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MCQ on Indian Economy
Who was the head of the 10th Finance Commission?
- K.C. Pant
- Manmohan Singh
- Vasant Sathe
- Shiv Shankar
Correct Option: A [ K.C. Pant ]
Explanation:
Explanation:
Where is the headquarter of State Bank of India (SBI) situated ?
- Delhi
- Mumbai
- Pune
- Srinagar
Correct Option: B [ Mumbai ]
Explanation:
Explanation:
Which of the following is a primary sector of economic activities in India ?
- Food processing
- Telecom services
- Manufacturing industry
- Agriculture
Correct Option: D [ Agriculture ]
Explanation:
Explanation:
Which one of the following is the main source of revenue for the states ?
- Property tax
- Sales tax
- Excise duty
- None of these
Correct Option: B [ Sales tax ]
Explanation:
Explanation:
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.
Explanation: General Agreement on Trade and Tariffs (GATT) under the Marrakesh Agreement. The World Trade Organization (WTO) began journey on 1 January 1995.
What is hard currency?
- A stable currency
- Arranged in war time
- Issued by IMF
- Given by RBI to foreign banks
Correct Option: A [ A stable currency ]
Explanation:
Explanation:
Who was the first Governor of Reserve Bank of India (RBI)?
- C D Deshmukh
- Sir Osborne Smith
- James Braid Taylor
- Benegal Rama Rau
Correct Option: B [ Sir Osborne Smith ]
Explanation: from 1935 to 1937
Explanation: from 1935 to 1937
Which of the following sector gives the largest income in India ?
- Trade sector
- Railway
- Agriculture
- Service sector
Correct Option: D [ Service sector ]
Explanation:
Explanation:
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 ]
Explanation:
Explanation:
"SEBI" stands for the:
- State Earnings Board of India
- Securities and Exchange Bank of India
- Securities and Exchange Board of India
- State Exchange Bank of India
Correct Option: C [ Securities and Exchange Board of India ]
Explanation: The Securities and Exchange Board of India was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India.
The Securities and Exchange Board of India was established as a statutory body in the year 1992
Explanation: The Securities and Exchange Board of India was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India.
The Securities and Exchange Board of India was established as a statutory body in the year 1992