Indian Economy

Q. Unit Trust of India (UTI) was established in:

A
1904
B
1968
C
1964
D
1970

Correct Answer

1964

More Questions on Indian Economy

  • Q. Ten rupee notes contain the signature of:
    A)Chairman, SBI
    B)Finance Secretary, GOI
    C)Governor, RBI
    D)Finance Minister , GOI
    Answer: Governor, RBI
  • Q. Finance Commission is constituted after every:
    A)5 years
    B)6 years
    C)3 years
    D)4 years
    Answer: 5 years
  • Q. If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
    A)Rs 500
    B)Rs 400
    C)Rs 1000
    D)Rs 300
    Answer: Rs 300
  • Q. Inflation is measured in India on the basis of which ‘Index’?
    A)Consumer Price Index for urban workers
    B)Consumer Price Index for agricultural workers
    C)Wholesale Price Index
    D)National income deflation
    Answer: Wholesale Price Index
  • Q. With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?
    A)China
    B)South Korea
    C)Taiwan
    D)Japan
    Answer: Japan
  • Q. Open market operation is a part of:
    A)Debit Policy
    B)Deposit Policy
    C)Credit Policy
    D)None of these
    Answer: Credit Policy
  • Q. The apex body for formulating plans and coordinating research work in agriculture and allied fields is
    A)Regional Rural Banks
    B)State Trading Corporation
    C)National Bank for Agriculture and Rural Development (NABARD)
    D)Indian Council of Agricultural Research
    Answer: Indian Council of Agricultural Research
  • 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. The ARDC is now a branch of the
    A)NABARD
    B)RBI
    C)IDBI
    D)SDBI
    Answer: NABARD
  • Q. In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this? I=A large number of farmers are illiterate and know little about scientific agricultureII=Prices of primary products are lower than those of manufactured products III=Investment in agriculture has been low when compared to investment in industry
    A)I, II
    B)I, II, III
    C)I, III
    D)II, III
    Answer: I, II, III
  • 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. States earn maximum revenue through
    A)custom revenue
    B)commercial taxes
    C)land revenue
    D)excise duties on intoxicants
    Answer: commercial taxes
  • Q. Laadli Laxmi Yojana has been launched for supporting girls of all religions and caste up to their marriage by:
    A)Madhya Pradesh government
    B)Uttar Pradesh government
    C)Haryana
    D)none of the above
    Answer: Madhya Pradesh government
  • Q. In the world in terms of Railway Network system India ranks:
    A)first
    B)second
    C)fourth
    D)third
    Answer: fourth
  • 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. In India the first bank of limited liability managed by Indian and founded in 1881 was:
    A)Hindustan Commercial Bank
    B)Oudh commercial Bank.
    C)Punjab National Bank
    D)Punjab and Sind Bank
    Answer: Oudh commercial Bank.
  • Q. Project ‘Sankalp’ is associated with the elimination of:
    A)AIDS/HIV
    B)Both A and B
    C)Polio
    D)None of the above
    Answer: AIDS/HIV
  • 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. Aam Admi Bima Yojana was launched on:
    A)March 5, 2009
    B)November 14, 2011
    C)March 10, 2008
    D)October 2, 2007
    Answer: October 2, 2007
  • Q. Devaluation of currency leads to
    A)increase in domestic prices
    B)fall in domestic prices
    C)no impact on domestic prices
    D)erratic fluctuations in domestic prices
    Answer: increase in domestic prices

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