More Questions on Indian Economy
- Q. The Ex-Officio Secretary of National Development Council is:
A)General Secretary of Lok Sabha
B)Secretary of Planning Commission
C)Secretary of Finance Ministry
D)Vice Chairman of Planning Commission
Answer: Secretary of Planning Commission
- Q. The Foreign Exchange Management Act(FEMA) was passed in:
A)the year 2005
B)the year 1999
C)the year 2000
D)the year 2002
Answer: the year 1999
- 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 1000 births
C)1 per 100 births
D)1 per 10 births
Answer: 1 per 1000 births
- Q. Which of the following items would not appear in a company’s balance sheet?
A)Total issued capital
B)Value of stocks of raw materials held
C)Revenue from sales of the company's products
D)Cash held at the bank
Answer: Revenue from sales of the company's products
- Q. Of the gross tax revenue of the Union Government the indirect taxes account for nearly
A)75 percent
B)70 per cent
C)65 percent
D)60 percent
Answer: 65 percent
- 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
- Q. For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America?
A)Bank of Baroda
B)State Bank of India
C)Punjab National Bank
D)Central Bank of India
Answer: Punjab National Bank
- Q. Finance Commission is constituted after every:
A)5 years
B)3 years
C)6 years
D)4 years
Answer: 5 years
- Q. Navaratna Status is concerned with:
A)Private Sector Companies
B)Public Sector Companies
C)Both A and B
D)None of the above
Answer: Public Sector Companies
- Q. In India Yellow revolution is associated with:
A)production of oil seeds.
B)production of tea
C)production of flower
D)production of paddy
Answer: production of oil seeds.
- Q. Reserve Bank of India was nationalized in the year
A)1945
B)1949
C)1935
D)1969
Answer: 1949
- 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. Income tax in India was introduced by:
A)James Wilson
B)Nicholas Kaldor
C)William Jones
D)Mahavir Tyagi
Answer: James Wilson
- Q. Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of:
A)Raghuram G. Rajan
B)K.V. Kamath
C)Bimal Jalan
D)None of these
Answer: Raghuram G. Rajan
- Q. National expenditure includes
A)investment expenditure
B)government expenditure
C)consumption expenditure
D)All of the above
Answer: All of the above
- 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. National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
A)September 2003
B)October 2004
C)November 2004
D)January 2004
Answer: November 2004
- Q. Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
A)500 rupee
B)100 rupee
C)1000 rupee
D)All of the above
Answer: All of the above
- Q. Ten rupee notes contain the signature of:
A)Chairman, SBI
B)Governor, RBI
C)Finance Secretary, GOI
D)Finance Minister , GOI
Answer: Governor, RBI
- Q. At present, the number of nationalized banks are:
A)17
B)19
C)15
D)12
Answer: 12
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