Home » General Knowledge » GENERAL KNOWLEDGE QUIZ » Indian Economy

Indian Economy MCQ Question and Answer

1.Navaratna Status is concerned with

  • APublic Sector Companies
  • BPrivate Sector Companies
  • CBoth A and B
  • DNone of the above
Answer / Hint Save Question Comment On Question
Correct Answer : (A)

Public Sector Companies
Explanation:

2.Where was first gold refinery established?

  • AAhmedabad (Gujarat)
  • BShirpur (Maharashtra)
  • CBangalore (Karnataka)
  • DMumbai (Maharashtra)
Answer / Hint Save Question Comment On Question
Correct Answer : (B)

Shirpur (Maharashtra)
Explanation:

3.Meera Seth committee was associated with

  • Athe development of handloom industry.
  • Bsex discrimination at work place
  • Cfemale foeticide
  • Dbanking sector
Answer / Hint Save Question Comment On Question
Correct Answer : (A)

the development of handloom industry.
Explanation:

4.Whose name is associated with formulation of planning strategy in Second five Year plan?

  • AMahatma Gandhi
  • BJawahar Lal Nehru
  • CPrasanta Chandra Mahalanobis
  • DB.R. Shenoy
Answer / Hint Save Question Comment On Question
Correct Answer : (C)

Prasanta Chandra Mahalanobis
Explanation:

5.Securities and Exchange Board of India (SEBI) was established on

  • AApril 12, 1988
  • BJuly 12, 1982
  • CJuly 9, 1988
  • DJuly 5, 1995
Answer / Hint Save Question Comment On Question
Correct Answer : (A)

April 12, 1988
Explanation:

6.Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?

  • AThe Comptroller General of Accounts
  • BNITI Ayog
  • CRBI
  • DNone of these
Answer / Hint Save Question Comment On Question
Correct Answer : (A)

The Comptroller General of Accounts
Explanation:

7.The Mid Day Meal scheme was launched on

  • AAugust 15, 2000
  • BAugust 15, 1992
  • CAugust 15, 1995
  • DAugust 15, 2001
Answer / Hint Save Question Comment On Question
Correct Answer : (C)

August 15, 1995
Explanation:

8.During which five Year plan was phase of heavy industrialization initiated?

  • ASecond five year plan
  • BFirst five year plan
  • CThird five year plan
  • DFourth five year plan
Answer / Hint Save Question Comment On Question
Correct Answer : (A)

Second five year plan
Explanation:

9.Income tax in India was introduced by

  • AWilliam Jones
  • BJames Wilson
  • CNicholas Kaldor
  • DMahavir Tyagi
Answer / Hint Save Question Comment On Question
Correct Answer : (B)

James Wilson
Explanation:

10.Open market operation is a part of

  • ACredit Policy
  • BDebit Policy
  • CDeposit Policy
  • DNone of these
Answer / Hint Save Question Comment On Question
Correct Answer : (A)

Credit Policy
Explanation:

11.Who gave the call for Evergreen Revolution?

  • AM. S. Swaminathan
  • BVerghese Kurien
  • CTribhuvandas Patel
  • DH. M. Dalaya
Answer / Hint Save Question Comment On Question
Correct Answer : (A)

M. S. Swaminathan
Explanation:

12.Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of

  • AK.V. Kamath
  • BRaghuram G. Rajan
  • CBimal Jalan
  • DNone of these
Answer / Hint Save Question Comment On Question
Correct Answer : (B)

Raghuram G. Rajan
Explanation:

13.Aam Admi Bima Yojana was launched on

  • ANovember 14, 2011
  • BMarch 5, 2009
  • CMarch 10, 2008
  • DOctober 2, 2007
Answer / Hint Save Question Comment On Question
Correct Answer : (D)

October 2, 2007
Explanation:

14.The Foreign Exchange Management Act (FEMA) was passed in

  • Athe year 2000
  • Bthe year 2005
  • Cthe year 1999
  • Dthe year 2002
Answer / Hint Save Question Comment On Question
Correct Answer : (C)

the year 1999
Explanation:

15.What is the rank of India in the production of cotton in the world?

  • AFirst
  • BSecond
  • CThird
  • DFourth
Answer / Hint Save Question Comment On Question
Correct Answer : (B)

Second
Explanation:

16.In India, the second largest provider of employment after agriculture is

  • ATextile Sector
  • BChemical Sector
  • CIron and Steel Sector
  • DTelecommunication sector
Answer / Hint Save Question Comment On Question
Correct Answer : (A)

Textile Sector
Explanation:

17.Inflation is measured in India on the basis of

  • AWholesale Price Index
  • BConsumer Price Index for urban workers
  • CConsumer Price Index for agricultural workers
  • DNational income deflation
Answer / Hint Save Question Comment On Question
Correct Answer : (A)

Wholesale Price Index
Explanation:

18.A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as

  • ABank rate
  • BStatutory Liquidity Ratio (SLR)
  • CCash Reserve Ratio (CRR)
  • DMandatory deposit
Answer / Hint Save Question Comment On Question
Correct Answer : (C)

Cash Reserve Ratio (CRR)
Explanation:

19.Project ‘Sankalp’ is associated with the elimination of

  • APolio
  • BAIDS/HIV
  • CBoth A and B
  • DNone of the above
Answer / Hint Save Question Comment On Question
Correct Answer : (B)

AIDS/HIV
Explanation:

20.The share of road transport in total transportation of the country is

  • A60%
  • B70%
  • C75%
  • D80%
Answer / Hint Save Question Comment On Question
Correct Answer : (D)

80%
Explanation:

Morning Exam

Morningexam.com provides Electrical MCQs, Notes, Exam Materials and Online Test series for your Competitive exams. You can also get Current Affairs, GK, Aptitude, Verbal Ability, and Reasoning questions. Best for ITI and Diploma Students.

Quick Links

Contact us

Have questions, comments or just want to say hello:

Follow Us

Copyright 2024 All rights reserved. Developed by Sucharita Banerjee