More Questions on Indian Economy
- Q. Gilt-edged market means
A)market of government securities
B)market of guns
C)bullion market
D)market of pure metals
Answer: market of government securities
- 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. Unit Trust of India (UTI) was established in:
A)1904
B)1964
C)1968
D)1970
Answer: 1964
- 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. Government has merged Annapurna Scheme with:
A)Ujjwala
B)National Old Age Pension Scheme
C)IRDP
D)None of these
Answer: National Old Age Pension Scheme
- Q. Subsidies mean
A)payment made by business enterprises to factors of production
B)payment made by companies to shareholders
C)payment by government for purchase of goods and services
D)payment made by the government to business enterprises, without buying any goods and services
Answer: payment made by the government to business enterprises, without buying any goods and services
- Q. Finance Commission is constituted after every:
A)5 years
B)6 years
C)3 years
D)4 years
Answer: 5 years
- Q. Securities and Exchange Board of India (SEBI) was established on:
A)July 12, 1982
B)July 9, 1988
C)April 12, 1988
D)July 5, 1995
Answer: April 12, 1988
- Q. On July 12, 1982, the ARDC was merged into
A)NABARD
B)EXIM Bank
C)RBI
D)None of the above
Answer: NABARD
- Q. Debenture holders of a company are its
A)creditors
B)shareholders
C)debtors
D)directors
Answer: creditors
- Q. In coal production, India ranks in the world:
A)First
B)Third
C)Second
D)Fourth
Answer: Second
- Q. The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is:
A)Cordial Area Development
B)Copper Area Development
C)Command Area Development (CAD)
D)Cop Authority Development
Answer: Command Area Development (CAD)
- Q. In November 2007, the finance commission constituted by the president of India was:
A)Tenth
B)Ninth
C)Thirteenth
D)Eleventh
Answer: Thirteenth
- Q. The share of road transport in total transportation of the country is:
A)70%
B)75%
C)60%
D)80%
Answer: 80%
- 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. ICICI is the name of a
A)bureau
B)chemical industry
C)corporation
D)financial institution
Answer: financial institution
- Q. The ARDC is now a branch of the
A)NABARD
B)RBI
C)IDBI
D)SDBI
Answer: NABARD
- Q. National expenditure includes
A)investment expenditure
B)government expenditure
C)consumption expenditure
D)All of the above
Answer: All of the above
- Q. The total number of national highways in the country is:
A)528
B)328
C)228
D)499
Answer: E
- 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
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