MCQ on Indian Economy
Which of the following is not the part of non-statutory welfare measure ?
- Health
- Education
- Transport
- Employees compensation
Remark:
The Plan launched in the 50th year of Indian Independence was :
- Sixth five year plan
- Eighth five year plan
- Ninth five year plan
- Tenth five year plan
Remark:
Which of the following is the role of Finance Commission ?
- Sharing of net proceeds of taxes between the Centre and States.
- Recommending principles for governing the grants-in-aid to the States by the Centre
- Recommendations on matters referred to it by the President for the interest of finance
- All of the above
Remark:
In order to control inflationary price rise, Reserve Bank directs Banks to
- Reduce rate of interest on credit
- Reduce Statutory Liquidity Ratio (SLR)
- Increase Cash Reserve Ratio (CRR)
- Buy bonds from capital market
Remark:
NITI Aayog, which replaced the Planning commission of India, was formed by a cabinet resolution of the Government of Inda on:
- 1st January, 2015
- 26th January, 2015
- 15th August, 2015
- None of the above
Remark:
New Industrial Policy of India was introduced in the year:
- 1990
- 1991
- 1992
- 1993
Remark:
The qualification for the Chairman and the members of the Finance Commission are specified in:
- Finance Act of 1951
- Finance Act of 1952
- Finance Act of 1950
- Finance Act of 1953
Remark:
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.
Remark:
Which among the following in India has the function of recommending Minimum Support Prices for various commodities to the Government ?
- National Farmers Commission
- Commission for Agricultural Costs and Prices
- Central Statistical organization
- Department of Agriculture
Remark:
Who is the Chairman of the Fifteenth Finance Commission of India ?
- Anurag Thakur
- V. K. Singh
- R. Jain
- N. K. Singh
Remark: