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. Who is the author of the book Man and Economics?
    A)Robert Mundel
    B)Myron Scholes
    C)Rudi Dornbusch
    D)George Akerlof
    Answer: Robert Mundel
  • Q. Which state of India ranks first in milk production as per the data of the year 2009-10?
    A)Jharkhand
    B)Bihar
    C)Uttar Pradesh
    D)West Bengal
    Answer: Uttar Pradesh
  • Q. The largest producer of Coffee in the country is:
    A)Tamil Nadu
    B)Kerala
    C)Andhra Pradesh
    D)Karnataka
    Answer: Karnataka
  • Q. In the world in terms of Railway Network system India ranks:
    A)first
    B)second
    C)fourth
    D)third
    Answer: fourth
  • Q. The number of finance commissions set up upto now is:
    A)14
    B)15
    C)13
    D)16
    Answer: 15
  • Q. The central banking functions in India are performed by the I=Central Bank of India II=Reserve Bank of India III=State Bank of India IV=Punjab National Bank
    A)II
    B)I
    C)I, II
    D)II, III
    Answer: II
  • Q. The budget deficit means
    A)difference between revenue receipts and revenue expenditure
    B)the excess of total expenditure, including loans, net of lending over revenue receipts
    C)difference between all receipts and all the expenditure
    D)fiscal deficit less interest payments
    Answer: difference between all receipts and all the expenditure
  • Q. India’s share in textiles trade of the world is:
    A)6%
    B)4%
    C)8%
    D)10%
    Answer: 6%
  • Q. The central co-operative banks are in direct touch with
    A)state co-operative banks
    B)land development banks
    C)farmers
    D)central government
    Answer: state co-operative banks
  • 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. States earn maximum revenue through
    A)custom revenue
    B)land revenue
    C)commercial taxes
    D)excise duties on intoxicants
    Answer: commercial taxes
  • Q. National Electricity Policy envisages elimination of power shortage by 2012 through addition of:
    A)75000 Megawatt
    B)100000 Megawatt.
    C)50000 Megawatt
    D)125000 Megawatt
    Answer: 100000 Megawatt.
  • Q. The central banking functions in India are performed by the I=Central Bank of India II=Reserve Bank of India III=State Bank of India IV=Punjab National Bank
    A)II
    B)I, II
    C)I
    D)II, III
    Answer: II
  • Q. Indian state with highest road length is:
    A)Uttar Pradesh
    B)Rajasthan
    C)Maharashtra
    D)Andhra Pradesh
    Answer: Maharashtra
  • Q. Monopolies and restrictive Trade practices (MRTP) act was passed in:
    A)1969
    B)1970
    C)1971
    D)1968
    Answer: 1969
  • Q. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
    A)Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
    B)Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
    C)Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
    D)Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
    Answer: Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
  • Q. Of the gross tax revenue of the Union Government the indirect taxes account for nearly
    A)75 percent
    B)70 per cent
    C)65 percent
    D)60 percent
    Answer: 65 percent
  • Q. The currency convertibility concept in its original form originated in
    A)Bretton Woods Agreement
    B)Taylors Agreement
    C)Wells Agreement
    D)None of the above
    Answer: Bretton Woods Agreement
  • Q. In India, inflation measured by the
    A)Consumers Price Index for urban non-manual workers
    B)Wholesale Price Index number
    C)Consumers Price Index for agricultural workers
    D)National Income Deflation
    Answer: Wholesale Price Index number
  • 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

Leave a Comment