The Iron and Steel plants of Rourkela and Durgapur were conceived under the:

• First Five Year Plan
• Second Five Year Plan
• Third Five Year Plan
• Fourth Five Year Plan
Correct Option: B  [ Second Five Year Plan ]

Remark:

When two or more persons working jointly on the basis of a common plan of action, then it is called:

• Co-operation
• Collaboration
• Co-ordination
• Consulting
Correct Option: B  [ Collaboration ]

Remark:

If the RBI adopts expansionist open market operations policy, this means that it will:

• openly announce to the market that it intends to expand credit
• sell securities in open market
• offer commercial banks more credit in the open market
• buy securities from non-government holders
Correct Option: B  [ sell securities in open market ]

Remark:

Which of the following products of Tripura ranks Second in all India level in terms of production ?

• Paddy
• Bamboo
• Natural gas
• Natural rubber
Correct Option: D  [ Natural rubber ]

Remark:

Gilt-edged market means:

• Market of government securities
• Bullion market
• Market of commodities
• Market of pure metals
Correct Option: A  [ Market of government securities ]

Remark:

Scheme run under MGNREGA are sponsored :

• by the Central Government alone
• by the State Government alone
• partly by the Central Government and partly by the State Government
• by Centre, State and Panchayat bodies together
Correct Option: C  [ partly by the Central Government and partly by the State Government ]

Remark:

GST abolishes which of the following taxes ?

• Corporation tax
• Service tax
• Income tax
• Wealth tax
Correct Option: B  [ Service tax ]

Remark:

ICDS was first introduced in India in the year

• 1975
• 1977
• 1979
• None of these
Correct Option: A  [ 1975 ]

Remark:

A closed economy is an economy in which:

• the money supply is fully controlled
• deficit financing takes place
• only exports take place
• Neither exports nor imports take place.
Correct Option: D  [ Neither exports nor imports take place. ]

Remark:

Where is the headquarter of State Bank of India (SBI) situated ?

• Delhi
• Mumbai
• Pune
• Srinagar
Correct Option: B  [ Mumbai ]

Remark: