Indian Economy MCQ (Pages :37)

  • 181 For which among the following kinds of offenses, COFEPOSA was enacted in 1970s?

    (A) Terrorism Activities
    (B) Religious Offenses
    (C) Economic Offenses
    (D) International Offenses
  • Economic Offenses, Conservation of Foreign exchange and Prevention of Smuggling Activities (COFEPOSA) was enacted in 1974 1076.A persistent fall in the general price level of goods and services is known as __:
  • 182 For which of the commodities the unit bpd is used in international trade?

    (A) Meat & Livestock
    (B) Precious Metals
    (C) Industrial metals
    (D) Crude oil
  • Its barrel per day , amount of crude oil (measured in barrels) produced or consumed by an entity in one day. One barrel 42 gallons
  • 183 For which of the following commodities Price Stabilization Fund Scheme was launched in 2003?

    (A) Tea & Coffee
    (B) Tea ; Coffee ; Rubber & Tobacco
    (C) Tea; Coffee & Rubber
    (D) Tea; Coffee ; Rubber; Tobacco & Coconut
  • 184 For which of the following industries in India, the government is running a scheme called REMOT?

    (A) Tea
    (B) Rubber
    (C) Coir
    (D) Cotton
  • The scheme is Rejuvenation, Modernization and Technology Up gradation of the Coir Industry (REMOT) and aims providing financial assistance to groups of spinners and tiny household workers for replacement of outdated ratts/looms, establishment of work sheds, etc
  • 185 For which of the following the term ” Paper Gold ” is used?

    (A) United States Dollar
    (B) Gold Reserved with International Monetary Fund
    (C) United States Dollar
    (D) Special Drawing Rights
  • 186 Foreign Direct Investment(FDI) and Foreign Institutional Investment(FII) are distinct in terms of?

    (A) FDI brings capital; technology & management and FII brings only capital
    (B) FDI targets specific sectors and FII help in increasing foreign capital availability
    (C) FII is considered more stable
    (D) FII targets both primary and secondary market while FDI targets only primary.
  • 187 Foreign Direct Investment(FDI) and Foreign Institutional Investment(FII) are distinct in terms of?

    (A) FDI brings capital; technology & management and FII brings only capital
    (B) FDI targets specific sectors and FII help in increasing foreign capital availability
    (C) FII is considered more stable
    (D) FII targets both primary and secondary market while FDI targets only primary.
  • 188 Forward Contracts (Regulation) Act was enacted in which year?

    (A) 1950
    (B) 1952
    (C) 1962
    (D) 1970
  • 189 From the given options below bring out the one, which is not an instrument of monetary policy?

    (A) Bank rate Policy
    (B) Reserve Ratio Requirements
    (C) Open market Operations
    (D) Open market Operations
  • 190 From the given options, bring out the one which is not a function / power of Reserve Bank of India:?

    (A) To assume the responsibility of meeting directly or indirectly all reasonable demands for accommodation
    (B) To hold cash reserves of the commercial banks and make available financial accommodation to them
    (C) To enjoy monopoly of the note issue
    (D) To assume the responsibility of statistical analysis of data related to macro economy of India
  • The mentioned function is of Central statistical organization and not of RBI
  • 191 From time to time, which among the following body publishes the “Exchange Control Manual” in context with the Foreign Exchange in India?

    (A) Foreign Trade Promotion Board
    (B) Department of Commerce
    (C) Reserve Bank of India
    (D) SEBI
  • 192 From which of the following country, India imports maximum amount of Tea?

    (A) China
    (B) Kenya
    (C) Nepal
    (D) Bangladesh
  • 193 From which of the following financial years, Seed Crop Insurance began in India?

    (A) 1999-2000
    (B) 2000-2001
    (C) 2001-2002
    (D) 2002-2003
  • 194 From which of the following years Ecommerce in India, online transactions and digital signatures were made legally valid?

    (A) 1998
    (B) 1999
    (C) 2000
    (D) 2001
  • 195 Gender Empowerment Measure (GEM) is one of the five indicators used by the United Nations Development Programme in its annual Human Development Report. It includes which of the following?

    (A) political participation and decision making
    (B) economic participation and decision making
    (C) power over economic resources
    (D) All the above
  • 196 Generally, the acid test ratio should be 1:1 or better for a company in sound economic position.. This is a ratio of which of the following?

    (A) Current Assets : Current liabilities
    (B) Current liabilities : Current Assets
    (C) Total Assets : Current liabilitie
    (D) Total liabilities : Current Assets
  • 197 Hang-Seng is share market index at which of the following?

    (A) Shanghai
    (B) Hong Kong
    (C) Seoul
    (D) Tokyo
  • 198 Headquarters of Central Plantation Crops Research Institute is located at?

    (A) Kasaragod; Kerala
    (B) Dehradun Uttrakhand
    (C) Shillong; Meghalaya
    (D) Coiambatore; Tamil Nadu
  • 199 Headquarters of Forward Market Commission is located at?

    (A) New Delhi
    (B) Lucknow
    (C) Hyderabad
    (D) Mumbi
  • 200 Headquarters of Indian Patent Office is located at?

    (A) Chennai
    (B) Mumbai
    (C) Kolkata
    (D) Hyderabad
  • 201 Headquarters of Indian Patent Office is located at?

    (A) Chennai
    (B) Mumbai
    (C) Kolkata
    (D) Hyderabad
  • 202 Headquarters of National Housing Bank is located at:?

    (A) Hyderabad
    (B) Luckonw
    (C) Mumbai
    (D) New Delhi
  • 203 High Powered Committee under the Chairmanship of Dr. D.R. Mehta, which was constituted in 1993 was related to which of the following?

    (A) Financial Sector Reforms
    (B) Tax Reforms
    (C) Education Reforms
    (D) Integrated Rural Development Programme
  • 204 How many currencies are used in the Real Effective Exchange Rate (REER) that is both trade and export weighted indicator?

    (A) 6
    (B) 18
    (C) 36
    (D) 72
  • 205 How many key infrastructure sectors are known as Core sector in Indian Economy,used for Index of Industrial Production (IIP) data?

    (A) 5
    (B) 6
    (C) 7
    (D) 8
  • 206 How many number of Precision Farming Development Centres (PFDCs) are present in Inidia?

    (A) 20
    (B) 22
    (C) 25
    (D) 30
  • Government has established 22 Precision Farming Development Centres (PFDCs) in the country. These PFDCs are working on various plasticulture applications and precision farming practices and providing technical support to the respective State Governments. These PFDCs are also working with farmers and creating awareness among them about latest cultivation practices through training and awareness programmes and camps.
  • 207 How many states of India are covered under the National Horticulture Mission?

    (A) 14
    (B) 16
    (C) 18
    (D) 20
  • 208 How the National Urban Housing & Habitat Policy 2007 seeks realize its goal of ” Affordable Housing For All’?

    (A) By incentivizing state to encourage low cost construction
    (B) By promoting various types of public-private partnerships
    (C) By allowing FDI in construction
    (D) By deregulating the Construction sector
  • 209 Hundies are normally __________?

    (A) Cheque
    (B) Bills of Exchanges
    (C) Bills of Purchase
    (D) Bills of Lading
  • 210 If a commodity has more number of substitutes, the demand for this commodity will be _______?

    (A) more elastic
    (B) less elastic
    (C) inelastic
    (D) perfectly elastic

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