The 'Export-Import Bank of India' was established in which year? MCQ with Answer and Explanation

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The 'Export-Import Bank of India' was established in which year?

A. 1982

B. 1995

C. 1980

D. 1990

Answer: Option A

Solution (By JKSSB Mock Tests)

EXIM Bank was established in 1982.

This question belongs to: Economy GK Economy Set 1

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Question #1

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Which of the following is NOT a component of the Human Development Report published by UNDP?

A. Gender Inequality Index

B. Wholesale Price Index of India

C. Multidimensional Poverty Index

D. Human Development Index

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Correct Answer: Option B

Explanation:
The Wholesale Price Index is an Indian domestic price index. The Human Development Report includes HDI, GII, MPI and other development-related indices.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Pradhan Mantri Shram Yogi Maandhan' provides pension to:

A. all citizens

B. only government employees

C. only farmers

D. unorganized sector workers in the age group of 18 to 40 years

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Correct Answer: Option D

Explanation:
PM-SYM provides monthly pension to unorganized workers aged 18-40.

This question belongs to: Economy GK Economy Set 1

Question #3

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M0 in India is also known as:

A. narrow money

B. reserve money

C. broad money

D. high-powered money plus time deposits

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Correct Answer: Option B

Explanation:
M0 is reserve money or high-powered money, comprising currency in circulation plus bankers' deposits with RBI and other deposits.

This question belongs to: Economy GK Economy Set 1

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