More Questions on Indian Economy
- 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)Haryana
C)Uttar Pradesh government
D)none of the above
Answer: Madhya Pradesh government
- 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. 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. 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. Resurgent India bonds were issued in US dollar, Pound Sterling and
A)Deutsche Mark
B)Japanese Yen
C)Euro
D)French Franc
Answer: Deutsche Mark
- 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. The first national commission on labours was constituted on:
A)December 24, 1967
B)December 24, 1966.
C)November 24, 1966
D)November 24, 1967
Answer: December 24, 1966.
- Q. The Ministry and programme Implementation – as an independent Ministry came into existence on :
A)January 15, 1998
B)October 15, 1999
C)September 15, 1999
D)June 15, 1999
Answer: October 15, 1999
- Q. Which of the following is the most appropriate cause of export surplus?
A)Country's stringent import policy
B)Developments in national and international markets
C)Country's exports promotion value
D)None of the above
Answer: Developments in national and international markets
- 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 employment and output - change in rate of interest - change in price level
C)Change in quantity of money - change in investment - change in rate of interest - change in employment and output - 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. In pursuance with the recommendations of Narsimham Committee, the RBI has framed new guidelines
A)to reduce the freedom given to banks to rationalize their existing branch network
B)to setup more foreign exchange banks
C)to govern entry of new private sector banks to make the banking sector more competitive
D)to lend more easily for industrial development
Answer: to govern entry of new private sector banks to make the banking sector more competitive
- 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. Paper currency first started in India in
A)1542
B)1861
C)1601
D)1880
Answer: 1861
- Q. Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections
A)II, III
B)I, III
C)I, II, III
D)I, II
Answer: I, II
- 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. Reserve Bank of India will soon release plastic notes in circulation will be of :
A)Rs 20 notes
B)Rs 50 notes
C)Rs 100 notes
D)Rs 10 notes
Answer: Rs 10 notes
- 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. Whose name is associated with formulation of planning strategy in Second five Year plan?
A)Jawahar Lal Nehru
B)Mahatma Gandhi
C)Prasanta Chandra Mahalanobis
D)B.R. Shenoy
Answer: Prasanta Chandra Mahalanobis
- Q. Regional rural banks I=have limited area of operation II=have free access to liberal refinance facilities from NABARD III=are required to lend only to weaker sections
A)II, III
B)I, II, III
C)I, III
D)I, II
Answer: I, II
- Q. In India, the second largest provider of employment after agriculture is:
A)Chemical Sector
B)Textile Sector
C)Iron and Steel Sector
D)Telecommunication sector
Answer: Textile Sector
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