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MCQ on Indian Economy
The Mahalanobis strategy of Indian Planning gave emphasis to the growth of:
- Agricultural sector
- Services sector
- Heavy Capital Goods Industrial sector
- Small scale Village Industrial sector
Correct Option: C [ Heavy Capital Goods Industrial sector ]
Explanation:
Explanation:
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:
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 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:
Explanation:
Government imposes taxes to:
- run the machinery of State
- uplift of weaker sections
- check the accumulation of wealth among the rich
- None of the above
Correct Option: A [ run the machinery of State ]
Explanation:
Explanation:
Gilt-edged market means:
- Market of government securities
- Bullion market
- Market of commodities
- Market of pure metals
Correct Option: A [ Market of government securities ]
Explanation:
Explanation:
The architect of the Second Five Year Plan was :
- Mahatma Gandhi
- Subhash Chandra Bose
- P. C. Mahalanobis
- None of them
Correct Option: C [ P. C. Mahalanobis ]
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.
Fiscal policy is connected with:
- exports and imports
- issue of currency
- public revenue and public expenditure
- liquidity of money
Correct Option: C [ public revenue and public expenditure ]
Explanation:
Explanation:
Thename of Prasanta Chandra Mahalanobis is associated with:
- First Five-Year Plan
- Second Five-Year Plan
- Third Five-Year Plan
- Fourth Five-Year Plan
Correct Option: B [ Second Five-Year Plan ]
Explanation: Prof. Prasanta Chandra Mahalanobis is also known as the father of Indian Statistics, architect of the Second Five-Year Plan (1956–61).
Explanation: Prof. Prasanta Chandra Mahalanobis is also known as the father of Indian Statistics, architect of the Second Five-Year Plan (1956–61).