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. In the state of India, the State Financial Corporation have given assistance mainly to develop
    A)cottage industry
    B)large-scale industries
    C)agricultural farms
    D)medium and small-scale industries
    Answer: medium and small-scale industries
  • Q. If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
    A)Rs. 25,000 crores
    B)Rs. 1,00,000 crores
    C)Rs. 50,000 crores
    D)Rs. 1,25,000 crores
    Answer: Rs. 50,000 crores
  • 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
  • Q. The concept of zero-based budgeting was given by:
    A)Peter drucker
    B)Jagdish bhagwati
    C)Peter A. Payer.
    D)None of these
    Answer: Peter A. Payer.
  • Q. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
    A)decrease it
    B)no impact
    C)increase it
    D)None of the above
    Answer: increase it
  • Q. Which of the following is not viewed as a national debt?
    A)Life Insurance Policies
    B)Provident Fund
    C)National Saving Certificate
    D)Long-term Government Bonds
    Answer: National Saving Certificate
  • 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 annual yield from which of the following Union Government taxes is the highest?
    A)Corporation tax and income tax
    B)Inheritance tax, wealth tax, interest tax and gift tax
    C)Custom duties
    D)Excise duties
    Answer: Excise duties
  • 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. 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. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
    A)China
    B)Taiwan
    C)South Korea
    D)Japan
    Answer: Japan
  • Q. How many Regional Rural Bank (RRBs) are working in the country till 31st March,2010?
    A)81
    B)85
    C)82
    D)93
    Answer: 82
  • Q. National expenditure includes
    A)investment expenditure
    B)government expenditure
    C)consumption expenditure
    D)All of the above
    Answer: All of the above
  • Q. The first national commission on labours was constituted on:
    A)December 24, 1967
    B)November 24, 1966
    C)December 24, 1966.
    D)November 24, 1967
    Answer: December 24, 1966.
  • Q. Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?
    A)NITI Ayog
    B)The Comptroller General of Accounts
    C)RBI
    D)None of these
    Answer: The Comptroller General of Accounts
  • Q. In India Yellow revolution is associated with:
    A)production of oil seeds.
    B)production of flower
    C)production of tea
    D)production of paddy
    Answer: production of oil seeds.
  • Q. States earn maximum revenue through
    A)custom revenue
    B)commercial taxes
    C)land revenue
    D)excise duties on intoxicants
    Answer: commercial taxes
  • 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. Short-term finance is usually for a period ranging up to
    A)10 months
    B)12 months
    C)5 months
    D)15 months
    Answer: 12 months
  • Q. The currency convertibility concept in its original form originated in
    A)Bretton Woods Agreement
    B)Wells Agreement
    C)Taylors Agreement
    D)None of the above
    Answer: Bretton Woods Agreement

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