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. As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by:
    A)8.0% in 2011-12
    B)8.2% in 2011-12
    C)8.5% in 2011-12
    D)7.8% in 2011-12
    Answer: 8.0% in 2011-12
  • Q. The concept of zero-based budgeting was given by:
    A)Peter drucker
    B)Jagdish bhagwati
    C)Peter A. Payer.
    D)None of these
    Answer: Peter A. Payer.
  • Q. Inflation is measured in India on the basis of which ‘Index’?
    A)Consumer Price Index for urban workers
    B)Wholesale Price Index
    C)Consumer Price Index for agricultural workers
    D)National income deflation
    Answer: Wholesale Price Index
  • Q. Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections
    A)II, III
    B)I, III
    C)I, II, III
    D)I, II
    Answer: I, II
  • 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. 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. Subsidies mean
    A)payment made by business enterprises to factors of production
    B)payment by government for purchase of goods and services
    C)payment made by companies to shareholders
    D)payment made by the government to business enterprises, without buying any goods and services
    Answer: payment made by the government to business enterprises, without buying any goods and services
  • 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. Revenue of the state governments are raised from the following sources, except
    A)expenditure tax
    B)agricultural income tax
    C)entertainment tax
    D)land revenue
    Answer: agricultural income tax
  • Q. At present, the number of nationalized banks are:
    A)17
    B)19
    C)15
    D)12
    Answer: 12
  • Q. The share of road transport in total transportation of the country is:
    A)70%
    B)60%
    C)75%
    D)80%
    Answer: 80%
  • Q. Indian state with highest road length is:
    A)Uttar Pradesh
    B)Maharashtra
    C)Rajasthan
    D)Andhra Pradesh
    Answer: Maharashtra
  • 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. National expenditure includes
    A)investment expenditure
    B)government expenditure
    C)consumption expenditure
    D)All of the above
    Answer: All of the above
  • 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. Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:
    A)the year 2000
    B)the year 2003
    C)the year 2005
    D)the year 2001
    Answer: the year 2003
  • Q. For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America?
    A)Bank of Baroda
    B)State Bank of India
    C)Punjab National Bank
    D)Central Bank of India
    Answer: Punjab National Bank
  • 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. In the second nationalization of commercial banks, ___ banks were nationalized.
    A)5
    B)4
    C)6
    D)8
    Answer: 6
  • 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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