1. The government is preparing Devolution Index which will measure social empowerment of people at the—
(A) Panchayat level
(B) Block level
(C) District level
(D) State level
2. At present the central issue price for wheat for families BPL (below poverty line) is—
(A) Rs. 250 per Qt.
(B) Rs. 415 per Qt.
(C) Rs. 500 per Qt.
(D) Rs. 900 per Qt.
3. Which committee was constituted for reforms in tax-structure ?
(A) Narsimham Committee
(B) Chelliah Committee
(C) Gadgil Committee
(D) Kelkar Committee
4. Narsimham Committee was related to—
(A) High Education Reforms
(B) Tax Structure Reforms
(C) Banking Structure Reforms
(D) Planning Implementation Reforms
5. The Slogan ‘Garibi Hatao’ was included in—
(A) First Plan
(B) Fifth Plan
(C) Fourth Plan
(D) Second Plan
6. KVIC (Khadi and Village Industry Commission) was established in—
(A) Third Plan
(B) Fourth Plan
(C) Second Plan
(D) First Plan
7. The country producing the maximum silk in the world is—
(A) India
(B) Japan
(C) South Korea
(D) China
8. The main security guard of International Trade is—
(A) IMF
(B) World Bank
(C) WTO
(D) IFC
9. Which is true for existing Economic and Industrial Policies of Indian Govt. ?
(1) FERA was abolished
(2) MRTP was abolished
(3) Cash compensatory support for exports was abolished
(4) Industrial licensing (except a few goods) was abolished
(A) 1, 2, 3 and 4
(B) 1, 3 and 4
(C) only 3 and 4
(D) only 2 and 3
10. As per declaration of Railway Budget 2009-10, the revised operating ratio for 2008-09 has been estimated at—
(A) 89•9%
(B) 78•7%
(C) 83•8%
(D) 83•2%
11. An expert committee on climate change has been formed by the Ministry of Environment and Forest under the chairmanship of—
(A) R. Chidambaram
(B) V. Siddartha
(C) A. Raja
(D) Nirmala Deshpande
12. The minimum support price of wheat (per Qt.) for the marketing year 2009-10 was declared to be—
(A) Rs. 750
(B) Rs. 850
(C) Rs. 1000
(D) Rs. 1080
13. Due to which reason India had to export Gold to Bank of England U.K. in 1991 ?
(A) India returned U.K. gold
(B) India returned gold taken as loan from U.K.
(C) To meet foreign exchange crisis
(D) For investments in British companies
14. One major proposal of New Industrial Policy (1991) was—
(A) NRIs will not be allowed for capital investment in India
(B) All types of industries have been made licence free
(C) Import restrictions of technical knowhow for one year
(D) Facility of direct foreign investment upto 51% in high priority industries
15. As per the estimates for 2007-08 given in Economic Survey 2007-08 which of the following sector shows the highest growth rate ?
(A) Construction
(B) Manufacturing
(C) Trade, Hotels, Transport and Communications
(D) Mining and Quarrying
16. According to 2001 census, which state has the maximum slum population ?
(A) Uttar Pradesh
(B) Maharashtra
(C) Delhi
(D) Orissa
17. ‘Closed Economy’ is that economy in which—
(A) Only export takes place
(B) Money supply is fully controlled
(C) Deficit financing takes place
(D) Neither export nor import takes place
18. Average target of Gross Domestic Capital formation (as a percentage of GDP) for 11th Five Year Plan stands at—
(A) 28•0%
(B) 31•5%
(C) 36•7%
(D) 35•3%
19. National Rural Development Institute is situated at—
(A) Shimla
(B) Hyderabad
(C) Patna
(D) New Delhi
20. ‘Axis Bank’ is the new name given to—
(A) UCO Bank
(B) IDBI Bank
(C) UTI Bank
(D) ICICI Bank
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