More Questions on Indian Economy
- Q. Which of the following is not an undertaking under the administrative control of Ministry of Railways?
A)Konkan Railway Corporation Limited
B)Container Corporation of India Limited
C)Indian Railways Construction Company Limited
D)Diesel Locomotive Works, Varanasi
Answer: Indian Railways Construction Company Limited
- 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. National expenditure includes
A)investment expenditure
B)government expenditure
C)consumption expenditure
D)All of the above
Answer: All of the above
- Q. The first national commission on labours was constituted on:
A)December 24, 1967
B)November 24, 1966
C)December 24, 1966.
D)November 24, 1967
Answer: December 24, 1966.
- Q. Where was first gold refinery established?
A)Shirpur (Maharashtra)
B)Ahmedabad (Gujarat)
C)Bangalore (Karnataka)
D)Mumbai (Maharashtra)
Answer: Shirpur (Maharashtra)
- Q. In coal production, India ranks in the world:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- Q. The main rubber producing state in the country is:
A)Tamil Nadu
B)Karnataka
C)Kerala
D)Hyderabad
Answer: Kerala
- Q. National Income estimates in India is prepared by:
A)Reserve Bank Of India
B)Planning Commission
C)Central Statistical Organisation (CSO)
D)Indian Statistical Institute
Answer: Central Statistical Organisation (CSO)
- Q. Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections
A)II, III
B)I, II, III
C)I, III
D)I, II
Answer: I, II
- Q. Indian state with highest road length is:
A)Uttar Pradesh
B)Rajasthan
C)Maharashtra
D)Andhra Pradesh
Answer: Maharashtra
- Q. In the world in terms of Railway Network system India ranks:
A)first
B)second
C)fourth
D)third
Answer: fourth
- 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. Green Banking channel has been launched by:
A)State Bank of India
B)Reserve Bank of India
C)Punjab National Bank
D)Bank of Baroda
Answer: State Bank of India
- Q. Deficit financing implies
A)replacing new currency with worn out currency
B)printing new currency notes
C)public expenditure in excess of public revenue
D)public revenue in excess of public expenditure
Answer: public expenditure in excess of public revenue
- Q. At present, the number of nationalized banks are:
A)17
B)19
C)15
D)12
Answer: 12
- Q. Asia’s first Export processing Zone (EPZ) was established in:
A)Cochin
B)Kandla
C)Surat
D)Chennai
Answer: Kandla
- 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 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 central banking functions in India are performed by the I=Central Bank of India II=Reserve Bank of India III=State Bank of India IV=Punjab National Bank
A)II
B)I
C)I, II
D)II, III
Answer: II
- 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, II, III
C)I, III
D)II, III
Answer: I, II, III
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