More Questions on Indian Economy
- Q. The number of finance commissions set up upto now is:
A)14
B)13
C)15
D)16
Answer: 15
- Q. The number of finance commissions set up upto now is:
A)14
B)15
C)13
D)16
Answer: 15
- 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. Where was first gold refinery established?
A)Shirpur (Maharashtra)
B)Bangalore (Karnataka)
C)Ahmedabad (Gujarat)
D)Mumbai (Maharashtra)
Answer: Shirpur (Maharashtra)
- Q. What is the objective of ‘Sangam Yojna 1996’?
A)To make Ganga water pollution free
B)To increase the welfare of the disabled
C)To make Sangam region of Allahabad more attractive for tourists
D)To unite, various groups of Hindus
Answer: To increase the welfare of the disabled
- Q. SEBI which was established in April 1988 stands for:
A)Securities and Exchange Board of India
B)Share and Exchange Board of India
C)Securities and Exchange Bureau of India
D)Security and Economic Board of India
Answer: Securities and Exchange Board of India
- Q. India changed over to the decimal system of coinage in
A)April 1957
B)April 1995
C)April 1958
D)April 1959
Answer: April 1957
- 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. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation
A)I
B)I, II, III
C)I, II
D)II, III, IV
Answer: I, II, III
- Q. The current price index (base 1960) is nearly 330. This means that
A)the prices of certain selected items have gone up to 3-3 times
B)all items cost 3-3 times more than what they did in 1960
C)weighted means of prices of certain item has increased 3-3 times
D)gold price has gone up 3-3 times
Answer: weighted means of prices of certain item has increased 3-3 times
- Q. States earn maximum revenue through
A)custom revenue
B)commercial taxes
C)land revenue
D)excise duties on intoxicants
Answer: commercial taxes
- Q. In coal production, India ranks in the world:
A)First
B)Third
C)Second
D)Fourth
Answer: Second
- Q. In the World, in the production of cotton, India ranks:
A)First
B)Second
C)Third
D)Fourth
Answer: Second
- 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. India’s share in textiles trade of the world is:
A)6%
B)4%
C)8%
D)10%
Answer: 6%
- Q. The Money Order system in India was introduced in the year :
A)1880
B)1882
C)1999
D)1904
Answer: 1880
- Q. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
A)20 to 25 percent
B)25 to 30 percent
C)15 to 20 percent
D)30 to 35 percent
Answer: 20 to 25 percent
- Q. The annual yield from which of the following Union Government taxes is the highest?
A)Corporation tax and income tax
B)Custom duties
C)Inheritance tax, wealth tax, interest tax and gift tax
D)Excise duties
Answer: Excise duties
- 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
- Q. National Rural Health mission was launched in:
A)August 2005
B)October 2005
C)April 2005
D)July 2005
Answer: April 2005
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