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MCQ on Indian Economy

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:

Which industry employs the largest number of women in India ?

  • Tea
  • Textile
  • Jute
  • Coal
  • Correct Option: B  [ Textile ]

    Explanation:

Fiscal Deficit is:

  • Government expenditure minus borrowings
  • Government expenditure minus revenue receipts
  • Same as budget deficit
  • Budget deficit minus borrowings and other liabilities
  • Correct Option: B  [ Government expenditure minus revenue receipts ]

    Explanation:

Which of the following is not the part of non-statutory welfare measure ?

  • Health
  • Education
  • Transport
  • Employees compensation
  • Correct Option: C  [ Transport ]

    Explanation:

'Economic Survey' is published by:

  • The Ministry of Finance
  • The Planning Commission
  • The Government of India
  • The Central Statistical Organization
  • Correct Option: A  [ The Ministry of Finance ]

    Explanation:

The basic regulatory authority for mutual funds and stock markets lies with the:

  • Stock exchanges
  • Government of India
  • Reserve Bank of India
  • Securities and Exchange Board of India.
  • Correct Option: D  [ Securities and Exchange Board of India. ]

    Explanation:

ICDS was first introduced in India in the year

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

    Explanation:

In India the Repo rate is announced by:

  • the Ministry of Finance, Government of India
  • the Prime Minister of India
  • the Reserve Bank of India
  • the President of India
  • Correct Option: C  [ the Reserve Bank of India ]

    Explanation:

NABARD stands for:

  • National Activated Bank for Agriculture and Rural Development
  • National Bank for Agriculture and Rural Development
  • National Agricultural Backward and Rural Development
  • National Bank for Accelerated Rural Development
  • Correct Option: B  [ National Bank for Agriculture and Rural Development ]

    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.