Indian Economy Quiz Questions for Banks, IAS, UPSC, NDA and other Competitive Examinations
1. For transporting petroleum products, 1054 km long pipeline is been made between Mundra and Delhi. This project is being undertaken by—
(A) HPCL
(B) BPCL
(C) Indian Oil
(D) GAIL
Ans : (A)
2. The period of 11th plan is—
(A) 2005–10
(B) 2006–11
(C) 2007–12
(D) 2008–13
Ans : (C)
3. Who is the present RBI Governor ?
(A) D. Subbarao
(B) Rakesh Mohan
(C) Arun Ramnathan
(D) Y. B. Reddy
Ans : (A)
4. Which states have not yet established any RRB ?
(A) Sikkim and Goa
(B) Bihar and Rajasthan
(C) Sikkim and Arunachal Pradesh
(D) Nagaland
Ans : (A)
5. In Wholesale Price Index (WPI) primary articles have a weight of—
(A) 22•02%
(B) 25•02%
(C) 29•02%
(D) None of the above
Ans : (A)
6. On the recommendations of Kelkar committee, no new RRB was established since—
(A) April 1987
(B) April 1988
(C) April 1989
(D) April 1990
Ans : (A)
7. IRBI—Industrial Reconstruction Bank of India was established in—
(A) 1975
(B) 1985
(C) 1990
(D) 1992
Ans : (B)
8. For which amount on-line service tax payment has been made mandatory ?
(A) above Rs. 7•5 lakh
(B) above Rs. 10 lakh
(C) above Rs. 12•5 lakh
(D) above Rs. 15 lakh
Ans : (B)
9. The headquarters of SIDBI is in—
(A) Lucknow
(B) New Delhi
(C) Mumbai
(D) Bengaluru
Ans : (A)
10. LIC of India was established in—
(A) 1897
(B) 1950
(C) 1956
(D) 1965
Ans : (C)
11. The committee associated with establishing new stock exchanges was—
(A) M. J. Ferwani
(B) M. Narsimham
(C) S.N. Nadkarni
(D) R. Janakiraman
Ans : (A)
12. Consumer Protection Act (COPRA) was implemented in—
(A) 1985
(B) 1986
(C) 1987
(D) 1988
Ans : (B)
13. Narsimham committee recommended to make banking structure of the country—
(A) Two tier
(B) Three tier
(C) Four tier
(D) Five tier
Ans : (C)
14. Nuclear Power Corporation's first indigenous 700 MW Pressurised Heavy Water Reactor at Kakrapar Atomic Power Project in Gujarat is expected to be commissioned in—
(A) 2012
(B) 2013
(C) 2014
(D) 2015
Ans : (D)
15. Railway had declared year 2007-08 as—
(A) A Year of Safety
(B) A Year of Prosperity
(C) A Year of Customer Service
(D) A Year of Cleanliness
Ans : (D)
16. Special Economic Zone Act 2005 was passed by Parliament in May 2005. This Act came into force w.e.f.—
(A) January 10, 2006
(B) February 10, 2006
(C) June 23, 2006
(D) July 1, 2006
Ans : (B)
17. After RBI’s purchase of 200 tonne gold from IMF, India’s gold reserves in foreign exchange reserves as on November 6, 2009 stands at—
(A) $ 16•300 billion
(B) $ 16•800 billion
(C) $ 17•500 billion
(D) $ 18•300 billion
Ans : (C)
18. 20 rupee and above value notes are printed in—
(A) Currency Note Press, Nasik Road
(B) Bank Note Press, Dewas
(C) Security Printing Press, Hyderabad
(D) All of these
Ans : (B)
19. Central Revenue Board was divided into ‘Central Excise and Custom Duty Board’ and ‘Central Direct Tax Board’ in—
(A) 1950
(B) 1958
(C) 1963
(D) 1975
Ans : (C)
20. RCF Kapurthala made country’s first air conditioned double-decker coach has been rolled out for oscillation trial has the capacity to get seated—
(A) 102 passengers
(B) 118 passengers
(C) 128 passengers
(D) 132 passengers
Ans : (C)
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