More Questions on Indian Economy
- 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. ICICI is the name of a
A)bureau
B)chemical industry
C)corporation
D)financial institution
Answer: financial institution
- 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. The budget deficit means
A)difference between revenue receipts and revenue expenditure
B)the excess of total expenditure, including loans, net of lending over revenue receipts
C)difference between all receipts and all the expenditure
D)fiscal deficit less interest payments
Answer: difference between all receipts and all the expenditure
- Q. Which of the following is the most appropriate cause of export surplus?
A)Country's stringent import policy
B)Developments in national and international markets
C)Country's exports promotion value
D)None of the above
Answer: Developments in national and international markets
- Q. The main rubber producing state in the country is:
A)Tamil Nadu
B)Kerala
C)Karnataka
D)Hyderabad
Answer: Kerala
- Q. The share of road transport in total transportation of the country is:
A)70%
B)75%
C)60%
D)80%
Answer: 80%
- Q. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
A)China
B)Taiwan
C)South Korea
D)Japan
Answer: Japan
- Q. India changed over to the decimal system of coinage in
A)April 1957
B)April 1958
C)April 1995
D)April 1959
Answer: April 1957
- 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. Laadli Laxmi Yojana has been launched for supporting girls of all religions and caste up to their marriage by:
A)Madhya Pradesh government
B)Uttar Pradesh government
C)Haryana
D)none of the above
Answer: Madhya Pradesh government
- 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. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
A)Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
B)Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
C)Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
D)Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
Answer: Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
- Q. In the world in terms of Railway Network system India ranks:
A)first
B)fourth
C)second
D)third
Answer: fourth
- Q. Since the inception of the co-operative movement, rural credits has been
A)rationalized
B)institutionalized
C)cheapened
D)All of the above
Answer: All of the above
- Q. Reserve Bank of India was nationalized in the year
A)1945
B)1935
C)1949
D)1969
Answer: 1949
- Q. The concept of zero-based budgeting was given by:
A)Peter drucker
B)Peter A. Payer.
C)Jagdish bhagwati
D)None of these
Answer: Peter A. Payer.
- Q. When personal direct taxes are subtracted from personal income the obtained value is called:
A)National Income
B)Gross National Product (GNP)
C)Gross Domestic Product (GDP)
D)Personal Income
Answer: Gross National Product (GNP)
- Q. Navaratna Status is concerned with:
A)Private Sector Companies
B)Both A and B
C)Public Sector Companies
D)None of the above
Answer: Public Sector Companies
- Q. Short-term finance is usually for a period ranging up to
A)10 months
B)12 months
C)5 months
D)15 months
Answer: 12 months
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