More Questions on Indian Economy
- 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. Reserve Bank of India was nationalized in the year
A)1945
B)1935
C)1949
D)1969
Answer: 1949
- Q. Where was first gold refinery established?
A)Shirpur (Maharashtra)
B)Bangalore (Karnataka)
C)Ahmedabad (Gujarat)
D)Mumbai (Maharashtra)
Answer: Shirpur (Maharashtra)
- Q. Gross domestic capital formation is defined as
A)expenditure incurred on physical assets only
B)flow of expenditure devoted to increased or maintaining of the capital stock
C)production exceeding demand
D)net addition to stock after depreciation
Answer: net addition to stock after depreciation
- Q. The Foreign Exchange Management Act(FEMA) was passed in:
A)the year 2005
B)the year 2000
C)the year 1999
D)the year 2002
Answer: the year 1999
- 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. In the state of India, the State Financial Corporation have given assistance mainly to develop
A)cottage industry
B)agricultural farms
C)large-scale industries
D)medium and small-scale industries
Answer: medium and small-scale industries
- Q. What is the objective of ‘Sangam Yojna 1996’?
A)To make Ganga water pollution free
B)To increase the welfare of the disabled
C)To make Sangam region of Allahabad more attractive for tourists
D)To unite, various groups of Hindus
Answer: To increase the welfare of the disabled
- 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. Which company has started a rural marketing network called e-Chaupals?
A)Dabur
B)ITC
C)Procor and Gamble
D)Hindustan liver
Answer: ITC
- Q. The Ex-Officio Secretary of National Development Council is:
A)General Secretary of Lok Sabha
B)Secretary of Finance Ministry
C)Secretary of Planning Commission
D)Vice Chairman of Planning Commission
Answer: Secretary of Planning Commission
- Q. Paper currency first started in India in
A)1542
B)1601
C)1861
D)1880
Answer: 1861
- Q. Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of:
A)Raghuram G. Rajan
B)K.V. Kamath
C)Bimal Jalan
D)None of these
Answer: Raghuram G. Rajan
- Q. Meera Seth committee was related to:
A)sex discrimination at work place
B)Development of Handlooms
C)female foeticide
D)Banking sector
Answer: Development of Handlooms
- Q. Gross domestic capital formation is defined as
A)expenditure incurred on physical assets only
B)production exceeding demand
C)flow of expenditure devoted to increased or maintaining of the capital stock
D)net addition to stock after depreciation
Answer: net addition to stock after depreciation
- Q. Indian state with highest road length is:
A)Uttar Pradesh
B)Maharashtra
C)Rajasthan
D)Andhra Pradesh
Answer: Maharashtra
- 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
- Q. Which of the following is not viewed as a national debt?
A)Life Insurance Policies
B)Provident Fund
C)National Saving Certificate
D)Long-term Government Bonds
Answer: National Saving Certificate
- Q. The chairman of 13th finance Commission was:
A)K C Neogy
B)Nand Kishore Singh
C)Vijay L. Kelkar.
D)Y V Reddy
Answer: Vijay L. Kelkar.
- Q. Which of the following is the most appropriate cause of export surplus?
A)Country's stringent import policy
B)Country's exports promotion value
C)Developments in national and international markets
D)None of the above
Answer: Developments in national and international markets
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