Indian Economy Questions

1. The State having the highest literacy rate among woman in India is—
(A) Tamil Nadu
(B) Kerala
(C) West Bengal
(D) Maharashtra
Ans : (B)

2. Poverty data in India are measured on which of the following basis ?
(A) Universal Recall Period
(B) Mixed Recall Period
(C) A & B
(D) Neither A nor B
Ans : (A)

3. As per 61st Round of NSSO Survey employment growth rate during 1999–2000 to 2004–05 has been estimated to be—
(A) 2•6%
(B) 2•8%
(C) 3•0%
(D) 3•2%
Ans : (A)

4. Oil Refinery at Bhatinda is being established by—
(A) IOC
(B) HPCL
(C) Reliance
(D) BPCL
Ans : (B)

5. Micro credit or micro finance is a noval approach to banking with the poor. In this approach bank credit is extended to the poors through—
(A) Self Help Groups
(B) Anganbadees
(C) Cooperative Credit Societies
(D) RBI
Ans : (A)


6. BCCI is—
(A) An International Terrorist Organisation
(B) An International Industrial Organisation
(C) A Movement for International Peace
(D) An International Banking Organisation
Ans : (D)

7. The concept of Micro Finance was launched in which of the following countries initially ?
(A) India
(B) Bangladesh
(C) Egypt
(D) Sri Lanka
Ans : (B)

8. The outlines of second five year plan was made by—
(A) B. N. Gadgil
(B) VKRV Rao
(C) P. C. Mahalanobis
(D) C. N. Vakil
Ans : (C)

9. Which panel was appointed by Finance Ministry to review the service tax issues ?
(A) Abhijit Sen Panel
(B) Ahluwalia Panel
(C) Rastogi Panel
(D) Rangrajan Panel
Ans : (C)

10. NABARD was established in—
(A) Fourth Plan
(B) Fifth Plan
(C) Sixth Plan
(D) Eighth Plan
Ans : (C)

11. Devaluation means—
(A) To reduce the value of home currency in other currency
(B) To appreciate the value of home currency
(C) To issue new currency in place of old currency
(D) None of these
Ans : (A)

12. IMF has raised India’s quota as a result of which India’s voting right has gone up from 1•88% to—
(A) 2•0%
(B) 2•34%
(C) 2•82%
(D) 3•1%
Ans : (B)

13. Nameste-India 2007 is a Mahotsav held to strengthen the socio-economic relations between India and—
(A) China
(B) Africa
(C) Japan
(D) Russia
Ans : (C)

14. CSO has recently shifted the base year for national income estimates—
(A) From 1993-94 to 1999-2000
(B) From 1999-2000 to 2004-05
(C) From 1990-91 to 2000-01
(D) From 1993-94 to 2000-01
Ans : (B)

15. The number of approved share markets in India—
(A) 19
(B) 20
(C) 23
(D) 24
Ans : (C)

16. After merger of Air India and Indian Airlines, the new entity is now known as—
(A) India Airlines
(B) Air India
(C) Indian
(D) Indian Airways
Ans : (B)

17. Dalal Street is situated at—
(A) London
(B) Paris
(C) Mumbai
(D) New Delhi
Ans : (C)

18. RBI was nationalised in—
(A) 1959
(B) 1947
(C) 1945
(D) 1949
Ans : (D)

19. Which part of Indian rupee has been allotted in public expenditure for repaying interest on loans in 2010-11 budget proposals ?
(A) 19 paise
(B) 24 paise
(C) 25 paise
(D) 26 paise
Ans : (A)

20. In which city, the maximum foreign companies are registered ?
(A) Manglore
(B) Gurgaon
(C) New Delhi
(D) Mumbai
Ans : (C)

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