Indian Economy Selected Questions and Answers Set 1

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Q.1:- Who coined the term ‘Hindu rate of growth’ for Indian Economy ?

  1. A.K. Sen
  2. Kirti S. Parikh
  3. Raj Krishna
  4. Montek Singh Ahluwalia

Q.2:- NABARD was established in the ?

  1. Fourth Five Year Plan
  2. Fifth Five Year Plan
  3. Sixth Five Year Plan
  4. Eighth Five Year Plan

Q.3:- Which one of the following State of India has the highest literacy ?

  1. Andhra Pradesh
  2. West Bengal
  3. Mizoram
  4. Punjab

Q.4:- As per the Census of 2001, the least urbanised State of India is ?

  1. Arunachal Pradesh
  2. Assam
  3. Himachal Pradesh
  4. Uttaranchal

Q.5:- Who amongst the following are the most literate in India as per 2001 Census ?

  1. Buddhists
  2. Christians
  3. Jains
  4. Sikkhs

Q.6:- Which of the following is most urbanised State of India ?

  1. Maharashtra
  2. Mizoram
  3. Goa
  4. Tamil Nadu

Q.7:- The correct sequence of metropolitan cities on the basis of population size, in the descending order, as per Census of 2001, is ?

  1. Greater Mumbai, Delhi, Kolkata, Chennai
  2. Kolkata, Greater Mumbai, Delhi, Chennai
  3. Delhi, Greater Mumbai, Kolkata, Chennai
  4. Chennai, Greater Mumbai, Kolkata, Delhi

Q.8:- In India disguised unemployment is found in ?

  1. Agricultural Sector
  2. Industrial Sector
  3. Service Sector
  4. Trade Sector

Q.9:- Mid-day Meal Scheme was started in the year ?

  1. 1995
  2. 1996
  3. 1997
  4. 1998

Q.10:- Disguised employment refers to ?

  1. Persons with no job
  2. Unemployment among housewives
  3. Unemployment among people above 60 years of age
  4. Employment of more persons in a job which lesser number of persons can accomplish

Q.11:- Which of the following ministries has launched Integrated Wastelands Development Programme (IWDP) ?

  1. Ministry of Rural Development
  2. Ministry of Agriculture
  3. Ministry of Chemical and Fertilizers
  4. Ministry of Health and Family Welfare
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Q.12:- National Rural Employment Guarantee Scheme was launched in initially in ?

  1. 100 Districts
  2. 200 Districts
  3. 330 Districts
  4. All the Districts

Q.13:- Which of the following is the chief characteristics of ‘Mixed Farming’ ?

  1. Cultivation of both cash crops and food crops
  2. Cultivation of two or more crops in the same field
  3. Rearing of animals and cultivation of crops together
  4. None of the above

Q.14:- Where is the Indian Sugarcane Research Institute situated ?

  1. New Delhi
  2. Varanasi
  3. Kanpur
  4. Lucknow

Q.15:- Indian Pulse Research Institute is located in ?

  1. Allahabad
  2. Kanpur
  3. Faizabad
  4. Lucknow

Q.16:- The stock market index of London Stock Market is referred as ?

  1. Sensex
  2. NIFTY
  3. Footsic (FTSE)
  4. Bullish

Q.17:- Which of the following is the currency of Dubai ?

  1. Taka
  2. Dinar
  3. Dollar
  4. Dirham
  5. None of these

Q.18:- Many a time we read a term in financial newspapers GDR. What is the full form of the same ?

  1. Global Depository Receipts
  2. Global Domestic Ratio
  3. Gross Domestic Revenue
  4. Gross Depository Revenue
  5. None of these

Q.19:- Shilling is the currency of ?

  1. Kenya
  2. South Korea
  3. Israel
  4. Ghana
  5. None of these

Q.20:- Which of the following is the regulator of the credit rating agencies in India ?

  1. RBI
  2. SBI
  3. SIDBI
  4. SFBI
  5. None of these
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Q.21:- Guilt-Edged market means ?

  1. Bullion Market
  2. Market of Government Securities
  3. Market of Guns
  4. Market of Pure Metals

Q.22:- The Bank Rate is the rate of interest at which the Reserve Bank of India provides loans to the ?

  1. Scheduled Commercial Banks
  2. Public Sector
  3. Corporate Sector
  4. Foreign Institutional Investors

Q.23:- Bank Deposits that can be withdrawn without notice are called ?

  1. Account payee deposits
  2. Fixed deposits
  3. Variable deposits
  4. Demand deposits

Q.24:- Economic growth is usually coupled with ?

  1. Deflation
  2. Inflation
  3. Hyper Inflation
  4. Stagflation

Q.25:- Which bank was earlier called the ‘Imperial Bank of India’ ?

  1. RBI
  2. SBI
  3. UBI
  4. PNB

 

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