Q. In the state of India, the State Financial Corporation have given assistance mainly to develop

Correct Answer

medium and small-scale industries

More Questions on Indian Economy

  • 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. 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. Unit Trust of India (UTI) was established in:
    A)1904
    B)1968
    C)1964
    D)1970
    Answer: 1964
  • Q. In India, which one among the following formulates the fiscal policy?
    A)Ministry of Finance
    B)Planning Commission
    C)Finance Commission
    D)The Reserve Bank of India
    Answer: Ministry of Finance
  • Q. Which of the following items would not appear in a company’s balance sheet?
    A)Total issued capital
    B)Revenue from sales of the company's products
    C)Value of stocks of raw materials held
    D)Cash held at the bank
    Answer: Revenue from sales of the company's products
  • Q. The co-operative credit societies have a
    A)three-tier structure
    B)four-tier structure
    C)two-tier structure
    D)five-tier structure
    Answer: three-tier structure
  • Q. The first multi–purpose river valley project of independent India is:
    A)Damodar
    B)Bhakra-Nangal
    C)Hirakud
    D)Nagarjunasagar
    Answer: Damodar
  • Q. In India the term Black Revolution is associated with:
    A)Nurturing the Black Soil
    B)Self-dependence in the production of coal
    C)Self-dependence in the production of petroleum crude oil
    D)Self-dependence in the production of balck corp
    Answer: Self-dependence in the production of petroleum crude oil
  • Q. Excess of Total Expenditure over total Receipts is :
    A)Surplus Budget
    B)Deficit Budget
    C)Balanced Budget
    D)None of the above
    Answer: Deficit Budget
  • Q. Excise duty is a tax levied on the
    A)export of goods
    B)import of goods
    C)production of goods
    D)sale of goods
    Answer: production of goods
  • Q. Who is the author of the book Man and Economics?
    A)Robert Mundel
    B)Rudi Dornbusch
    C)Myron Scholes
    D)George Akerlof
    Answer: Robert Mundel
  • Q. Whose name is associated with formulation of planning strategy in Second five Year plan?
    A)Jawahar Lal Nehru
    B)Prasanta Chandra Mahalanobis
    C)Mahatma Gandhi
    D)B.R. Shenoy
    Answer: Prasanta Chandra Mahalanobis
  • Q. The chairman of 13th finance Commission was:
    A)K C Neogy
    B)Nand Kishore Singh
    C)Vijay L. Kelkar.
    D)Y V Reddy
    Answer: Vijay L. Kelkar.
  • Q. Who is the author of the book Man and Economics?
    A)Robert Mundel
    B)Myron Scholes
    C)Rudi Dornbusch
    D)George Akerlof
    Answer: Robert Mundel
  • Q. The ARDC is now a branch of the
    A)NABARD
    B)IDBI
    C)RBI
    D)SDBI
    Answer: NABARD
  • Q. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
    A)will increase
    B)will neither increase nor decrease
    C)will decrease
    D)None of the above
    Answer: will neither increase nor decrease
  • Q. Meera Seth committee was related to:
    A)sex discrimination at work place
    B)female foeticide
    C)Development of Handlooms
    D)Banking sector
    Answer: Development of Handlooms
  • Q. The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is:
    A)Cordial Area Development
    B)Command Area Development (CAD)
    C)Copper Area Development
    D)Cop Authority Development
    Answer: Command Area Development (CAD)
  • 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. The Money Order system in India was introduced in the year :
    A)1880
    B)1882
    C)1999
    D)1904
    Answer: 1880

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