More Questions on Indian Economy
- Q. At present, the number of nationalized banks are:
A)17
B)19
C)15
D)12
Answer: 12
- 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. Which of the following is not a part of machinery that settles industrial disputes?
A)Works Committee
B)Conciliation officers
C)Wage Court
D)Board of Conciliation
Answer: Wage Court
- Q. The chairman of 13th finance Commission was:
A)K C Neogy
B)Vijay L. Kelkar.
C)Nand Kishore Singh
D)Y V Reddy
Answer: Vijay L. Kelkar.
- Q. Deficit financing leads to inflation in general, but it can be checked if
A)only aggregate demand is increased
B)government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
C)all the expenditure is denoted national debt payment only
D)All of the above
Answer: All of the above
- Q. Which of the following items would not appear in a company’s balance sheet?
A)Total issued capital
B)Revenue from sales of the company's products
C)Value of stocks of raw materials held
D)Cash held at the bank
Answer: Revenue from sales of the company's products
- Q. The budget deficit means
A)difference between revenue receipts and revenue expenditure
B)the excess of total expenditure, including loans, net of lending over revenue receipts
C)difference between all receipts and all the expenditure
D)fiscal deficit less interest payments
Answer: difference between all receipts and all the expenditure
- Q. Of the gross tax revenue of the Union Government the indirect taxes account for nearly
A)75 percent
B)65 percent
C)70 per cent
D)60 percent
Answer: 65 percent
- Q. In the World, in the production of cotton, India ranks:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- Q. Earn While you Learn scheme has been launched by:
A)Ministry of Youth
B)Both A and B
C)Ministry of Tourism
D)None of these
Answer: Ministry of Tourism
- Q. Unit Trust of India (UTI) was established in:
A)1904
B)1968
C)1964
D)1970
Answer: 1964
- Q. The Foreign Exchange Management Act(FEMA) was passed in:
A)the year 2005
B)the year 1999
C)the year 2000
D)the year 2002
Answer: the year 1999
- Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
A)1998
B)1997
C)1999
D)2000
Answer: 1999
- Q. In April 1980 how many banks were nationalized?
A)eight banks
B)six banks
C)five banks
D)nine banks
Answer: six banks
- Q. The Ministry and programme Implementation – as an independent Ministry came into existence on :
A)January 15, 1998
B)October 15, 1999
C)September 15, 1999
D)June 15, 1999
Answer: October 15, 1999
- Q. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
A)1986
B)2006
C)1982
D)1975
Answer: 1975
- 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
- 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. 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. Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:
A)the year 2000
B)the year 2003
C)the year 2005
D)the year 2001
Answer: the year 2003
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