Indian Economy

Q. Which of the following is not an undertaking under the administrative control of Ministry of Railways?

A
Konkan Railway Corporation Limited
B
Container Corporation of India Limited
C
Indian Railways Construction Company Limited
D
Diesel Locomotive Works, Varanasi

Correct Answer

Indian Railways Construction Company Limited

More Questions on Indian Economy

  • Q. Asia’s first Export processing Zone (EPZ) was established in:
    A)Cochin
    B)Kandla
    C)Surat
    D)Chennai
    Answer: Kandla
  • Q. The first wholly Indian Bank was set up in
    A)1894
    B)1794
    C)1896
    D)1902
    Answer: 1894
  • 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. Since the inception of the co-operative movement, rural credits has been
    A)rationalized
    B)institutionalized
    C)cheapened
    D)All of the above
    Answer: All of the above
  • Q. Unit Trust of India (UTI) was established in:
    A)1904
    B)1964
    C)1968
    D)1970
    Answer: 1964
  • Q. The first fully Indian Bank is:
    A)Central Bank of India
    B)Canara Bank
    C)Punjab National Bank
    D)State Bank of India
    Answer: Punjab National Bank
  • 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. 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. Earn While you Learn scheme has been launched by:
    A)Ministry of Youth
    B)Ministry of Tourism
    C)Both A and B
    D)None of these
    Answer: Ministry of Tourism
  • Q. The banks are required to maintain a certain ratio between their cash in the hand and total assets. This is called
    A)Statutory Liquid Ratio (SLR)
    B)Central Bank Reserve (CBR)
    C)Statutory Bank Ratio (SBR)
    D)Central Liquid Reserve (CLR)
    Answer: Statutory Liquid Ratio (SLR)
  • Q. Which of the following is not an undertaking under the administrative control of Ministry of Railways?
    A)Konkan Railway Corporation Limited
    B)Container Corporation of India Limited
    C)Indian Railways Construction Company Limited
    D)Diesel Locomotive Works, Varanasi
    Answer: Indian Railways Construction Company Limited
  • Q. Income tax in India was introduced by:
    A)James Wilson
    B)William Jones
    C)Nicholas Kaldor
    D)Mahavir Tyagi
    Answer: James Wilson
  • 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
  • Q. Excise duty is a tax levied on the
    A)export of goods
    B)production of goods
    C)import of goods
    D)sale of goods
    Answer: production of goods
  • Q. The Ministry and programme Implementation – as an independent Ministry came into existence on :
    A)January 15, 1998
    B)September 15, 1999
    C)October 15, 1999
    D)June 15, 1999
    Answer: October 15, 1999
  • Q. In India, the second largest provider of employment after agriculture is:
    A)Chemical Sector
    B)Iron and Steel Sector
    C)Textile Sector
    D)Telecommunication sector
    Answer: Textile Sector
  • Q. Short-term finance is usually for a period ranging up to
    A)10 months
    B)5 months
    C)12 months
    D)15 months
    Answer: 12 months
  • 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 Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in:
    A)1986
    B)2006
    C)1982
    D)1975
    Answer: 1975

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