1.
Consider the following statements regarding the underdeveloped nature of the economy of India (i) Inequitable distribution of income. (ii) High unemployment in the economy. (iii) Slow rate of increase in national income. (iv) Slow rate of growth of road infrastructure. Which of the statements given above is/are correct?
2.
If the cash, reserve ratio is lowered by the Central bank, what will be its effect on credit creation?
3.
Which of the following are the functions of the Central Bank of India? (i) Regulation of currency and flow of credit system. (ii) Maintaining exchange value of rupee. (iii) Formulating monetary policy of India. (iv) Supervisory powers over the indigenous bankers and leasing companies.
4.
Consider the following statements (i) NABARD is an apex institution handling matters concerning policy, planning and operating the field of credit for agriculture and other developmental activities in rural India. (ii) NABARD operates through its head office at Delhi. Which of the statements given above is/are correct?
5.
Which of the following committees was assigned to recommend reforms in the insurance sector?
6.
Which one of the following can aid in furthering the government objective of inclusive growth? (i) Promotion of self help groups. (ii) Promotion of micro, small and enterprises. (iii) Implementing the right to education. Select the correct answer using the codes given below
7.
The principal source of revenue to the State Government in India is
8.
Which among the following formulates fiscal policy?
9.
Deficit financing is spending
10.
Open market operations of a Central Bank are sale and purchase of
11.
The place where bankers meet and settle their mutual claims and accounts is known as
12.
The ‘Rolling Plan' concept in national planning was introduced by
14.
Economic Planning is a subject
15.
Which one of the following is not a member of Organization of the Petroleum Exporting Countries (OPEC)?
16.
Consider the following related to World Bank organisations, IBRD and IDA (i) India use IDA funds on social sector. (ii) India use development. IBRD funds on infrastructure development (iii) IBRD loans are cheaper than IDA loans. Select the correct answer using the codes given below
17.
How does the consumer benefit with VAT?
19.
When was the Reserve Bank of India taken over by the Government?
20.
National Development Council was set up in
21.
The Planning Commission of India (i) Was set up in 1950. (ii) Is a constitutional body. (iii) Is an advisory body. (iv) Is a government department.
22.
Assertion (A) Most of the famines of 19th century India were caused due to high food prices and extensive rural unemployment. Reason (R) Food was available in the market, although at high prices, even during the worst famines. Codes
23.
Consider the following statements (i) Rajiv Gandhi Grameen Vidyutikaran Yojana which gives free electricity connections to the below poverty line households is implemented by Power Grid Corporation of India. (ii) The Integrated Rural Energy Programme aims to meet the energy needs of cluster of villages through conventional and non-conventional source of energy. Which of the statements given above is/are correct?
24.
Which one of the following is the task of the Planning Commission?
25.
Which of the following sectors does not come under tertiary sector?
26.
Hard Currency is defined as currency
27.
Which bank gives long term loans to farmers?
28.
Which of the following bodies finalises the Five Year Plan proposals?
29.
Which of the following taxes is not levied by the Union Government?
30.
'Repo rate' is the rate at which
32.
The main function of the Exim Bank is
33.
Which one among the following statements regarding the Eighth Five Year Plan in India is not correct?
34.
Consider the following statements (i) MNREGA was launched in the Eleventh Five Plan. (ii) Indira Awaas Yojana was launched in the Nineth Five Year Plan. Which of the statements given above is/are correct?
35.
Which of the following group of states has the largest concentration of rural poor and people living below the poverty line?
36.
Which of the following is an indirect tax?
37.
The minimum effect of Direct Taxes is on
38.
Consider the following statements (i) Life Insurance Corporation of India is the oldest insurance company in India. (ii) National Insurance Company Limited was nationalized in the year 1972 and made a subsidiary of General Insurance Corporation of India. (iii) Headquarters of United India Insurance Company Limited are located at Chennai. Which of the statements given above is/are correct
39.
What are "Open Market Operations'?
40.
Which of the following is not true about 'vote-on account?
41.
The contribution of agriculture to India's economy is
42.
Consider the following statements (i) India is the sixth largest producer of coffee. (ii) India's share in global area under coffee is about 2%. (iii) India contributes about 4% to world production as well as in the International Trade. Which of the statements given above is/are correct?
43.
Schemes run under the National Rural Employment Guarantee Act are sponsored
44.
For regulation of the Insurance Trade in the country the Government has formed
45.
The headquarters of International Monetary Fund and World Bank are located at KEDUCE
46.
The standard of living in a country is represented by its
47.
Economic survey is published by
48.
Consider the following statements (i) In the Eleventh Five Year Plan, the growth rate of the agriculture sector was above 4%. (ii) In the Eleventh Five Year Plan, the agriculture sector contributed more than 25% in the overall GDP of the India. Which of the statements given above is/are correct?
49.
A Scheduled Bank is one which is included in the
50.
The Reserve Bank of India issues
51.
Funds belonging to Government of India are kept in (i) Consolidated Fund of India. (ii) Public Account Fund India. (iii) Contingency Fund of India. Select the correct answer using the codes gives below
52.
Who wrote the book 'Planned Economy for India'?
53.
Which of the following is poorest state in India?
54.
Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns
55.
Excise Duties are taxes on
56.
Customs duties, export duties, corporation taxes, taxes on capital value of assets (excluding agricultural land of individuals and companies) are
57.
The largest contribution in India's National Income is from
58.
In 1921, the presidency banks of Bengal, Madras and Bombay were nationalized to give birth to
59.
The World Bank was created immediately after the Second World War. Its activities are focused on the developing countries. Which among the following are the activities of the Bank? (i) Human development. (ii) Agriculture and rural development. (iii) Environmental protection and governance. (iv) Loans and grants to the member countries. Select the correct answer using the codes given below
60.
Consider the following statements with regard to Statutory Liquidity Ratio (SLR) (i) To meet SLR, commercial banks can use cash only. (ii) SLR is maintained by the banks with themselves. (iii) SLR restricts the bank’s leverage in pumping more money into the economy. Which of the statements given above is/are correct?
61.
Which of the following states ranks first in terms of the maximum numbers of agro-based industries?
62.
Consider the following statements (i) NABARD inherited all the apex roles from Reserve Bank of India. (ii) NABARD gives long-term loans to State Governments to enable them to subscribe to the share of cooperative credit societies. Which of the statements given above is/are correct?
63.
Which of the following is the largest (in terms of turnover) Public Sector organization in India?
64.
The National Income is more at current prices than at constant prices because
66.
Temporary tax levied to obtain additional revenue is called
67.
The Imperial Bank of India, after nationalization was given the name of
68.
Which one of the following statements is/are correct about the Pradhan Mantri Gram Sadak Yojana (PMGSY)?
69.
Rolling plan was designed for the period
70.
India opted for 'Mixed Economy' in
