Indian Economy

Q. The main rubber producing state in the country is:

A
Tamil Nadu
B
Kerala
C
Karnataka
D
Hyderabad

Correct Answer

Kerala

More Questions on Indian Economy

  • Q. The total number of national highways in the country is:
    A)528
    B)228
    C)328
    D)499
    Answer: E
  • Q. If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
    A)equal to government income
    B)zero
    C)larger than government income
    D)negative
    Answer: equal to government income
  • Q. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
    A)Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
    B)Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
    C)Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
    D)Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
    Answer: Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
  • Q. Which company has started a rural marketing network called e-Chaupals?
    A)Dabur
    B)Procor and Gamble
    C)ITC
    D)Hindustan liver
    Answer: ITC
  • 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 India the term Black Revolution is associated with:
    A)Nurturing the Black Soil
    B)Self-dependence in the production of petroleum crude oil
    C)Self-dependence in the production of coal
    D)Self-dependence in the production of balck corp
    Answer: Self-dependence in the production of petroleum crude oil
  • Q. On which one of the following is the benefits received principle of taxation to achieve optimality bases?
    A)Total benefit received
    B)Average benefit received
    C)Marginal benefit received
    D)Ability to pay for the benefit
    Answer: Ability to pay for the benefit
  • Q. On July 12, 1982, the ARDC was merged into
    A)NABARD
    B)EXIM Bank
    C)RBI
    D)None of the above
    Answer: NABARD
  • Q. Excess of Total Expenditure over total Receipts is :
    A)Surplus Budget
    B)Balanced Budget
    C)Deficit Budget
    D)None of the above
    Answer: Deficit Budget
  • Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
    A)1998
    B)1997
    C)1999
    D)2000
    Answer: 1999
  • 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)weighted means of prices of certain item has increased 3-3 times
    C)all items cost 3-3 times more than what they did in 1960
    D)gold price has gone up 3-3 times
    Answer: weighted means of prices of certain item has increased 3-3 times
  • Q. In coal production, India ranks in the world:
    A)First
    B)Third
    C)Second
    D)Fourth
    Answer: Second
  • Q. Which of the following is not viewed as a national debt?
    A)Life Insurance Policies
    B)National Saving Certificate
    C)Provident Fund
    D)Long-term Government Bonds
    Answer: National Saving Certificate
  • Q. In April 1980 how many banks were nationalized?
    A)eight banks
    B)five banks
    C)six banks
    D)nine banks
    Answer: six banks
  • Q. National Rural Health mission was launched in:
    A)August 2005
    B)October 2005
    C)April 2005
    D)July 2005
    Answer: April 2005
  • Q. During which five Year plan was phase of heavy industrialization initiated?
    A)First five year plan
    B)Second five year plan.
    C)Third five year plan
    D)Fourth five year plan
    Answer: Second five year plan.
  • Q. Deficit financing implies
    A)replacing new currency with worn out currency
    B)public expenditure in excess of public revenue
    C)printing new currency notes
    D)public revenue in excess of public expenditure
    Answer: public expenditure in excess of public revenue
  • Q. The Money Order system in India was introduced in the year :
    A)1880
    B)1882
    C)1999
    D)1904
    Answer: 1880
  • Q. Who is the author of the book Man and Economics?
    A)Robert Mundel
    B)Rudi Dornbusch
    C)Myron Scholes
    D)George Akerlof
    Answer: Robert Mundel
  • Q. In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines
    A)to reduce the freedom given to banks to rationalize their existing branch network
    B)to govern entry of new private sector banks to make the banking sector more competitive
    C)to setup more foreign exchange banks
    D)to lend more easily for industrial development
    Answer: to govern entry of new private sector banks to make the banking sector more competitive

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