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

Correct Answer

Self-dependence in the production of petroleum crude oil

More Questions on Indian Economy

  • Q. Inflation is measured in India on the basis of which ‘Index’?
    A)Consumer Price Index for urban workers
    B)Consumer Price Index for agricultural workers
    C)Wholesale Price Index
    D)National income deflation
    Answer: Wholesale Price Index
  • Q. National Rural Health mission was launched in:
    A)August 2005
    B)April 2005
    C)October 2005
    D)July 2005
    Answer: April 2005
  • Q. The current price index (base 1960) is nearly 330. This means that
    A)the prices of certain selected items have gone up to 3-3 times
    B)weighted means of prices of certain item has increased 3-3 times
    C)all items cost 3-3 times more than what they did in 1960
    D)gold price has gone up 3-3 times
    Answer: weighted means of prices of certain item has increased 3-3 times
  • Q. The first multi–purpose river valley project of independent India is:
    A)Damodar
    B)Hirakud
    C)Bhakra-Nangal
    D)Nagarjunasagar
    Answer: Damodar
  • Q. Reserve Bank of India was nationalized in the year
    A)1945
    B)1935
    C)1949
    D)1969
    Answer: 1949
  • 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. The share of road transport in total transportation of the country is:
    A)70%
    B)60%
    C)75%
    D)80%
    Answer: 80%
  • 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. Since the inception of the co-operative movement, rural credits has been
    A)rationalized
    B)cheapened
    C)institutionalized
    D)All of the above
    Answer: All of the above
  • Q. If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
    A)equal to government income
    B)zero
    C)larger than government income
    D)negative
    Answer: equal to government income
  • Q. Debenture holders of a company are its
    A)creditors
    B)debtors
    C)shareholders
    D)directors
    Answer: creditors
  • Q. Aam Admi Bima Yojana was launched on:
    A)March 5, 2009
    B)March 10, 2008
    C)November 14, 2011
    D)October 2, 2007
    Answer: October 2, 2007
  • 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. Which of the following is the most appropriate cause of export surplus?
    A)Country's stringent import policy
    B)Developments in national and international markets
    C)Country's exports promotion value
    D)None of the above
    Answer: Developments in national and international markets
  • Q. The concept of zero-based budgeting was given by:
    A)Peter drucker
    B)Jagdish bhagwati
    C)Peter A. Payer.
    D)None of these
    Answer: Peter A. Payer.
  • Q. On July 12, 1982, the ARDC was merged into
    A)NABARD
    B)RBI
    C)EXIM Bank
    D)None of the above
    Answer: NABARD
  • Q. How many banks were nationalized in 1969?
    A)14
    B)16
    C)15
    D)20
    Answer: 14
  • Q. In Global Hunger Index (GHI) India has been ranked at:
    A)102nd place among 117 developing countries
    B)105th place among 117 developing countries
    C)96th place among 119 developing countries
    D)109th place among 117 developing countries
    Answer: 102nd place among 117 developing countries
  • 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)Chemicals other than fertilizers
    C)Food processing
    D)Telecommunication
    Answer: Telecommunication
  • Q. Excise duty is a tax levied on the
    A)export of goods
    B)import of goods
    C)production of goods
    D)sale of goods
    Answer: production of goods

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