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. The total number of national highways in the country is:
    A)528
    B)228
    C)328
    D)499
    Answer: E
  • Q. The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called
    A)Statutory Liquid Ratio (SLR)
    B)Statutory Bank Ratio (SBR)
    C)Central Bank Reserve (CBR)
    D)Central Liquid Reserve (CLR)
    Answer: Statutory Liquid Ratio (SLR)
  • 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. 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. Monopolies and restrictive Trade practices (MRTP) act was passed in:
    A)1969
    B)1971
    C)1970
    D)1968
    Answer: 1969
  • Q. India’s share in textiles trade of the world is:
    A)6%
    B)4%
    C)8%
    D)10%
    Answer: 6%
  • Q. In coal production, India ranks in the world:
    A)First
    B)Second
    C)Third
    D)Fourth
    Answer: Second
  • Q. Devaluation of a currency means
    A)reduction in external value/exchange value of currency by the government
    B)reduction in currency value due to wear and tear
    C)fall in exchange value of a country by market forces
    D)all of the above
    Answer: reduction in external value/exchange value of currency by the government
  • 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. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
    A)20 to 25 percent
    B)15 to 20 percent
    C)25 to 30 percent
    D)30 to 35 percent
    Answer: 20 to 25 percent
  • Q. How many banks were nationalized in 1969?
    A)14
    B)16
    C)15
    D)20
    Answer: 14
  • Q. The largest producer of Coffee in the country is:
    A)Tamil Nadu
    B)Andhra Pradesh
    C)Kerala
    D)Karnataka
    Answer: Karnataka
  • Q. Open market operation is a part of:
    A)Debit Policy
    B)Deposit Policy
    C)Credit Policy
    D)None of these
    Answer: Credit Policy
  • Q. Open market operation is a part of:
    A)Debit Policy
    B)Credit Policy
    C)Deposit Policy
    D)None of these
    Answer: Credit Policy
  • Q. Devaluation of a currency means
    A)reduction in external value/exchange value of currency by the government
    B)fall in exchange value of a country by market forces
    C)reduction in currency value due to wear and tear
    D)all of the above
    Answer: reduction in external value/exchange value of currency by the government
  • 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. 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)Copper Area Development
    C)Command Area Development (CAD)
    D)Cop Authority Development
    Answer: Command Area Development (CAD)
  • 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. Paper currency first started in India in
    A)1542
    B)1601
    C)1861
    D)1880
    Answer: 1861
  • Q. In April 1980 how many banks were nationalized?
    A)eight banks
    B)five banks
    C)six banks
    D)nine banks
    Answer: six banks

Leave a Comment