More Questions on Indian Economy
- Q. The share of road transport in total transportation of the country is:
A)70%
B)75%
C)60%
D)80%
Answer: 80%
- 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. Reserve Bank of India was nationalized in the year
A)1945
B)1935
C)1949
D)1969
Answer: 1949
- Q. In November 2007, the finance commission constituted by the president of India was:
A)Tenth
B)Ninth
C)Thirteenth
D)Eleventh
Answer: Thirteenth
- 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. Foreign Direct Investment ceiling in the telecom sector have been raised from 74 percent to
A)83 percent
B)80 percent
C)90 percent
D)100 percent
Answer: 100 percent
- 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. Paper currency first started in India in
A)1542
B)1861
C)1601
D)1880
Answer: 1861
- Q. Asia’s first Export processing Zone (EPZ) was established in:
A)Cochin
B)Surat
C)Kandla
D)Chennai
Answer: Kandla
- Q. Where was first gold refinery established?
A)Shirpur (Maharashtra)
B)Bangalore (Karnataka)
C)Ahmedabad (Gujarat)
D)Mumbai (Maharashtra)
Answer: Shirpur (Maharashtra)
- 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. In India, the second largest provider of employment after agriculture is:
A)Chemical Sector
B)Textile Sector
C)Iron and Steel Sector
D)Telecommunication sector
Answer: Textile Sector
- Q. The share of road transport in total transportation of the country is:
A)70%
B)60%
C)75%
D)80%
Answer: 80%
- Q. Reserve Bank of India will soon release plastic notes in circulation will be of :
A)Rs 20 notes
B)Rs 100 notes
C)Rs 50 notes
D)Rs 10 notes
Answer: Rs 10 notes
- Q. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
A)will increase
B)will neither increase nor decrease
C)will decrease
D)None of the above
Answer: will neither increase nor decrease
- Q. Which of the following is not an undertaking under the administrative control of Ministry of Railways?
A)Konkan Railway Corporation Limited
B)Indian Railways Construction Company Limited
C)Container Corporation of India 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. During which five year plan was the annual growth rate registered at 2.5%?
A)First Five Year Plan (1961-66)
B)Second Five Year Plan (1961-66)
C)Fourth Five Year Plan (1961-66)
D)Third Five Year Plan (1961-66)
Answer: Third Five Year Plan (1961-66)
- Q. Debenture holders of a company are its
A)creditors
B)shareholders
C)debtors
D)directors
Answer: creditors
- Q. When personal direct taxes are subtracted from personal income the obtained value is called:
A)National Income
B)Gross National Product (GNP)
C)Gross Domestic Product (GDP)
D)Personal Income
Answer: Gross National Product (GNP)
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