Daily GK Challenge

More practice: Indian Economy & Banking Awareness

5 more SSC CGL questions from the same chapter, with step-by-step solutions. Try each one, then reveal the answer.

1. Q1hard

   How many major commercial banks were nationalised in India in 1969?

   • A6
   • B8
   • C14
   • D20
   Show answer & solution

   Correct answer: (C) 14

   Fourteen major commercial banks were nationalised on 19 July 1969; another six were nationalised in 1980.

2. Q2medium

   The Goods and Services Tax (GST) came into effect in India on 1 July of which year?

   • A2014
   • B2015
   • C2016
   • D2017
   Show answer & solution

   Correct answer: (D) 2017

   GST, described as 'One Nation, One Tax', was rolled out across India on 1 July 2017.

3. Q3hard

   Who designed the symbol of the Indian Rupee (₹)?

   • ANandan Nilekani
   • BD. Udaya Kumar
   • CRaghuram Rajan
   • DBibek Debroy
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   Correct answer: (B) D. Udaya Kumar

   The Indian Rupee symbol (₹), adopted in 2010, was designed by D. Udaya Kumar.

4. Q4easy

   NITI Aayog, which replaced the Planning Commission, was established in which year?

   • A2012
   • B2013
   • C2014
   • D2015
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   Correct answer: (D) 2015

   NITI Aayog (National Institution for Transforming India) was established on 1 January 2015.

5. Q5medium

   The 'White Revolution' in India is associated with increased production of:

   • AMilk
   • BWheat
   • CFish
   • DEggs
   Show answer & solution

   Correct answer: (A) Milk

   The White Revolution, led by Verghese Kurien through Operation Flood, boosted milk production in India.