Indian Economy

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

Correct Answer

Telecommunication

More Questions on Indian Economy

  • Q. Revenue of the state governments are raised from the following sources, except
    A)expenditure tax
    B)agricultural income tax
    C)entertainment tax
    D)land revenue
    Answer: agricultural income tax
  • 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. In November 2007, the finance commission constituted by the president of India was:
    A)Tenth
    B)Ninth
    C)Thirteenth
    D)Eleventh
    Answer: Thirteenth
  • Q. Meera Seth committee was associated with:
    A)sex discrimination at work place
    B)the development of handloom industry.
    C)female foeticide
    D)banking sector
    Answer: the development of handloom industry.
  • Q. Finance Commission is constituted after every:
    A)5 years
    B)6 years
    C)3 years
    D)4 years
    Answer: 5 years
  • Q. States earn maximum revenue through
    A)custom revenue
    B)commercial taxes
    C)land revenue
    D)excise duties on intoxicants
    Answer: commercial taxes
  • Q. The first wholly Indian Bank was set up in
    A)1894
    B)1896
    C)1794
    D)1902
    Answer: 1894
  • Q. On which one of the following is the benefits received principle of taxation to achieve optimality bases?
    A)Total benefit received
    B)Average benefit received
    C)Marginal benefit received
    D)Ability to pay for the benefit
    Answer: Ability to pay for the benefit
  • Q. In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines
    A)to reduce the freedom given to banks to rationalize their existing branch network
    B)to setup more foreign exchange banks
    C)to govern entry of new private sector banks to make the banking sector more competitive
    D)to lend more easily for industrial development
    Answer: to govern entry of new private sector banks to make the banking sector more competitive
  • 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. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
    A)Essar Oil
    B)GAIL
    C)Reliance Energy
    D)ONGC
    Answer: Essar Oil
  • Q. Where was first gold refinery established?
    A)Shirpur (Maharashtra)
    B)Ahmedabad (Gujarat)
    C)Bangalore (Karnataka)
    D)Mumbai (Maharashtra)
    Answer: Shirpur (Maharashtra)
  • 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
  • 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. 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. The apex body for formulating plans and coordinating research work in agriculture and allied fields is
    A)Regional Rural Banks
    B)National Bank for Agriculture and Rural Development (NABARD)
    C)State Trading Corporation
    D)Indian Council of Agricultural Research
    Answer: Indian Council of Agricultural Research
  • Q. Resurgent India bonds were issued in US dollar, Pound Sterling and
    A)Deutsche Mark
    B)Euro
    C)Japanese Yen
    D)French Franc
    Answer: Deutsche Mark
  • Q. National Rural Health mission was launched in:
    A)August 2005
    B)April 2005
    C)October 2005
    D)July 2005
    Answer: April 2005
  • Q. Development expenditure of the Central government does not include
    A)expenditure on economic services
    B)defence expenditure
    C)expenditure on social and community services
    D)grant to states
    Answer: defence expenditure
  • Q. Income tax in India was introduced by:
    A)James Wilson
    B)Nicholas Kaldor
    C)William Jones
    D)Mahavir Tyagi
    Answer: James Wilson

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