MCQ on Indian Economy
Which period in India is known as plan holiday ?
- 1961-1966
- 1965-1966
- 1966-1969
- 1969-1974
Explanation:
Sarva Shiksha Abhiyan (SSA) was launched in the IXth Five Year Plan for:
- education for all
- education for the weaker sections
- universalisation of elementary education
- bridge all the genders and social gaps in education
Explanation:
NITI Aayog, which replaced the Planning commission of India, was formed by a cabinet resolution of the Government of Inda on:
- 1st January, 2015
- 26th January, 2015
- 15th August, 2015
- None of the above
Explanation:
Which of the following was established in 1990 as a wholly owned subsidiary under the Small Industries Development Bank of India Act, 1989 ?
- RBI
- SIDBI
- ICICI
- NABARD
Explanation:
GST abolishes which of the following taxes ?
- Corporation tax
- Service tax
- Income tax
- Wealth tax
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:
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:
A closed economy is an economy in which:
- the money supply is fully controlled
- deficit financing takes place
- only exports take place
- Neither exports nor imports take place.
Explanation:
SRI, which is highly practiced in Tripura is associated with:
- Rice production
- Rural internal connectivity
- E-marketing
- Regards to elders
Explanation:
In India the Repo rate is announced by:
- the Ministry of Finance, Government of India
- the Prime Minister of India
- the Reserve Bank of India
- the President of India
Explanation: