More Questions on Indian Economy
- Q. Indian state with highest road length is:
A)Uttar Pradesh
B)Maharashtra
C)Rajasthan
D)Andhra Pradesh
Answer: Maharashtra
- 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. Finance Commission is constituted after every:
A)5 years
B)3 years
C)6 years
D)4 years
Answer: 5 years
- 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. Asia’s first Export processing Zone (EPZ) was established in:
A)Cochin
B)Kandla
C)Surat
D)Chennai
Answer: Kandla
- Q. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
A)Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
B)Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
C)Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
D)Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
Answer: Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
- Q. Indian state with highest road length is:
A)Uttar Pradesh
B)Rajasthan
C)Maharashtra
D)Andhra Pradesh
Answer: Maharashtra
- Q. The central co-operative banks are in direct touch with
A)state co-operative banks
B)land development banks
C)farmers
D)central government
Answer: state co-operative banks
- Q. Where was first gold refinery established?
A)Shirpur (Maharashtra)
B)Bangalore (Karnataka)
C)Ahmedabad (Gujarat)
D)Mumbai (Maharashtra)
Answer: Shirpur (Maharashtra)
- Q. Open market operation is a part of:
A)Debit Policy
B)Deposit Policy
C)Credit Policy
D)None of these
Answer: Credit Policy
- Q. Deficit financing leads to inflation in general, but it can be checked if
A)only aggregate demand is increased
B)all the expenditure is denoted national debt payment only
C)government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
D)All of the above
Answer: All of the above
- Q. Debenture holders of a company are its
A)creditors
B)debtors
C)shareholders
D)directors
Answer: creditors
- Q. Non Tax revenues can be increased by improving the working of the
A)electricity boards
B)State Road Transport Corporations
C)commercial irrigation projects
D)All of the above
Answer: commercial irrigation projects
- Q. Redistribution polices geared to reduce economic inequalities include
A)land reforms
B)rural development policies
C)progressive tax policies
D)All the above
Answer: All the above
- Q. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
A)China
B)Taiwan
C)South Korea
D)Japan
Answer: Japan
- Q. Gilt-edged market means
A)market of government securities
B)market of guns
C)bullion market
D)market of pure metals
Answer: market of government securities
- Q. In the world in terms of Railway Network system India ranks:
A)first
B)second
C)fourth
D)third
Answer: fourth
- Q. The annual yield from which of the following Union Government taxes is the highest?
A)Corporation tax and income tax
B)Custom duties
C)Inheritance tax, wealth tax, interest tax and gift tax
D)Excise duties
Answer: Excise duties
- Q. Which state of India ranks first in milk production as per the data of the year 2009-10?
A)Jharkhand
B)Bihar
C)Uttar Pradesh
D)West Bengal
Answer: Uttar Pradesh
- 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
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