RRB General Ability and Intelligence - Indian Economy
Exam Duration: 45 Mins Total Questions : 30
Which of the following is used for the measurement of distribution of income?
- (a)
Laffer Curve
- (b)
Engel's Law
- (c)
Gini-Lorenz Curve
- (d)
Philip Curve
Consider the following statements
The Central Government is responsible for development and maintenance of the National Highways system.
1. National Highways Authority of India (NHAI)
2. State Public Works Departments (PWDs)
3. Border Road Organisation (BRO)
Which of the above agencies are participated in carrying out development and maintenance work of National Highways?
- (a)
1, 2 and 3
- (b)
1 and 3
- (c)
2 and 3
- (d)
Only 2
Which one of the following revised targets of the capacity addition of power generation from all sources was set in theMid Term Appraisal (MTA) of the Eleventh Plan from 78700 MW?
- (a)
About 72000 MW
- (b)
About 70000 MW
- (c)
About 62000 MW
- (d)
About 52000 MW
Consider the following statements
1. More than 70% of the country's trade by volume is moved by air.
2. India has second largest shipping fleet in the world.
Which of the statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Which of the following can aid in furthering the Government's objective of inclusive growth?
1.Promoting self-help group.
2.Promoting micro, small and medium enterprise.
3.Implementing the rights to education.
Select the correct answer using the codes given below
- (a)
1, 2 and 3
- (b)
1 and 3
- (c)
1 and 2
- (d)
Only 2
Which one of the following statements is/are correct regarding Indian Planning Commission?
- (a)
It is not defined in Indian Constitution
- (b)
Members and vice-chairman of it do not have fixed working duration
- (c)
Members do not require any minimum education
- (d)
All of the above
Which one of the following Five Year Plans of the Indian Government made the efforts to established Labour Cooperative Societies?
- (a)
First Five Year Plan
- (b)
Second Five Tear Plan
- (c)
Fifth Five Year Plan
- (d)
Seventh Five Year Plan
Consider the following statements
1. In last decade, the area under oilseeds has been decreasing at the faster pace.
2. India still imports about 50% of its requirement of edible oil from the foreign countries.
Which of the statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Consider the following statements
1. India ranks first in the world in dairy milk production.
2. The per capita availability of dairy milk in India is more than the per capita availability of the world
Which of the statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Consider the following statements
1. The Nationa Seed Research and Training Centre (NSTRTC) has been notified as a Central Seed Testing and Referral Laboratory from Apirl-1-2007.
2.The NSTRTC has become a member laboratory of the international Seed Testing Association, Zurich, Switzerland from 2007.
Which of the statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Which one of the following ministries is implementing the National Bamboo Mission in India?
- (a)
Ministry of Science and Technology
- (b)
Ministry of Rural Development
- (c)
Ministry of Agriculture
- (d)
Ministry of North-Eastern Region
Consider the following statements about Tata Steel
1.It is the Asia's first privately owned integrated Iron and steel plant.
2.It is the first company outside Japan to get the Deming Application Prize in 2008 for excellence in total quality management.
3.Immediately after the enactment of the Provident Fund Law in India, Tata steel introduced provident fund for its employees.
4.It is the first company in the world to get social accountability 8000 certification from the social Accountability International from the USA.
Which of the statements given above is/are correct?
- (a)
1,2,3 and 4
- (b)
1,2 and 3
- (c)
2 and 3
- (d)
3 and 4
Consider the following statements
1. The Per Capita consumption of plastics in India is the highest in the world.
2. The Petrochemical industry in India gives a big boost to the small scale industries.
Which of the statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Choose the correct statements regarding power production in India
- (a)
India produces more than 1.8 lakh MW of power
- (b)
central sector produces largest power
- (c)
private sector production has overtaken the states
- (d)
Both 'b' and 'c'
Which one of the following is correctly matched?
- (a)
Industry Status SAIL Maharatna - (b)
Industry Status IOC Navratna - (c)
Industry Status Coal India Ltd Mini-Ratna - (d)
Industry Status BHEL Mini-Ratna
Consider the following statements about Indian Economy
1.Indian Government has initiated measures like bringing acquisition of all type of ship under open general incense.
2.Indian Government has allowed 100%FDI in the shipping and port sector.
Which of the following given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Consider the following major components of the ITES industry
1. IT services
2. Business Process Outsourcing (BPO)
3. Engineering Services and R&d
4. Software Products
Which of the statements given above is/are the major component(s) of ITES, industry in India?
- (a)
1,2,3 and 4
- (b)
1,2,and 3
- (c)
2,3 and 4
- (d)
1 and 2
Consider the following statements about Rajiv Gandhi Scheme for Empowerment of Adolescent Girls 'SABLA:
1. It covers the adolescent girls in the age group of 11-18
2. Under the scheme, adolescent girls will be provided Take Home Ration ( THR).
- (a)
Only 1
- (b)
Only 1
- (c)
Bothe 1 and 2
- (d)
Neither 1 nor 2
Which one of the following International institutions has offered the concessional loans and grants to the world's poorer developing countries ?
- (a)
IFC
- (b)
IDA
- (c)
IMF
- (d)
WB
Consider the following statements
1. MMTC has promoted a wholly - owned foreign subsidiary MMTC Transitional private Ltd.
2. MMTC has entered into clean power sector which is environment and eco - friendly
Which of the statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both1 and 2
- (d)
Neither 1 nor 2
Which one of the following institutions publish the report of ' World Economic outlook '
- (a)
IMF
- (b)
World Bank
- (c)
RBI
- (d)
UNCTAD
Consider the following statements
1. The rupee coin and half-rupee coins have unlimited legal tenders.
2. The subsidiary coins also have unlimited legal tenders.
Which of the statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Which of the following is not the function of Reserve Bank of India?
- (a)
Provide Credit facility to the general public
- (b)
Keep government money in various account heads
- (c)
Frame Monetary and Credit Policy
- (d)
All are RBi's functions
Consider the following statements
- Primary Agricultural Credit Societies are the grass-root level arms of the short term cooperative credit structure.
- Primary Agrucultural Credit Societies can be started with ten or more people belonging to a village.
Which of the statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Which one of the following is correctly matched?
- (a)
NBFC : Organised Banking sector
- (b)
SHROFFS : Indigenous Banking system
- (c)
NIDHI : Scheduled Banking system
- (d)
None of the above
Match list I with list II and select the correct answer using the codes given below the list
List I (Term) | List II (Explanation) |
A. Fiscal deficit | 1. Excess of total expenditure over receipts |
B. Budget deficit | 2. Excess of revenue expenditure |
C. Revenue deficit | 3. Excess of total expenditure over total receipts Less borrowings |
D. Primary deficit | 4. Excess of total expenditure over total receipts less borrowings and interest payments |
- (a)
A B C D 3 1 2 4 - (b)
A B C D 2 3 4 1 - (c)
A B C D 4 3 1 2 - (d)
A B C D 4 1 3 2
Consider the following taxes
1. Sales tax
2. Value - added tax
3. Property tax
Which of the taxes given above is/are Ad valorem tax/taxes?
- (a)
1 and 2
- (b)
1 and 3
- (c)
2 and 3
- (d)
All of these
Consider the following statements
1.The Cooporate tax is gradually decreased since the liberalization of the Indian Economy.
2.The rates of the Cooporate tax of the domestic and foreign companies are different.
Which of the statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Consider the following statements
1.Central Excise duty is imposed on the goods produced in the country.
2.The commodities on which state Government impose excise duties are exempted fro the Central Excise duties.
Which of the statements given above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
_________help borrowers overcome the problem of lack of collateral and also they are the building blocks of organisation of the rural poor.
- (a)
Government
- (b)
Banks
- (c)
Private Sector
- (d)
SHGs