Q. Resurgent India bonds were issued in US dollar, Pound Sterling and

Correct Answer

Deutsche Mark

More Questions on Indian Economy

  • Q. India’s share in textiles trade of the world is:
    A)6%
    B)4%
    C)8%
    D)10%
    Answer: 6%
  • Q. The currency convertibility concept in its original form originated in
    A)Bretton Woods Agreement
    B)Taylors Agreement
    C)Wells Agreement
    D)None of the above
    Answer: Bretton Woods Agreement
  • Q. Gilt-edged market means
    A)market of government securities
    B)market of guns
    C)bullion market
    D)market of pure metals
    Answer: market of government securities
  • 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. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
    A)1986
    B)1982
    C)2006
    D)1975
    Answer: 1975
  • Q. Where was first gold refinery established?
    A)Shirpur (Maharashtra)
    B)Ahmedabad (Gujarat)
    C)Bangalore (Karnataka)
    D)Mumbai (Maharashtra)
    Answer: Shirpur (Maharashtra)
  • 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. 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. Which of the following is not an undertaking under the administrative control of Ministry of Railways?
    A)Konkan Railway Corporation Limited
    B)Container Corporation of India Limited
    C)Indian Railways Construction Company Limited
    D)Diesel Locomotive Works, Varanasi
    Answer: Indian Railways Construction Company Limited
  • Q. Since the inception of the co-operative movement, rural credits has been
    A)rationalized
    B)cheapened
    C)institutionalized
    D)All of the above
    Answer: All of the above
  • Q. Meera Seth committee was related to:
    A)sex discrimination at work place
    B)female foeticide
    C)Development of Handlooms
    D)Banking sector
    Answer: Development of Handlooms
  • Q. Asia’s first Export processing Zone (EPZ) was established in:
    A)Cochin
    B)Kandla
    C)Surat
    D)Chennai
    Answer: Kandla
  • 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. 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. If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
    A)Rs. 25,000 crores
    B)Rs. 1,00,000 crores
    C)Rs. 50,000 crores
    D)Rs. 1,25,000 crores
    Answer: Rs. 50,000 crores
  • Q. The Mid Day Meal scheme was launched on
    A)August 15, 1992
    B)August 15, 2000
    C)August 15, 1995
    D)August 15, 2001
    Answer: August 15, 1995
  • 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)Command Area Development (CAD)
    C)Copper Area Development
    D)Cop Authority Development
    Answer: Command Area Development (CAD)
  • Q. In India Yellow revolution is associated with:
    A)production of oil seeds.
    B)production of tea
    C)production of flower
    D)production of paddy
    Answer: production of oil seeds.
  • Q. In India, inflation measured by the
    A)Consumers Price Index for urban non-manual workers
    B)Wholesale Price Index number
    C)Consumers Price Index for agricultural workers
    D)National Income Deflation
    Answer: Wholesale Price Index number
  • Q. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
    A)Services sector
    B)Food processing
    C)Chemicals other than fertilizers
    D)Telecommunication
    Answer: Telecommunication

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