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. ICICI is the name of a
    A)bureau
    B)chemical industry
    C)corporation
    D)financial institution
    Answer: financial institution
  • 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 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. 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
  • Q. Since the inception of the co-operative movement, rural credits has been
    A)rationalized
    B)cheapened
    C)institutionalized
    D)All of the above
    Answer: All of the above
  • Q. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
    A)1986
    B)1987
    C)1984
    D)1989
    Answer: 1987
  • 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 Ministry and programme Implementation – as an independent Ministry came into existence on :
    A)January 15, 1998
    B)October 15, 1999
    C)September 15, 1999
    D)June 15, 1999
    Answer: October 15, 1999
  • Q. Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to
    A)83 percent
    B)90 percent
    C)80 percent
    D)100 percent
    Answer: 100 percent
  • Q. What is the objective of ‘Sangam Yojna 1996’?
    A)To make Ganga water pollution free
    B)To increase the welfare of the disabled
    C)To make Sangam region of Allahabad more attractive for tourists
    D)To unite, various groups of Hindus
    Answer: To increase the welfare of the disabled
  • Q. National Rural Health mission was launched in:
    A)August 2005
    B)October 2005
    C)April 2005
    D)July 2005
    Answer: April 2005
  • Q. If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
    A)equal to government income
    B)zero
    C)larger than government income
    D)negative
    Answer: equal to government income
  • Q. The first Apparel Park in India has been established in:
    A)Tirupur (Tamil Nadu)
    B)Punalur (Kerala)
    C)Both A and B
    D)None of the above
    Answer: Tirupur (Tamil Nadu)
  • Q. One of the reasons for India’s occupational structure remaining more or less the same over the years has been that
    A)productivity in agriculture has been high enough to induce people to stay with agriculture
    B)investment pattern has been directed towards capital intensive industries
    C)ceiling on land holdings have enabled more people to own land and hence their preference to stay wit
    D)people are largely unaware of the significance of transition from agriculture to industry for econom
    Answer: investment pattern has been directed towards capital intensive industries
  • 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. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?
    A)Essar Oil
    B)Reliance Energy
    C)GAIL
    D)ONGC
    Answer: Essar Oil
  • Q. Resurgent India bonds were issued in US dollar, Pound Sterling and
    A)Deutsche Mark
    B)Japanese Yen
    C)Euro
    D)French Franc
    Answer: Deutsche Mark
  • Q. On July 12, 1982, the ARDC was merged into
    A)NABARD
    B)RBI
    C)EXIM Bank
    D)None of the above
    Answer: NABARD
  • Q. The association of the rupee with pound sterling as the intervention currency was broken in
    A)1991
    B)1990
    C)1992
    D)1993
    Answer: 1992
  • Q. In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this? I=A large number of farmers are illiterate and know little about scientific agricultureII=Prices of primary products are lower than those of manufactured products III=Investment in agriculture has been low when compared to investment in industry
    A)I, II
    B)I, II, III
    C)I, III
    D)II, III
    Answer: I, II, III

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