MCQ on Indian Economy
Who wrote the book Planned Economy for India?
- Jawaharlal Nehru
- Indira Gandhi
- M. Visvesvaraya
- Mahatma Gandhi
Explanation:
SRI, which is highly practiced in Tripura is associated with:
- Rice production
- Rural internal connectivity
- E-marketing
- Regards to elders
Explanation:
Which of the statements given below is/are correct?
(i) GNP is always higher than GDP.
(ii) If GDP is greater than GNP, then net factor income earned abroad is negative.
Select the correct answer using the codes given below.
- Only (i)
- Only (ii)
- Both (i) and (ii)
- Neither (i) nor (ii)
Explanation:
The SEBI was given statutory recognition in 1992 on the recommendation of:
- the Chakraborty Commission
- the Chelliah Committee
- the Tendulkar Committee
- the Narasimham Committee
Explanation:
Which is the following is direct tax ?
- Income tax
- Excise duty
- Sales tax
- None of these
Explanation:
Government imposes taxes to:
- run the machinery of State
- uplift of weaker sections
- check the accumulation of wealth among the rich
- None of the above
Explanation:
The Plan launched in the 50th year of Indian Independence was :
- Sixth five year plan
- Eighth five year plan
- Ninth five year plan
- Tenth five year plan
Explanation:
Which of the following Committees are related to Banking reforms: i) Narsimham Committee ii) P J Nayak Committee iii) Sunil Mehta Committee iv) Nachiket Mor Committee
- (i), (ii) and (iii) only
- (ii), (iii) and (iv) only
- (i) and (iv) only
- (i), (ii), (iii) and (iv)
Explanation:
When was National Bank of Agriculture and Rural Development (NABARD) established ?
- 6th Dec, 1947
- 6th Dec, 1982
- 5th Nov, 1982
- 7th Oct, 1982
Explanation:
The World Trade Organisation has replaced which organisation ?
- ITO
- UNCTAD
- GATT
- OECD
Explanation: