1) FIRST STATE IN INDIA TO LAUNCH A POLICY TO ESTABLISH SPECIAL AGRICULTURE ZONES (SAZS):
(a) Uttar Pradesh
(b) Gujarat
(c) Haryana
(d) Uttarakhand
Ans)(d) Uttarakhand
2) HIGHEST PERCENTAGE OF NITROGEN IS FOUND IN WHICH AMONG THE FOLLOWING FERTILIZERS AMONG THE GIVEN OPTIONS ?
(a) Calcium ammonium nitrate
(b) Ammonium nitrate
(c) Calcium nitrate
(d) Urea
Ans)(d) Urea
3) FOR WHICH OF THE COMMODITIES THE UNIT BPD IS USED IN INTERNATIONAL TRADE ?
(a) Meat & Livestock
(b) Precious Metals
(c) Industrial metals
(d) Crude oil
Ans)(d) Crude oil
4) WHO AMONG THE FOLLOWING WAS THE FIRST DEPUTY CHAIRMAN OF THE PLANNING COMMISSION ?
(a) .T. Krishnamachari
(b) C.M. Trivedi
(c) Gulzari Lal Nanda
(d) Ashok Mehta
Ans)(d) Ashok Mehta
5) WHICH OF THE FOLLOWING IS NOT A MEASURE TO CONTROL INFLATION ADOPTED BY THE GOVERNMENT OR RBI ?
(a) Monetary Policy
(b) Fiscal Policy
(c) Financial Inclusion
(d) Price Control
Ans)(c) Financial Inclusion
6) THE AD VALOREM TAX IS APPLIED ON WHICH AMONG THE FOLLOWING ?
(a) The price of commodity
(b) The value added
(c) The advertisement expenditure
(d) The unit of the commodity
Ans)(a) The price of commodity
7) WHAT DO WE CALL AN ARRANGEMENT WHEREBY AN ISSUING BANK AT THE REQUEST OF THE IMPORTER (BUYER) UNDERTAKES TO MAKE PAYMENT TO THE EXPORTER (BENEFICIARY) AGAINST STIPULATED DOCUMENTS ?
(a) Bill of Exchange
(b) Letter of Exchange
(c) Letter of Credit
(d) Bill of Entry
Ans)(c) Letter of Credit
8) THE RESERVE BANK OF INDIA WORKS AS A LENDER OF THE LAST RESORT (LOLR). WHICH AMONG THE FOLLOWING IS THE CORRECT STATEMENT IN THIS CONTEXT ?
(a) RBI meets all the demands of the commercial banks in times of difficulties
(b) RBI meets all the reasonable demands of the commercial banks in times of difficulties
(c) RBI is the last lender to the Government at the centre and the states
(d) RBI grants loans to the banks and also the Governments in states
Ans)(b) RBI meets all the reasonable demands of the commercial banks in times of difficulties
9) IN INDIA, TANK IRRIGATION IS MORE COMMON IN WHICH OF THE FOLLOWING REGIONS ?
(a) Rocky plateu regions with uneven and highly seasonal rainfalls
(b) Regions with presence of perennial rivers and plenty of rainfall
(c) Arid and Semi Arid regions with scanty rainfallÂ
(d) Coastal regions with regular rainfallÂ
Ans)(a) Rocky plateu regions with uneven and highly seasonal rainfalls
10) THE CORE WORK OF MUDRA (SIDBI) BANK IS TO:
(a) act as a direct financing channel to MSMEs
(b) undertake refinance operations
(c) help increase high capital intensive start ups in India
(d) facilitate increase in FDI into the Indian MSMEs
Ans)(d) facilitate increase in FDI into the Indian MSMEs
11) THE PORTION OF TOTAL DEPOSITS OF A COMMERCIAL BANK WHICH IT HAS TO KEEP WITH ITSELF IN THE FORM OF LIQUID ASSETS IS CALLED ___ ?
(a) Statutory Liquidity Ratio
(b) Cash Reserve Ratio
(c) Statutory Reserve Ratio
(d) Cash ratio
Ans)(a) Statutory Liquidity Ratio
12) WHICH OF THE FOLLOWING COMMODITIES ARE DIRECTLY AFFECTED BY THE FLUCTUATIONS IN INTERNATIONAL RATES OF THE CRUDE OIL ?
(a) Edible Oils
(b) Cereals
(c) Gold & Silver
(d) Consumer nondurable
Ans)(c) Gold & Silver
13) RS. 100 NOTES ARE PRINTED IN WHICH OF THE FOLLOWING ?
(a) The Indian Security Press Nasik
(b) The Security Printing Press Hyderabad
(c) The bank Note Press, Dewas
(d) All1,2&3
Ans)(d) All1,2&3
14) WHO AMONG THE FOLLOWING ARE THE BENEFICIARIES OF WAYS AND MEANS ADVANCES (WMA) FACILITY OF RESERVE BANK OF INDIA ?
(a) Commercial Banks
(b) Regional Rural banks
(c) State Governments
(d) Authorized Dealers of Foreign Exchanges
Ans)(c) State Governments
15) EURIBOR IS A TERM ASSOCIATED WITH WHICH OF THE FOLLOWING ?
(a) An International Financial Company
(b) An association of European Financial Service providers
(c) A reference rate for Euro Money Market
(d) A credit rating agency of Europe
Ans)(c) A reference rate for Euro Money Market
16) WHICH OF THE FOLLOWING IS NOT A MEASURE TO CONTROL INFLATION ADOPTED BY THE GOVERNMENT OR RBI ?
(a) Monetary Policy
(b) Fiscal Policy
(c) Financial Inclusion
(d) Price Control
Ans)(c) Financial Inclusion
17) WHICH AMONG THE FOLLOWING CORRECTLY DENOTES THE PRIMARY DEFICIT ?
(a) Revenue Expenditure – Revenue Receipts
(b) sum of the net increase in holdings of treasury bills of the RBI and its contributions to the market borrowing of the government.
(c) Budgetary Deficit + Govt. market borrowings and liabilities
(d) Fiscal Deficit – Interest Payments
Ans)(d) Fiscal Deficit – Interest Payments
18) WHICH OF THE FOLLOWING COUNTRIES IS THE MAIN COMPETITOR FOR THE INDIAN JUTE INDUSTRY ?
(a) Japan
(b) China
(c) Sri Lanka
(d) Bangladesh
Ans)(d) Bangladesh
19) WHICH OF THE FOLLOWING IS FACILITATED BY FOREIGN EXCHANGE RESERVES ?
(a) External trade
(b) Orderly development
(c) Maintenance of foreign exchange market
(d) All of the above
Ans)(d) All of the above
20) OPENING OF MAXIMUM OF ATMS IS AN EXAMPLE OF WHICH OF THE FOLLOWING ?
(a) Indirect marketing
(b) Direct marketing
(c) Social marketing
(d) None of these
Ans)(b) Direct marketing
21) WHICH STATE HAS BEEN PLACED AT TOP SPOT BY WORLD BANK FOR EASE OF DOING BUSINESS IN INDIA ?
(a) Gujarat
(b) Andhra Pradesh
(c) Maharashtra
(d) Tamil Nadu
Ans)(a) Gujarat
22) WHICH OF THE FOLLOWING WAS THE OPERATIONAL PERIOD OF 12TH FIVE YEAR PLAN ?
(a) 2007–12
(b) 2012–17
(c) 2015–20
(d) 2005–10
Ans)(b) 2012–17
23) INFRASTRUCTURE FINANCE COMPANY IS ENGAGED IN BUSINESS OF WHICH OF THE FOLLOWING ?
(a) Debts
(b) Infrastructure loan
(c) Marketing
(d) None of the above
Ans)(b) Infrastructure loan
24) STANDARD OF LIVING OF A NATION CAN BE JUDGED BY WHICH OF THE FOLLOWING ?
(a) Increase in GNP at factor cost
(b) Increase in GNP at cost including taxes and duties
(c) Increase in NNP at factor cost
(d) None of the above
Ans)(a) Increase in GNP at factor cost
25) THE SHARE OF VILLAGE AND SMALL-SCALE INDUSTRIES IN THE TOTAL OUTPUT OF THE MANUFACTURING SECTOR IS NEARLY HOW MUCH ?
(a) 40%
(b) 35%
(c) 25%
(d) 15%
Ans)(a) 40%
26) WHICH OF THE FOLLOWING IS THE RANGE OF AVERAGE RATE OF DOMESTIC SAVINGS (GROSS) FOR THE INDIAN ECONOMY ?
(a) 15 to 20 per cent
(b) 20 to 25 per cent
(c) 25 to 30 per cent
(d) 30 to 35 per cent
Ans)(b) 20 to 25 per cent
27) WHAT DOES FREE MARKET IN AN ECONOMY IMPLY ?
(a) Minimum government intervention in trade and maximum regulations
(b) Maximum government intervention in trade and maximum regulations
(c) Minimum government intervention in trade and minimum regulations
(d) Maximum government intervention in trade and maximum regulations
Ans)(c) Minimum government intervention in trade and minimum regulations
28) WHO IS THE AUTHOR OF “VOLATILITY AND GROWTH” ?
(a) Esther Duflo
(b) Amartya Sen
(c) Abhijit Banerjee
(d) Jagadish Bhagwati
Ans)(c) Abhijit Banerjee
29) WHICH OF THE FOLLOWING IS A REASON FOR INDIA TO BE A DEVELOPING COUNTRY ?
(a) Most pople depend on agriculture
(b) No rapid Industrialization
(c) Scarce Capital
(d) Low per capita income
Ans)(d) Low per capita income
30) WHICH OF THE FACTORS DETERMINE THE CROPPING PATTERN ?
1. Rainfall
2. Climate
3. Temperature
4. Soil type
Choose the correct option from the codes given below:
(a) 1 ,2 and 4 only
(b) 1 ,2 and 3 only
(c) 2 ,3 and 4 only
(d) 1 ,2, 3 and 4
Ans)(d) 1 ,2, 3 and 4
31) WHICH SECTOR AMONG THE CORE SECTORS HAS MORE WEIGHT IN THE CALCULATION OF THE INDEX OF INDUSTRIAL PRODUCTION ?
(a) Refinery products
(b) Fertilizers
(c) Consumer durables
(d) Steel
Ans)(a) Refinery products
32) WHICH INDEX HELPS TO UNDERSTAND THE GROWTH OF VARIOUS SECTORS OF THE ECONOMY ?
(a) IIP
(b) CPI
(c) WPI
(d) None of the above
Ans)(a) IIP
33) WHAT IS THE MAXIMUM LOAN GIVEN UNDER MUDRA YOJNA ?
(a) 10 Lakhs
(b) 20 Lakhs
(c) 50 Lakhs
(d) 15 Lakhs
Ans)(a) 10 Lakhs
34) WHAT IS THE MAXIMUM TURNOVER FOR A MEDIUM COMPANY IN THE SERVICE SECTOR ?
(a) 10 crores
(b) 100 crores
(c) 50 crores
(d) None of the above
Ans)(b) 100 crores
35) WHICH COUNTRY IS THE TOP CAPITAL GOODS EXPORTER ?
(a) Japan
(b) France
(c) China
(d) Germany
Ans)(c) China
36) WHICH IS THE LARGEST ELECTRICAL EQUIPMENT MANUFACTURER IN INDIA ?
(a) BHEL
(b) Havells India ltd
(c) Kirloskar Electric co ltd
(d) BEL
Ans)(a) BHEL
37) WHAT IS FDI ALLOWED IN BROWNFIELD PROJECTS OF MEDICAL DEVICE COMPANIES ?
(a) 74%
(b) 100%
(c) 49%
(d) 51%
Ans)(b) 100%
38) WHICH COUNTRY IS THE LARGEST PHARMA EXPORTER IN THE WORLD ?
(a) India
(b) Germany
(c) USA
(d) Belgium
Ans)(b) Germany
39) DURING WHICH YEAR WAS THE FIRST IRON AND STEEL UNIT ON MODERN LINES WAS ESTABLISHED ?
(a) 1830
(b) 1851
(c) 1889
(d) 1923
Ans)(a) 1830
40) WHICH MINISTRY IMPLEMENTS PMGDISHA SCHEME ?
(a) Minsitry of Tribal Affairs
(b) Ministry of Electronics and Information technology
(c) Ministry of rural development
(d) Ministry of MSME
Ans)(b) Ministry of Electronics and Information technology
41) WHEN WAS THE FIRST NATIONAL HEALTH POLICY OF INDIA CREATED ?
(a) 1983
(b) 1989
(c) 1993
(d) 1990
Ans)(a) 1983
42) WHO HEADED THE FIRST NATIONAL COMMISSION ON LABOUR IN INDIA ?
(a) Justice GP Mathur
(b) Justice Guman Mal Lodha
(c) Justice P.B. Gajendragadkar
(d) Justice J S Verma
Ans)(c) Justice P.B. Gajendragadkar
43) IF THE AVERAGE COST FALLS, WHAT WILL BE THE MARGINAL COST ?
(a) increases at a higher rate
(b) falls at the same rate
(c) increases at a lower rate
(d) falls at a higher rate
Ans)(b) falls at the same rate
44) WHICH IS THE LARGEST EXPORTED ITEM OF INDIA ?
(a) Refined Petrol
(b) Diamond
(c) Rice
(d) Aluminium
Ans)(a) Refined Petrol
45) A DEMAND CURVE, WHICH IS PARALLEL TO THE HORIZONTAL AXIS, SHOWING QUANTITY, IS EQUAL TO THE PRICE ELASTICITY OF:
(a) Zero
(b) One
(c) Less than one
(d) Infinity
Ans)(d) Infinity
46) SAVINGS IS THAT PART OF MONEY INCOME WHICH IS WHAT ?
(a) spent for development of Industries
(b) not spent on consumption
(c) spent on health and education
(d) spent for consumer durables
Ans)(b) not spent on consumption
47) WHAT IS THE NAME OF THE INDIAN STATE WITH THE HIGHEST TAX REVENUE ?
(a) Assam
(b) Sikkim
(c) Karnataka
(d) Maharashtra
Ans)(d) Maharashtra
48) ‘GALLOP INFLATION’ IS ALSO KNOWN AS WHAT ?
(a) Walking Inflation
(b) Running Inflation
(c) Hyperinflation
(d) Creeping Inflation
Ans)(c) Hyperinflation
49) WHO AMONG THE FOLLOWING FORMULATES THE FISCAL POLICY IN INDIA ?
(a) Planning Commission
(b) Finance Commission
(c) Reserve Bank of India
(d) Ministry of Finance
Ans)(d) Ministry of Finance
50) WHICH OF THE FOLLOWING IS REQUIRED TO BE FOLLOWED WHILE COMPUTING THE NATIONAL INCOME ESTIMATES ?
(a) The value of exports to be added and the value of imports to be subtracted
(b) The value of exports to be subtracted and the value of imports to be added
(c) The value of both exports and imports to be added
(d) The value of both exports and imports to be subtracted
Ans)(a) The value of exports to be added and the value of imports to be subtracted
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