More Questions on Indian Economy
- Q. In India, which one among the following formulates the fiscal policy?
A)Ministry of Finance
B)Planning Commission
C)Finance Commission
D)The Reserve Bank of India
Answer: Ministry of Finance
- Q. Deficit financing means that the government borrows money from the
A)local bodies
B)RBI
C)big businessmen
D)IMF
Answer: RBI
- Q. The first national commission on labours was constituted on:
A)December 24, 1967
B)December 24, 1966.
C)November 24, 1966
D)November 24, 1967
Answer: December 24, 1966.
- Q. Rice, Millet (Jawar-Bajra ), Maize and cotton is the group which belongs to:
A)Kharif crop
B)Both A and B
C)Rabi crop
D)None of the above
Answer: Kharif crop
- Q. Navaratna Status is concerned with:
A)Private Sector Companies
B)Public Sector Companies
C)Both A and B
D)None of the above
Answer: Public Sector Companies
- 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. In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines
A)to reduce the freedom given to banks to rationalize their existing branch network
B)to govern entry of new private sector banks to make the banking sector more competitive
C)to setup more foreign exchange banks
D)to lend more easily for industrial development
Answer: to govern entry of new private sector banks to make the banking sector more competitive
- Q. National Rural Health mission was launched in:
A)August 2005
B)April 2005
C)October 2005
D)July 2005
Answer: April 2005
- Q. India’s share in textiles trade of the world is:
A)6%
B)8%
C)4%
D)10%
Answer: 6%
- 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. 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. The first multi–purpose river valley project of independent India is:
A)Damodar
B)Hirakud
C)Bhakra-Nangal
D)Nagarjunasagar
Answer: Damodar
- Q. What is the objective of ‘Sangam Yojna 1996’?
A)To make Ganga water pollution free
B)To make Sangam region of Allahabad more attractive for tourists
C)To increase the welfare of the disabled
D)To unite, various groups of Hindus
Answer: To increase the welfare of the disabled
- 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. 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. In coal production, India ranks in the world:
A)First
B)Third
C)Second
D)Fourth
Answer: Second
- Q. Of the gross tax revenue of the Union Government the indirect taxes account for nearly
A)75 percent
B)70 per cent
C)65 percent
D)60 percent
Answer: 65 percent
- 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. In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this? I=A large number of farmers are illiterate and know little about scientific agricultureII=Prices of primary products are lower than those of manufactured products III=Investment in agriculture has been low when compared to investment in industry
A)I, II
B)I, II, III
C)I, III
D)II, III
Answer: I, II, III
- 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
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