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
Ans : (A)
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.
Ans : (B)
3. Which committee was constituted for reforms in tax-structure ?
(A) Narsimham Committee
(B) Chelliah Committee
(C) Gadgil Committee
(D) Kelkar Committee
Ans : (B)
4. Narsimham Committee was related to—
(A) High Education Reforms
(B) Tax Structure Reforms
(C) Banking Structure Reforms
(D) Planning Implementation Reforms
Ans : (C)
5. The Slogan ‘Garibi Hatao’ was included in—
(A) First Plan
(B) Fifth Plan
(C) Fourth Plan
(D) Second Plan
Ans : (B)
6. KVIC (Khadi and Village Industry Commission) was established in—
(A) Third Plan
(B) Fourth Plan
(C) Second Plan
(D) First Plan
Ans : (C)
7. The country producing the maximum silk in the world is—
(A) India
(B) Japan
(C) South Korea
(D) China
Ans : (D)
8. The main security guard of International Trade is—
(A) IMF
(B) World Bank
(C) WTO
(D) IFC
Ans : (C)
9. MRTPC has been replaced by—
(A) CII
(B) Monopoly Commission
(C) CCI
(D) MMTC
Ans : (C)
10. As per declaration of Railway Budget 2010-11, the operating ratio for 2010-11 has been estimated at—
(A) 92•3%
(B) 78•7%
(C) 83•8%
(D) 83•2%
Ans : (A)
11. National Rural Health Mission (NRHM) was launched in the year—
(A) 2005
(B) 2007
(C) 2008
(D) 2009
Ans : (A)
12. The minimum support price of wheat (per Qt.) for the marketing year 2010-11 was declared to be—
(A) Rs. 1250
(B) Rs. 1080
(C) Rs. 1000
(D) Rs. 1100
Ans : (D)
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
Ans : (C)
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
Ans : (D)
15. As per the estimates for 2008-09 given in Economic Survey 2009-10 which of the following sector shows the highest growth rate ?
(A) Construction
(B) Manufacturing
(C) Trade, Hotels, Transport and Communications
(D) Mining and Quarrying
Ans : (C)
16. According to 2001 census, which state has the maximum slum population ?
(A) Uttar Pradesh
(B) Maharashtra
(C) Delhi
(D) Orissa
Ans : (B)
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
Ans : (D)
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%
Ans : (C)
19. National Rural Development Institute is situated at—
(A) Shimla
(B) Hyderabad
(C) Patna
(D) New Delhi
Ans : (B)
20. ‘Axis Bank’ is the new name given to—
(A) UCO Bank
(B) IDBI Bank
(C) UTI Bank
(D) ICICI Bank
Ans : (C)
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