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

Correct Answer

Gems and Jewellery.

More Questions on Indian Economy

  • Q. In the World, in the production of cotton, India ranks:
    A)First
    B)Second
    C)Third
    D)Fourth
    Answer: Second
  • Q. In the second nationalization of commercial banks, ___ banks were nationalized.
    A)5
    B)4
    C)6
    D)8
    Answer: 6
  • Q. Which of the following is the most appropriate cause of export surplus?
    A)Country's stringent import policy
    B)Developments in national and international markets
    C)Country's exports promotion value
    D)None of the above
    Answer: Developments in national and international markets
  • Q. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
    A)decrease it
    B)no impact
    C)increase it
    D)None of the above
    Answer: increase it
  • Q. The number of finance commissions set up upto now is:
    A)14
    B)15
    C)13
    D)16
    Answer: 15
  • Q. The Indian state which was the first to release state level Human Development Report in 1995 was:
    A)Maharashtra
    B)Madhya Pradesh
    C)Kerala
    D)Tamil Nadu
    Answer: Madhya Pradesh
  • 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. Which of the following items would not appear in a company’s balance sheet?
    A)Total issued capital
    B)Revenue from sales of the company's products
    C)Value of stocks of raw materials held
    D)Cash held at the bank
    Answer: Revenue from sales of the company's products
  • 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. The co-operative credit societies have a
    A)three-tier structure
    B)two-tier structure
    C)four-tier structure
    D)five-tier structure
    Answer: three-tier structure
  • 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. The first multi–purpose river valley project of independent India is:
    A)Damodar
    B)Hirakud
    C)Bhakra-Nangal
    D)Nagarjunasagar
    Answer: Damodar
  • Q. Where was first gold refinery established?
    A)Shirpur (Maharashtra)
    B)Bangalore (Karnataka)
    C)Ahmedabad (Gujarat)
    D)Mumbai (Maharashtra)
    Answer: Shirpur (Maharashtra)
  • Q. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
    A)20 to 25 percent
    B)15 to 20 percent
    C)25 to 30 percent
    D)30 to 35 percent
    Answer: 20 to 25 percent
  • Q. In India, the first bank of limited liability managed by Indians and founded in 1881 was
    A)Oudh Commercial Bank
    B)Hindustan Commercial Bank
    C)Punjab National Bank
    D)Punjab and Sind Bank
    Answer: Oudh Commercial Bank
  • Q. In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines
    A)to reduce the freedom given to banks to rationalize their existing branch network
    B)to govern entry of new private sector banks to make the banking sector more competitive
    C)to setup more foreign exchange banks
    D)to lend more easily for industrial development
    Answer: to govern entry of new private sector banks to make the banking sector more competitive
  • Q. Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections
    A)II, III
    B)I, II, III
    C)I, III
    D)I, II
    Answer: I, II
  • Q. Project ‘Sankalp’ is associated with the elimination of:
    A)AIDS/HIV
    B)Both A and B
    C)Polio
    D)None of the above
    Answer: AIDS/HIV
  • Q. The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is:
    A)Cordial Area Development
    B)Copper Area Development
    C)Command Area Development (CAD)
    D)Cop Authority Development
    Answer: Command Area Development (CAD)
  • Q. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
    A)20 to 25 percent
    B)25 to 30 percent
    C)15 to 20 percent
    D)30 to 35 percent
    Answer: 20 to 25 percent

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