More Questions on Indian Economy
- Q. One rupee currency note in India bears the signature of-
A)Finance minister of India
B)Governor (RBI)
C)The president of India
D)Finance secretary of Government of India
Answer: Finance secretary of Government of India
- Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
A)1998
B)1999
C)1997
D)2000
Answer: 1999
- Q. Rice, Millet (Jawar-Bajra ), Maize and cotton is the group which belongs to:
A)Kharif crop
B)Rabi crop
C)Both A and B
D)None of the above
Answer: Kharif crop
- 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. The Money Order system in India was introduced in the year :
A)1880
B)1999
C)1882
D)1904
Answer: 1880
- Q. Which company has started a rural marketing network called e-Chaupals?
A)Dabur
B)Procor and Gamble
C)ITC
D)Hindustan liver
Answer: ITC
- 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. Laadli Laxmi Yojana has been launched for supporting girls of all religions and caste up to their marriage by:
A)Madhya Pradesh government
B)Haryana
C)Uttar Pradesh government
D)none of the above
Answer: Madhya Pradesh government
- Q. In the state of India, the State Financial Corporation have given assistance mainly to develop
A)cottage industry
B)agricultural farms
C)large-scale industries
D)medium and small-scale industries
Answer: medium and small-scale industries
- Q. Asia’s first Export processing Zone (EPZ) was established in:
A)Cochin
B)Kandla
C)Surat
D)Chennai
Answer: Kandla
- Q. In India, the state which has the largest forest cover is:
A)Arunachal Pradesh
B)Madhya Pradesh
C)Chattisgarh
D)Odisha
Answer: Madhya Pradesh
- Q. Who is the author of the book Man and Economics?
A)Robert Mundel
B)Myron Scholes
C)Rudi Dornbusch
D)George Akerlof
Answer: Robert Mundel
- 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)Statutory Bank Ratio (SBR)
C)Central Bank Reserve (CBR)
D)Central Liquid Reserve (CLR)
Answer: Statutory Liquid Ratio (SLR)
- 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. Monopolies and restrictive Trade practices (MRTP) act was passed in:
A)1969
B)1971
C)1970
D)1968
Answer: 1969
- Q. Subsidies mean
A)payment made by business enterprises to factors of production
B)payment made by companies to shareholders
C)payment by government for purchase of goods and services
D)payment made by the government to business enterprises, without buying any goods and services
Answer: payment made by the government to business enterprises, without buying any goods and services
- Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
A)Hindustan Commercial Bank
B)Punjab National Bank
C)Oudh commercial Bank.
D)Punjab and Sind Bank
Answer: Oudh commercial Bank.
- Q. Fiscal deficit in the Union Budget means
A)net increase in Union Governments borrowings from the Reserve Bank of India
B)the difference between current expenditure and current revenue
C)the sum of budgetary deficit and net increase in internal and external borrowings
D)the sum of monetized deficit and budgetary deficit
Answer: the sum of budgetary deficit and net increase in internal and external borrowings
- Q. The number of finance commissions set up upto now is:
A)14
B)13
C)15
D)16
Answer: 15
- Q. Resurgent India bonds were issued in US dollar, Pound Sterling and
A)Deutsche Mark
B)Japanese Yen
C)Euro
D)French Franc
Answer: Deutsche Mark
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