Indian Economy

Description: Indian Economy General Knowledge Practice and Online Preparation Test for Bank PO, SSC, CDS, UPSC and Other Exams
Number of Questions: 25
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Tags: Indian Economy Indian Economy GK General Knowledge Bank UPSC Commerce BBA Placement Papers GDP Rapo Rate Economics Finance India
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Directions: Choose the correct option for the given question.

Which one of the following persons occupies the top rank in Forbes' list of World's richest people?

  1. Bill Gates

  2. Warren Buffett

  3. Carlos Slim Helu

  4. Laxmi Mittal


Correct Option: B

Directions: Choose the correct option for the given question.

Which company is providing mobile service with the name 'Cellone' to the consumers?

  1. MTNL

  2. BSNL

  3. Reliance Infocom

  4. Bharti Tele


Correct Option: B

Directions: Choose the correct option for the given question.In Budget proposals for 2008-09, which of the following gives 24% contribution in revenue collection of union government?

  1. Income Tax

  2. Excise

  3. Corporation Tax

  4. Non-tax Revenue


Correct Option: C

Directions: Choose the correct option for the given question.

'India Brand Equity Fund' was established in

  1. 1996

  2. 1997

  3. 1995

  4. 1992


Correct Option: A

Directions: Choose the correct option for the given question.

Allocation for Government subsidies for 2008-09 has been hiked by ____ percent as compared with the figure of 2007-08.

  1. 2.0%

  2. 2.42%

  3. 3.3%

  4. 3.8%


Correct Option: B

Directions: Choose the correct option for the given question.

12th Finance Commission has recommended to merge and determine one single interest rate on various outstanding central loans to states having different interest rates. What is this recommended interest rate?

  1. 7.0%

  2. 7.5%

  3. 8.0%

  4. 8.5%


Correct Option: B

Directions: Choose the correct option for the given question.

In 2008-09 budget proposals maximum revenue collection is proposed from

  1. Service Tax

  2. Income Tax

  3. Excise duty

  4. Corporation Tax


Correct Option: D

Directions: Choose the correct option for the given question.

In 2008-09 budget proposals, income tax exemption limit for women has been hiked to

  1. Rs. 1,65,000

  2. Rs. 1,75,000

  3. Rs. 1,80,000

  4. Rs. 1,85,000


Correct Option: C

Directions: Choose the correct option for the given question.

According to 2001 census, Indian Population was

  1. 98.7 crore

  2. 100.0 crore

  3. 102.9 crore

  4. 105.7 crore


Correct Option: C

Directions: Choose the correct option for the given question.

Under Prime Minister's Integrated Urban Poverty Eradication Programme (PMIUPEP) those urban areas were included which had a population

  1. upto 50,000

  2. between 50,000 and 1 lakh

  3. between 50,000 to 5 lakh

  4. none of these


Correct Option: B

Directions: Choose the correct option for the given question.

As per the findings of 61st round of survey of NSSO, the share of female work force in informal sector in urban India between the period 1999-2000 to 2004-05 has declined by

  1. 4 percentage points

  2. 5 percentage points

  3. 6 percentage points

  4. 7 percentage points


Correct Option: B

Directions: Choose the correct option for the given question.

Plan expenditure in India is met by

  1. Internal debt and other resources

  2. Assistance from Aid India Club

  3. Assistance from IMF

  4. Assistance from OECD countries


Correct Option: A

Directions: Choose the correct option for the given question.

After electrical equipment sector which attracted the highest FDI inflow in the country, the second highest FDI grabbing sector in the economy is

  1. Telecom Sector

  2. Service Sector

  3. Manufacturing Sector

  4. Hotel Sector


Correct Option: B

Directions: Choose the correct option for the given question.Which constitutes the maximum share in power generation?

  1. Thermal Power

  2. Hydro Power

  3. Atomic Power

  4. All the above have equal share


Correct Option: A

Directions: Choose the correct option for the given question.

The period of 11th plan is

  1. 2005-10

  2. 2006-11

  3. 2007-12

  4. 2008-13


Correct Option: C

Directions: Choose the correct option for the given question.Which direct tax among the followings gives maximum net revenue to the Government?

  1. Corporate Tax

  2. Income Tax

  3. Wealth Tax

  4. Gift Tax


Correct Option: A

Directions: Choose the correct option for the given question.The government is planning to establish 'Price Stabilisation Fund' to check the price fluctuation of a few crops. These crops are

  1. Tea
  2. Tobacco
  3. Coffee
  4. Rubber Mention the right answer from the following groups
  1. Only 1 and 3

  2. Only 1, 2 and 3

  3. Only 1, 3 and 4

  4. All 1, 2, 3 and 4


Correct Option: D

Directions: Choose the correct option for the given question.

The committee associated with establishing new stock exchanges was

  1. M. J. Ferwani

  2. M. Narsimham

  3. S.N. Nadkarniv

  4. R. Janakiraman


Correct Option: A

Directions: Choose the correct option for the given question.What is the percentage of RBI's stake in SBI which has been transferred to the government by approving an ordinance to amend SBI Act, 1955?

  1. 75·3%

  2. 63·7%

  3. 59·7%

  4. 51·2%


Correct Option: C

Directions: Choose the correct option for the given question.

The government is preparing Devolution Index which will measure social empowerment of people at the

  1. Panchayat level

  2. Block level

  3. District level

  4. State level


Correct Option: A

Directions: Choose the correct option for the given question.

As per declaration of Railway Budget 2008-09, the revised operating ratio for 2007-08 has been estimated at

  1. 76.3%

  2. 78.7%

  3. 83.8%

  4. 83.2%


Correct Option: A

Directions: Choose the correct option for the given question.

National Rural Development Institute is situated at

  1. Shimla

  2. Hyderabad

  3. Patna

  4. New Delhi


Correct Option: B

Directions: Choose the correct option for the given question.

The new President of World Bank is

  1. Jose Manual Durao Barroso

  2. Robert Zoellick

  3. Haruhiko Kuroda

  4. None of the above


Correct Option: B

Directions: Choose the correct option for the given question.

The process of budget making after re-evaluating every item of expenditure in every financial year is known as

  1. Performance Budgeting

  2. Deficit Budgeting

  3. Zero Based Budgeting

  4. Fresh Budgeting


Correct Option: C

After the merger of Air India and Indian Airlines, the new entity is now known as

  1. India Airlines

  2. Air India

  3. Indian

  4. Indian Airways


Correct Option: B
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