MCQ on Indian Economy
Three annual plans were launched between:
- 1969 to 1972
- 1986 to 1989
- 1990 to 1993
- 1966 to 1969
Explanation:
Green revolution occurred during:
- 1945-1955
- 1965-1975
- 1985-1995
- none of these
Explanation:
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)
Explanation:
Parallel economy refers to:
- Traditional economy
- Black money
- Agriculture based economy
- Socialist economy
Explanation:
National Food Security Act came into effect in the year:
- 2012
- 2013
- 2014
- None of the above
Explanation:
National Development Council was set up in:
- 1950
- 1951
- 1952
- 1954
Explanation:
From the following statements pertaining to the World Economic Forum (WEF), find the correct
statement(s) :
(i) The WEF is a platform under the International Monetary Fund (IMF).
(ii) The WEF is an independent department of the World Bank.
(iii) The WEF is an International Organization for Public-Private Cooperation.
(iv) The WEF was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland.
Select the correct answer using the codes given below.
- Only (1)
- Only (ii)
- Only (iii) and (iv)
- Only (ii) and (iii)
Explanation:
Find out the statement which is false. Financial Structural reform needs
- fall in government budget deficit
- increase in profitability of economic sectors
- reduce inflationary pressure
- increase in the balance of payment deficit
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
Explanation:
Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one of the following:
- Reduction of Poverty
- Extension of employment opportunities
- Strengthening of capital market
- Reduction in gender inequality
Explanation: