Indian Economy GK Questions and Answers

1. For the merger of Bank of Rajasthan with ICICI Bank, the share swap ratio between ICICI Bank and Bank of Rajasthan has been fixed at—
(A) 1 : 3•72
(B) 1 : 3•92
(C) 1 : 4•52
(D) 1 : 4•72
Ans : (D)

2. National Rural Health Mission has been launched in the country since—
(A) April 1, 2005
(B) April 12, 2005
(C) April 1, 2006
(D) April 12, 2006
Ans : (B)

3. In the first phase, the import of modern coaches of Delhi Metro Rail has been made from—
(A) Japan
(B) Britain
(C) Philippines
(D) South Korea
Ans : (D)


4. UTI has been divided into two parts UTI-I and UTI-II. Which part has been kept under the control of the government?
(A) UTI-I
(B) UTI-II
(C) Both the above
(D) None of the above
Ans : (A)

5. Recently the planning commission has released a document presenting pre-estimated progress of the economy. It is named as—
(A) India Vision 2015
(B) India Vision 2020
(C) India Vision 2022
(D) India Vision 2025
Ans : (B)

6. Index ‘Residex’ is associated with—
(A) Share Prices
(B) Mutual Fund Prices
(C) Price Inflation Index
(D) Land Prices
Ans : (D)

7. Government has decided to amend EPF Act (Employee Provident Fund Act) to make it applicable also to those institutions which has minimum number of ?
(A) 5 employees
(B) 10 employees
(C) 12 employees
(D) 15 employees
Ans : (B)

8. Which of the following is not sponsorer of newly established UTI-II?
(A) Punjab National Bank
(B) General Insurance Corporation
(C) Life Insurance Corporation of India
(D) State Bank of India
Ans : (B)

9. Price Stabilisation Fund-PSF is being established for four products. Which of the following is not in these four?
(A) Cotton
(B) Tea
(C) Rubber
(D) Tobacco
Ans : (A)

10. CSO has changed the base year for National Accounting from 1999-2000 to 2004-2005. How many times the base year has been changed so far since independence ?
(A) Four times
(B) Five times
(C) Six times
(D) Seven times
Ans : (C)

11. The weighage of core sector (Energy, Steel and Cement) in IIP (Index of Industrial Production) is—
(A) 26•70%
(B) 16•70%
(C) 10•17%
(D) 9•80%
Ans : (A)

12. What is the sex-ratio in newly created state ‘Uttarakhand’ on the basis of 2001 census ?
(A) 933
(B) 940
(C) 956
(D) 964
Ans : (D)

13. A high-level committee was appointed to review the Lead Bank Scheme under the Chairmanship of—
(A) Mrs. Usha Thorat
(B) Mr. Y. B. Reddy
(C) Ms. K. J. Udeshi
(D) Mr. Y. S. P. Thorat
Ans : (A)

14. With the joining of Oil India Ltd. the total number of ‘Navratna’ status having public sector enterprises has gone to—
(A) 18
(B) 19
(C) 20
(D) 21
Ans : (C)

15. Belgium banking and insurance group KBC is being acquired by—
(A) Tata Group
(B) Hinduja Group
(C) Reliance Group
(D) AXIS Bank Group
Ans : (B)

16. Government has constituted a special group to assess the financial status of public sector oil companies under the chairmanship of—
(A) Anand Virmani
(B) B. K. Chaturvedi
(C) K. C. Raina
(D) Indira Bhargava
Ans : (B)

17. As per the Economic Census 2005 what percentage of total installed enterprises in India are situated in rural areas ?
(A) 61•3%
(B) 38•7%
(C) 42•6%
(D) 57•4%
Ans : (A)

18. According to the Human Development Report 2009, India has acquired 134th place in HDI ranking which is……than that of last year.
(A) Two ranks up
(B) One rank up
(C) Two ranks down
(D) Four rank down
Ans : (C)

19. Government has launched e–Passport Scheme. The first e–Passport was issued to—
(A) Dr. Manmohan Singh
(B) Mr. Pranab Mukherjee
(C) Mrs. Pratibha Patil
(D) Mr. Somnath Chaterjee
Ans : (C)

20. D. Swaroop Committee is associated with—
(A) Financial Products Marketing
(B) Sugar Marketing
(C) Capital Marketing
(D) Banking
Ans : (A)

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