lal Shri Ram. The economists who helped draft the plan were John Mathai (who went on to become the finance minister in Nehru’s cabinet), Ardheshir Dalal, AD Shroff and PS Lokanathan.


10. _____ is the term used for breeding of fish in specially constructed tanks and ponds ?

Pisciculture

Agriculture

Viticulture

Horticulture

Answer: Pisciculture

Explanation:

Pisciculture is the term used for breeding of fish in specially constructed tanks and ponds. Viticulture is the cultivation and harvesting of grapes. Horticulture is the agriculture of plants mainly for food, materials, comfort and beauty for decoration.