More Questions on Indian Economy
- 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. Government has merged Annapurna Scheme with:
A)Ujjwala
B)IRDP
C)National Old Age Pension Scheme
D)None of these
Answer: National Old Age Pension Scheme
- Q. In the world in terms of Railway Network system India ranks:
A)first
B)second
C)fourth
D)third
Answer: fourth
- 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)8.5% in 2011-12
C)8.2% in 2011-12
D)7.8% in 2011-12
Answer: 8.0% in 2011-12
- Q. If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
A)equal to government income
B)zero
C)larger than government income
D)negative
Answer: equal to government income
- 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. 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. Meera Seth committee was associated with:
A)sex discrimination at work place
B)the development of handloom industry.
C)female foeticide
D)banking sector
Answer: the development of handloom industry.
- 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. Reserve Bank of India was nationalized in the year
A)1945
B)1935
C)1949
D)1969
Answer: 1949
- 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. 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. Which of the following is not a part of machinery that settles industrial disputes?
A)Works Committee
B)Wage Court
C)Conciliation officers
D)Board of Conciliation
Answer: Wage Court
- Q. National expenditure includes
A)investment expenditure
B)government expenditure
C)consumption expenditure
D)All of the above
Answer: All of the above
- 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. In coal production, India ranks in the world:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- Q. The first multi–purpose river valley project of independent India is:
A)Damodar
B)Hirakud
C)Bhakra-Nangal
D)Nagarjunasagar
Answer: Damodar
- Q. States earn maximum revenue through
A)custom revenue
B)land revenue
C)commercial taxes
D)excise duties on intoxicants
Answer: commercial taxes
- Q. The first multi–purpose river valley project of independent India is:
A)Damodar
B)Bhakra-Nangal
C)Hirakud
D)Nagarjunasagar
Answer: Damodar
- Q. Where was first gold refinery established?
A)Shirpur (Maharashtra)
B)Ahmedabad (Gujarat)
C)Bangalore (Karnataka)
D)Mumbai (Maharashtra)
Answer: Shirpur (Maharashtra)
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