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
Chemicals other than fertilizers
C
Food processing
D
Telecommunication

Correct Answer

Telecommunication

More Questions on Indian Economy

  • 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. Laadli Laxmi Yojana has been launched for supporting girls of all religions and caste up to their marriage by:
    A)Madhya Pradesh government
    B)Haryana
    C)Uttar Pradesh government
    D)none of the above
    Answer: Madhya Pradesh government
  • Q. Which state of India ranks first in milk production as per the data of the year 2009-10?
    A)Jharkhand
    B)Uttar Pradesh
    C)Bihar
    D)West Bengal
    Answer: Uttar Pradesh
  • Q. Deficit financing implies
    A)replacing new currency with worn out currency
    B)public expenditure in excess of public revenue
    C)printing new currency notes
    D)public revenue in excess of public expenditure
    Answer: public expenditure in excess of public revenue
  • Q. How many Regional Rural Bank (RRBs) are working in the country till 31st March,2010?
    A)81
    B)82
    C)85
    D)93
    Answer: 82
  • Q. Devaluation of a currency means
    A)reduction in external value/exchange value of currency by the government
    B)reduction in currency value due to wear and tear
    C)fall in exchange value of a country by market forces
    D)all of the above
    Answer: reduction in external value/exchange value of currency by the government
  • 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)Reliance Energy
    C)GAIL
    D)ONGC
    Answer: Essar Oil
  • 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
  • Q. Of the gross tax revenue of the Union Government the indirect taxes account for nearly
    A)75 percent
    B)65 percent
    C)70 per cent
    D)60 percent
    Answer: 65 percent
  • Q. Gilt-edged market means
    A)market of government securities
    B)market of guns
    C)bullion market
    D)market of pure metals
    Answer: market of government securities
  • Q. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
    A)20 to 25 percent
    B)15 to 20 percent
    C)25 to 30 percent
    D)30 to 35 percent
    Answer: 20 to 25 percent
  • Q. During which five Year plan was phase of heavy industrialization initiated?
    A)First five year plan
    B)Second five year plan.
    C)Third five year plan
    D)Fourth five year plan
    Answer: Second five year plan.
  • Q. The main rubber producing state in the country is:
    A)Tamil Nadu
    B)Kerala
    C)Karnataka
    D)Hyderabad
    Answer: Kerala
  • Q. Excise duty is a tax levied on the
    A)export of goods
    B)production of goods
    C)import of goods
    D)sale of goods
    Answer: production of goods
  • Q. Unit Trust of India (UTI) was established in:
    A)1904
    B)1968
    C)1964
    D)1970
    Answer: 1964
  • Q. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
    A)will increase
    B)will decrease
    C)will neither increase nor decrease
    D)None of the above
    Answer: will neither increase nor decrease
  • Q. In the state of India, the State Financial Corporation have given assistance mainly to develop
    A)cottage industry
    B)large-scale industries
    C)agricultural farms
    D)medium and small-scale industries
    Answer: medium and small-scale industries
  • 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. Which company has started a rural marketing network called e-Chaupals?
    A)Dabur
    B)ITC
    C)Procor and Gamble
    D)Hindustan liver
    Answer: ITC
  • Q. Finance Commission is constituted after every:
    A)5 years
    B)3 years
    C)6 years
    D)4 years
    Answer: 5 years

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