More Questions on Indian Economy
- Q. The number of finance commissions set up upto now is:
A)14
B)13
C)15
D)16
Answer: 15
- 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. Finance Commission is constituted after every:
A)5 years
B)6 years
C)3 years
D)4 years
Answer: 5 years
- Q. With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:
A)the year 1999
B)the year 2005
C)the year 1998
D)the year 1990
Answer: the year 1999
- Q. Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
A)500 rupee
B)1000 rupee
C)100 rupee
D)All of the above
Answer: All of the above
- Q. Which of the following is not viewed as a national debt?
A)Life Insurance Policies
B)Provident Fund
C)National Saving Certificate
D)Long-term Government Bonds
Answer: National Saving Certificate
- Q. National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
A)September 2003
B)October 2004
C)November 2004
D)January 2004
Answer: November 2004
- Q. Government has merged Annapurna Scheme with:
A)Ujjwala
B)National Old Age Pension Scheme
C)IRDP
D)None of these
Answer: National Old Age Pension Scheme
- Q. The share of road transport in total transportation of the country is:
A)70%
B)60%
C)75%
D)80%
Answer: 80%
- Q. Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections
A)II, III
B)I, III
C)I, II, III
D)I, II
Answer: I, II
- Q. Open market operation is a part of:
A)Debit Policy
B)Credit Policy
C)Deposit Policy
D)None of these
Answer: Credit Policy
- Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
A)1998
B)1999
C)1997
D)2000
Answer: 1999
- Q. Monopolies and restrictive Trade practices (MRTP) act was passed in:
A)1969
B)1970
C)1971
D)1968
Answer: 1969
- Q. Monopolies and restrictive Trade practices (MRTP) act was passed in:
A)1969
B)1971
C)1970
D)1968
Answer: 1969
- Q. Which of the following items would not appear in a company’s balance sheet?
A)Total issued capital
B)Value of stocks of raw materials held
C)Revenue from sales of the company's products
D)Cash held at the bank
Answer: Revenue from sales of the company's products
- Q. How many banks were nationalized in 1969?
A)14
B)15
C)16
D)20
Answer: 14
- Q. India’s share in textiles trade of the world is:
A)6%
B)8%
C)4%
D)10%
Answer: 6%
- Q. On which one of the following is the benefits received principle of taxation to achieve optimality bases?
A)Total benefit received
B)Marginal benefit received
C)Average benefit received
D)Ability to pay for the benefit
Answer: Ability to pay for the benefit
- Q. How many Regional Rural Bank (RRBs) are working in the country till 31st March,2010?
A)81
B)85
C)82
D)93
Answer: 82
- Q. The co-operative credit societies have a
A)three-tier structure
B)four-tier structure
C)two-tier structure
D)five-tier structure
Answer: three-tier structure
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