More Questions on Indian Economy
- Q. Which of the following is not an undertaking under the administrative control of Ministry of Railways?
A)Konkan Railway Corporation Limited
B)Container Corporation of India Limited
C)Indian Railways Construction Company Limited
D)Diesel Locomotive Works, Varanasi
Answer: Indian Railways Construction Company Limited
- 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. 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. 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. Debenture holders of a company are its
A)creditors
B)shareholders
C)debtors
D)directors
Answer: creditors
- Q. The main rubber producing state in the country is:
A)Tamil Nadu
B)Karnataka
C)Kerala
D)Hyderabad
Answer: Kerala
- Q. Indian state with highest road length is:
A)Uttar Pradesh
B)Rajasthan
C)Maharashtra
D)Andhra Pradesh
Answer: Maharashtra
- 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 Board of Industrial and Financial Reconstruction (BIFR) came into existence in
A)1986
B)1987
C)1984
D)1989
Answer: 1987
- 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
- Q. Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
A)500 rupee
B)100 rupee
C)1000 rupee
D)All of the above
Answer: All of the above
- Q. India’s share in textiles trade of the world is:
A)6%
B)4%
C)8%
D)10%
Answer: 6%
- Q. Laadli Laxmi Yojana has been launched for supporting girls of all religions and caste up to their marriage by:
A)Madhya Pradesh government
B)Uttar Pradesh government
C)Haryana
D)none of the above
Answer: Madhya Pradesh government
- 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 400
C)Rs 1000
D)Rs 300
Answer: Rs 300
- Q. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
A)will increase
B)will neither increase nor decrease
C)will decrease
D)None of the above
Answer: will neither increase nor decrease
- Q. Development expenditure of the Central government does not include
A)expenditure on economic services
B)expenditure on social and community services
C)defence expenditure
D)grant to states
Answer: defence expenditure
- 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. On which one of the following is the benefits received principle of taxation to achieve optimality bases?
A)Total benefit received
B)Average benefit received
C)Marginal benefit received
D)Ability to pay for the benefit
Answer: Ability to pay for the benefit
- Q. Which of the following is not viewed as a national debt?
A)Life Insurance Policies
B)National Saving Certificate
C)Provident Fund
D)Long-term Government Bonds
Answer: National Saving Certificate
- Q. Gross domestic capital formation is defined as
A)expenditure incurred on physical assets only
B)flow of expenditure devoted to increased or maintaining of the capital stock
C)production exceeding demand
D)net addition to stock after depreciation
Answer: net addition to stock after depreciation
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