More Questions on Indian Economy
- Q. One rupee currency note in India bears the signature of-
A)Finance minister of India
B)The president of India
C)Governor (RBI)
D)Finance secretary of Government of India
Answer: Finance secretary of Government of India
- 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)Gems and Jewellery.
C)Petroleum products
D)Rice
Answer: Gems and Jewellery.
- 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. Open market operation is a part of:
A)Debit Policy
B)Deposit Policy
C)Credit Policy
D)None of these
Answer: Credit Policy
- Q. Gilt-edged market means
A)market of government securities
B)bullion market
C)market of guns
D)market of pure metals
Answer: market of government securities
- Q. States earn maximum revenue through
A)custom revenue
B)land revenue
C)commercial taxes
D)excise duties on intoxicants
Answer: commercial taxes
- Q. National expenditure includes
A)investment expenditure
B)government expenditure
C)consumption expenditure
D)All of the above
Answer: All of the above
- 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. 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. 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 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. Non Tax revenues can be increased by improving the working of the
A)electricity boards
B)State Road Transport Corporations
C)commercial irrigation projects
D)All of the above
Answer: commercial irrigation projects
- 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. Non Tax revenues can be increased by improving the working of the
A)electricity boards
B)commercial irrigation projects
C)State Road Transport Corporations
D)All of the above
Answer: commercial irrigation projects
- Q. In the world in terms of Railway Network system India ranks:
A)first
B)fourth
C)second
D)third
Answer: fourth
- Q. India’s share in textiles trade of the world is:
A)6%
B)4%
C)8%
D)10%
Answer: 6%
- Q. The Foreign Exchange Management Act(FEMA) was passed in:
A)the year 2005
B)the year 2000
C)the year 1999
D)the year 2002
Answer: the year 1999
- Q. In coal production, India ranks in the world:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- 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
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