QUESTION CATEGORIES


Indian Economy MCQ (Pages :37)

  • 1021 Which of the following is the most active instrument of organized money market in India?

    (A) Call Money Market
    (B) Treasury Bills
    (C) CPs & CDs (commercial papers & Certificates of deposits)
    (D) None of the above
  • 1022 Which of the following is the name of the organization created to provide full employment and self reliance to the womenfolk in India?

    (A) OECD
    (B) SEWA
    (C) SVP
    (D) ROSCA
  • 1023 which of the following is used by RBI to curb Borrowing powers of the banks?

    (A) Foreign Exchange Management
    (B) Open Market Operations
    (C) Repo rate
    (D) Reverse repo rate
  • 1024 Which of the following is/are Money Market Instruments?

    (A) Treasury Bills
    (B) Commercial Papers
    (C) Certificate of Deposits
    (D) All of the above
  • Money market securities are debt issues with maturities of one year or less. Treasury Bills, Certificate of Deposit as well as Commercial papers are money market instruments.
  • 1025 Which of the following IT companies had to cease its India operations in 1970s in the wake of the FERA restrictions and which reestablished itself only after 1992 when Economic Liberalization in India took place?

    (A) Oracle
    (B) IBM
    (C) IBS Software Services
    (D) Dell
  • 1026 Which of the following measures of money supply is called aggregate monetary resources?

    (A) M1
    (B) M2
    (C) M3
    (D) M4
  • 1027 Which of the following organisations assist a country with the adjustment process under its Extended Fund Facility?

    (A) Asian Development Bank
    (B) World Bank Group
    (C) International Monetary Fund (IMF)
    (D) New Development Bank (NDB)
  • When a country faces serious medium-term balance of payments problems, International Monetary Fund assist the country with the adjustment process under its Extended Fund Facility.
  • 1028 Which of the following organization publishes and continually updates the model tax convention which serves as a template for bilateral negotiations regarding tax coordination and cooperation?

    (A) Organization for Economic Co-operation and Development (OECD)
    (B) Asia-Pacific Economic Cooperation APEC
    (C) G20
    (D) UN
  • 1029 Which of the following organization was set up to maintain a database on Individual’s Credit records?

    (A) ONICRA
    (B) ICRA
    (C) CIBIL
    (D) None of the above
  • 1030 Which of the following organizations hold its “Annual Meeting of the New Champions”?

    (A) World trade Council
    (B) World Economic forum
    (C) International Monetary Forum
    (D) World Bank
  • 1031 Which of the following organizations provides Buffer Stock Financing Facility?

    (A) Reserve Bank of India
    (B) Asian Development Bank
    (C) International Monetary Fund
    (D) World Bank
  • IMF in 1969 to provide financial assistance to members with a temporary balance of payments need arising from contributions to buffer stocks established under approved international commodity agreements
  • 1032 Which of the following scheme was launched under the slogan ” Garibi hatao”?

    (A) Jawahar Rozgar Yojna
    (B) Twenty point programme
    (C) Bharat Nirman
    (D) NREGA
  • 1033 Which of the following sector uses largest fraction of commercial energy in India?

    (A) Industry
    (B) Household
    (C) Transport
    (D) Agriculture
  • 1034 Which of the following sectors is regulated by IRDA?

    (A) Insurance
    (B) Industry
    (C) Finance
    (D) Investment
  • The Insurance Regulatory and Development Authority of India (IRDAI) is the national agency of Government of India (GoI) for the Indian insurance industry. It is the regulatory body established under the Insurance Regulatory and Development Authority Act, 1999 and reports to Ministry of finance. Its headquarters is in Hyderabad, Telangana.
  • 1035 Which of the following statements regarding the ‘Viability Gap Funding Scheme (VGF)’ is not true?

    (A) Under VGF; the central government meets up to 20% of capital cost of a project being implemented in public private partnership (PPP) mode
    (B) The scheme is administered by the ministry of finance.
    (C) Sectors eligible for VGF are Infrastructure; health and education.
    (D) VGF is a force multiplier; enabling government to leverage its resources more effectively.
  • There are many projects with high economic returns, but the financial returns may not be adequate for a profit-seeking investor. For instance, a rural road connecting several villages to the nearby town. This would yield huge economic benefits by integrating these villages with the market economy, but because of low incomes it may not be possible to charge user fee. In such a situation, the project is unlikely to get private investment. In such cases, the government can pitch in and meet a portion of the cost, making the project viable. This method is known as viability gap funding. The scheme is administered by the ministry of finance. Sectors eligible for VGF is only Infrastructure at present.
  • 1036 Which of the following statements/ situation indicates a better welfare due to rising per capita income?

    (A) The per capita income increases with no change in overall income distribution
    (B) The per capita income increases with change in the income distribution in favor of the Rich
    (C) The per capita income increases with change in the income distribution in favor of the Poor
    (D) The per capita income increases with change in the income distribution in favor of the Industrial Labor
  • 1037 Which of the following stock exchange of India was the first to admit the overseas shareholders?

    (A) NSE
    (B) BSE
    (C) Delhi Stock exchange
    (D) None of the above
  • 1038 Which of the following system is maintained by Reserve Bank of India against printing of notes?

    (A) Proportional reserve system
    (B) Minimum Reserve System
    (C) Proportional Gold Reserve System
    (D) Proportional currency Reserve System
  • Originally, the assets of the Issue department were to consist of not less than 2/5th of the Gold or sterling securities, provided Gold was NOT less than Rs. 40 Crores in value. Remaining 3/5th of the assets might be rupee coins. This was called Proportional Reserve System. The system changed in 1956. Since then, RBI is required to maintain a Gold and Foreign Exchange Reserves of Rs. 200 Crore of which at least Rs. 115 Crore should be in Gold. This is called Minimum Reserve System. This system continues till date.
  • 1039 Which of the following took birth with Treaty of Asunción?

    (A) Mercosur
    (B) Gulf Cooperation Council
    (C) G-77
    (D) BRICS
  • Mercosur is a sub-regional bloc of South American countries. Its purpose is to promote free trade and the fluid movement of goods, people, and currency. It was established in 1991 and its headquarters are located at Montevideo (Uruguay). It calls itself the common market of the South America At present, it is a full customs union and a trading bloc. Its full members are Argentina, Brazil, Paraguay and Uruguay
  • 1040 Which of the following Union Territories are included in the National Horticulture Mission?

    (A) Andaman & Nicobar Island and Pondicherry
    (B) Andaman & Nicobar Island & Lakhsadweep
    (C) Andaman & Nicobar Island and Daman & Diu
    (D) Andaman & Nicobar Island; Pondicherry and Lakshadweep
  • 1041 Which state is famous for Lavi Fair?

    (A) Gujarath
    (B) Punjab
    (C) Orissa
    (D) Himachal Pradesh
  • 1042 Which year in the Indian Banking History is a landmark resulting from ‘class banking’ to ‘mass banking’?

    (A) 1960
    (B) 1969
    (C) 1980
    (D) 1991
  • 14 banks are nationalized in 1969
  • 1043 Which year is known for BOP crisis in Indian Economy?

    (A) 1990
    (B) 1991
    (C) 1995
    (D) 1999
  • 1044 While calculating Price Elasticity of demand , which among following should be constant?

    (A) Price
    (B) Demand
    (C) Consumers income
    (D) All the above
  • Price Elasticity of demand is defined as the percentage of change in quantity demanded divided by percentage change in price.
  • 1045 Who among the following acts as agent of Government of India in respect of her membership of IMF?

    (A) Ministry of Finance Government of Indi
    (B) RBI
    (C) SBI
    (D) NABARD
  • 1046 Who among the following are the beneficiaries of the MAFALDA?

    (A) Landless Laborers
    (B) Jobless Youth
    (C) Small Industries
    (D) Small and Marginal Farmers
  • 1047 Who among the following are the beneficiaries of the MAFALDA?

    (A) Landless Laborers
    (B) Jobless Youth
    (C) Small Industries
    (D) Small and Marginal Farmers
  • 1048 Who among the following became the first woman to swim across the Atlantic Ocean?

    (A) Merchandise Trade
    (B) Banking & Finance
    (C) Software Industry
    (D) Tourism
  • 1049 Who among the following declared the First Industrial Policy in the Post Independence Period?

    (A) Jawahar lal Nehru
    (B) Syama Prasad Mookerjee
    (C) Bayya Suryanarayana Murthy
    (D) Rafi Ahmed Kidwai
  • 1050 Who among the following from India functions as the ex-officio Governor on the Board of Governors of the International Monetary Fund?

    (A) President
    (B) Prime minister
    (C) Finance minister
    (D) RBI governor
  • India is a founder member of the International Monetary Fund. Finance Minister is the ex-officio Governor on the Board of Governors of the IMF and Governor, RBI is India`s Alternate Governor. India is represented at the IMF by an Executive Director who also represents three other countries, viz. Bangladesh, Sri Lanka and Bhutan.

"Setting an example is not the main means of influencing others; it is the only means"

- Albert Einstein
PSC Malayalam PSC English android app, LDC, KAS, LGS, PSC Degree Level Exams, PSC Malayalam Questions
Gk4success Nursing App, PSC Staff Nurse, AIIMS, JIPMER, RCC, MOH, HAAD, DHA, PGIMER, ESIC Nursing Exams

Feedback

Please let us know your experience with our website!.

Forgot Password

Please let us know your experience with our website!.