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IndianEconomyObjectiveQuestions

[For:Bank,UPSC,RAS/RTS,UPPCS,B.ED.,MBA,BBA,RRB,SSC]

1.CAPARTisrelatedwith(A)Assistingandevaluatingruralwelfareprogrammes(B)Computerhardware(C)Consultantserviceofexportpromotion(D)Controllingpollutioninbigindustries

2.Noteissuingdeptt.ofRBIshouldalwayspossesstheminimumgoldstockofworth(A)Rs.85crore(B)Rs.115crore(C)Rs.200crore(D)Noneofthese

3.Whichofthefollowingdoesnotgrantanytaxrebate?(A)NationalSavingCertificate(B)IndiraVikasPatra(C)NationalSavingScheme(D)PublicProvidentFund

4.AdhocTreasuryBillSystemofmeetingbudgetdeficitinIndiawasabolishedon(A)31March,1997(B)31March,1996(C)1April,1992(D)1April,1995

5.SEBIwasestablishedin(A)1993(B)1992(C)1988(D)1990

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6.TheworkingofSEBIincludes(A)Toregulatethedealingsofsharemarket(B)Tocheckthefouldealingsinsharemarket(C)Tocontroltheinsidetradingofshares(D)Allofthese

7.TheAdhocTreasuryBillSystemofmeetingbudgetdeficitinIndiawasreplacedbyWaysandMeansAdvancesSystemwhichhascomeintoforceon(A)March31,1997(B)April1,1996(C)April1,1997(D)Noneofthese

8.AsperthelatestdatareleasedbyInternetGovernanceForum(IGF),Indiastandsatplaceinthelistoflargestinternetusersintheworld.(A)Second(B)Fourth(C)Sixth(D)Tenth

9.AsperthelatestreportofCCS(CentreforCivilSociety),Indiaholdsrankintheworldforhavingeconomicfreedomintheeconomy.(A)56th(B)65th(C)70th(D)77th

10.WhichstatementofthefollowingistrueforIMF?(A)ItisnotanagencyofUNO(B)Itcangrantloantoanycountryoftheworld(C)ItcangrantloantostateGovt.ofacountry(D)Itgrantsloanonlytomembernations

11.WorldEconomicForumhasreleaseditsfirstFinancialDevelopmentReportwhichplacesIndiaatrankonthebasisoffinancialdevelopmentintheeconomy.(A)28th(B)31st(C)33rd

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(D)36th

12.Whichofthefollowingispublicsectororganisation?(1)FCIFoodCorporationofIndia(2)FCIFertilizerCorporationofIndia(3)CottonCorporationofIndia(4)JuteCorporationofIndia(A)Only1and2(B)Only2,3(C)Only3,4(D)Allofthese

13.WhichdayhasbeendeclaredasBalikaDiwas(GirlDay)bytheMinistryofWomanandChildrenDevelopment?(A)April5,everyyear(B)July9,everyyear(C)October9,everyyear(D)December9,everyyear

14.ForRIDFXV,allocationinInterimUnionBudget200910was(A)Rs.4500crore(B)Rs.5500crore(C)Rs.12000crore(D)Rs.14000crore

15.Thebirthrateanddeathratefortheyear2006havebeenestimatedas(A)262and81perthousandrespectively(B)248and80perthousandrespectively(C)238and76perthousandrespectively(D)235and75perthousandrespectively

16.CentralIssuepriceoffoodgrainsunderTPDSincludespriceforBPLandAPL(belowpovertylineandabovepovertyline).Whatisthedifferencebetweenthetwo?(A)PriceforAPLisdoubleofBPLprice(B)PriceforBPLisonethirdofAPLprice(C)DifferenceofRs.500perQt.

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(D)DifferenceofRs.250perQt.

17.Whatgrowthtargetgovernmenthasestimatedforthedomesticcrudeproductionforthe11thPlan(200712)?(A)42%(B)33%(C)29%(D)26%

18.RuralwomencanavailthebenefitofMahilaSamriddhiYojanaiftheyopentheiraccountin(A)RuralPostOffices(B)CommercialBanks(C)RuralDevelopmentBank(D)Anyoftheabove

19.TherateatwhichbankslendtoRBIisknownas(A)BankRate(B)RepoRate(C)ReverseRepoRate(D)InterestRate

20.WhichofthefollowinghasbeendeclaredcompanyoftheyearinEconomicTimesCorporateExellenceAwards200708?(A)RelianceIndustries(B)HindustanLever(C)TataSteels(D)Ranbaxy

21.MistryCommitteeinitsfinalreportrecommendsfullcapitalaccountconvertibilityby(A)2008end(B)2009end(C)2010end(D)2011end

22.WhichcommitteerecommendedtaxonAgricultureHoldings?(A)BhootlingamCommittee(B)WanchooCommittee

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(C)RajCommittee(D)Noneofthese

23.Initsfiscalstimuluspackagetominimisetheimpactofdepressionontheeconomy,thegovernmenthasreducedCENVATratefrom14%to(A)12%(B)10%(C)8%(D)Nochange

24.Thecauseofdeflationis(A)Lackofgoodsandservicesascomparedtomoneysupply(B)Lackofimportsascomparedtoexports(C)Lackofmoneysupplyascomparedtosupplyofgoodsandservices(D)Noneofthese

25.Whichofthefollowingisabettermeasureofeconomicdevelopment?(A)Employment(B)Sizeofexports(C)Ruralconsumption(D)NationalIncome

26.WhichbankinIndiaperformsdutiesofCentralBank?(A)CentralBankofIndia(B)StateBankofIndia(C)ReserveBankofIndia(D)Above(A)and(B)

27.PradhanmantriBharatJodoPariyojanaisrelatedto(A)Communication(B)SocialIntegration(C)LinkingofRivers(D)DevelopmentofHighways

28.IndiaBrandEquityFundwasestablishedin(A)1996(B)1997(C)1995

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(D)1992

29.MixedEconomymeans(A)Coexistenceofsmallandlargeindustries(B)PromotingbothAgricultureandIndustriesintheeconomy(C)Coexistenceofpublicandprivatesectors(D)Coexistenceofrichandpoor

30.MinistryofHRDhasannouncedtohikeFDIlimitinEducationto(A)65%(B)70%(C)75%(D)100%

31.PureBanking,NothingElseisasloganraisedby(A)ICICIBank(B)HDFCBank(C)SBI(D)UTIBank

32.NobelPrizeforEconomics(2008)hasbeengivento(A)MarttiAhtisaari(B)PaulKrugman(C)MakotoKobayashi(D)LucMontagnier

33.IndianStatehavingthelowestInfantMortalityRateis(A)Maharashtra(B)Goa(C)Gujarat(D)Kerala

34.SmartMoneyisatermusedfor(A)InternetBanking(B)CreditCard(C)CashwithBank(D)CashwithPublic

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35.WhichofthefollowinghasthemaximumshareinGSMMobilePhoneServiceMarket?(A)Vodafone(earlierHutch)(B)Airtel(C)BSNL(D)Reliance

36.ThemainobjectiveofTRYSEMwas(A)Totrainruralyouthforselfemployment(B)Totrainurbanyouthforselfemployment(C)Bothoftheabove(D)Noneofthese

37.TheestablishmentofIORARC(IndianOceanRimAssociationforRegionalCooperation)wasofficiallydeclaredon(A)March5,1996(B)March5,1997(C)April1,1997(D)August15,1947

38.InsideTradingisrelatedto(A)ShareMarket(B)Horseracing(C)Taxation(D)PublicExpenditure

39.ThelargestsourceofNationalIncomeinIndiais(A)ServiceSector(B)Agriculture(C)IndustrialSector(D)TradeSector

40.PublicSectormeans(A)Governmentownershiponcommerceandtrade(B)Capitalistownershiponcommerceandtrade(C)Privateownershipontrade(D)Noneofthese

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41.NABARDis(A)Abank(B)Aboard(C)Ablock(D)Adepartment

42.IndianGreenRevolutionisthemostsuccessfulin(A)WheatandPotato(B)JwarandOilSeeds(C)WheatandRice(D)TeaandCoffee

43.Theperiodof10thplaninIndiawas(A)20002005(B)20012006(C)20022007(D)20032008

44.EconomicPlanningisin(A)Unionlist(B)Statelist(C)Concurrentlist(D)Notanyspecifiedlist

45.WhichIndianStatehasadoptedtheconceptof5daysweekonthelinesofCentralGovernment?(A)UttarPradesh(B)Rajasthan(C)TamilNadu(D)Kerala

46.TheOilRefineryestablishedatPanipatbelongsto(A)PublicSector(B)PrivateSector(C)JointSector(D)CooperativeSector

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47.12thFinanceCommissionhasrecommendedtomergeanddetermineonesingleinterestrateonvariousoutstandingcentralloanstostateshavingdifferentinterestrates.Whatisthisrecommendedinterestrate?(A)70%(B)75%(C)80%(D)85%

48.MRTPisrelatedto(A)Monopolyandtraderestrictions(B)Inflationcontrol(C)Transportcontrol(D)ForeignExchangeRegulations

49.InterestRatePolicyisapartof(A)FiscalPolicy(B)IndustrialPolicy(C)MonetaryPolicy(D)Noneofthese

50.ThebasisofdeterminingdearnessallowancetoemployeesinIndiais(A)NationalIncome(B)ConsumerPriceIndex(C)StandardofLiving(D)PerCapitaIncome

Answers:1.(A)2.(B)3.(B)4.(A)5.(C)6.(D)7.(C)8.(B)9.(D)10.(D)11.(B)12.(D)13.(D)14.(D)15.(D)16.(A)17.(D)18.(A)19.(C)20.(C)21.(A)22.(D)23.(B)24.(C)25.(D)26.(C)27.(D)28.(A)29.(C)30.(D)31.(C)32.(B)33.(D)34.(B)35.(B)36.(A)37.(B)38.(A)39.(A)40.(A)41.(A)42.(C)93.(C)94.(C)95.(B)46.(A)97.(B)98.(A)99.(C)50.(B)

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