Indian Economy

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

Correct Answer

medium and small-scale industries

More Questions on Indian Economy

  • Q. One rupee currency note in India bears the signature of-
    A)Finance minister of India
    B)The president of India
    C)Governor (RBI)
    D)Finance secretary of Government of India
    Answer: Finance secretary of Government of India
  • Q. Earn While you Learn scheme has been launched by:
    A)Ministry of Youth
    B)Both A and B
    C)Ministry of Tourism
    D)None of these
    Answer: Ministry of Tourism
  • Q. Deficit financing leads to inflation in general, but it can be checked if
    A)only aggregate demand is increased
    B)government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
    C)all the expenditure is denoted national debt payment only
    D)All of the above
    Answer: All of the above
  • Q. Which of the following is not a part of machinery that settles industrial disputes?
    A)Works Committee
    B)Conciliation officers
    C)Wage Court
    D)Board of Conciliation
    Answer: Wage Court
  • 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 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
    Answer: Telecommunication
  • Q. Gross domestic capital formation is defined as
    A)expenditure incurred on physical assets only
    B)production exceeding demand
    C)flow of expenditure devoted to increased or maintaining of the capital stock
    D)net addition to stock after depreciation
    Answer: net addition to stock after depreciation
  • Q. Monopolies and restrictive Trade practices (MRTP) act was passed in:
    A)1969
    B)1971
    C)1970
    D)1968
    Answer: 1969
  • 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. The Ministry and programme Implementation – as an independent Ministry came into existence on :
    A)January 15, 1998
    B)September 15, 1999
    C)October 15, 1999
    D)June 15, 1999
    Answer: October 15, 1999
  • 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. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
    A)1986
    B)1987
    C)1984
    D)1989
    Answer: 1987
  • Q. Depreciation means
    A)closure of a plant due to labour trouble
    B)closure of a plant due to lock out
    C)loss of equipment over time due to wear and tear
    D)destruction of a plant in a fire accident
    Answer: loss of equipment over time due to wear and tear
  • 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. Project ‘Sankalp’ is associated with the elimination of:
    A)AIDS/HIV
    B)Polio
    C)Both A and B
    D)None of the above
    Answer: AIDS/HIV
  • 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. In India, the second largest provider of employment after agriculture is:
    A)Chemical Sector
    B)Textile Sector
    C)Iron and Steel Sector
    D)Telecommunication sector
    Answer: Textile Sector
  • Q. Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?
    A)NITI Ayog
    B)RBI
    C)The Comptroller General of Accounts
    D)None of these
    Answer: The Comptroller General of Accounts
  • Q. Meera Seth committee was related to:
    A)sex discrimination at work place
    B)Development of Handlooms
    C)female foeticide
    D)Banking sector
    Answer: Development of Handlooms
  • 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, II
    C)I
    D)II, III
    Answer: II

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