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. 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. Deficit financing leads to inflation in general, but it can be checked if
    A)only aggregate demand is increased
    B)all the expenditure is denoted national debt payment only
    C)government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
    D)All of the above
    Answer: All of the above
  • Q. Ten rupee notes contain the signature of:
    A)Chairman, SBI
    B)Finance Secretary, GOI
    C)Governor, RBI
    D)Finance Minister , GOI
    Answer: Governor, RBI
  • Q. In the world in terms of Railway Network system India ranks:
    A)first
    B)fourth
    C)second
    D)third
    Answer: fourth
  • Q. On July 12, 1982, the ARDC was merged into
    A)NABARD
    B)EXIM Bank
    C)RBI
    D)None of the above
    Answer: NABARD
  • Q. The first Apparel Park in India has been established in:
    A)Tirupur (Tamil Nadu)
    B)Both A and B
    C)Punalur (Kerala)
    D)None of the above
    Answer: Tirupur (Tamil Nadu)
  • Q. Which of the following is not an undertaking under the administrative control of Ministry of Railways?
    A)Konkan Railway Corporation Limited
    B)Indian Railways Construction Company Limited
    C)Container Corporation of India Limited
    D)Diesel Locomotive Works, Varanasi
    Answer: Indian Railways Construction Company Limited
  • Q. Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to
    A)SBI
    B)ARDC
    C)NABARD
    D)PACs
    Answer: NABARD
  • 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. The first multi–purpose river valley project of independent India is:
    A)Damodar
    B)Hirakud
    C)Bhakra-Nangal
    D)Nagarjunasagar
    Answer: Damodar
  • Q. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
    A)China
    B)South Korea
    C)Taiwan
    D)Japan
    Answer: Japan
  • Q. The Mid Day Meal scheme was launched on
    A)August 15, 1992
    B)August 15, 1995
    C)August 15, 2000
    D)August 15, 2001
    Answer: August 15, 1995
  • Q. In India, the second largest provider of employment after agriculture is:
    A)Chemical Sector
    B)Iron and Steel Sector
    C)Textile Sector
    D)Telecommunication sector
    Answer: Textile Sector
  • Q. Development expenditure of the Central government does not include
    A)expenditure on economic services
    B)defence expenditure
    C)expenditure on social and community services
    D)grant to states
    Answer: defence expenditure
  • Q. Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:
    A)the year 2000
    B)the year 2005
    C)the year 2003
    D)the year 2001
    Answer: the year 2003
  • Q. In the world in terms of Railway Network system India ranks:
    A)first
    B)second
    C)fourth
    D)third
    Answer: fourth
  • Q. During which five year plan was the annual growth rate registered at 2.5%?
    A)First Five Year Plan (1961-66)
    B)Fourth Five Year Plan (1961-66)
    C)Second Five Year Plan (1961-66)
    D)Third Five Year Plan (1961-66)
    Answer: Third Five Year Plan (1961-66)
  • Q. The chairman of 13th finance Commission was:
    A)K C Neogy
    B)Vijay L. Kelkar.
    C)Nand Kishore Singh
    D)Y V Reddy
    Answer: Vijay L. Kelkar.
  • Q. In Global Hunger Index (GHI) India has been ranked at:
    A)102nd place among 117 developing countries
    B)96th place among 119 developing countries
    C)105th place among 117 developing countries
    D)109th place among 117 developing countries
    Answer: 102nd place among 117 developing countries
  • Q. The currency convertibility concept in its original form originated in
    A)Bretton Woods Agreement
    B)Taylors Agreement
    C)Wells Agreement
    D)None of the above
    Answer: Bretton Woods Agreement

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