The 'Regional Rural Banks' were established in India in which year? MCQ with Answer and Explanation

The 'Regional Rural Banks' were established in India in which year?
A. 1969
B. 1980
C. 1975
D. 1991
Answer: Option C
Solution (By JKSSB Mock Tests)
Regional Rural Banks were established in 1975.

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Practice More Economy Set 1 Questions

Question #1
The 'unemployment rate' in India measured by PLFS is the percentage of unemployed among:
A. employed persons
B. labour force
C. total population
D. working-age population

Correct Answer: Option B


Explanation:
Unemployment rate is unemployed as a percentage of the labour force.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'International Labour Organization' is headquartered in:
A. New York
B. Paris
C. Geneva
D. Rome

Correct Answer: Option C


Explanation:
The International Labour Organization is headquartered in Geneva.

This question belongs to: Economy GK Economy Set 1
Question #3
The quantity theory of money is expressed by which equation?
A. MC = MR
B. Y = C + I
C. MV = PT
D. S = I

Correct Answer: Option C


Explanation:
The quantity theory of money is expressed as MV = PT.

This question belongs to: Economy GK Economy Set 1