Indian Economy Questions
for Banks, IAS, UPSC, NDA and other Competitive Examinations
1. In which city, the maximum foreign companies are registered ?
(A) Bengaluru
(B) New Delhi
(C) Gurgaon
(D) Mumbai
Ans : (B)
2. Out of total expenditure as shown in regular Budget 2010-11, the maximum share goes to—
(A) Subsidy payment
(B) Interest payment
(C) Defence
(D) Central plan outlay
Ans : (D)
3. As per the BE figures of Budget 2010-11, which of the following deficit has the lowest percentage share in GDP ?
(A) Primary Deficit
(B) Revenue Deficit
(C) Fiscal Deficit
(D) All the above have almost equal share
Ans : (A)
4. ‘Aam Admi Bima Yojana’ is an insurance scheme for rural landless households introduced by—
(A) National Insurance Co.
(B) Life Insurance Co.
(C) UTI
(D) ICICI Life Prudential Co.
Ans : (B)
5. NOAPS has been renamed as Indira Gandhi Old Age Pension Scheme with its extended scope. Now this scheme will include all
old age persons—
(A) Living below poverty line
(B) Above 60 years age
(C) Above 65 years age
(D) Both (A) and (C)
Ans : (D)
6. Which Nationalised Commercial Bank has launched signature based debit card scheme ?
(A) Bank of Baroda
(B) Punjab National Bank
(C) Central Bank of India
(D) Indian Bank
Ans : (B)
7. As on end-July 2010, how many CPSEs have been included in Navratna enterprises ?
(A) 17
(B) 18
(C) 19
(D) 20
Ans : (C)
8. In Budget 2010-11, the Revenue Deficit (Budget Estimates) for 2010-11 has been estimated at—
(A) 3% of GDP
(B) 4% of GDP
(C) 4•4% of GDP
(D) 5•5% of GDP
Ans : (B)
9. Which bank has formed farmer’s clubs for approaching farmers more easily ?
(A) Regional Rural Bank
(B) Punjab National Bank
(C) Allahabad Bank
(D) State Bank of India
Ans : (D)
10. Platinum Jubilee Year of the Reserve Bank of India is—
(A) 2008-09
(B) 2009-10
(C) 2010-11
(D) 2011-12
Ans : (B)
11. In UNDP’s Human Development Report 2009, India’s Human Development Index for the Year 2007 stands at—
(A) 0•651
(B) 0•632
(C) 0•612
(D) 0•604
Ans : (C)
12. Punjab National Bank has started its first ‘Micro Finance Branch’ in—
(A) New Delhi
(B) Gurgaon
(C) Hyderabad
(D) Bengaluru
Ans : (A)
13. Tilaiya Ultra Mega Power Project has been bagged by—
(A) Anil Ambani Group
(B) Mukesh Ambani Group
(C) Tata Group
(D) None of the above
Ans : (A)
14. Which Road Transport Corporation has introduced AWATAR (Any Where Any Time Advance Reservation) scheme ?
(A) Andhra Pradesh
(B) Karnataka
(C) Tamil Nadu
(D) Maharashtra
Ans : (B)
15. How many commodity exchanges do exist in India after including ICEX in the series ?
(A) 3
(B) 4
(C) 5
(D) 6
Ans : (B)
16. Which bank has installed the first biometric ATM for assisting even illiterate people at Gautam Buddha Nagar (UP) ?
(A) State Bank of India
(B) Punjab National Bank
(C) Bank of Baroda
(D) Canara Bank
Ans : (B)
17. As per the latest data available (for the year 2008) Infant Mortality Rate (per thousand live births) in India is—
(A) 57
(B) 55
(C) 53
(D) 52
Ans : (C)
18. OECD (Organisation for Economic Cooperation and Development) in its estimates of June 2009 predicted global growth for 2010 at 2.3%. In its revised estimate of November 2009, it is raised to—
(A) 2•7%
(B) 3•0%
(C) 3•4%
(D) 3•8%
Ans : (C)
19. The main source of FDI in India is Mauritius as per the data of DIPP. Which of the following stands at the second and third places respectively ?
(A) USA and Japan
(B) UK and Japan
(C) USA and UK
(D) USA and China
Ans : (C)
20. 11th plan was approved by National Development Council on—
(A) December 9, 2007
(B) December 19, 2007
(C) December 20, 2007
(D) December 22, 2007
Ans : (B)
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