Q. Aam Admi Bima Yojana was launched on:

Correct Answer

October 2, 2007

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. 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. 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. The first wholly Indian Bank was set up in
    A)1894
    B)1794
    C)1896
    D)1902
    Answer: 1894
  • 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. Deficit financing means that the government borrows money from the
    A)local bodies
    B)big businessmen
    C)RBI
    D)IMF
    Answer: RBI
  • Q. Gross domestic capital formation is defined as
    A)expenditure incurred on physical assets only
    B)production exceeding demand
    C)flow of expenditure devoted to increased or maintaining of the capital stock
    D)net addition to stock after depreciation
    Answer: net addition to stock after depreciation
  • Q. Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to
    A)83 percent
    B)80 percent
    C)90 percent
    D)100 percent
    Answer: 100 percent
  • Q. Meera Seth committee was related to:
    A)sex discrimination at work place
    B)female foeticide
    C)Development of Handlooms
    D)Banking sector
    Answer: Development of Handlooms
  • Q. In India, inflation measured by the
    A)Consumers Price Index for urban non-manual workers
    B)Wholesale Price Index number
    C)Consumers Price Index for agricultural workers
    D)National Income Deflation
    Answer: Wholesale Price Index number
  • Q. The apex body for formulating plans and coordinating research work in agriculture and allied fields is
    A)Regional Rural Banks
    B)National Bank for Agriculture and Rural Development (NABARD)
    C)State Trading Corporation
    D)Indian Council of Agricultural Research
    Answer: Indian Council of Agricultural Research
  • Q. Deficit financing implies
    A)replacing new currency with worn out currency
    B)printing new currency notes
    C)public expenditure in excess of public revenue
    D)public revenue in excess of public expenditure
    Answer: public expenditure in excess of public revenue
  • Q. In the second nationalization of commercial banks, ___ banks were nationalized.
    A)5
    B)4
    C)6
    D)8
    Answer: 6
  • Q. Gilt-edged market means
    A)market of government securities
    B)market of guns
    C)bullion market
    D)market of pure metals
    Answer: market of government securities
  • Q. Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of:
    A)Raghuram G. Rajan
    B)Bimal Jalan
    C)K.V. Kamath
    D)None of these
    Answer: Raghuram G. Rajan
  • 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. National Income estimates in India is prepared by:
    A)Reserve Bank Of India
    B)Planning Commission
    C)Central Statistical Organisation (CSO)
    D)Indian Statistical Institute
    Answer: Central Statistical Organisation (CSO)
  • 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 coal production, India ranks in the world:
    A)First
    B)Second
    C)Third
    D)Fourth
    Answer: Second
  • Q. Revenue of the state governments are raised from the following sources, except
    A)expenditure tax
    B)entertainment tax
    C)agricultural income tax
    D)land revenue
    Answer: agricultural income tax

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