More Questions on Indian Economy
- Q. Whose name is associated with formulation of planning strategy in Second five Year plan?
A)Jawahar Lal Nehru
B)Mahatma Gandhi
C)Prasanta Chandra Mahalanobis
D)B.R. Shenoy
Answer: Prasanta Chandra Mahalanobis
- Q. Debenture holders of a company are its
A)creditors
B)debtors
C)shareholders
D)directors
Answer: creditors
- Q. Subsidies mean
A)payment made by business enterprises to factors of production
B)payment by government for purchase of goods and services
C)payment made by companies to shareholders
D)payment made by the government to business enterprises, without buying any goods and services
Answer: payment made by the government to business enterprises, without buying any goods and services
- Q. Devaluation of currency will be more beneficial if
A)prices of exports remain constant
B)prices of imports remains constant
C)prices of domestic goods remain constant
D)prices of exports rise proportionately
Answer: prices of exports remain constant
- Q. In the World, in the production of cotton, India ranks:
A)First
B)Third
C)Second
D)Fourth
Answer: Second
- Q. During which five Year plan was phase of heavy industrialization initiated?
A)First five year plan
B)Third five year plan
C)Second five year plan.
D)Fourth five year plan
Answer: Second five year plan.
- Q. Excise duty is a tax levied on the
A)export of goods
B)import of goods
C)production of goods
D)sale of goods
Answer: production of goods
- Q. States earn maximum revenue through
A)custom revenue
B)land revenue
C)commercial taxes
D)excise duties on intoxicants
Answer: commercial taxes
- 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. Reserve Bank of India was nationalized in the year
A)1945
B)1935
C)1949
D)1969
Answer: 1949
- Q. Meera Seth committee was associated with:
A)sex discrimination at work place
B)female foeticide
C)the development of handloom industry.
D)banking sector
Answer: the development of handloom industry.
- Q. The central co-operative banks are in direct touch with
A)state co-operative banks
B)farmers
C)land development banks
D)central government
Answer: state co-operative banks
- Q. In coal production, India ranks in the world:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- Q. The largest producer of Coffee in the country is:
A)Tamil Nadu
B)Andhra Pradesh
C)Kerala
D)Karnataka
Answer: Karnataka
- Q. Navaratna Status is concerned with:
A)Private Sector Companies
B)Both A and B
C)Public Sector Companies
D)None of the above
Answer: Public Sector Companies
- 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. Unit Trust of India (UTI) was established in:
A)1904
B)1968
C)1964
D)1970
Answer: 1964
- Q. The Indian state which was the first to release state level Human Development Report in 1995 was:
A)Maharashtra
B)Kerala
C)Madhya Pradesh
D)Tamil Nadu
Answer: Madhya Pradesh
- Q. In the second nationalization of commercial banks, ___ banks were nationalized.
A)5
B)6
C)4
D)8
Answer: 6
- Q. Which company has started a rural marketing network called e-Chaupals?
A)Dabur
B)ITC
C)Procor and Gamble
D)Hindustan liver
Answer: ITC
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