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IndianEconomyObjectiveQuestions

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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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IndianEconomyObjectiveQuestions

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),Indiastandsatplace
inthelistoflargestinternetusersintheworld.
(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.WorldEconomicForumhasreleaseditsfirstFinancialDevelopmentReportwhichplacesIndiaatrankonthebasisoffinancialdevelopmentinthe
economy.
(A)28th
(B)31st
(C)33rd
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IndianEconomyObjectiveQuestions

(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(belowpoverty
lineandabovepovertyline).
Whatisthedifferencebetweenthetwo?
(A)PriceforAPLisdoubleofBPLprice
(B)PriceforBPLisonethirdofAPLprice
(C)DifferenceofRs.500perQt.
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IndianEconomyObjectiveQuestions

(D)DifferenceofRs.250perQt.
17.Whatgrowthtargetgovernmenthasestimatedforthedomesticcrudeproductionforthe11th
Plan(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.WhichofthefollowinghasbeendeclaredcompanyoftheyearinEconomicTimesCorporate
ExellenceAwards200708?
(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)was
officiallydeclaredon
(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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IndianEconomyObjectiveQuestions

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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47.12thFinanceCommissionhasrecommendedtomergeanddetermineonesingleinterestrate
onvariousoutstandingcentralloanstostateshavingdifferentinterestrates.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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