Multiple Choice Questions

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What is the role of 'Ombudsman" in a bank?

  • To provide quality and speedy redressal of grievances of customers

  • To provide suggestions for innovative schemes in the banks

  • To inspect the internal working of the branches

  • To monitor the poverty alleviation programmes undertaken by or implemented by the bank


A.

To provide quality and speedy redressal of grievances of customers

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Which of the following is done at a Stock Exchange?

  • Commodities are bought and sold at wholesale price

  • Commodities are bought and sold at retail price

  • Securities are bought and sold

  • Securities are bought and sold

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CENVAT is related to which of the following?

  • Sales Tax

  • Excise Duty

  • Custom Duty

  • Custom Duty

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Malthusian theory is associated with which of the following?

  • Poverty

  • Employment

  • Diseases

  • Diseases

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What is an octroi?

  • Tax

  • Tax collection centre

  • Tax processing centre

  • Tax processing centre

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Which of the following sets of taxes belongs to Central Government?

  • Excise duty, Sales tax and Custom duty

  • Income tax, Custom duty and House tax

  • Excise duty, Custom duty and Income tax

  • Excise duty, Custom duty and Income tax

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Which is the parameter for the economic development?

  • Per capita monetary income

  • National income

  • Per capita rural income

  • Per capita rural income

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Saving is that portion of money income that is

  • spent for development of industries

  • not spent on consumption

  • spent on health and education

  • spent on health and education

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Money transfer through mobile is called

  • IFSC

  • ATM

  • IMPS

  • IMPS

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An indifference curve measures the same level of ..........

  • output from two factors

  • satisfaction from two commodities

  • satisfaction from Income and capital

  • satisfaction from Income and capital

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