MCQ on Indian Economy
Which of the following is not the part of non-statutory welfare measure ?
- Health
- Education
- Transport
- Employees compensation
Explanation:
The LPG model of development was introduced by India since:
- 1991
- 1992
- 1993
- 1994
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
Where is the headquarter of State Bank of India (SBI) situated ?
- Delhi
- Mumbai
- Pune
- Srinagar
Explanation:
Which prograrnme gave the slogan, Garibi Hatao ?
- 4th Five Year Plan
- 5th Five year plan
- 6th Five Year Plan
- 7th Five year plan
Explanation:
The Special Economic Zones Act was passed by the Indian Parliament in 2005 and the Act came into force in:
- 2006
- 2009
- 2010
- 2012
Explanation:
The highest body which approves the Five Year Plan in India is :
- Parliament
- Planning Commission
- National Development Council
- Finance Commission
Explanation:
Assertion (A) :
The development programmes undertaken in India are oriented towards economic growth along with social justice.
Reason (R) :
Indian economy is afflicted with poverty, unemployment and inequalities.
Select the correct answer from the following options.
- Both (A) and (R) are correct, and (R) is the correct explanation for (A)
- Both (A) and (R) are correct, but (R) is not the correct explanation for (A)
- (A) is correct, but (R) is not correct
- (A) is not correct, but (R) is correct
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:
When two or more persons working jointly on the basis of a common plan of action, then it is called:
- Co-operation
- Collaboration
- Co-ordination
- Consulting
Explanation: