Social and Economic Geography of India and WorldGeneral Knowledge State Level Teaching Exams Railway

Get quiz for Social and Economic Geography of India and World General Knowledge + State Level Teaching Exams Railways SSC , SSC , Railways Exams CGL/MTS/CPO, CTET & GATE. Get Free Quiz, PDF notes, Live video and guidance.


Question1) Explaination-All expenditures that promote economic growth and development are termed as development expenditure. Expenditure on infrastructure development, public enterprises or development of agriculture increase productive capacity in the economy and bring income to the government.


Expenditures in the nature of consumption such as Defence, interest payments, expenditure on law and order, public administration, do not create any productive asset which can bring income or returns to the government are non-development expenditure

Option- ['True', 'False']

Answer: True

Explaination: Explaination-All expenditures that promote economic growth and development are termed as development expenditure. Expenditure on infrastructure development, public enterprises or development of agriculture increase productive capacity in the economy and bring income to the government.


Expenditures in the nature of consumption such as Defence, interest payments, expenditure on law and order, public administration, do not create any productive asset which can bring income or returns to the government are non-development expenditure

To play more unlimited Quizzes download the Saarthi App

Download Link : https://cutt.ly/Saarthiwebsite



Question2) Indian Financial System consist of commercial banks and various other financial institutions. Financial institutions includ Development Banks like Icici, Idbi, Ifci etc. , Lending is the most important function of financial institutes. For such lending they don't create deposits. They are assisted by Central Government or RBI for the same. They provide long and midium term loans but however Commercial Banks provide short term loans max upto 7 years. DEVELOPMENT BANKS/FINANCIALINSTITUTIONS to a large extent participate in underwriting and direct investments in shares. Financial Institutions/Development Banks usally do not perticipate in the deposit market like com. Banks.

Option- ['True', 'False']

Answer: True

Explaination: Indian Financial System consist of commercial banks and various other financial institutions. Financial institutions includ Development Banks like Icici, Idbi, Ifci etc. , Lending is the most important function of financial institutes. For such lending they don't create deposits. They are assisted by Central Government or RBI for the same. They provide long and midium term loans but however Commercial Banks provide short term loans max upto 7 years. DEVELOPMENT BANKS/FINANCIALINSTITUTIONS to a large extent participate in underwriting and direct investments in shares. Financial Institutions/Development Banks usally do not perticipate in the deposit market like com. Banks.

To play more unlimited Quizzes download the Saarthi App

Download Link : https://cutt.ly/Saarthiwebsite



Question3) ICICI is the both financial institution as well as bank because of, the firm which is deals with the procurement of money in the form of saving and giving the loans to public is called the bank.


And financial institution deals with not only a procurement of money and giving loans and also other financial operations like.


Investing instead of public, discounting bills, issuing commercial papers, and other functions.


Option- ['True', 'False']

Answer: True

Explaination: ICICI is the both financial institution as well as bank because of, the firm which is deals with the procurement of money in the form of saving and giving the loans to public is called the bank.


And financial institution deals with not only a procurement of money and giving loans and also other financial operations like.


Investing instead of public, discounting bills, issuing commercial papers, and other functions.


To play more unlimited Quizzes download the Saarthi App

Download Link : https://cutt.ly/Saarthiwebsite



Question4) Explaination-All expenditures that promote economic growth and development are termed as development expenditure. Expenditure on infrastructure development, public enterprises or development of agriculture increase productive capacity in the economy and bring income to the government.


Expenditures in the nature of consumption such as Defence, interest payments, expenditure on law and order, public administration, do not create any productive asset which can bring income or returns to the government are non-development expenditure

Option- ['True', 'False']

Answer: True

Explaination: Explaination-All expenditures that promote economic growth and development are termed as development expenditure. Expenditure on infrastructure development, public enterprises or development of agriculture increase productive capacity in the economy and bring income to the government.


Expenditures in the nature of consumption such as Defence, interest payments, expenditure on law and order, public administration, do not create any productive asset which can bring income or returns to the government are non-development expenditure

To play more unlimited Quizzes download the Saarthi App

Download Link : https://cutt.ly/Saarthiwebsite



Question5) Indian Financial System consist of commercial banks and various other financial institutions. Financial institutions includ Development Banks like Icici, Idbi, Ifci etc. , Lending is the most important function of financial institutes. For such lending they don't create deposits. They are assisted by Central Government or RBI for the same. They provide long and midium term loans but however Commercial Banks provide short term loans max upto 7 years. DEVELOPMENT BANKS/FINANCIALINSTITUTIONS to a large extent participate in underwriting and direct investments in shares. Financial Institutions/Development Banks usally do not perticipate in the deposit market like com. Banks.

Option- ['True', 'False']

Answer: True

Explaination: Indian Financial System consist of commercial banks and various other financial institutions. Financial institutions includ Development Banks like Icici, Idbi, Ifci etc. , Lending is the most important function of financial institutes. For such lending they don't create deposits. They are assisted by Central Government or RBI for the same. They provide long and midium term loans but however Commercial Banks provide short term loans max upto 7 years. DEVELOPMENT BANKS/FINANCIALINSTITUTIONS to a large extent participate in underwriting and direct investments in shares. Financial Institutions/Development Banks usally do not perticipate in the deposit market like com. Banks.

To play more unlimited Quizzes download the Saarthi App

Download Link : https://cutt.ly/Saarthiwebsite



Question6) ICICI is the both financial institution as well as bank because of, the firm which is deals with the procurement of money in the form of saving and giving the loans to public is called the bank.


And financial institution deals with not only a procurement of money and giving loans and also other financial operations like.


Investing instead of public, discounting bills, issuing commercial papers, and other functions.


Option- ['True', 'False']

Answer: True

Explaination: ICICI is the both financial institution as well as bank because of, the firm which is deals with the procurement of money in the form of saving and giving the loans to public is called the bank.


And financial institution deals with not only a procurement of money and giving loans and also other financial operations like.


Investing instead of public, discounting bills, issuing commercial papers, and other functions.


To play more unlimited Quizzes download the Saarthi App

Download Link : https://cutt.ly/Saarthiwebsite



Question7) Explaination-All expenditures that promote economic growth and development are termed as development expenditure. Expenditure on infrastructure development, public enterprises or development of agriculture increase productive capacity in the economy and bring income to the government.


Expenditures in the nature of consumption such as Defence, interest payments, expenditure on law and order, public administration, do not create any productive asset which can bring income or returns to the government are non-development expenditure

Option- ['True', 'False']

Answer: True

Explaination: Explaination-All expenditures that promote economic growth and development are termed as development expenditure. Expenditure on infrastructure development, public enterprises or development of agriculture increase productive capacity in the economy and bring income to the government.


Expenditures in the nature of consumption such as Defence, interest payments, expenditure on law and order, public administration, do not create any productive asset which can bring income or returns to the government are non-development expenditure

To play more unlimited Quizzes download the Saarthi App

Download Link : https://cutt.ly/Saarthiwebsite



Question8) Indian Financial System consist of commercial banks and various other financial institutions. Financial institutions includ Development Banks like Icici, Idbi, Ifci etc. , Lending is the most important function of financial institutes. For such lending they don't create deposits. They are assisted by Central Government or RBI for the same. They provide long and midium term loans but however Commercial Banks provide short term loans max upto 7 years. DEVELOPMENT BANKS/FINANCIALINSTITUTIONS to a large extent participate in underwriting and direct investments in shares. Financial Institutions/Development Banks usally do not perticipate in the deposit market like com. Banks.

Option- ['True', 'False']

Answer: True

Explaination: Indian Financial System consist of commercial banks and various other financial institutions. Financial institutions includ Development Banks like Icici, Idbi, Ifci etc. , Lending is the most important function of financial institutes. For such lending they don't create deposits. They are assisted by Central Government or RBI for the same. They provide long and midium term loans but however Commercial Banks provide short term loans max upto 7 years. DEVELOPMENT BANKS/FINANCIALINSTITUTIONS to a large extent participate in underwriting and direct investments in shares. Financial Institutions/Development Banks usally do not perticipate in the deposit market like com. Banks.

To play more unlimited Quizzes download the Saarthi App

Download Link : https://cutt.ly/Saarthiwebsite



Question9) Explaination-All expenditures that promote economic growth and development are termed as development expenditure. Expenditure on infrastructure development, public enterprises or development of agriculture increase productive capacity in the economy and bring income to the government.


Expenditures in the nature of consumption such as Defence, interest payments, expenditure on law and order, public administration, do not create any productive asset which can bring income or returns to the government are non-development expenditure

Option- ['True', 'False']

Answer: True

Explaination: Explaination-All expenditures that promote economic growth and development are termed as development expenditure. Expenditure on infrastructure development, public enterprises or development of agriculture increase productive capacity in the economy and bring income to the government.


Expenditures in the nature of consumption such as Defence, interest payments, expenditure on law and order, public administration, do not create any productive asset which can bring income or returns to the government are non-development expenditure

To play more unlimited Quizzes download the Saarthi App

Download Link : https://cutt.ly/Saarthiwebsite



Question10) Indian Financial System consist of commercial banks and various other financial institutions. Financial institutions includ Development Banks like Icici, Idbi, Ifci etc. , Lending is the most important function of financial institutes. For such lending they don't create deposits. They are assisted by Central Government or RBI for the same. They provide long and midium term loans but however Commercial Banks provide short term loans max upto 7 years. DEVELOPMENT BANKS/FINANCIALINSTITUTIONS to a large extent participate in underwriting and direct investments in shares. Financial Institutions/Development Banks usally do not perticipate in the deposit market like com. Banks.

Option- ['True', 'False']

Answer: True

Explaination: Indian Financial System consist of commercial banks and various other financial institutions. Financial institutions includ Development Banks like Icici, Idbi, Ifci etc. , Lending is the most important function of financial institutes. For such lending they don't create deposits. They are assisted by Central Government or RBI for the same. They provide long and midium term loans but however Commercial Banks provide short term loans max upto 7 years. DEVELOPMENT BANKS/FINANCIALINSTITUTIONS to a large extent participate in underwriting and direct investments in shares. Financial Institutions/Development Banks usally do not perticipate in the deposit market like com. Banks.

To play more unlimited Quizzes download the Saarthi App

Download Link : https://cutt.ly/Saarthiwebsite