Q. Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of:

Correct Answer

Raghuram G. Rajan

More Questions on Indian Economy

  • 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. Laadli Laxmi Yojana has been launched for supporting girls of all religions and caste up to their marriage by:
    A)Madhya Pradesh government
    B)Haryana
    C)Uttar Pradesh government
    D)none of the above
    Answer: Madhya Pradesh government
  • Q. The number of finance commissions set up upto now is:
    A)14
    B)13
    C)15
    D)16
    Answer: 15
  • Q. In coal production, India ranks in the world:
    A)First
    B)Second
    C)Third
    D)Fourth
    Answer: Second
  • Q. India changed over to the decimal system of coinage in
    A)April 1957
    B)April 1995
    C)April 1958
    D)April 1959
    Answer: April 1957
  • Q. The apex body for formulating plans and coordinating research work in agriculture and allied fields is
    A)Regional Rural Banks
    B)National Bank for Agriculture and Rural Development (NABARD)
    C)State Trading Corporation
    D)Indian Council of Agricultural Research
    Answer: Indian Council of Agricultural Research
  • Q. Excess of Total Expenditure over total Receipts is :
    A)Surplus Budget
    B)Deficit Budget
    C)Balanced Budget
    D)None of the above
    Answer: Deficit Budget
  • Q. One rupee currency note in India bears the signature of-
    A)Finance minister of India
    B)Governor (RBI)
    C)The president of India
    D)Finance secretary of Government of India
    Answer: Finance secretary of Government of India
  • Q. Debenture holders of a company are its
    A)creditors
    B)debtors
    C)shareholders
    D)directors
    Answer: creditors
  • 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. In India, inflation measured by the
    A)Consumers Price Index for urban non-manual workers
    B)Consumers Price Index for agricultural workers
    C)Wholesale Price Index number
    D)National Income Deflation
    Answer: Wholesale Price Index number
  • Q. The first wholly Indian Bank was set up in
    A)1894
    B)1794
    C)1896
    D)1902
    Answer: 1894
  • Q. As per the 2009-10, data the commodity with highest share in total export value was:
    A)Engineering goods
    B)Petroleum products
    C)Gems and Jewellery.
    D)Rice
    Answer: Gems and Jewellery.
  • Q. Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of:
    A)Raghuram G. Rajan
    B)Bimal Jalan
    C)K.V. Kamath
    D)None of these
    Answer: Raghuram G. Rajan
  • 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
  • Q. Who is the author of the book Man and Economics?
    A)Robert Mundel
    B)Rudi Dornbusch
    C)Myron Scholes
    D)George Akerlof
    Answer: Robert Mundel
  • Q. Finance Commission is constituted after every:
    A)5 years
    B)3 years
    C)6 years
    D)4 years
    Answer: 5 years
  • Q. On which one of the following is the benefits received principle of taxation to achieve optimality bases?
    A)Total benefit received
    B)Marginal benefit received
    C)Average benefit received
    D)Ability to pay for the benefit
    Answer: Ability to pay for the benefit
  • Q. Navaratna Status is concerned with:
    A)Private Sector Companies
    B)Both A and B
    C)Public Sector Companies
    D)None of the above
    Answer: Public Sector Companies
  • Q. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
    A)decrease it
    B)no impact
    C)increase it
    D)None of the above
    Answer: increase it

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