More Questions on Indian Economy
- Q. Gross domestic capital formation is defined as
A)expenditure incurred on physical assets only
B)flow of expenditure devoted to increased or maintaining of the capital stock
C)production exceeding demand
D)net addition to stock after depreciation
Answer: net addition to stock after depreciation
- Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
A)Hindustan Commercial Bank
B)Oudh commercial Bank.
C)Punjab National Bank
D)Punjab and Sind Bank
Answer: Oudh commercial Bank.
- Q. The apex body for formulating plans and coordinating research work in agriculture and allied fields is
A)Regional Rural Banks
B)State Trading Corporation
C)National Bank for Agriculture and Rural Development (NABARD)
D)Indian Council of Agricultural Research
Answer: Indian Council of Agricultural Research
- Q. Indian state with highest road length is:
A)Uttar Pradesh
B)Maharashtra
C)Rajasthan
D)Andhra Pradesh
Answer: Maharashtra
- 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. 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. Excess of Total Expenditure over total Receipts is :
A)Surplus Budget
B)Balanced Budget
C)Deficit Budget
D)None of the above
Answer: Deficit Budget
- Q. The Money Order system in India was introduced in the year :
A)1880
B)1999
C)1882
D)1904
Answer: 1880
- Q. Deficit financing means that the government borrows money from the
A)local bodies
B)RBI
C)big businessmen
D)IMF
Answer: RBI
- Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
A)1998
B)1999
C)1997
D)2000
Answer: 1999
- 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. India changed over to the decimal system of coinage in
A)April 1957
B)April 1958
C)April 1995
D)April 1959
Answer: April 1957
- Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
A)Hindustan Commercial Bank
B)Punjab National Bank
C)Oudh commercial Bank.
D)Punjab and Sind Bank
Answer: Oudh commercial Bank.
- Q. Whose name is associated with formulation of planning strategy in Second five Year plan?
A)Jawahar Lal Nehru
B)Prasanta Chandra Mahalanobis
C)Mahatma Gandhi
D)B.R. Shenoy
Answer: Prasanta Chandra Mahalanobis
- Q. Whose name is associated with formulation of planning strategy in Second five Year plan?
A)Jawahar Lal Nehru
B)Mahatma Gandhi
C)Prasanta Chandra Mahalanobis
D)B.R. Shenoy
Answer: Prasanta Chandra Mahalanobis
- Q. Securities and Exchange Board of India (SEBI) was established on:
A)July 12, 1982
B)April 12, 1988
C)July 9, 1988
D)July 5, 1995
Answer: April 12, 1988
- Q. In November 2007, the finance commission constituted by the president of India was:
A)Tenth
B)Thirteenth
C)Ninth
D)Eleventh
Answer: Thirteenth
- Q. In Global Hunger Index (GHI) India has been ranked at:
A)102nd place among 117 developing countries
B)96th place among 119 developing countries
C)105th place among 117 developing countries
D)109th place among 117 developing countries
Answer: 102nd place among 117 developing countries
- Q. Paper currency first started in India in
A)1542
B)1601
C)1861
D)1880
Answer: 1861
- 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)Command Area Development (CAD)
C)Copper Area Development
D)Cop Authority Development
Answer: Command Area Development (CAD)
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