INDIAN ECONOMY OBJECTIVE QUESTIONS

1. ‘Pure Banking, Nothing Else’ is a slogan raised by—
(A) ICICI Bank
(B) HDFC Bank
(C) SBI
(D) UTI Bank
Ans : (C)

2. In the end of March 2009, External debt to GDP ratio in India stood at—
(A) 22%
(B) 17•4%
(C) 17•8%
(D) 15•8%
Ans : (A)

3. Indian State having the lowest Infant Mortality Rate is—
(A) Maharashtra
(B) Goa
(C) Gujarat
(D) Kerala
Ans : (D)


4. ‘Smart Money’ is a term used for—
(A) Internet Banking
(B) Credit Card
(C) Cash with Bank
(D) Cash with Public
Ans : (B)

5. Which of the following has the maximum share in GSM Mobile Phone Service Market ?
(A) Vodafone (earlier Hutch)
(B) Airtel
(C) BSNL
(D) Reliance
Ans : (B)

6. The main objective of TRYSEM was—
(A) To train rural youth for self employment
(B) To train urban youth for self employment
(C) Both of the above
(D) None of these
Ans : (A)

7. The establishment of IORARC (Indian Ocean Rim Association for Regional Cooperation) was officially declared on—
(A) March 5, 1996
(B) March 5, 1997
(C) April 1, 1997
(D) August 15, 1947
Ans : (B)

8. Inside Trading is related to—
(A) Share Market
(B) Horse racing
(C) Taxation
(D) Public Expenditure
Ans : (A)

9. The largest source of National Income in India is—
(A) Service Sector
(B) Agriculture
(C) Industrial Sector
(D) Trade Sector
Ans : (A)

10. ‘Public Sector’ means—
(A) Government ownership on commerce and trade
(B) Capitalist ownership on commerce and trade
(C) Private ownership on trade
(D) None of these
Ans : (A)

11. NABARD is—
(A) A bank
(B) A board
(C) A block
(D) A department
Ans : (A)

12. Indian Green Revolution is the most successful in—
(A) Wheat and Potato
(B) Jwar and Oil Seeds
(C) Wheat and Rice
(D) Tea and Coffee
Ans : (C)

13. The period of 11th plan in India is—
(A) 2006–11
(B) 2008–13
(C) 2007–12
(D) 2009–14
Ans : (C)

14. Economic Planning is in—
(A) Union list
(B) State list
(C) Concurrent list
(D) Not any specified list
Ans : (C)

15. Presently (from April 29, 2003) bank rate in India is—
(A) 7•0%
(B) 6•75%
(C) 6.25%
(D) 6•0%
Ans : (D)

16. Gross domestic savings as a proportion of GDP has been improving. What is the average percentage of gross domestic savings proposed during the 11th plan ?
(A) 26•4%
(B) 31•9%
(C) 34•8%
(D) 35•2%
Ans : (C)

17. Nuclear Security Summit-2010 was held on 12-13 April 2010 at—
(A) London
(B) Washington
(C) Singapore
(D) Beijing
Ans : (B)

18. MRTP is related to—
(A) Monopoly and trade restrictions
(B) Inflation control
(C) Transport control
(D) Foreign Exchange Regulations
Ans : (A)

19. Interest Rate Policy is a part of—
(A) Fiscal Policy
(B) Industrial Policy
(C) Monetary Policy
(D) None of these
Ans : (C)

20. The basis of determining dearness allowance to employees in India is—
(A) National Income
(B) Consumer Price Index
(C) Standard of Living
(D) Per Capita Income
Ans : (B)