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Indian Economy MCQ (Pages :37)

  • 931 Which among the following ratios correctly denotes Money Multiplier?

    (A) M3: M0
    (B) M1: M3
    (C) M3: M1
    (D) M1: M0
  • 932 Which among the following regulates housing finance companies in India?

    (A) RBI
    (B) National Housing Bank
    (C) Housing Development Finance Corporation
    (D) Housing and Development Boards
  • 933 Which among the following represents a decrease in the Owner’s equity?

    (A) Issue of Bonus Shares
    (B) Redemption of the Debentures
    (C) Redemption of the Preference Shares
    (D) Purchase of the Building
  • A debenture is one of the capital market instruments which is used to raise medium or long term funds from public. A debenture is essentially a debt instrument that acknowledges a loan to the company and is executed under the common seal of the company. The debenture document, called Debenture deed contains provisions as to payment, of interest and the repayment of principal amount and giving a charge on the assets of a such a company, which may give security for the payment over the some or all the assets of the company. Issue of Debentures is one of the most common methods of raising the funds available to the company. It is an important source of finance. Debentures may be redeemed (repaid) a) at a par b) at a premium or c) at a discount. •
  • 934 Which among the following represents accounting year of Reserve Bank of India?

    (A) April- March
    (B) January – December
    (C) September-August
    (D) July-June
  • 935 Which among the following represents an example, in which National Income is double counted?

    (A) Wages of Bus and Wages of Train Drivers
    (B) Coal energy output and hydro electric energy output
    (C) Tax receipts and Salaries of Revenue Officers
    (D) Cotton Output and Cotton cloth output
  • 936 Which among the following represents the Financial Year of the International Monetary Fund?

    (A) January 1 to December 31
    (B) February 1 to January 31
    (C) April 1 to March 31
    (D) May 1 to April 30
  • 937 Which among the following require sponsorship in Indian banking Industry?

    (A) Cooperative Banks
    (B) Private Banks
    (C) Regional Rural Banks
    (D) Multi national Banks
  • 938 Which among the following revolutions is related to ‘fertilizers’?

    (A) Silver Revolution
    (B) Grey Revolution
    (C) Golden Revolution
    (D) Pink Revolution
  • Green Revolution- Food grains, White Revolution Milk, Yellow Revolution-Oil seeds, Blue Revolution-Fisheries Golden Revolution-Fruits; Silver Revolution-Eggs, Round Revolution Potato, Pink Revolution-Meat, Grey Revolution (Fertilizers)
  • 939 Which among the following scheme was NOT started in the Eighth Five Year Plan?

    (A) Members of parliament Local Area Development
    (B) Scheme for Infrastructural Development in Mega Cities
    (C) Mahila Samridhi Yojna
    (D) Jawahar Rozgar Yojana
  • Jawahar Rozgar Yojana was started in 7th plan
  • 940 Which among the following schemes is for prevention of Trafficking and rescue , Rehabilitation and reintegration of Victims of Trafficking and Commercial Sexual Exploitation?

    (A) Swawlamban
    (B) Ujjawala
    (C) Sahayogini
    (D) Swadhar
  • 941 Which among the following sector contributes maximum to GDP in India?

    (A) Primary sector
    (B) Secondary Sector
    (C) Tertiary sector
    (D) Quaternary sector
  • 942 Which among the following sector of Indian Economy is maximum dependent on economic developments in advanced nations?

    (A) Manufacturing Sector
    (B) Agricultural Sector
    (C) Mining Sector
    (D) Service Sector
  • 943 Which among the following sector uses maximum commercial energy in India?

    (A) Household sector
    (B) Agriculture
    (C) Industries
    (D) Transport
  • 944 Which among the following sectors has largest contribution in Gross Domestic Savings in India?

    (A) Public Sector
    (B) Households
    (C) Private Sector Corporates
    (D) Unorganized Sector
  • 945 Which among the following sentence is correct?

    (A) personal income tax is levied on individuals and proceeds are used by central government
    (B) personal income tax is levied on individuals and proceeds are shared between states and central government
    (C) personal income tax has to be levied from all individuals
    (D) none of the above
  • 946 Which among the following sentence is INCORRECT regarding Foreign Currency Non Resident (FCNR) accounts in India?

    (A) Accounts in foreign currencies (FCNR accounts) can be maintained by NRIs with authorized dealers in India.
    (B) FCNR Accounts can be maintained in Pound Sterling; U.S.Dollar; Deutsche Mark; Japanese Yen and Euro
    (C) FCNR accounts can be maintained only in the form of current / savings account as well as ‘term deposits’
    (D) All statements are correct
  • 947 Which among the following sentence is true?

    (A) RBI introduced Repos & Reverse Repos in 1992
    (B) RBI Introduced Repos in 1992 & Reverse Repos in 1996
    (C) RBI introduced Repos & Reverse Repos in 1996
    (D) None of the above
  • 948 Which among the following sentences correctly defines Prime Lending Rates?

    (A) The rate at which banks get money from RBI
    (B) The rate at which banks normally give loan to most favored customers
    (C) The rate at which bank of interest on fixed deposits
    (D) None of the above
  • 949 Which among the following sentences is / are correct?

    (A) The Union Levies; collects and distributes the proceeds of income tax between itself and states
    (B) The Union Levies; collects and distributes the proceeds of income tax between states
    (C) The Union Levies; collects and keeps the proceeds of income tax
    (D) The Union Levies; collects and distributes the proceeds of income tax & Surcharge and only surcharge is distributed among states
  • 950 Which among the following signs represents “narrow money”?

    (A) M0
    (B) M1
    (C) M2
    (D) M4
  • 951 Which among the following state / Union Territory of India has lowest population density as per the provisional data of Census 2011?

    (A) Sikkim
    (B) Arunachal Pradesh
    (C) Lakshadweep
    (D) Andaman & Nicobar Islands
  • 952 Which among the following state has highest number of Export Oriented Units in India?

    (A) Tamil Nadu
    (B) Maharastra
    (C) Karnataka
    (D) Andhra Pradesh
  • 953 Which among the following state is the highest producer of Soyabean in India?

    (A) Uttar Pradesh
    (B) Andhra Pradesh
    (C) Rajasthan
    (D) Madhya Pradesh
  • With 12 million tonnes of production; Soyabean is one of the fastest growing crops in India. Soyabean is grown as a Kharif Crop in India. The top three largest Soyabean growing states are Madhya Pradesh, Maharashtra and Rajasthan. Madhya Pradesh and Maharashtra have 45 and 40% share in production respectively.
  • 954 Which among the following statement is incorrect regarding Land Development Banks?

    (A) They are cooperative institutions
    (B) They meet the needs of the farmers for development purposes
    (C) They have three tier structures
    (D) They grant loans on mortgage security
  • They have two tier structures1.Primary Land Development Bank at district level with branches at taluka level 2. Control or State Land Development Bank. All primary Land Development Banks are federated into Central Land Development Bank at the State Level. In some States,like Gujarat , J & K and UP there is Unitary structure wherein, there is only one State Land Development Bank at the state level operating through its branches and sub-branches at district and below levels
  • 955 Which among the following statement is incorrect regarding the Regional Rural Banks?

    (A) They have been established as per the provisions of Regional Rural Banks Act 1976
    (B) Every Regional Rural Bank is sponsored by commercial banks
    (C) The Regional Rural Banks may open branches in notified area
    (D) All are correct
  • 956 Which among the following statement is incorrect?

    (A) Bharat Nirman is a six pronged programme and was launched in 2005
    (B) NREGA; which is now MGNREGA has been expanded to cover all 604 districts of the country in April 2008
    (C) National Maritime Development Programme was launched in 2008
    (D) All are correct
  • 957 Which among the following statement is NOT correct about the Reserve Bank of India?

    (A) RBI resumes the responsibility of meeting directly all the reasonable demands for accommodation
    (B) RBI holds the Cash Reserves of the Banks
    (C) RBI is an organ of the Government of India
    (D) RBI is responsible for all banking operations of the State Governments
  • 958 Which among the following statements is incorrect:?

    (A) Bank notes in India are guaranteed by Central Government
    (B) RBI has the sole right of issuing bank notes in India
    (C) The power to discontinue / non issue of any denomination of banks lies with Central Government
    (D) all are correct statements
  • 959 Which among the following statements is NOT correct?

    (A) NABARD is the apex institution financing agriculture and rural development
    (B) National Housing Bank is apex institution for providing housing loans on easy conditions
    (C) EXIM bank is apex institution for financing exports and imports
    (D) All are correct
  • 960 Which among the following surveys are conducted by The National Sample Survey Organization or NSSO?

    (A) Socio -economic surveys
    (B) Annual Survey of Industries
    (C) Agricultural surveys
    (D) all of above

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