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)8.5% in 2011-12
    C)8.2% in 2011-12
    D)7.8% in 2011-12
    Answer: 8.0% in 2011-12
  • Q. If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
    A)Rs 500
    B)Rs 400
    C)Rs 1000
    D)Rs 300
    Answer: Rs 300
  • Q. Finance Commission is constituted after every:
    A)5 years
    B)3 years
    C)6 years
    D)4 years
    Answer: 5 years
  • Q. National Rural Health mission was launched in:
    A)August 2005
    B)April 2005
    C)October 2005
    D)July 2005
    Answer: April 2005
  • Q. Ten rupee notes contain the signature of:
    A)Chairman, SBI
    B)Governor, RBI
    C)Finance Secretary, GOI
    D)Finance Minister , GOI
    Answer: Governor, RBI
  • Q. Reserve Bank of India was nationalized in the year
    A)1945
    B)1949
    C)1935
    D)1969
    Answer: 1949
  • 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. In India Yellow revolution is associated with:
    A)production of oil seeds.
    B)production of flower
    C)production of tea
    D)production of paddy
    Answer: production of oil seeds.
  • Q. Devaluation of currency leads to
    A)increase in domestic prices
    B)fall in domestic prices
    C)no impact on domestic prices
    D)erratic fluctuations in domestic prices
    Answer: increase in domestic prices
  • 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 number of finance commissions set up upto now is:
    A)14
    B)15
    C)13
    D)16
    Answer: 15
  • 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. The total number of national highways in the country is:
    A)528
    B)328
    C)228
    D)499
    Answer: E
  • Q. In November 2007, the finance commission constituted by the president of India was:
    A)Tenth
    B)Thirteenth
    C)Ninth
    D)Eleventh
    Answer: Thirteenth
  • Q. In India the term Black Revolution is associated with:
    A)Nurturing the Black Soil
    B)Self-dependence in the production of coal
    C)Self-dependence in the production of petroleum crude oil
    D)Self-dependence in the production of balck corp
    Answer: Self-dependence in the production of petroleum crude oil
  • Q. The Ex-Officio Secretary of National Development Council is:
    A)General Secretary of Lok Sabha
    B)Secretary of Finance Ministry
    C)Secretary of Planning Commission
    D)Vice Chairman of Planning Commission
    Answer: Secretary of Planning Commission
  • Q. In India, which one among the following formulates the fiscal policy?
    A)Ministry of Finance
    B)Finance Commission
    C)Planning Commission
    D)The Reserve Bank of India
    Answer: Ministry of Finance
  • Q. Project ‘Sankalp’ is associated with the elimination of:
    A)AIDS/HIV
    B)Both A and B
    C)Polio
    D)None of the above
    Answer: AIDS/HIV
  • Q. The co-operative credit societies have a
    A)three-tier structure
    B)four-tier structure
    C)two-tier structure
    D)five-tier structure
    Answer: three-tier structure
  • Q. Meera Seth committee was associated with:
    A)sex discrimination at work place
    B)the development of handloom industry.
    C)female foeticide
    D)banking sector
    Answer: the development of handloom industry.

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