More Questions on Indian Economy
- Q. The association of the rupee with pound sterling as the intervention currency was broken in
A)1991
B)1990
C)1992
D)1993
Answer: 1992
- Q. Securities and Exchange Board of India (SEBI) was established on:
A)July 12, 1982
B)April 12, 1988
C)July 9, 1988
D)July 5, 1995
Answer: April 12, 1988
- Q. Gilt-edged market means
A)market of government securities
B)bullion market
C)market of guns
D)market of pure metals
Answer: market of government securities
- Q. The Mid Day Meal scheme was launched on
A)August 15, 1992
B)August 15, 1995
C)August 15, 2000
D)August 15, 2001
Answer: August 15, 1995
- Q. Resurgent India bonds were issued in US dollar, Pound Sterling and
A)Deutsche Mark
B)Euro
C)Japanese Yen
D)French Franc
Answer: Deutsche Mark
- Q. Ten rupee notes contain the signature of:
A)Chairman, SBI
B)Governor, RBI
C)Finance Secretary, GOI
D)Finance Minister , GOI
Answer: Governor, RBI
- Q. Reserve Bank of India will soon release plastic notes in circulation will be of :
A)Rs 20 notes
B)Rs 100 notes
C)Rs 50 notes
D)Rs 10 notes
Answer: Rs 10 notes
- Q. One of the reasons for India’s occupational structure remaining more or less the same over the years has been that
A)productivity in agriculture has been high enough to induce people to stay with agriculture
B)investment pattern has been directed towards capital intensive industries
C)ceiling on land holdings have enabled more people to own land and hence their preference to stay wit
D)people are largely unaware of the significance of transition from agriculture to industry for econom
Answer: investment pattern has been directed towards capital intensive industries
- Q. The condition of indirect taxes in the country’s revenue is approximately
A)75 percent
B)80 percent
C)70 percent
D)86 percent
Answer: 86 percent
- Q. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
A)Essar Oil
B)GAIL
C)Reliance Energy
D)ONGC
Answer: Essar Oil
- Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
A)Hindustan Commercial Bank
B)Punjab National Bank
C)Oudh commercial Bank.
D)Punjab and Sind Bank
Answer: Oudh commercial Bank.
- Q. Of the gross tax revenue of the Union Government the indirect taxes account for nearly
A)75 percent
B)65 percent
C)70 per cent
D)60 percent
Answer: 65 percent
- Q. The number of finance commissions set up upto now is:
A)14
B)13
C)15
D)16
Answer: 15
- Q. In April 1980 how many banks were nationalized?
A)eight banks
B)five banks
C)six banks
D)nine banks
Answer: six banks
- Q. Redistribution polices geared to reduce economic inequalities include
A)land reforms
B)rural development policies
C)progressive tax policies
D)All the above
Answer: All the above
- Q. Redistribution polices geared to reduce economic inequalities include
A)land reforms
B)progressive tax policies
C)rural development policies
D)All the above
Answer: All the above
- Q. The share of road transport in total transportation of the country is:
A)70%
B)60%
C)75%
D)80%
Answer: 80%
- Q. Aam Admi Bima Yojana was launched on:
A)March 5, 2009
B)November 14, 2011
C)March 10, 2008
D)October 2, 2007
Answer: October 2, 2007
- Q. In the second nationalization of commercial banks, ___ banks were nationalized.
A)5
B)6
C)4
D)8
Answer: 6
- Q. Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:
A)the year 2000
B)the year 2005
C)the year 2003
D)the year 2001
Answer: the year 2003
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