More Questions on Indian Economy
- Q. Depreciation means
A)closure of a plant due to labour trouble
B)loss of equipment over time due to wear and tear
C)closure of a plant due to lock out
D)destruction of a plant in a fire accident
Answer: loss of equipment over time due to wear and tear
- Q. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
A)1986
B)1987
C)1984
D)1989
Answer: 1987
- Q. Paper currency first started in India in
A)1542
B)1861
C)1601
D)1880
Answer: 1861
- Q. The first multi–purpose river valley project of independent India is:
A)Damodar
B)Bhakra-Nangal
C)Hirakud
D)Nagarjunasagar
Answer: Damodar
- Q. Which of the following is the most appropriate cause of export surplus?
A)Country's stringent import policy
B)Developments in national and international markets
C)Country's exports promotion value
D)None of the above
Answer: Developments in national and international markets
- Q. The first national commission on labours was constituted on:
A)December 24, 1967
B)November 24, 1966
C)December 24, 1966.
D)November 24, 1967
Answer: December 24, 1966.
- 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. The Ministry and programme Implementation – as an independent Ministry came into existence on :
A)January 15, 1998
B)September 15, 1999
C)October 15, 1999
D)June 15, 1999
Answer: October 15, 1999
- Q. Navaratna Status is concerned with:
A)Private Sector Companies
B)Public Sector Companies
C)Both A and B
D)None of the above
Answer: Public Sector Companies
- 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. Devaluation of a currency means
A)reduction in external value/exchange value of currency by the government
B)reduction in currency value due to wear and tear
C)fall in exchange value of a country by market forces
D)all of the above
Answer: reduction in external value/exchange value of currency by the government
- Q. Devaluation of currency will be more beneficial if
A)prices of exports remain constant
B)prices of domestic goods remain constant
C)prices of imports remains constant
D)prices of exports rise proportionately
Answer: prices of exports remain constant
- Q. Rice, Millet (Jawar-Bajra ), Maize and cotton is the group which belongs to:
A)Kharif crop
B)Both A and B
C)Rabi crop
D)None of the above
Answer: Kharif crop
- Q. The first fully Indian Bank is:
A)Central Bank of India
B)Punjab National Bank
C)Canara Bank
D)State Bank of India
Answer: Punjab National Bank
- Q. The first wholly Indian Bank was set up in
A)1894
B)1794
C)1896
D)1902
Answer: 1894
- Q. The first Apparel Park in India has been established in:
A)Tirupur (Tamil Nadu)
B)Both A and B
C)Punalur (Kerala)
D)None of the above
Answer: Tirupur (Tamil Nadu)
- Q. Reserve Bank of India was nationalized in the year
A)1945
B)1949
C)1935
D)1969
Answer: 1949
- Q. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
A)Services sector
B)Chemicals other than fertilizers
C)Food processing
D)Telecommunication
Answer: Telecommunication
- 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 50 notes
C)Rs 100 notes
D)Rs 10 notes
Answer: Rs 10 notes
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