More Questions on Indian Economy
- Q. Devaluation of currency leads to
A)increase in domestic prices
B)no impact on domestic prices
C)fall in domestic prices
D)erratic fluctuations in domestic prices
Answer: increase in domestic prices
- Q. The Indian state which was the first to release state level Human Development Report in 1995 was:
A)Maharashtra
B)Kerala
C)Madhya Pradesh
D)Tamil Nadu
Answer: Madhya Pradesh
- Q. What is the objective of ‘Sangam Yojna 1996’?
A)To make Ganga water pollution free
B)To increase the welfare of the disabled
C)To make Sangam region of Allahabad more attractive for tourists
D)To unite, various groups of Hindus
Answer: To increase the welfare of the disabled
- Q. The current price index (base 1960) is nearly 330. This means that
A)the prices of certain selected items have gone up to 3-3 times
B)weighted means of prices of certain item has increased 3-3 times
C)all items cost 3-3 times more than what they did in 1960
D)gold price has gone up 3-3 times
Answer: weighted means of prices of certain item has increased 3-3 times
- 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. The share of road transport in total transportation of the country is:
A)70%
B)60%
C)75%
D)80%
Answer: 80%
- Q. The largest producer of Coffee in the country is:
A)Tamil Nadu
B)Kerala
C)Andhra Pradesh
D)Karnataka
Answer: Karnataka
- 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. For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America?
A)Bank of Baroda
B)State Bank of India
C)Punjab National Bank
D)Central Bank of India
Answer: Punjab National Bank
- Q. In the second nationalization of commercial banks, ___ banks were nationalized.
A)5
B)6
C)4
D)8
Answer: 6
- Q. During which five Year plan was phase of heavy industrialization initiated?
A)First five year plan
B)Third five year plan
C)Second five year plan.
D)Fourth five year plan
Answer: Second five year plan.
- Q. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
A)1986
B)1984
C)1987
D)1989
Answer: 1987
- Q. Where was first gold refinery established?
A)Shirpur (Maharashtra)
B)Ahmedabad (Gujarat)
C)Bangalore (Karnataka)
D)Mumbai (Maharashtra)
Answer: Shirpur (Maharashtra)
- Q. Green Banking channel has been launched by:
A)State Bank of India
B)Reserve Bank of India
C)Punjab National Bank
D)Bank of Baroda
Answer: State Bank of India
- Q. The first fully Indian Bank is:
A)Central Bank of India
B)Punjab National Bank
C)Canara Bank
D)State Bank of India
Answer: Punjab National Bank
- Q. The Money Order system in India was introduced in the year :
A)1880
B)1999
C)1882
D)1904
Answer: 1880
- 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. The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called
A)Statutory Liquid Ratio (SLR)
B)Central Bank Reserve (CBR)
C)Statutory Bank Ratio (SBR)
D)Central Liquid Reserve (CLR)
Answer: Statutory Liquid Ratio (SLR)
- Q. In India the term Black Revolution is associated with:
A)Nurturing the Black Soil
B)Self-dependence in the production of petroleum crude oil
C)Self-dependence in the production of coal
D)Self-dependence in the production of balck corp
Answer: Self-dependence in the production of petroleum crude oil
- Q. In April 1980 how many banks were nationalized?
A)eight banks
B)six banks
C)five banks
D)nine banks
Answer: six banks
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