MCQ on Indian Economy
Chairman of the 15th Finance Commission of India-
- NK Singh
- YV Reddy
- Ranghuram Rajan
- Ramesh Chand
Explanation:
Which institution in India controls the monetary policy of Indian currency?
- Finance Commission
- The Finance Ministry of India
- The Reserve Bank of India
- None of the above
Explanation:
About Deendayal Antyodaya Yojana (DAY) which of the following is not correct ?
- It focuses on both the rural and urban areas
- It aims at skill development.
- It is a State Government's scheme
- It has replaced Ajeevika
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:
The period of high inflation and low economic growth is termed as:
- Stagnation
- Take-off stage in economy
- Stagflation
- Depression
Explanation:
If withdrawal of a worker from employment does not create any output loss, this situation is known as
- Search unemployment
- Voluntary unemployment
- Disguised unemployment
- Frictional unemployment
Explanation:
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
Explanation:
In India, which sector generally suffers from the problem of surplus labour ?
- Agriculture
- Industry
- Service
- All of these
Explanation:
'Economic Survey' is published by:
- The Ministry of Finance
- The Planning Commission
- The Government of India
- The Central Statistical Organization
Explanation:
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
Explanation: