Indian Economy Current Affairs

1. The minimum support price of the raw jute for the year 2010-11 has been raised from Rs. 1375 per quintal (for the year 2009-10) to—
(A) Rs. 1425 per quintal
(B) Rs. 1525 per quintal
(C) Rs. 1575 per quintal
(D) Rs. 1625 per quintal
Ans : (C)

2. Finance Commission is appointed by the President under Article—
(A) 256 of Constitution
(B) 280 of Constitution
(C) 293 of Constitution
(D) 356 of Constitution
Ans : (B)

3. ‘SAPTA’ is related to—
(A) Education
(B) Trade
(C) Security
(D) Environment
Ans : (B)


4. National Income estimates in India is prepared by—
(A) Planning Commission
(B) RBI
(C) Finance Ministry
(D) C.S.O.
Ans : (D)

5. Maastricht Treaty is related to—
(A) Environment Protection
(B) Europe Unification
(C) Limitation of Atomic Power
(D) Unification of East and West Germany
Ans : (B)

6. In which state Deen Dayal Employment Scheme has been launched ?
(A) Madhya Pradesh
(B) Rajasthan
(C) Chhattisgarh
(D) Haryana
Ans : (A)

7. The Chairman of the newly constituted panel to review domestic saving and investments is—
(A) Y. K. Alagh
(B) Som Parthasarthy
(C) C. Rangarajan
(D) R. B. Burman
Ans : (C)

8. Railway Minister Mamta Banerjee flags off ‘Aurobindo Express’ which is a weekly express train to run between—
(A) Delhi and Puducherry
(B) Howrah and Puducherry
(C) Sealdah and Puducherry
(D) Asansol and Puducherry
Ans : (B)

9. As per estimates of NSSO, poverty ratio in India for the year 2004-05 on MRP based statistics and URP based statistics stands at—
(A) 21•8% and 27•5% respectively
(B) 27•5% and 21•8% respectively
(C) 36•0% and 27•5% respectively
(D) 26•1% and 36% respectively
Ans : (A)

10. Joint SAARC University of eight SAARC nations will be established in—
(A) New Delhi (India)
(B) Male (Maldives)
(C) Colombo (Sri Lanka)
(D) Dhaka (Bangladesh)
Ans : (A)

11. Government has created Rs. 1800 crore fund to provide subsidy to private firms for providing jobs to—
(A) Disabled
(B) Blind
(C) Scheduled castes
(D) Bonded labours
Ans : (A)

12. In Forbes list of companies for 2010 i.e., Global 2000, how many Indian companies found a place ?
(A) 47
(B) 50
(C) 56
(D) 62
Ans : (C)

13. As per the data released by TRAI, the teledensity (i.e., the number of telephone connections per 100 people) in the country at the end of March 2010 stands at—
(A) 47•88%
(B) 52•74%
(C) 55•32%
(D) 59•63%
Ans : (B)

14. To provide houses at low prices, an industrial group has launched ‘Shubh Grah Pariyojana’. This industrial house is—
(A) Tata Group
(B) Birla Group
(C) Reliance Group
(D) Sahara Group
Ans : (A)

15. World Economic Forum in its report places India among 134 economies at—
(A) 126th rank
(B) 120th rank
(C) 114th rank
(D) 106th rank
Ans : (C)

16. How many new trains have been introduced in Railway Budget 2010-11 by Railway Minister Ms. Mamta Banerjee ?
(A) 47
(B) 54
(C) 57
(D) 59
Ans : (B)

17. Which of the following country has left the membership of OPEC ?
(A) Indonesia
(B) Iraq
(C) UAE
(D) Angola
Ans : (A)

18. India’s National Hydroelectric Power Corporation is establishing ‘Tamarthi Power Project’ in—
(A) Bangladesh
(B) Bhutan
(C) Myanmar
(D) Nepal
Ans : (B)

19. Name the organisation which is becoming the single largest private sugar company in India—
(A) Balrampur Chinni
(B) K. K. Birla
(C) Bajaj Hindustan
(D) J. K. Sugar Mills
Ans : (C)

20. Who gave the call for ‘Evergreen Revolution’ ?
(A) M. S. Swaminathan
(B) A. P. J. Abdul Kalam
(C) Dr. Manmohan Singh
(D) M. S. Ahluwalia
Ans : (A)