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. 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 food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
    A)September 2003
    B)November 2004
    C)October 2004
    D)January 2004
    Answer: November 2004
  • Q. The apex body for formulating plans and coordinating research work in agriculture and allied fields is
    A)Regional Rural Banks
    B)State Trading Corporation
    C)National Bank for Agriculture and Rural Development (NABARD)
    D)Indian Council of Agricultural Research
    Answer: Indian Council of Agricultural Research
  • 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. In India, which one among the following formulates the fiscal policy?
    A)Ministry of Finance
    B)Planning Commission
    C)Finance Commission
    D)The Reserve Bank of India
    Answer: Ministry of Finance
  • Q. Who gave the call for Evergreen Revolution?
    A)Verghese Kurien
    B)M. S. Swaminathan
    C)Tribhuvandas Patel
    D)H. M. Dalaya
    Answer: M. S. Swaminathan
  • Q. The total number of national highways in the country is:
    A)528
    B)228
    C)328
    D)499
    Answer: E
  • Q. During which five Year plan was phase of heavy industrialization initiated?
    A)First five year plan
    B)Third five year plan
    C)Second five year plan.
    D)Fourth five year plan
    Answer: Second five year plan.
  • Q. Depreciation means
    A)closure of a plant due to labour trouble
    B)closure of a plant due to lock out
    C)loss of equipment over time due to wear and tear
    D)destruction of a plant in a fire accident
    Answer: loss of equipment over time due to wear and tear
  • Q. In the state of India, the State Financial Corporation have given assistance mainly to develop
    A)cottage industry
    B)agricultural farms
    C)large-scale industries
    D)medium and small-scale industries
    Answer: medium and small-scale industries
  • Q. The first Apparel Park in India has been established in:
    A)Tirupur (Tamil Nadu)
    B)Both A and B
    C)Punalur (Kerala)
    D)None of the above
    Answer: Tirupur (Tamil Nadu)
  • Q. In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines
    A)to reduce the freedom given to banks to rationalize their existing branch network
    B)to govern entry of new private sector banks to make the banking sector more competitive
    C)to setup more foreign exchange banks
    D)to lend more easily for industrial development
    Answer: to govern entry of new private sector banks to make the banking sector more competitive
  • 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. 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. Who gave the call for Evergreen Revolution?
    A)Verghese Kurien
    B)Tribhuvandas Patel
    C)M. S. Swaminathan
    D)H. M. Dalaya
    Answer: M. S. Swaminathan
  • 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. 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. In the world in terms of Railway Network system India ranks:
    A)first
    B)second
    C)fourth
    D)third
    Answer: fourth
  • Q. Which company has started a rural marketing network called e-Chaupals?
    A)Dabur
    B)ITC
    C)Procor and Gamble
    D)Hindustan liver
    Answer: ITC
  • Q. For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America?
    A)Bank of Baroda
    B)Punjab National Bank
    C)State Bank of India
    D)Central Bank of India
    Answer: Punjab National Bank

Leave a Comment