01. Mark the one which does not belong to the group:
(a) Reserve Bank of India (b) Canara Bank
(c) Union Bank of India (d) Punjab Naitonal Bank
02. Gold rates are decided in the city of ___
(a) Washington (b) London (c) Newyork (d) Singapore
03. Economic planning is an essential feature of ____
(a) Mixed economy (b) Dual economy (c) Socialist economy (d) Capitalist economy
04. Which of the following are public sector companies?
(a) BHEL (b) ONGC (c) OIL (d) All of these
05. HMT industry is situated at
(a) Banglore (b) Chennai (c) Hyderabad (d) Delhi
06. In INDIA the foreign exchange reserves are kept in the custody of
which among the following:
(a) EXIM Bank (b) Ministry of finance
(c) Ministry of Foreign Affairs (d) RBI
07. Vishakapatnam is famous for in our country?
(a) Railway coach buildings (b) Beaches
(c) Ship building (d) Pearl Production
08. In INDIA first operational special economic zone SEZ is at start
(a) Surat (b) Jaipur (c) Indore (d) Tirupur
09. What are the major agricultural crops in Punjab state
(a) paddy (b) tobacco (c) wheat (d) both (a) & (c)
10. Bhilai Iron and Steel company was established during the second five
year planning with financial support:
(a) England (b) Russia (c) Germany (d) America
11. Income Tax and Property Tax are called as:
(a) Indirect taxes (b) Direct taxes (c) Utility taxes (d) Wealth taxes
12. Which of the following schemes has been launched for providing health
serves in rural area?
(a) INNURM (b) ASHA (c) NREP (d) PMRY
13. The most important source of public revenue is :
(a) dividends and profits (b) licence fees (c) interest (d) taxes
14. Hindustan Aeronautics Limited is situated at:
(a) Hyderabad (b) Nagpur
(c) Banglore (d) Delhi
15. Which of the following is an employment generating programme of Government of India
(a) MGNREGA (b) DWACRA (c) NHRM (d) BHARATH NIRMAN
16. Out of the following which one contributes the minimum amount to the Government’s tax revenue
(a) Excise Tax (b) Wealth Tax (c) Income Tax (d) Customs Tax
17. The first attempt to calculate National Income of India was made by
(a) P.C. Mahalanobis (b) V.K.R.V. Rao (c) C.S.O (d) Dada bai Naoroji
18. Name of the first prime minister of India, who presented the budget
(a) Charan Singh (b) Jawaharlal Nehru
(c) Morarji Desai (d) V.P. Singh
19. National Income is the money value of
(a) final goods (b) final services
(c) intermediary goods (d) final goods and services value
20. The theme of the 12th five year plan (2012-2017) document is
(a) faster and more inclusive growth
(b) growth with social justice and equality
(c) faster more inclusive and sustainable growth
(d) stability in growth
21. Which institution is known as soft loan window of world bank
(a) IFC (b) IDA (c) IMF (d) ICSID
22. In which plan phase industrialisation was initiated
(a) 4th plan (b) 3rd plan (c) 2nd plan (d) 1st plan
23. When was the first budget of free India presented
(a) 26th Novermber, 1947 (b) 15th August, 1947
(c) 26th November, 1950 (d) 28th February, 1950
24. Which state ranks first in the production of food crops in Inida?
(a) Uttar pradesh (b) Madhya Pradesh
(c) Andhra Pradesh (d) Himachal Pradesh
25. The minimum Padi-up Capital requirement at present for new
private bank in India is
(a) 100 cr (b) 200 cr
(c) 500 cr (d) 600 cr
26. Which state possesses the maximum percentage of SC population?
(a) Uttar Pradesh (b) Madhya Pradesh
(c) Kerala (d) Punjab
27. NABARD was established on septemeber 12th, 1982 through
the recommendation of
(a) Narasimham Committee
(b) Public Account Committee
(c) Shiva Raman
(d) Ranga Rajan Committee
28. The base year of the present Whole-sale Price Index (WPI) is
(a) 1993-94 (b) 1999-2000 (c) 2004-05 (d) 2011-12
29. The National Income of a nation is
(a) Government’s Annual Revenue
(b) Some total of factor
(c) Surplus of Public sector units
(d) Exports minus Imports
30. The difference between GNP and NNP is equal to
(a) Direct Tax revenue (b) Indirect Tax revenue
(c) Capital Depreciation (d) Consumer Expenditure
31. The eradicate poverty/Garibi hatavo slogan was belongs to
(a) 1st paln (b) 2nd plan (c) 3rd plan (d) 4th plan
32. Which of the following organisation is made specifically responsible
for empowering Micro, Small and Medium enterprises in India?
(a) NABARD (b) SEBI (c) SIDBI (d) IDBI
33. Who finally approves the draft five year plans in our country?
(a) Cabinate Ministry (b) Planning Commission
(c) President (d) NDC
34. Which of the following are the main source of state finance
(a) Sales Tax (b) Customs Tax
(c) Grant in aid (d) Share in Central Tax
35. The former name of Reserve Bank of India was
(a) Imperial Bank of India (b) National Bank of India
(c) Central Bank of India (d) Bank of India
36. In India the ‘Black Revolution’ is associated with self dependence
in the production of
(a) Jute (b) Leather
(c) Crude oil (d) Fertilizers
37. Which of the following are having direct touch with the farmers
(a) State Coperative Bank
(b) Central Co-operative Bank
(c) NABARD
(d) Primary Agricultural Credit Socities
38. Land Developement Bank provide credit to farmers during
(a) Short Term Loan (b) Mid Term Loan
(c) Long Term Loan (d) at Flood Situation
39. The new agricultural strategy called green revolution was initiated in
(a) 1947 (b) 1951 (c) 1965 (d) 1974
40. The main impact of the ‘Green Revolution’ has been on
(a) Cereals (b) Pulses (c) Fruits (d) Vegetables
41. Present in our country professional tax is levied by
(a) Central Government (b) State Government
(c) Local bodies (d) Foreign Government
42. In a government company the share capital of the government
must be not less than
(a) 49% (b) 50% (c) 51% (d) 52%
43. Which of the following is India’s largest agro industry
(a) Sugar Industry (b) Tobacco Industry
(c) Jute Industry (d) Textiles Industry
44. During the 1969 and 1980 the total number of banks nationalised
(a) 14 (b) 19 (c) 20 (d) 27
45. Octroi refers to in our country
(a) Tax (b) Agriculture
(c) Industry (d) Milk Production
46. Which sectors contribution to National Income is declining in India
(a) primary (b) secondary (c) Tertiary (d) All of the above
47. Which of the following is the major source of government’s revenue
(a) Direct Tax (b) Indirect Tax (c) Licence fees (d) Dividends
48. During the 11th five year plan how much we achieved growth rate
(a) 7.6% (b) 7.9% (c) 8% (d) 8.1%
49. Which of the following is a direct tax
(a) Entertainment Tax (b) Estate Tax (c) Excise Duty (d) Sales Tax
50. Which of the following is an indirect tax
(a) Customs Duty (b) Corporation Tax (c) Wealth Tax (d) Gift Tax
Answers:
01.(a) 02. (b) 03. (c) 04. (d) 05. (a)
11. (b) 12. (b) 13. (d) 14. (c) 15. (a)
16. (b) 17. (d) 18. (b) 19. (d) 20. (c)
21. (b) 22. (c) 23. (a) 24. (a) 25. (c) 26. (d) 27. (c) 28. (c) 29. (b) 30. (c)
31. (d) 32. (c) 33. (d) 34. (a) 35. (c)
36. (c) 37. (d) 38. (c) 39. (c) 40. (a)
41. (c) 42. (c) 43. (d) 44. (c) 45. (a)
46. (a) 47. (b) 48. (b) 49. (b) 50. (a)
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