Indian Economy Problems And Policies Set 2
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This set of Indian Economy Problems and Policies Multiple Choice Questions & Answers (MCQs) focuses on Indian Economy Problems And Policies Set 2
Q1 | Inflation implies:
- rise in budget deficit
- rise in moneysupply
- rise in general price index
- rise in prices of consumer goods
Q2 | Who is the originator of Green Revolution in India?
- norman e. borlaug
- m.s. swaminathan
- garry backer
- none of these
Q3 | Which of the following is the apex bank of India?
- sbi
- sbt
- rbi
- icici
Q4 | Which one of the following institution formulates monetary policy?
- rbi
- finance ministry
- sebi
- planning commission
Q5 | National income estimation in India is the responsibility of
- nsso
- cso
- finance ministry
- national income committee
Q6 | As per the CSO classification, which of the following does not fall under industrial sector?
- electricity
- gas and water supply
- transport and communication
- manufacturing
Q7 | Which one of the following brings out the publication called ‘Energy Statistics’ from time totime”
- central power research institute
- planning commission
- pfcl
- central statistical organization
Q8 | The headquarters of UNFCCC is located at:
- geneva
- berlin
- tokyo
- bonn
Q9 | Which of the following brings out wholesale Price Index (WPI)
- the reserve bank of india
- the department of economic affairs
- the labour bureau
- ministry of industry
Q10 | Economic depression is usually coupled with:
- deflation
- inflation
- stagflation
- hyperinflation
Q11 | The phenomena of increasing prices but declining output and employment indicates:
- disinflation
- stagflation
- reflation
- open inflation
Q12 | Which of the following is not a measure to control inflation adopted by the RBI and theGovernment?
- monetary policy
- financial inclusion
- variation in margin requirements
- changes in taxation
Q13 | Which of the authority is entrusted to retain the foreign exchange reserve of the country?
- sebi
- central government
- rbi
- exim bank
Q14 | This is the rate at which RBI borrows money from commercial banks:
- open market operations
- slr
- repo rate
- reverse repo rate
Q15 | The basic objective of MUDRA bank is to:
- give priority to sc/st enterprises
- funding the unfunded areas
- ensuring financial inclusion
- all of the above
Q16 | In India deficit financing is used for raising resources for:
- economic development
- redemption of public debt
- adjustment the balance of payments
- reducing the foreign debt
Q17 | Which of the following contributes largest share in the tax revenue of India?
- service tax
- wealth tax
- income tax
- securities transaction tax
Q18 | Which one of the following state introduced ‘fat tax’ for the first time in India?
- gujarat
- kerala
- karnataka
- haryana
Q19 | Demonetisation has the potential to generate long term benefits in terms of:
- reduced corruption
- greater digitalization of the economy
- increased flaws of financial savings
- all of the above
Q20 | What is the level of sex ratio in India as per the Census Report of 2011?
- 930
- 935
- 940
- 945
Q21 | Select the scheme which was launched to promote basic education in India and attractchildren in school going age to attend the classes:
- pulse polio abhiyan
- operation black board
- mid-day meal scheme
- shiksha sahyog yojana
Q22 | The AMRUT (Atal Mission for Rejuvenation and Urban Transformation) programmefocuses on:
- providing water supply
- providing nutritional support
- providing electricity connection
- providing free lpg connection
Q23 | In an economy, head count ratio is the measure of :
- unemployment
- poverty
- literacy
- malnutrition
Q24 | The government of India refers to the absolute poverty line in terms of:
- household savings
- household consumption
- household investment
- household income
Q25 | Which one of the following items has maximum weight in wholesale price index in India?
- primary article
- fuel and power
- manufactured products
- food item