More Questions on Indian Economy
- Q. Unit Trust of India (UTI) was established in:
A)1904
B)1968
C)1964
D)1970
Answer: 1964
- Q. As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by:
A)8.0% in 2011-12
B)8.2% in 2011-12
C)8.5% in 2011-12
D)7.8% in 2011-12
Answer: 8.0% in 2011-12
- Q. National Income estimates in India is prepared by:
A)Reserve Bank Of India
B)Planning Commission
C)Central Statistical Organisation (CSO)
D)Indian Statistical Institute
Answer: Central Statistical Organisation (CSO)
- Q. In India, inflation measured by the
A)Consumers Price Index for urban non-manual workers
B)Wholesale Price Index number
C)Consumers Price Index for agricultural workers
D)National Income Deflation
Answer: Wholesale Price Index number
- 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. 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. 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. The annual yield from which of the following Union Government taxes is the highest?
A)Corporation tax and income tax
B)Inheritance tax, wealth tax, interest tax and gift tax
C)Custom duties
D)Excise duties
Answer: Excise duties
- Q. The ARDC is now a branch of the
A)NABARD
B)RBI
C)IDBI
D)SDBI
Answer: NABARD
- Q. Monopolies and restrictive Trade practices (MRTP) act was passed in:
A)1969
B)1971
C)1970
D)1968
Answer: 1969
- 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 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)Reliance Energy
C)GAIL
D)ONGC
Answer: Essar Oil
- Q. Non Tax revenues can be increased by improving the working of the
A)electricity boards
B)commercial irrigation projects
C)State Road Transport Corporations
D)All of the above
Answer: commercial irrigation projects
- Q. SEBI which was established in April 1988 stands for:
A)Securities and Exchange Board of India
B)Securities and Exchange Bureau of India
C)Share and Exchange Board of India
D)Security and Economic Board of India
Answer: Securities and Exchange Board of India
- Q. As per the 2009-10, data the commodity with highest share in total export value was:
A)Engineering goods
B)Petroleum products
C)Gems and Jewellery.
D)Rice
Answer: Gems and Jewellery.
- Q. What was the central theme of the Chipko Movement started by Sunderlal Bahuguna in 1973?
A)Conservation of river water
B)Conservation of Forests
C)Protection of birds
D)Protection of cheetals
Answer: Conservation of Forests
- Q. Who gave the call for Evergreen Revolution?
A)Verghese Kurien
B)Tribhuvandas Patel
C)M. S. Swaminathan
D)H. M. Dalaya
Answer: M. S. Swaminathan
- 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. Which company has started a rural marketing network called e-Chaupals?
A)Dabur
B)ITC
C)Procor and Gamble
D)Hindustan liver
Answer: ITC
- Q. National expenditure includes
A)investment expenditure
B)government expenditure
C)consumption expenditure
D)All of the above
Answer: All of the above
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