Q. In November 2007, the finance commission constituted by the president of India was:

Correct Answer

Thirteenth

More Questions on Indian Economy

  • Q. Open market operation is a part of:
    A)Debit Policy
    B)Credit Policy
    C)Deposit Policy
    D)None of these
    Answer: Credit Policy
  • Q. The share of road transport in total transportation of the country is:
    A)70%
    B)75%
    C)60%
    D)80%
    Answer: 80%
  • Q. As per the 2009-10, data the commodity with highest share in total export value was:
    A)Engineering goods
    B)Petroleum products
    C)Gems and Jewellery.
    D)Rice
    Answer: Gems and Jewellery.
  • 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. For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America?
    A)Bank of Baroda
    B)Punjab National Bank
    C)State Bank of India
    D)Central Bank of India
    Answer: Punjab National Bank
  • 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. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
    A)1986
    B)1982
    C)2006
    D)1975
    Answer: 1975
  • Q. The first fully Indian Bank is:
    A)Central Bank of India
    B)Canara Bank
    C)Punjab National Bank
    D)State Bank of India
    Answer: Punjab National Bank
  • Q. Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to
    A)83 percent
    B)90 percent
    C)80 percent
    D)100 percent
    Answer: 100 percent
  • 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. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
    A)China
    B)South Korea
    C)Taiwan
    D)Japan
    Answer: Japan
  • 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. At present, the number of nationalized banks are:
    A)17
    B)19
    C)15
    D)12
    Answer: 12
  • 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. In coal production, India ranks in the world:
    A)First
    B)Second
    C)Third
    D)Fourth
    Answer: Second
  • Q. The currency convertibility concept in its original form originated in
    A)Bretton Woods Agreement
    B)Taylors Agreement
    C)Wells Agreement
    D)None of the above
    Answer: Bretton Woods Agreement
  • Q. In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this? I=A large number of farmers are illiterate and know little about scientific agricultureII=Prices of primary products are lower than those of manufactured products III=Investment in agriculture has been low when compared to investment in industry
    A)I, II
    B)I, III
    C)I, II, III
    D)II, III
    Answer: I, II, III
  • Q. The share of road transport in total transportation of the country is:
    A)70%
    B)60%
    C)75%
    D)80%
    Answer: 80%
  • Q. The Indian state which was the first to release state level Human Development Report in 1995 was:
    A)Maharashtra
    B)Madhya Pradesh
    C)Kerala
    D)Tamil Nadu
    Answer: Madhya Pradesh
  • Q. National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
    A)September 2003
    B)November 2004
    C)October 2004
    D)January 2004
    Answer: November 2004

Leave a Comment