MCQ on Indian Economy
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:
Which of the following products of Tripura ranks Second in all India level in terms of production ?
- Paddy
- Bamboo
- Natural gas
- Natural rubber
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:
First Five Year Plan started in India in the year?
- 1952
- 1956
- 1950
- 1951
Explanation: 1951-56
Consider the following statements regarding the Goods and Services Tax (GST) of India:
(i) GST is a successor to VAT used in India on the supply of goods and services.
(ii) GST came into effect from 1st July, 2017 through the implementation of the one hundred and first Amendment of the Constitution of India.
(iii) Every decision of the GST Council is to be taken by a majority of not less than three fourths of the weighted votes of the members present and
voting at the meeting.
(iv) The GST Council is chaired by the Prime Minister of India.
Select the correct statement/statements using the codes given below.
- (i) only
- (ii) only
- (iii) and (iv) only
- (i), (ii) and (iii) only
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:
'Economic Survey' is published by:
- The Ministry of Finance
- The Planning Commission
- The Government of India
- The Central Statistical Organization
Explanation:
Which of the following is the main problem in the growth of agriculture sector in Tripura ?
- About 96 per cent of the land holdings are small and marginal
- 60 per cent of the total geographical area is forest cover
- Two-third of the geographical area is hilly
- All of the above
Explanation:
Who prints and supplies the currency notes in India:
- State Bank of India
- United Bank of India
- Reserve Bank of India
- United Commercial Bank of India
Explanation:
What is the 'Repo rate' ?
- It is the rate at which International Aid Agencies lend to RBI
- It is the rate at which the banks lend to RBI
- It is the rate at which RBI borrows from the market
- It is the rate at which RBI lends to banks
Explanation: