More Questions on Indian Economy
- Q. Redistribution polices geared to reduce economic inequalities include
A)land reforms
B)rural development policies
C)progressive tax policies
D)All the above
Answer: All the above
- Q. The first wholly Indian Bank was set up in
A)1894
B)1896
C)1794
D)1902
Answer: 1894
- Q. The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called
A)Statutory Liquid Ratio (SLR)
B)Central Bank Reserve (CBR)
C)Statutory Bank Ratio (SBR)
D)Central Liquid Reserve (CLR)
Answer: Statutory Liquid Ratio (SLR)
- Q. Devaluation of a currency means
A)reduction in external value/exchange value of currency by the government
B)reduction in currency value due to wear and tear
C)fall in exchange value of a country by market forces
D)all of the above
Answer: reduction in external value/exchange value of currency by the government
- 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. Navaratna Status is concerned with:
A)Private Sector Companies
B)Public Sector Companies
C)Both A and B
D)None of the above
Answer: Public Sector Companies
- Q. Non Tax revenues can be increased by improving the working of the
A)electricity boards
B)State Road Transport Corporations
C)commercial irrigation projects
D)All of the above
Answer: commercial irrigation projects
- Q. National Rural Health mission was launched in:
A)August 2005
B)October 2005
C)April 2005
D)July 2005
Answer: April 2005
- Q. What was the central theme of the Chipko Movement started by Sunderlal Bahuguna in 1973?
A)Conservation of river water
B)Conservation of Forests
C)Protection of birds
D)Protection of cheetals
Answer: Conservation of Forests
- Q. In the World, in the production of cotton, India ranks:
A)First
B)Third
C)Second
D)Fourth
Answer: Second
- Q. Open market operation is a part of:
A)Debit Policy
B)Credit Policy
C)Deposit Policy
D)None of these
Answer: Credit Policy
- Q. Income tax in India was introduced by:
A)James Wilson
B)Nicholas Kaldor
C)William Jones
D)Mahavir Tyagi
Answer: James Wilson
- Q. In the second nationalization of commercial banks, ___ banks were nationalized.
A)5
B)6
C)4
D)8
Answer: 6
- Q. Who is the author of the book Man and Economics?
A)Robert Mundel
B)Myron Scholes
C)Rudi Dornbusch
D)George Akerlof
Answer: Robert Mundel
- Q. The number of finance commissions set up upto now is:
A)14
B)13
C)15
D)16
Answer: 15
- Q. Reserve Bank of India was nationalized in the year
A)1945
B)1949
C)1935
D)1969
Answer: 1949
- Q. In the World, in the production of cotton, India ranks:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- 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. Finance Commission is constituted after every:
A)5 years
B)3 years
C)6 years
D)4 years
Answer: 5 years
- Q. At present, the number of nationalized banks are:
A)17
B)15
C)19
D)12
Answer: 12
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