Home History Geography Polity General Science Indian Economy Grammar
Welcome, Guest
Warning: mysql_query() [function.mysql-query]: Access denied for user 'sigmjaco'@'localhost' (using password: NO) in /home/sigmjaco/tripuraexam.in/connect.php on line 2

Warning: mysql_query() [function.mysql-query]: A link to the server could not be established in /home/sigmjaco/tripuraexam.in/connect.php on line 2

MCQ on Indian Economy

The earlier name of WTO was:

  • UNCTAD
  • GATT
  • UNIDO
  • OECD
    • Correct Option: B  [ GATT ]

    Explanation: General Agreement on Trade and Tariffs (GATT) under the Marrakesh Agreement. The World Trade Organization (WTO) began journey on 1 January 1995.

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. ]

    Explanation:

Where is the headquarter of Reserve Bank of India (RBI) situated ?

  • Chennai
  • New Delhi
  • Kolkata
  • Mumbai
    • Correct Option: D  [ Mumbai ]

    Explanation: Established in Calcutta but shifted to Mumbai in 1937.

Whose signature is found on the 1000 rupee note of India?

  • Finance Secretary of India
  • Finance Minister Of India
  • Governor, Reserve Bank of India
  • President Of India
    • Correct Option: C  [ Governor, Reserve Bank of India ]

    Explanation:

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

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

    Explanation:

The Reserve Bank of India was established in the year :

  • 1930
  • 1935
  • 1940
  • 1945
    • Correct Option: B  [ 1935 ]

    Explanation: RBI Nationalized on 1st Jan, 1949.

Existence of huge black money creates

  • increase in the inequality of income
  • decrease in the quality of output
  • high living standard for all
  • Both (B) and (C)
    • Correct Option: A  [ increase in the inequality of income ]

    Explanation:

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 ]

    Explanation:

Which of the following is not an asset held by the commercial bank ?

  • Bills of exchange
  • Current account deposits
  • Money lent at short notice
  • Credit balances with the Reserve Bank
    • Correct Option: B  [ Current account deposits ]

    Explanation:

National Development Council was set up in:

  • 1950
  • 1951
  • 1952
  • 1954
    • Correct Option: C  [ 1952 ]

    Explanation:
123456Next >Last »