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)Gems and Jewellery.
C)Petroleum products
D)Rice
Answer: Gems and Jewellery.
- Q. Inflation is measured in India on the basis of which ‘Index’?
A)Consumer Price Index for urban workers
B)Wholesale Price Index
C)Consumer Price Index for agricultural workers
D)National income deflation
Answer: Wholesale Price Index
- Q. The Ministry and programme Implementation – as an independent Ministry came into existence on :
A)January 15, 1998
B)September 15, 1999
C)October 15, 1999
D)June 15, 1999
Answer: October 15, 1999
- Q. The total number of national highways in the country is:
A)528
B)328
C)228
D)499
Answer: E
- 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. In India the term Black Revolution is associated with:
A)Nurturing the Black Soil
B)Self-dependence in the production of coal
C)Self-dependence in the production of petroleum crude oil
D)Self-dependence in the production of balck corp
Answer: Self-dependence in the production of petroleum crude oil
- Q. Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are
A)grant-in-aids
B)loans
C)tax sharing
D)All the above
Answer: All the above
- Q. Redistribution polices geared to reduce economic inequalities include
A)land reforms
B)progressive tax policies
C)rural development policies
D)All the above
Answer: All the above
- Q. National Income estimates in India is prepared by:
A)Reserve Bank Of India
B)Central Statistical Organisation (CSO)
C)Planning Commission
D)Indian Statistical Institute
Answer: Central Statistical Organisation (CSO)
- 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. 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. When personal direct taxes are subtracted from personal income the obtained value is called:
A)National Income
B)Gross National Product (GNP)
C)Gross Domestic Product (GDP)
D)Personal Income
Answer: Gross National Product (GNP)
- Q. In Global Hunger Index (GHI) India has been ranked at:
A)102nd place among 117 developing countries
B)105th place among 117 developing countries
C)96th place among 119 developing countries
D)109th place among 117 developing countries
Answer: 102nd place among 117 developing countries
- Q. The national food for work programme was launched in:
A)April 2003
B)May 2002
C)November 2004
D)April 2000
Answer: November 2004
- Q. India changed over to the decimal system of coinage in
A)April 1957
B)April 1995
C)April 1958
D)April 1959
Answer: April 1957
- 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. If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
A)Rs 500
B)Rs 1000
C)Rs 400
D)Rs 300
Answer: Rs 300
- Q. The Money Order system in India was introduced in the year :
A)1880
B)1999
C)1882
D)1904
Answer: 1880
- Q. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation
A)I
B)I, II
C)I, II, III
D)II, III, IV
Answer: I, II, III
- Q. In coal production, India ranks in the world:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
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