More Questions on Indian Economy
- Q. Short-term finance is usually for a period ranging up to
A)10 months
B)5 months
C)12 months
D)15 months
Answer: 12 months
- Q. Which of the following is the most appropriate cause of export surplus?
A)Country's stringent import policy
B)Country's exports promotion value
C)Developments in national and international markets
D)None of the above
Answer: Developments in national and international markets
- Q. Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?
A)NITI Ayog
B)RBI
C)The Comptroller General of Accounts
D)None of these
Answer: The Comptroller General of Accounts
- Q. The ARDC is now a branch of the
A)NABARD
B)IDBI
C)RBI
D)SDBI
Answer: NABARD
- Q. In India, the state which has the largest forest cover is:
A)Arunachal Pradesh
B)Chattisgarh
C)Madhya Pradesh
D)Odisha
Answer: Madhya Pradesh
- 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. In the second nationalization of commercial banks, ___ banks were nationalized.
A)5
B)6
C)4
D)8
Answer: 6
- 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. The number of finance commissions set up upto now is:
A)14
B)15
C)13
D)16
Answer: 15
- 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. Excise duty is a tax levied on the
A)export of goods
B)production of goods
C)import of goods
D)sale of goods
Answer: production of goods
- Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
A)Hindustan Commercial Bank
B)Oudh commercial Bank.
C)Punjab National Bank
D)Punjab and Sind Bank
Answer: Oudh commercial Bank.
- Q. Securities and Exchange Board of India (SEBI) was established on:
A)July 12, 1982
B)April 12, 1988
C)July 9, 1988
D)July 5, 1995
Answer: April 12, 1988
- Q. As per the targets of 11th Five year Plan (2007-12) Mortality Rate (2012) has been targeted at:
A)1 per 10000 births
B)1 per 1000 births
C)1 per 100 births
D)1 per 10 births
Answer: 1 per 1000 births
- Q. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
A)Services sector
B)Food processing
C)Chemicals other than fertilizers
D)Telecommunication
Answer: Telecommunication
- Q. In the world in terms of Railway Network system India ranks:
A)first
B)second
C)fourth
D)third
Answer: fourth
- Q. The first multi–purpose river valley project of independent India is:
A)Damodar
B)Bhakra-Nangal
C)Hirakud
D)Nagarjunasagar
Answer: Damodar
- Q. A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:
A)Statutory Liquidity Ratio (SLR)
B)Bank rate
C)Cash Reserve Ratio (CRR)
D)Mandatory deposit
Answer: Cash Reserve Ratio (CRR)
- Q. The central co-operative banks are in direct touch with
A)state co-operative banks
B)farmers
C)land development banks
D)central government
Answer: state co-operative banks
- Q. Excess of Total Expenditure over total Receipts is :
A)Surplus Budget
B)Deficit Budget
C)Balanced Budget
D)None of the above
Answer: Deficit Budget
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