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IndianEconomyObjectiveQuestions

1.Whichcountryisthelargestoilproducingcountryoftheworld?
(A)SaudiArabia
(B)Russia
(C)America
(D)Noneofthese
2.AttheendofDecember2008,theteledensityinIndiahasbecome
(A)2589%
(B)2689%
(C)3232%
(D)3323%
3.WhichofthefollowingtookthedecisionofestablishingSouthAsianDevelopmentFund?
(A)ADB
(B)WorldBank
(C)SAARC
(D)IMF
4.WorldEnvironmentDayiscelebratedon
(A)June5
(B)June9
(C)June11
(D)June13
5.Whichofthefollowingcommitteehasrecommendedfullrupeeconvertibilityincapitalaccountby201011?
(A)MistryCommittee
(B)TaraporeCommittee
(C)NarsimhamCommittee
(D)RastogiCommittee
6.TRIPSTradeRelatedIntellectualPropertyRightsandTRIMSTradeRelatedInvestmentMeasuresare
associatedwith
(A)PrestonProposal
(B)DunkelProposal
(C)ChelliahCommittee
(D)Noneofthese
7.WhichistrueforFinanceCommission?
(A)Itisastatutorybody
(B)Itisconstitutedunderarticle280oftheConstitution
(C)Dr.C.RangrajanisChairmanof12thFinanceCommission
(D)Allofthese
8.Whatistheprojectedagricultureannualgrowthrateforthe11thplanperiod(20072012)?
(A)38%
(B)40%
(C)50%
(D)45%
9.WhatistheCRRmaximumlimitforacommercialbanktobedepositedwithRBI?
(A)40%
(B)50%
(C)30%
(D)45%
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10.WhatistheCRRminimumlimitforacommercialbanktobedepositedwithRBI?
(A)3%
(B)10%
(C)5%
(D)6%
11.WhatwasthefieldofSunderajanCommittee?
(A)Petroleum
(B)SmallIndustry
(C)Education
(D)Power
12.SENSEXisrelatedwiththevalueofafewselectedcompanies.Thenumberofcompanies
is
(A)300
(B)150
(C)100
(D)30
13.TheofficialexchangerateofIndianrupeeisassociatedwith
(A)PoundSterling
(B)Dollar
(C)SDR
(D)Abasketofselectedcompanies
14.AsaresultofGreenRevolution,whichfoodgrainshadareducedpercentageintotalfoodgrainsproduction?
(A)Wheat
(B)Rice
(C)CerealsandPulses
(D)Noneofthese
15.JanakiramanCommitteewasconstitutedwiththeaim
(A)TosuggestmeasurestoraisePostOfficedeposits
(B)Tosuggestreformsinbankingstructure
(C)Toinvestigatethemalpracticesofindustrialfinance
(D)Toinvestigatethesecuritytransactionsofthebank
16.WhichsectorconstitutesthemaximumshareinNationalIncomeofIndia?
(A)Primary
(B)Secondary
(C)Tertiary
(D)Alltheabovehaveequalshare
17.CorporateTaxisimposedby
(A)StateGovernment
(B)LocalGovernment
(C)CentralGovernment
(D)BothCentreandStateGovernment
18.Whichhighpowercommitteewasconstitutedtoprobeintothefinancialpositionofoilfirmsin2008?
(A)ChaturvediCommittee
(B)RangrajanCommittee
(C)RakeshMohanCommittee
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(D)TendulkarCommittee
19.WhichcityisknownasElectronicCity?
(A)Gurgaon
(B)Bangalore
(C)Jaipur
(D)Salem(TamilNadu)
20.TheoperationaldateofTRIPSagreementofWTOis
(A)January1,2004
(B)January1,2005
(C)January1,2006
(D)January1,2007
21.Thebasicthemeofthe28thInternationalTradeFairwas
(A)WomenEmpowerment
(B)InformationTechnologyGrowth
(C)EnvironmentProtection
(D)Handicrafts
22.WhichofthefollowingcitywillbethefirstcityinIndiatohaveasecondundergroundrailway
corridor?
(A)NewDelhi
(B)Kolkata
(C)Mumbai
(D)Chennai
23.RecentlySEBIhasexemptedthepeopleofaStateformentioningPAN(PermanentAccountNumber)while
tradingmutualfunds.ThisStateis
(A)Sikkim
(B)ArunachalPradesh
(C)Nagaland
(D)Jammu&Kashmir
24.WhichbankinIndiabecamethefirstbanktoopenitsbranchinChina?
(A)IDBIBank
(B)HDFCBank
(C)StateBankofIndia
(D)PunjabNationalBank
25.Whichofthefollowingisnothelpfulincontrollingmoneysupply?
(A)FreeMarketPolicy
(B)CRR
(C)BankRate
(D)Changeinmarginrequirement
26.Duringfirsthalfof200809Indianimportshasshownagrowthof
(A)386%
(B)322%
(C)303%
(D)282%
27.Therevenueofcustomdutygoesto
(A)OnlytoState
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(B)OnlytoCentre
(C)Toboth(A)and(B)
(D)RBI
28.UNPFinitsreportStateofWorldPopulation2008hasprojectedtheIndianpopulationto
be1658crorebytheyear
(A)2025
(B)2030
(C)2040
(D)2050
29.RollingPlanwasmadefortheperiod
(A)1971to1978
(B)1980to1985
(C)1978to1983
(D)1992to1997
30.ThemaximumnumberofForeignInstitutionalInvestorsregisteredwithSEBIcomesfrom
(A)USA
(B)England
(C)Germany
(D)Japan
31.Whatisdebt?
(A)StockflowHypothesis
(B)FlowHypothesis
(C)StockHypothesis
(D)Noneofthese
32.WhichUnionTerritoryisthemostdensepopulatedregionofthecountry?
(A)Lakshadweep
(B)Delhi
(C)AndmanNicobarIslands
(D)Puducherry
33.AtwhichrankhasTataSteelbeenplacedinFortune500listofAmericanbusinessmagazinetolookits
performancetillMarch2008insteadofDecember2007?
(A)201st
(B)211th
(C)221st
(D)231st
34.CONCORDof8statesofNorthernregionisaschemeof
(A)FICCI
(B)ASSOCHAM
(C)CII
(D)Ajointschemeofalltheabove
35.WhichceilingoftheincomewasrecommendedtaxfreefrompersonalincometaxbyKelkar
Committee?
(A)Rs.50000
(B)Rs.75000
(C)Rs.1lakh
(D)Rs.1.5lakh
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36.ThereelectedPresidentofBombayStockExchange(ReelectedinNovember2008)is
(A)JagadishCapoor
(B)DeepakParekh
(C)V.P.Shetty
(D)RajivChandraShekhar
37.ThemascotofthemergedIndianairlineAirIndiais
(A)KonarkChakra
(B)TheCentaur
(C)TheMaharaja
(D)FlyingSwanwithKonarkChakra
38.WhichIndianCommercialBankbecamethefirstinprovidingmobileATMservice?
(A)ICICIBank
(B)IDBIBank
(C)HDFCBank
(D)SBI
39.SouthAsianConferenceonSanitation(SACOSANIII)tookplaceinNewDelhionNovember
1821,2008.Whichofthefollowingbodyorganisedit?
(A)PlanningCommission
(B)MinistryofHealth
(C)MinistryofHumanResourceDevelopment
(D)MinistryofRuralDevelopment
40.ThefirstBRICSummit2009isscheduledtobeheldin
(A)India
(B)Russia
(C)Brazil
(D)China
41.FiscalDeficitmeans
(A)PublicExpenditureDebtsfromssourcesotherthanRBI
(B)PublicCapitalExpenditureSurplusofRevenueAccount
(C)Govt.ExpenditureRevenuereceipts
(D)PublicExpenditureTaxandnontaxrevenuereceipts
42.DunkelDraftwas
(A)AssociatedwithUruguayround
(B)Relatedtoatomictreatyamongnations
(C)RelatedtoSuper301
(D)Relatedtopromotingdrugstrade
43.WhichisthemainKharifcrop?
(1)Rice(2)Cotton
(3)Bajra(4)Gram
(A)1and2(B)2and3
(C)1,2and3(D)1,2,3and4
44.TelecommunicationDepartmentorganisedIndiaTelecom2008incollaborationwith
(A)FICCI
(B)ASSOCHAM
(C)SIDBI
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(D)IndianBankingAssociation
45.BigDigitalTVDTHisasubsidiaryunitof
(A)BhartiAirtel
(B)DishT.V.
(C)TataSky
(D)RelianceCommunications
46.NationalRuralEmploymentGuaranteeAct,2005ensuresforhowmanydaysofemploymentinayearinrural
areas?
(A)365days
(B)Atleast200days
(C)150days
(D)100days
47.ThemajorcurrencyofdominationinIndiasExternalDebtcompositionisUSdollarhaving
shareof
(A)288%
(B)423%
(C)528%
(D)615%
48.Indiaisnotamemberof
(A)G15
(B)UNO
(C)ASEAN
(D)Commonwealth
49.WhichofthefollowingisnotamemberofSAARC?
(A)Nepal
(B)Pakistan
(C)Bangladesh
(D)Myanmar
50.ShankerlalGuruCommitteewasassociatedwith
(A)AgriculturalMarketing
(B)AgricultureProduction
(C)PublicDistributionSystem
(D)Noneofthese

Answers:
1.(C)2.(D)3.(C)4.(A)5.(A)6.(B)7.(D)8.(B)9.(B)10.(A)
11.(A)12.(D)13.(D)14.(C)15.(D)16.(C)17.(C)18.(A)19.(B)20.(B)
21.(A)22.(B)23.(A)24.(C)25.(A)26.(A)27.(B)28.(D)29.(C)30.(A)
31.(C)32.(B)33.(D)34.(C)35.(C)36.(A)37.(D)38.(A)39.(D)40.(B)
41.(D)42.(A)43.(C)44.(A)45.(D)46.(D)47.(C)48.(C)49.(D)50.(A)

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