Indian Economy

Q. In India the term Black Revolution is associated with:

A
Nurturing the Black Soil
B
Self-dependence in the production of petroleum crude oil
C
Self-dependence in the production of coal
D
Self-dependence in the production of balck corp

Correct Answer

Self-dependence in the production of petroleum crude oil

More Questions on Indian Economy

  • Q. Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to
    A)SBI
    B)NABARD
    C)ARDC
    D)PACs
    Answer: NABARD
  • 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 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. Project ‘Sankalp’ is associated with the elimination of:
    A)AIDS/HIV
    B)Both A and B
    C)Polio
    D)None of the above
    Answer: AIDS/HIV
  • Q. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
    A)Services sector
    B)Food processing
    C)Chemicals other than fertilizers
    D)Telecommunication
    Answer: Telecommunication
  • Q. If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
    A)Rs 500
    B)Rs 400
    C)Rs 1000
    D)Rs 300
    Answer: Rs 300
  • Q. The budget deficit means
    A)difference between revenue receipts and revenue expenditure
    B)difference between all receipts and all the expenditure
    C)the excess of total expenditure, including loans, net of lending over revenue receipts
    D)fiscal deficit less interest payments
    Answer: difference between all receipts and all the expenditure
  • Q. How many banks were nationalized in 1969?
    A)14
    B)15
    C)16
    D)20
    Answer: 14
  • Q. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
    A)1986
    B)1987
    C)1984
    D)1989
    Answer: 1987
  • 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. 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. Income tax in India was introduced by:
    A)James Wilson
    B)William Jones
    C)Nicholas Kaldor
    D)Mahavir Tyagi
    Answer: James Wilson
  • Q. Paper currency first started in India in
    A)1542
    B)1601
    C)1861
    D)1880
    Answer: 1861
  • Q. In November 2007, the finance commission constituted by the president of India was:
    A)Tenth
    B)Ninth
    C)Thirteenth
    D)Eleventh
    Answer: Thirteenth
  • Q. In India, which one among the following formulates the fiscal policy?
    A)Ministry of Finance
    B)Finance Commission
    C)Planning Commission
    D)The Reserve Bank of India
    Answer: Ministry of Finance
  • Q. The ARDC is now a branch of the
    A)NABARD
    B)RBI
    C)IDBI
    D)SDBI
    Answer: NABARD
  • Q. The total number of national highways in the country is:
    A)528
    B)228
    C)328
    D)499
    Answer: E
  • Q. Paper currency first started in India in
    A)1542
    B)1861
    C)1601
    D)1880
    Answer: 1861
  • Q. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
    A)China
    B)Taiwan
    C)South Korea
    D)Japan
    Answer: Japan
  • 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

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