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Home⇒ Everyday Science GK⇒ Indian economy
Note:- You can add tough questions into your favourite list for second revision. |
Q1 ⇒ In the second nationalization of commercial banks, ___ banks were nationalized. 6 [other wrong options] [Discuss in forum] 4 5 8 |
Q2 ⇒ If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit? Rs. 50,000 crores [other wrong options] [Discuss in forum] Rs. 25,000 crores Rs. 1,00,000 crores Rs. 1,25,000 crores |
Q3 ⇒ Resurgent India Bonds were issued in US dollar, Pound Sterling and Deutsche Mark [other wrong options] [Discuss in forum] Japanese Yen Euro French Franc |
Q4 ⇒ The co-operative credit societies have a three-tier structure [other wrong options] [Discuss in forum] two-tier structure four-tier structure five-tier structure |
Q5 ⇒ The ARDC is now a branch of the NABARD [other wrong options] [Discuss in forum] RBI IDBI SDBI |
Q6 ⇒ Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country? Essar Oil [other wrong options] [Discuss in forum] Reliance Energy GAIL ONGC |
Q7 ⇒ In the state of India, the State Financial Corporation have given assistance mainly to develop medium and small-scale industries [other wrong options] [Discuss in forum] agricultural farms cottage industry large-scale industries |
Q8 ⇒ One of the reasons for India's occupational structure remaining more or less the same over the years has been that investment pattern has been directed towards capital intensive industries [other wrong options] [Discuss in forum] productivity in agriculture has been high enough to induce people to stay with agriculture ceiling on land holdings have enabled more people to own land and hence their preference to stay with agriculture people are largely unaware of the significance of transition from agriculture to industry for economic development |
Q9 ⇒ The apex body for formulating plans and coordinating research work in agriculture and allied fields is Indian Council of Agricultural Research [other wrong options] [Discuss in forum] State Trading Corporation Regional Rural Banks National Bank for Agriculture and Rural Development (NABARD) |
Q10 ⇒ Fiscal deficit in the Union Budget means the sum of budgetary deficit and net increase in internal and external borrowings [other wrong options] [Discuss in forum] the difference between current expenditure and current revenue net increase in Union Governments borrowings from the Reserve Bank of India the sum of monetized deficit and budgetary deficit |
Q11 ⇒ Devaluation of currency leads to increase in domestic prices [other wrong options] [Discuss in forum] fall in domestic prices no impact on domestic prices erratic fluctuations in domestic prices |
Q12 ⇒ The central banking functions in India are performed by the I. Central Bank of India II. Reserve Bank of India III. State Bank of India IV. Punjab National Bank II [other wrong options] [Discuss in forum] I, II I II, III |
Q13 ⇒ Non Tax revenues can be increased by improving the working of the commercial irrigation projects [other wrong options] [Discuss in forum] State Road Transport Corporations electricity boards All of the above |
Q14 ⇒ The central co-operative banks are in direct touch with state co-operative banks [other wrong options] [Discuss in forum] farmers land development banks central government |
Q15 ⇒ Which of the following is not an undertaking under the administrative control of Ministry of Railways? Indian Railways Construction Company Limited [other wrong options] [Discuss in forum] Container Corporation of India Limited Konkan Railway Corporation Limited Diesel Locomotive Works, Varanasi |
Q16 ⇒ Gross domestic capital formation is defined as net addition to stock after depreciation [other wrong options] [Discuss in forum] flow of expenditure devoted to increased or maintaining of the capital stock expenditure incurred on physical assets only production exceeding demand |
Q17 ⇒ How many banks were nationalized in 1969? 14 [other wrong options] [Discuss in forum] 16 15 20 |
Q18 ⇒ Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to NABARD [other wrong options] [Discuss in forum] ARDC SBI PACs |
Q19 ⇒ The Board of Industrial and Financial Reconstruction (BIFR) came into existence in 1987 [other wrong options] [Discuss in forum] 1984 1986 1989 |
Q20 ⇒ Depreciation means loss of equipment over time due to wear and tear [other wrong options] [Discuss in forum] closure of a plant due to lock out closure of a plant due to labour trouble destruction of a plant in a fire accident |
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