More Questions on Indian Economy
- Q. Project ‘Sankalp’ is associated with the elimination of:
A)AIDS/HIV
B)Polio
C)Both A and B
D)None of the above
Answer: AIDS/HIV
- Q. Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are
A)grant-in-aids
B)loans
C)tax sharing
D)All the above
Answer: All the above
- Q. The largest producer of Coffee in the country is:
A)Tamil Nadu
B)Andhra Pradesh
C)Kerala
D)Karnataka
Answer: Karnataka
- Q. Deficit financing means that the government borrows money from the
A)local bodies
B)RBI
C)big businessmen
D)IMF
Answer: RBI
- Q. The chairman of 13th finance Commission was:
A)K C Neogy
B)Nand Kishore Singh
C)Vijay L. Kelkar.
D)Y V Reddy
Answer: Vijay L. Kelkar.
- Q. Government has merged Annapurna Scheme with:
A)Ujjwala
B)National Old Age Pension Scheme
C)IRDP
D)None of these
Answer: National Old Age Pension Scheme
- Q. How many banks were nationalized in 1969?
A)14
B)16
C)15
D)20
Answer: 14
- Q. Unit Trust of India (UTI) was established in:
A)1904
B)1964
C)1968
D)1970
Answer: 1964
- Q. Devaluation of currency will be more beneficial if
A)prices of exports remain constant
B)prices of domestic goods remain constant
C)prices of imports remains constant
D)prices of exports rise proportionately
Answer: prices of exports remain constant
- 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. With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:
A)the year 1999
B)the year 2005
C)the year 1998
D)the year 1990
Answer: the year 1999
- Q. The concept of zero-based budgeting was given by:
A)Peter drucker
B)Jagdish bhagwati
C)Peter A. Payer.
D)None of these
Answer: Peter A. Payer.
- Q. The co-operative credit societies have a
A)three-tier structure
B)four-tier structure
C)two-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)Provident Fund
C)National Saving Certificate
D)Long-term Government Bonds
Answer: National Saving Certificate
- Q. How many banks were nationalized in 1969?
A)14
B)15
C)16
D)20
Answer: 14
- Q. The association of the rupee with pound sterling as the intervention currency was broken in
A)1991
B)1992
C)1990
D)1993
Answer: 1992
- Q. Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are
A)grant-in-aids
B)tax sharing
C)loans
D)All the above
Answer: All the above
- Q. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
A)Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
B)Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
C)Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
D)Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
Answer: Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
- 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. The Ex-Officio Secretary of National Development Council is:
A)General Secretary of Lok Sabha
B)Secretary of Finance Ministry
C)Secretary of Planning Commission
D)Vice Chairman of Planning Commission
Answer: Secretary of Planning Commission
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