Indian Economy MCQ Question Answers

Indian Economy

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

Correct Answer : 12 months

Discuss

Indian Economy

Q. Short-term finance is usually for a period ranging up to

A.
10 months
B.
12 months
C.
5 months
D.
15 months

Answer

Correct Answer : 12 months

Discuss

Indian Economy

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

Correct Answer : NABARD

Discuss

Indian Economy

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

Correct Answer : NABARD

Discuss

Indian Economy

Q. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation

A.
I
B.
I, II
C.
I, II, III
D.
II, III, IV

Answer

Correct Answer : I, II, III

Discuss

Indian Economy

Q. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation

A.
I
B.
I, II, III
C.
I, II
D.
II, III, IV

Answer

Correct Answer : I, II, III

Discuss

Indian Economy

Q. Since the inception of the co-operative movement, rural credits has been

A.
rationalized
B.
institutionalized
C.
cheapened
D.
All of the above

Answer

Correct Answer : All of the above

Discuss

Indian Economy

Q. Since the inception of the co-operative movement, rural credits has been

A.
rationalized
B.
cheapened
C.
institutionalized
D.
All of the above

Answer

Correct Answer : All of the above

Discuss

Indian Economy

Q. States earn maximum revenue through

A.
custom revenue
B.
land revenue
C.
commercial taxes
D.
excise duties on intoxicants

Answer

Correct Answer : commercial taxes

Discuss

Indian Economy

Q. States earn maximum revenue through

A.
custom revenue
B.
commercial taxes
C.
land revenue
D.
excise duties on intoxicants

Answer

Correct Answer : commercial taxes

Discuss