More Questions on Indian Economy
- Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
A)Hindustan Commercial Bank
B)Punjab National Bank
C)Oudh commercial Bank.
D)Punjab and Sind Bank
Answer: Oudh commercial Bank.
- Q. Paper currency first started in India in
A)1542
B)1601
C)1861
D)1880
Answer: 1861
- Q. The ARDC is now a branch of the
A)NABARD
B)RBI
C)IDBI
D)SDBI
Answer: NABARD
- Q. How many banks were nationalized in 1969?
A)14
B)16
C)15
D)20
Answer: 14
- Q. In the world in terms of Railway Network system India ranks:
A)first
B)second
C)fourth
D)third
Answer: fourth
- Q. States earn maximum revenue through
A)custom revenue
B)land revenue
C)commercial taxes
D)excise duties on intoxicants
Answer: commercial taxes
- Q. The Ex-Officio Secretary of National Development Council is:
A)General Secretary of Lok Sabha
B)Secretary of Planning Commission
C)Secretary of Finance Ministry
D)Vice Chairman of Planning Commission
Answer: Secretary of Planning Commission
- Q. National expenditure includes
A)investment expenditure
B)consumption expenditure
C)government expenditure
D)All of the above
Answer: All of the above
- 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. 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. The largest producer of Coffee in the country is:
A)Tamil Nadu
B)Kerala
C)Andhra Pradesh
D)Karnataka
Answer: Karnataka
- Q. Finance Commission is constituted after every:
A)5 years
B)6 years
C)3 years
D)4 years
Answer: 5 years
- Q. Which state of India ranks first in milk production as per the data of the year 2009-10?
A)Jharkhand
B)Bihar
C)Uttar Pradesh
D)West Bengal
Answer: Uttar Pradesh
- Q. National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
A)September 2003
B)October 2004
C)November 2004
D)January 2004
Answer: November 2004
- Q. How many banks were nationalized in 1969?
A)14
B)15
C)16
D)20
Answer: 14
- Q. Devaluation of currency will be more beneficial if
A)prices of exports remain constant
B)prices of imports remains constant
C)prices of domestic goods remain constant
D)prices of exports rise proportionately
Answer: prices of exports remain constant
- 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. A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as:
A)Statutory Liquidity Ratio (SLR)
B)Bank rate
C)Cash Reserve Ratio (CRR)
D)Mandatory deposit
Answer: Cash Reserve Ratio (CRR)
- Q. Whose name is associated with formulation of planning strategy in Second five Year plan?
A)Jawahar Lal Nehru
B)Prasanta Chandra Mahalanobis
C)Mahatma Gandhi
D)B.R. Shenoy
Answer: Prasanta Chandra Mahalanobis
- Q. How many Regional Rural Bank (RRBs) are working in the country till 31st March,2010?
A)81
B)82
C)85
D)93
Answer: 82
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