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UPSC 2027: Indian Economy & Banking — Important Questions
UPSC Economy • 10 questions • Free on ExamBattle
Practice Questions
Q1
Which Five-Year Plan focused on "Growth with Social Justice and Equity"?
- A. Fifth Five-Year Plan
- B. Seventh Five-Year Plan
- C. Ninth Five-Year Plan
- D. Eleventh Five-Year Plan
Q2
The Monetary Policy Committee (MPC) of India was established under which Act?
- A. RBI Act, 1934 (amended 2016)
- B. Banking Regulation Act, 1949
- C. FRBM Act, 2003
- D. SEBI Act, 1992
Q3
Which index measures the degree of inequality in income distribution?
- A. Human Development Index
- B. Gini Coefficient
- C. Purchasing Power Parity
- D. Laffer Curve
Q4
The "Statutory Liquidity Ratio (SLR)" requires banks to maintain a percentage of their net demand and time liabilities in:
- A. Cash with RBI
- B. Approved securities (liquid assets)
- C. Foreign exchange reserves
- D. Gold bullion only
Q5
The National Food Security Act, 2013 covers what percentage of the rural population?
- A. 50%
- B. 67%
- C. 75%
- D. 80%
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