1. The central banking functions in India are performed by the
I. Central Bank of India
II. Reserve Bank of India
III. State Bank of India
IV. Punjab National Bank
A. I, II
B. II
C. I
D. II, III
2. Development expenditure of the Central government does not include
A. defense expenditure
B. expenditure on economic services
C. expenditure on social and community services
D. grant to states
3. ICICI is the name of a
A. chemical industry
B. Bureau
C. corporation
D. financial institution
4. Gilt-edged market means
A. bullion market
B. market of government securities
C. market of guns
D. market of pure metals
5. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
A. Chemicals other than fertilizers
B. Services sector
C. Food processing
D. Telecommunication
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