More Questions on Indian Economy
- 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. 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. 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)
- Q. Gilt-edged market means
A)market of government securities
B)market of guns
C)bullion market
D)market of pure metals
Answer: market of government securities
- 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)Copper Area Development
C)Command Area Development (CAD)
D)Cop Authority Development
Answer: Command Area Development (CAD)
- Q. National Rural Health mission was launched in:
A)August 2005
B)October 2005
C)April 2005
D)July 2005
Answer: April 2005
- Q. The condition of indirect taxes in the country’s revenue is approximately
A)75 percent
B)80 percent
C)70 percent
D)86 percent
Answer: 86 percent
- Q. The chairman of 13th finance Commission was:
A)K C Neogy
B)Vijay L. Kelkar.
C)Nand Kishore Singh
D)Y V Reddy
Answer: Vijay L. Kelkar.
- 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)15 to 20 percent
C)25 to 30 percent
D)30 to 35 percent
Answer: 20 to 25 percent
- Q. Depreciation means
A)closure of a plant due to labour trouble
B)loss of equipment over time due to wear and tear
C)closure of a plant due to lock out
D)destruction of a plant in a fire accident
Answer: loss of equipment over time due to wear and tear
- Q. The co-operative credit societies have a
A)three-tier structure
B)two-tier structure
C)four-tier structure
D)five-tier structure
Answer: three-tier structure
- 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. Of the gross tax revenue of the Union Government the indirect taxes account for nearly
A)75 percent
B)65 percent
C)70 per cent
D)60 percent
Answer: 65 percent
- 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. 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. The Indian state which was the first to release state level Human Development Report in 1995 was:
A)Maharashtra
B)Madhya Pradesh
C)Kerala
D)Tamil Nadu
Answer: Madhya Pradesh
- Q. The total number of national highways in the country is:
A)528
B)228
C)328
D)499
Answer: E
- Q. National Rural Health mission was launched in:
A)August 2005
B)April 2005
C)October 2005
D)July 2005
Answer: April 2005
- Q. National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:
A)September 2003
B)October 2004
C)November 2004
D)January 2004
Answer: November 2004
- Q. Development expenditure of the Central government does not include
A)expenditure on economic services
B)expenditure on social and community services
C)defence expenditure
D)grant to states
Answer: defence expenditure
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