More Questions on Indian Economy
- Q. Development expenditure of the Central government does not include
A)expenditure on economic services
B)defence expenditure
C)expenditure on social and community services
D)grant to states
Answer: defence expenditure
- 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. 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. Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to
A)SBI
B)ARDC
C)NABARD
D)PACs
Answer: NABARD
- Q. Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to
A)SBI
B)NABARD
C)ARDC
D)PACs
Answer: NABARD
- 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. 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. India changed over to the decimal system of coinage in
A)April 1957
B)April 1995
C)April 1958
D)April 1959
Answer: April 1957
- Q. The Mid Day Meal scheme was launched on
A)August 15, 1992
B)August 15, 1995
C)August 15, 2000
D)August 15, 2001
Answer: August 15, 1995
- 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. The concept of zero-based budgeting was given by:
A)Peter drucker
B)Jagdish bhagwati
C)Peter A. Payer.
D)None of these
Answer: Peter A. Payer.
- Q. Asia’s first Export processing Zone (EPZ) was established in:
A)Cochin
B)Surat
C)Kandla
D)Chennai
Answer: Kandla
- 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. 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. The association of the rupee with pound sterling as the intervention currency was broken in
A)1991
B)1990
C)1992
D)1993
Answer: 1992
- Q. The main rubber producing state in the country is:
A)Tamil Nadu
B)Karnataka
C)Kerala
D)Hyderabad
Answer: Kerala
- Q. ICICI is the name of a
A)bureau
B)chemical industry
C)corporation
D)financial institution
Answer: financial institution
- Q. How many Regional Rural Bank (RRBs) are working in the country till 31st March,2010?
A)81
B)82
C)85
D)93
Answer: 82
- Q. In coal production, India ranks in the world:
A)First
B)Third
C)Second
D)Fourth
Answer: Second
- Q. The number of finance commissions set up upto now is:
A)14
B)15
C)13
D)16
Answer: 15
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