Indian Economy

Q. The Money Order system in India was introduced in the year :

A
1880
B
1882
C
1999
D
1904

Correct Answer

1880

More Questions on Indian Economy

  • Q. As per the 2009-10, data the commodity with highest share in total export value was:
    A)Engineering goods
    B)Gems and Jewellery.
    C)Petroleum products
    D)Rice
    Answer: Gems and Jewellery.
  • 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. Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?
    A)NITI Ayog
    B)RBI
    C)The Comptroller General of Accounts
    D)None of these
    Answer: The Comptroller General of Accounts
  • Q. In the world in terms of Railway Network system India ranks:
    A)first
    B)second
    C)fourth
    D)third
    Answer: fourth
  • Q. Income tax in India was introduced by:
    A)James Wilson
    B)Nicholas Kaldor
    C)William Jones
    D)Mahavir Tyagi
    Answer: James Wilson
  • Q. Meera Seth committee was related to:
    A)sex discrimination at work place
    B)female foeticide
    C)Development of Handlooms
    D)Banking sector
    Answer: Development of Handlooms
  • Q. National Income estimates in India is prepared by:
    A)Reserve Bank Of India
    B)Central Statistical Organisation (CSO)
    C)Planning Commission
    D)Indian Statistical Institute
    Answer: Central Statistical Organisation (CSO)
  • Q. Finance Commission is constituted after every:
    A)5 years
    B)6 years
    C)3 years
    D)4 years
    Answer: 5 years
  • Q. Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
    A)500 rupee
    B)100 rupee
    C)1000 rupee
    D)All of the above
    Answer: All of the above
  • Q. Paper currency first started in India in
    A)1542
    B)1861
    C)1601
    D)1880
    Answer: 1861
  • Q. The national food for work programme was launched in:
    A)April 2003
    B)May 2002
    C)November 2004
    D)April 2000
    Answer: November 2004
  • Q. The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is:
    A)Cordial Area Development
    B)Command Area Development (CAD)
    C)Copper Area Development
    D)Cop Authority Development
    Answer: Command Area Development (CAD)
  • Q. Devaluation of a currency means
    A)reduction in external value/exchange value of currency by the government
    B)fall in exchange value of a country by market forces
    C)reduction in currency value due to wear and tear
    D)all of the above
    Answer: reduction in external value/exchange value of currency by the government
  • Q. Devaluation of currency will be more beneficial if
    A)prices of exports remain constant
    B)prices of domestic goods remain constant
    C)prices of imports remains constant
    D)prices of exports rise proportionately
    Answer: prices of exports remain constant
  • 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. Gilt-edged market means
    A)market of government securities
    B)bullion market
    C)market of guns
    D)market of pure metals
    Answer: market of government securities
  • Q. Open market operation is a part of:
    A)Debit Policy
    B)Credit Policy
    C)Deposit Policy
    D)None of these
    Answer: Credit Policy
  • Q. National Agricultural Insurance Scheme replacing Comprehensive Crop Insurance Scheme was introduced in the year
    A)1998
    B)1999
    C)1997
    D)2000
    Answer: 1999
  • Q. Monopolies and restrictive Trade practices (MRTP) act was passed in:
    A)1969
    B)1970
    C)1971
    D)1968
    Answer: 1969
  • Q. If the RBI adopted an expansionist open market operations policy, this means that it will
    A)sell securities in the open market
    B)buy securities from non-government holders
    C)offer commercial banks more credit in the open market
    D)openly announce to the market that it intends to expand credit
    Answer: offer commercial banks more credit in the open market

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