More Questions on Indian Economy
- Q. The first wholly Indian Bank was set up in
A)1894
B)1794
C)1896
D)1902
Answer: 1894
- 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. Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
A)500 rupee
B)1000 rupee
C)100 rupee
D)All of the above
Answer: All of the above
- 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. 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. Rice, Millet (Jawar-Bajra ), Maize and cotton is the group which belongs to:
A)Kharif crop
B)Both A and B
C)Rabi crop
D)None of the above
Answer: Kharif crop
- 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. Who gave the call for Evergreen Revolution?
A)Verghese Kurien
B)M. S. Swaminathan
C)Tribhuvandas Patel
D)H. M. Dalaya
Answer: M. S. Swaminathan
- Q. The first Apparel Park in India has been established in:
A)Tirupur (Tamil Nadu)
B)Both A and B
C)Punalur (Kerala)
D)None of the above
Answer: Tirupur (Tamil Nadu)
- Q. Deficit financing implies
A)replacing new currency with worn out currency
B)public expenditure in excess of public revenue
C)printing new currency notes
D)public revenue in excess of public expenditure
Answer: public expenditure in excess of public revenue
- 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. What was the central theme of the Chipko Movement started by Sunderlal Bahuguna in 1973?
A)Conservation of river water
B)Conservation of Forests
C)Protection of birds
D)Protection of cheetals
Answer: Conservation of Forests
- Q. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
A)China
B)South Korea
C)Taiwan
D)Japan
Answer: Japan
- Q. The largest producer of Coffee in the country is:
A)Tamil Nadu
B)Andhra Pradesh
C)Kerala
D)Karnataka
Answer: Karnataka
- Q. National Income estimates in India is prepared by:
A)Reserve Bank Of India
B)Central Statistical Organisation (CSO)
C)Planning Commission
D)Indian Statistical Institute
Answer: Central Statistical Organisation (CSO)
- Q. What is the objective of ‘Sangam Yojna 1996’?
A)To make Ganga water pollution free
B)To increase the welfare of the disabled
C)To make Sangam region of Allahabad more attractive for tourists
D)To unite, various groups of Hindus
Answer: To increase the welfare of the disabled
- Q. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
A)decrease it
B)increase it
C)no impact
D)None of the above
Answer: increase it
- Q. The annual yield from which of the following Union Government taxes is the highest?
A)Corporation tax and income tax
B)Custom duties
C)Inheritance tax, wealth tax, interest tax and gift tax
D)Excise duties
Answer: Excise duties
- Q. Reserve Bank of India was nationalized in the year
A)1945
B)1935
C)1949
D)1969
Answer: 1949
- Q. The first multi–purpose river valley project of independent India is:
A)Damodar
B)Hirakud
C)Bhakra-Nangal
D)Nagarjunasagar
Answer: Damodar
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