More Questions on Indian Economy
- 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. The total number of national highways in the country is:
A)528
B)328
C)228
D)499
Answer: E
- 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, III
C)I, II, III
D)I, II
Answer: I, II
- Q. States earn maximum revenue through
A)custom revenue
B)commercial taxes
C)land revenue
D)excise duties on intoxicants
Answer: commercial taxes
- 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. Monopolies and restrictive Trade practices (MRTP) act was passed in:
A)1969
B)1971
C)1970
D)1968
Answer: 1969
- Q. Asia’s first Export processing Zone (EPZ) was established in:
A)Cochin
B)Surat
C)Kandla
D)Chennai
Answer: Kandla
- 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. 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 100 births
C)1 per 1000 births
D)1 per 10 births
Answer: 1 per 1000 births
- Q. The Ministry and programme Implementation – as an independent Ministry came into existence on :
A)January 15, 1998
B)September 15, 1999
C)October 15, 1999
D)June 15, 1999
Answer: October 15, 1999
- Q. Devaluation of currency leads to
A)increase in domestic prices
B)fall in domestic prices
C)no impact on domestic prices
D)erratic fluctuations in domestic prices
Answer: increase in domestic prices
- Q. In the second nationalization of commercial banks, ___ banks were nationalized.
A)5
B)4
C)6
D)8
Answer: 6
- Q. During which five Year plan was phase of heavy industrialization initiated?
A)First five year plan
B)Third five year plan
C)Second five year plan.
D)Fourth five year plan
Answer: Second five year plan.
- 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. Unit Trust of India (UTI) was established in:
A)1904
B)1968
C)1964
D)1970
Answer: 1964
- 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
- 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. 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. Devaluation of a currency means
A)reduction in external value/exchange value of currency by the government
B)reduction in currency value due to wear and tear
C)fall in exchange value of a country by market forces
D)all of the above
Answer: reduction in external value/exchange value of currency by the government
- Q. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
A)Essar Oil
B)GAIL
C)Reliance Energy
D)ONGC
Answer: Essar Oil
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