More Questions on Indian Economy
- 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. The first national commission on labours was constituted on:
A)December 24, 1967
B)November 24, 1966
C)December 24, 1966.
D)November 24, 1967
Answer: December 24, 1966.
- 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. Unit Trust of India (UTI) was established in:
A)1904
B)1968
C)1964
D)1970
Answer: 1964
- 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. 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.
- Q. India changed over to the decimal system of coinage in
A)April 1957
B)April 1958
C)April 1995
D)April 1959
Answer: April 1957
- 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
C)I, II
D)II, III
Answer: II
- 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 Money Order system in India was introduced in the year :
A)1880
B)1999
C)1882
D)1904
Answer: 1880
- Q. Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to
A)SBI
B)NABARD
C)ARDC
D)PACs
Answer: NABARD
- Q. Indian state with highest road length is:
A)Uttar Pradesh
B)Maharashtra
C)Rajasthan
D)Andhra Pradesh
Answer: Maharashtra
- Q. Since the inception of the co-operative movement, rural credits has been
A)rationalized
B)institutionalized
C)cheapened
D)All of the above
Answer: All of the above
- Q. At present, the number of nationalized banks are:
A)17
B)19
C)15
D)12
Answer: 12
- Q. Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are
A)grant-in-aids
B)loans
C)tax sharing
D)All the above
Answer: All the above
- Q. Which company has started a rural marketing network called e-Chaupals?
A)Dabur
B)Procor and Gamble
C)ITC
D)Hindustan liver
Answer: ITC
- Q. Resurgent India bonds were issued in US dollar, Pound Sterling and
A)Deutsche Mark
B)Euro
C)Japanese Yen
D)French Franc
Answer: Deutsche Mark
- Q. Excess of Total Expenditure over total Receipts is :
A)Surplus Budget
B)Balanced Budget
C)Deficit Budget
D)None of the above
Answer: Deficit Budget
- 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 Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
A)1986
B)2006
C)1982
D)1975
Answer: 1975
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