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. In India Yellow revolution is associated with:
    A)production of oil seeds.
    B)production of flower
    C)production of tea
    D)production of paddy
    Answer: production of oil seeds.
  • Q. In the second nationalization of commercial banks, ___ banks were nationalized.
    A)5
    B)6
    C)4
    D)8
    Answer: 6
  • 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. The number of finance commissions set up upto now is:
    A)14
    B)15
    C)13
    D)16
    Answer: 15
  • 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. Depreciation means
    A)closure of a plant due to labour trouble
    B)closure of a plant due to lock out
    C)loss of equipment over time due to wear and tear
    D)destruction of a plant in a fire accident
    Answer: loss of equipment over time due to wear and tear
  • Q. The central co-operative banks are in direct touch with
    A)state co-operative banks
    B)land development banks
    C)farmers
    D)central government
    Answer: state co-operative banks
  • 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 1000
    C)Rs 400
    D)Rs 300
    Answer: Rs 300
  • Q. The condition of indirect taxes in the country’s revenue is approximately
    A)75 percent
    B)70 percent
    C)80 percent
    D)86 percent
    Answer: 86 percent
  • Q. Government has merged Annapurna Scheme with:
    A)Ujjwala
    B)IRDP
    C)National Old Age Pension Scheme
    D)None of these
    Answer: National Old Age Pension Scheme
  • 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. National Income estimates in India is prepared by:
    A)Reserve Bank Of India
    B)Planning Commission
    C)Central Statistical Organisation (CSO)
    D)Indian Statistical Institute
    Answer: Central Statistical Organisation (CSO)
  • Q. Laadli Laxmi Yojana has been launched for supporting girls of all religions and caste up to their marriage by:
    A)Madhya Pradesh government
    B)Uttar Pradesh government
    C)Haryana
    D)none of the above
    Answer: Madhya Pradesh government
  • Q. India’s share in textiles trade of the world is:
    A)6%
    B)8%
    C)4%
    D)10%
    Answer: 6%
  • 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. 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)Central Bank Reserve (CBR)
    C)Statutory Bank Ratio (SBR)
    D)Central Liquid Reserve (CLR)
    Answer: Statutory Liquid Ratio (SLR)
  • 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. 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. 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. The Money Order system in India was introduced in the year :
    A)1880
    B)1999
    C)1882
    D)1904
    Answer: 1880

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