Indian Economy

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

Correct Answer

Developments in national and international markets

More Questions on Indian Economy

  • Q. On July 12, 1982, the ARDC was merged into
    A)NABARD
    B)RBI
    C)EXIM Bank
    D)None of the above
    Answer: NABARD
  • Q. Securities and Exchange Board of India (SEBI) was established on:
    A)July 12, 1982
    B)April 12, 1988
    C)July 9, 1988
    D)July 5, 1995
    Answer: April 12, 1988
  • Q. In India, the first bank of limited liability managed by Indians and founded in 1881 was
    A)Oudh Commercial Bank
    B)Hindustan Commercial Bank
    C)Punjab National Bank
    D)Punjab and Sind Bank
    Answer: Oudh Commercial Bank
  • Q. Meera Seth committee was associated with:
    A)sex discrimination at work place
    B)the development of handloom industry.
    C)female foeticide
    D)banking sector
    Answer: the development of handloom industry.
  • Q. As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by:
    A)8.0% in 2011-12
    B)8.2% in 2011-12
    C)8.5% in 2011-12
    D)7.8% in 2011-12
    Answer: 8.0% in 2011-12
  • Q. Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?
    A)NITI Ayog
    B)RBI
    C)The Comptroller General of Accounts
    D)None of these
    Answer: The Comptroller General of Accounts
  • 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. 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. The Foreign Exchange Management Act(FEMA) was passed in:
    A)the year 2005
    B)the year 1999
    C)the year 2000
    D)the year 2002
    Answer: the year 1999
  • 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. The national food for work programme was launched in:
    A)April 2003
    B)November 2004
    C)May 2002
    D)April 2000
    Answer: November 2004
  • Q. Unit Trust of India (UTI) was bifurcated (into UTI-I and UTI-II) in:
    A)the year 2000
    B)the year 2003
    C)the year 2005
    D)the year 2001
    Answer: the year 2003
  • Q. In coal production, India ranks in the world:
    A)First
    B)Third
    C)Second
    D)Fourth
    Answer: Second
  • Q. The main rubber producing state in the country is:
    A)Tamil Nadu
    B)Kerala
    C)Karnataka
    D)Hyderabad
    Answer: Kerala
  • 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. In India, the first bank of limited liability managed by Indians and founded in 1881 was
    A)Oudh Commercial Bank
    B)Punjab National Bank
    C)Hindustan Commercial Bank
    D)Punjab and Sind Bank
    Answer: Oudh Commercial Bank
  • Q. Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of:
    A)Raghuram G. Rajan
    B)Bimal Jalan
    C)K.V. Kamath
    D)None of these
    Answer: Raghuram G. Rajan
  • Q. How many Regional Rural Bank (RRBs) are working in the country till 31st March,2010?
    A)81
    B)85
    C)82
    D)93
    Answer: 82
  • Q. What was the central theme of the Chipko Movement started by Sunderlal Bahuguna in 1973?
    A)Conservation of river water
    B)Protection of birds
    C)Conservation of Forests
    D)Protection of cheetals
    Answer: Conservation of Forests
  • Q. As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by:
    A)8.0% in 2011-12
    B)8.5% in 2011-12
    C)8.2% in 2011-12
    D)7.8% in 2011-12
    Answer: 8.0% in 2011-12

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