MCQ on Indian Economy
New Industrial Policy of India was introduced in the year:
- 1990
- 1991
- 1992
- 1993
Explanation:
Scheme run under MGNREGA are sponsored :
- by the Central Government alone
- by the State Government alone
- partly by the Central Government and partly by the State Government
- by Centre, State and Panchayat bodies together
Explanation:
Plan finance creates increase of money supply if there is
- increase in taxes
- increase in loan from the Reserve Bank of India
- increase in loan from commercial Banks
- increase in loan from general public
Explanation:
Which of the following is not the part of non-statutory welfare measure ?
- Health
- Education
- Transport
- Employees compensation
Explanation:
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
Explanation:
Who was the first Governor of Reserve Bank of India (RBI)?
- C D Deshmukh
- Sir Osborne Smith
- James Braid Taylor
- Benegal Rama Rau
Explanation: from 1935 to 1937
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
Explanation:
Parallel economy refers to:
- Traditional economy
- Black money
- Agriculture based economy
- Socialist economy
Explanation:
Who was the father of Operation Flood in India ?
- Dr. Varghese Kurien
- M. S. Swaminathan
- A P J Abdul Kalam
- Morarji Desai
Explanation: Operation Flood related to Milk Production.
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: