MCQOPTIONS
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MCQOPTIONS
This section includes 78 Mcqs, each offering curated multiple-choice questions to sharpen your General Knowledge knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
The ARDC is now a branch of the$? |
| A. | RBI |
| B. | NABARD |
| C. | IDBI |
| D. | SDBI |
| Answer» C. IDBI | |
| 52. |
ICICI is the name of a$? |
| A. | chemical industry |
| B. | bureau |
| C. | corporation |
| D. | financial institution |
| Answer» E. | |
| 53. |
In India, inflation measured by the$? |
| A. | Wholesale Price Index number |
| B. | Consumers Price Index for urban non-manual workers |
| C. | Consumers Price Index for agricultural workers |
| D. | National Income Deflation |
| Answer» B. Consumers Price Index for urban non-manual workers | |
| 54. |
In India, inflation measured by the? |
| A. | Wholesale Price Index number |
| B. | Consumers Price Index for urban non-manual workers |
| C. | Consumers Price Index for agricultural workers |
| D. | National Income Deflation |
| Answer» B. Consumers Price Index for urban non-manual workers | |
| 55. |
Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of: |
| A. | K.V. Kamath |
| B. | Raghuram G. Rajan |
| C. | Bimal Jalan |
| D. | None of these |
| Answer» C. Bimal Jalan | |
| 56. |
Resurgent India Bonds were issued in US dollar, Pound Sterling and |
| A. | Japanese Yen |
| B. | Deutsche Mark |
| C. | Euro |
| D. | French Franc |
| Answer» C. Euro | |
| 57. |
Devaluation of currency will be more beneficial if |
| A. | prices of domestic goods remain constant |
| B. | prices of exports remain constant |
| C. | prices of imports remains constant |
| D. | prices of exports rise proportionately |
| Answer» C. prices of imports remains constant | |
| 58. |
The central co-operative banks are in direct touch with |
| A. | farmers |
| B. | state co-operative banks |
| C. | land development banks |
| D. | central government |
| Answer» C. land development banks | |
| 59. |
The association of the rupee with pound sterling as the intervention currency was broken in |
| A. | 1990 |
| B. | 1991 |
| C. | 1992 |
| D. | 1993 |
| Answer» D. 1993 | |
| 60. |
Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involvesI=interest payments II=subsidies III=defence IV=irrigation |
| A. | I, II |
| B. | I |
| C. | I, II, III |
| D. | II, III, IV |
| Answer» D. II, III, IV | |
| 61. |
Aam Admi Bima Yojana was launched on: |
| A. | November 14, 2011 |
| B. | March 5, 2009 |
| C. | March 10, 2008 |
| D. | October 2, 2007 |
| Answer» E. | |
| 62. |
Redistribution polices geared to reduce economic inequalities include |
| A. | progressive tax policies |
| B. | land reforms |
| C. | rural development policies |
| D. | All the above |
| Answer» E. | |
| 63. |
In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this? I=A large number of farmers are illiterate and know little about scientific agricultureII=Prices of primary products are lower than those of manufactured products III=Investment in agriculture has been low when compared to investment in industry |
| A. | I, II, III |
| B. | I, II |
| C. | I, III |
| D. | II, III |
| Answer» B. I, II | |
| 64. |
National expenditure includes |
| A. | consumption expenditure |
| B. | investment expenditure |
| C. | government expenditure |
| D. | All of the above |
| Answer» E. | |
| 65. |
If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be |
| A. | zero |
| B. | equal to government income |
| C. | larger than government income |
| D. | negative |
| Answer» C. larger than government income | |
| 66. |
In the state of India, the State Financial Corporation have given assistance mainly to develop |
| A. | agricultural farms |
| B. | cottage industry |
| C. | large-scale industries |
| D. | medium and small-scale industries |
| Answer» E. | |
| 67. |
India changed over to the decimal system of coinage in |
| A. | April 1995 |
| B. | April 1957 |
| C. | April 1958 |
| D. | April 1959 |
| Answer» C. April 1958 | |
| 68. |
Ten rupee notes contain the signature of: |
| A. | Finance Secretary, GOI |
| B. | Chairman, SBI |
| C. | Governor, RBI |
| D. | Finance Minister , GOI |
| E. | Prime Minister |
| Answer» D. Finance Minister , GOI | |
| 69. |
One rupee currency note in India bears the signature of- |
| A. | The president of India |
| B. | Finance minister of India |
| C. | Governor (RBI) |
| D. | Finance secretary of Government of India |
| Answer» E. | |
| 70. |
In India, the second largest provider of employment after agriculture is: |
| A. | Textile Sector. |
| B. | Chemical Sector |
| C. | Iron and Steel Sector |
| D. | Telecommunication sector |
| Answer» B. Chemical Sector | |
| 71. |
Which of the following is not a part of machinery that settles industrial disputes? |
| A. | Wage Court |
| B. | Works Committee |
| C. | Conciliation officers |
| D. | Board of Conciliation |
| Answer» B. Works Committee | |
| 72. |
ICICI is the name of a |
| A. | chemical industry |
| B. | bureau |
| C. | corporation |
| D. | financial institution |
| Answer» E. | |
| 73. |
The share of road transport in total transportation of the country is: |
| A. | 60% |
| B. | 70% |
| C. | 75% |
| D. | 80% |
| Answer» E. | |
| 74. |
Foreign Direct Investment ceilings in the telecom sector have been raised from 74 percent to |
| A. | 80 percent |
| B. | 83 percent |
| C. | 90 percent |
| D. | 100 percent |
| Answer» E. | |
| 75. |
In India the term Black Revolution is associated with: |
| A. | Self-dependence in the production of coal |
| B. | Nurturing the Black Soil |
| C. | Self-dependence in the production of petroleum crude oil |
| D. | Self-dependence in the production of balck corp |
| Answer» D. Self-dependence in the production of balck corp | |
| 76. |
In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models? |
| A. | Change in quantity of money - change in investment - change in employment and output - change in rat |
| B. | Change in quantity of money - change in employment and output - change in investment - change in the |
| C. | Change in quantity of money - change in investment - change in rate of interest - change in employme |
| D. | Change in quantity of money - change in rate of interest - change in investment - change in employme |
| Answer» E. | |
| 77. |
The central banking functions in India are performed by the I=Central Bank of India II=Reserve Bank of India III=State Bank of India IV=Punjab National Bank |
| A. | I, II |
| B. | II |
| C. | I |
| D. | II, III |
| E. | IV |
| Answer» C. I | |
| 78. |
Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India? |
| A. | The Comptroller General of Accounts |
| B. | NITI Ayog |
| C. | RBI |
| D. | None of these |
| Answer» B. NITI Ayog | |