General Knowledge - Indian Economy
Exam Duration: 45 Mins Total Questions : 30
Which one of the following correctly explains the underdeveloped nature of the economy of India?
1. Inequitable distribution of income.
2. High unemployment in the economy.
3. Slow rate of increase in national income.
4. Slow rate of growth of road infrastructure.
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 Shipping Corporation of India Ltd (SCI) is a Navratna Public Sector Companies.
2. The status of SCI has changed from a private limited company to public limited from 1992.
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 maintains the Rural infrastructure Development Fund established in 1995-96?
- (a)
Reserve Bank Of India
- (b)
State Bank Of India
- (c)
Regional Bank of India
- (d)
National Bank of Agriculture and Rural Development
Who presides over the National Development Council of India?
- (a)
Deputy Chairman of the Planning Commission of India
- (b)
Prime Minister of India
- (c)
Finance Minister of India
- (d)
Vice President of India
Consider the following statements
1.The growth of wireline telephone connections in the last five years are decreasing every year.
2.The share of private operations in the wireless telephone in India is more than 85%
Which of the statement/statements above is/are correct?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 and 2
Consider the following statements
1.In the history of Indian Planning, the actual growth rate of the GDP is never higher than the targeted growth rate.
2.In the first five year plan, the actual GDP growth rate was more than the targeted growth rate.
Which of the statement/statements given above is/are correct?
- (a)
1 only
- (b)
2 only
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Consider the following statements
1.20-point programme of the Indian Government includes the measures to uplift the landless workers.
2.The 20-point programme was started by Janata Party Government in 1978.
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 agencies of Indian Government implements the Price Support Scheme (PSS)?
- (a)
FCI
- (b)
NAFED
- (c)
Agriculture Pricing Agency of India
- (d)
None of above
Consider the following statements
1. National Project for Cattle and Buffalo Breeding (NPCBB) was started for genetic improvement.
2. National Project for Cattle and Buffalo Breeding (NPCBB) was launched in 2000.
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 is meeting 85% of the Urea Fertilizer through indigenous production
2.India produces surplus amount of the fertilizer containing phosphorous and potassium.
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 Five Year Plans of Indian Economy encouraged the Industrial Sectors to use Robostics, Fibre Optics to enhance the quality and productivity for the first time in the process of industrialisation of the country?
- (a)
First Plan
- (b)
Second Paln
- (c)
Fourth Plan
- (d)
Seventh Plan
Consider the following statements
1. The first newsprint plant was set up in India at Nepanagar.
2. The first modern steel plant in India was set up Bhadrawati.
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
The Swarnjayanti Shahari Rozgar Yojana which came into operation from 1st January 1997 aims to provide gainful employment to the urban unemployed or underemployed poor but does not include
- (a)
Nehru Rozgar Yojana
- (b)
Urban Basic Services Programme
- (c)
Prime Minister's Integrated Urban Poverty Eradication pProgramme
- (d)
Prime Minister's Rozgar Yojana
What does cyclical unemployment mean?
- (a)
Unemployment during recessionary phase of trade cycle
- (b)
Disguised unemployment
- (c)
Seasonal unemployment
- (d)
Voluntary Unemployment
What is the main objective of the Mahila Samkhya Scheme launched in 1989?
- (a)
A programme for the education and empowerment of girl child in urban slum areas
- (b)
A programme for the education and empowerment of women in rural areas particularly those from socially and economically marginalised groups
- (c)
A programme for the education of children in rural areas those from socially and economically marginalised groups
- (d)
None of the above
Select the one which is not the responsibility of Gram Sabha under the 'Rural Employment Guarantee Act, 2005'
- (a)
To recommend projects to the Gram Panchayat and prepare list of possible works
- (b)
To receive application for work and issue a rated receive
- (c)
To monitor the execution of works within the Gram Panchayat
- (d)
To conduct regular social audits of all projects taken up within the Gram Panchayat
Which one of the following agencies of the Indian Government implements the Prime Minister's Employment Generation Programme?
- (a)
Department of Rural Development
- (b)
Khadi and village Industries Commission
- (c)
Municipality Corporation
- (d)
Panchayat
Consider the following statements
1. Technical Barriers to Trae (TBT) are the category of non tariff barriers to trade under the WTO agreements.
2. TBT have the greatest impact on agriculture due to sanitary and phyto-sanitary measure designed to protect humans, animals, and plants, from diseases, pests, and other contaminates.
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 the component of the deposit money with the public?
- (a)
Demand deposits of banks
- (b)
Time deposits with banks
- (c)
Other deposits with RBI
- (d)
Both 'a' and 'c'
Which one among the following is the source of the Reserve Money (M0) in India?
- (a)
Net foreign exchange assets of RBI
- (b)
Government's currency liabilities to the public
- (c)
Net non-monetary liabilities of the RBI
- (d)
All of the above
Which one of the following is the main composition of the New Broad Money (NM3) as per the recommendations of the Working Group on Money Supply: Analytics and Methodology of Compilation?
1. Narrow Money.
2. Short Term Time Deposits of Residents maturing at one year.
3. Long-term Time Deposits of Residents.
4. Term Funding from Financial Institutions
Select the correct answer using the code given below
- (a)
1 and 2
- (b)
1 and 3
- (c)
2 and 3
- (d)
All of these
Whose signature is found on one rupee notes in India?
- (a)
The Secretary, Finance
- (b)
The Governor, RBI
- (c)
The PM of India
- (d)
None of the above
Which one of the following is the main objective of the Service Area Approach Programme launched in India?
- (a)
To accelerate the process to open bank branches in the urban areas
- (b)
To devise a new strategy for rural lending to bring economic growth in rural areas.
- (c)
To formulate new device to enhance the transparency and functioning of bank branches
- (d)
Both 'a' and 'c' are correct
Which one of the following Companies is eligible for the financial assistance and loans from the Industrial Finance Corporation Of India (IFCI)?
- (a)
Limited Public Companies
- (b)
Public Co-Operatives
- (c)
Private Limited Companies
- (d)
All of the above
Consider the following statements
1. The National Housing Bank (NHB), the apex institution of housing finance in India, was set up as a wholly-owned subsidiary of the RBI.
2. The Small Industrial Development Bank of India(SIDBI) was established as a wholly-owned subsidiary of the Industrial Development Bank of India (IDBI).
Which of the statements given above is/are correct?
- (a)
Only 2
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Select the correct one/ones about the debenture holders of a company using the codes given below
1. They are like shareholders of the company.
2. They are creditors to the company.
3. They are called in the company's annual general meetings.
- (a)
Only 1
- (b)
Only 2
- (c)
2 and 3
- (d)
1 and 3
BSE Sensex is an index to measure ups and downs in the share market The number of companies covered under the index are
- (a)
30
- (b)
40
- (c)
55
- (d)
105
Consider the following items
1.Food products
2.Energy
Which of the items given above are mainly responsible for the Core Inflation?
- (a)
Only 1
- (b)
Only 2
- (c)
Both 1 and 2
- (d)
Neither 1 nor 2
Consider the following Services/Goods
1.Police
2.National defense
3.Tax subsidies
Which of the services/goods given above is/are included in the 'Public Goods' of an ecomomy?
- (a)
1 and 2
- (b)
1 and 3
- (c)
2 and 3
- (d)
Only 2
Which one of the following is related with the core inflation of an economy?
- (a)
Inflation which excludes certain items that face volatile price movements
- (b)
Inflation which includes certain items that face volatile price movements.
- (c)
Inflation due to rise in the production of non-agricultural products
- (d)
Both 'a' and 'b'