Indian Economy

Description: GK Online Indian Economy Test - General Knowledge Indian Economy Test Preparation and Practice Material for MBA Entrance, CDS and Other Career Jobs and Competitive Exam Preparation
Number of Questions: 25
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Tags: BBA Commerce Bank UPSC B.Ed General Knowledge Placement Papers Inflation Indian Economy 2008 GDP World Economy Current Indian Economy Budget 2010 Indian Economy Important Days & Dates
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As per the NSSO survey report, unemployment in major cities from 1999-2000 and 2004-05 has

  1. declined by 2% in both male and female

  2. declined by 2% in males and 1% in females

  3. gone up by 2% in males and declined by 1% in females

  4. gone up by 2% in both males and females


Correct Option: A

What is the maximum CRR limit for a commercial bank to be deposited with RBI ?

  1. 40%

  2. 50%

  3. 30%

  4. 45%


Correct Option: B

Which of the following cities was the first city in India to have a second underground railway corridor?

  1. New Delhi

  2. Kolkata

  3. Mumbai

  4. Chennai


Correct Option: B

India is not a member of

  1. G - 15

  2. UNO

  3. ASEAN

  4. Commonwealth


Correct Option: C

Which ceiling of the income was recommended tax free from personal income tax by Kelkar Committee?

  1. Rs. 50000

  2. Rs. 75000

  3. Rs. 1 lakh

  4. Rs. 1.5 lakh


Correct Option: C

Under liberalisation and deregulation of controls, licence compulsion has been removed for a number of industries. At present the number of having licence restrictions in current policy is

  1. 4

  2. 5

  3. 12

  4. 6


Correct Option: B

Durgapur Steel Plant was constructed with the assistance of

  1. Britain

  2. France

  3. USA

  4. Germany


Correct Option: A

Which of the following questionnaires has been used by NSSO for estimating poverty estimates for 2004-05?

  1. Uniform Recall Period (URP)

  2. Mixed Recall Period (MRP)

  3. Both the above

  4. None of the above


Correct Option: C

In broad sense the objective of Indian Planning is

  1. to accelerate industrial production

  2. to increase national income

  3. to create and increase employment opportunities

  4. to ensure growth with justice


Correct Option: D

The country producing the maximum silk in the world is

  1. India

  2. China

  3. Japan

  4. South Korea


Correct Option: B

The headquarter of ILO is at

  1. Washington

  2. Geneva

  3. the Hague

  4. Manila


Correct Option: B

Visible and Invisible items of debit and credit are the part of

  1. Import-export Policy

  2. Balance of Payment

  3. Balance of Trade

  4. Annual Budget


Correct Option: B

In which fuel, the government has decided to mix 'marker' for identifying adulteration?

  1. Kerosene

  2. Diesel

  3. Petrol

  4. All the above


Correct Option: A

On the basis of GDP, which economy is the largest economy in the world?

  1. USA

  2. Britain

  3. Japan

  4. China


Correct Option: A

The 9th Auto Expo 2008 was organised in

  1. Bangalore

  2. New Delhi

  3. Mumbai

  4. Gurgaon


Correct Option: B

CSO has changed the base year for National Accounting from 1993-1994 to 1999-2000. How many times the base year has been changed so far since independence?

  1. Four times

  2. Five times

  3. Six times

  4. Seven times


Correct Option: B

World Wetlands Day is celebrated on

  1. February 1st

  2. February 2nd

  3. February 4th

  4. February 6th


Correct Option: B

“International Cooperation at a crossroads” was the theme of—

  1. World Development Report, 2004

  2. World Development Report, 2005

  3. Human Development Report, 2004

  4. Human Development Report, 2005


Correct Option: D

Ethanol mixed petrol is being sold in various states w.e.f. January1, 2003. The percentage of ethanol in petrol is

  1. 10%

  2. 5%

  3. 2%

  4. 1%


Correct Option: B

Businessman of the year award (2007) given by the Business India magazine went to

  1. Mukesh Ambani

  2. Ratan Tata

  3. Anand Mahindra

  4. Indra Nooi


Correct Option: C

On which day BSE sensex touched the height of 21 points ?

  1. January 8, 2008

  2. January 9, 2008

  3. January 10, 2008

  4. January 11, 2008


Correct Option: A

All individual and corporate tax payers who pay Rs. 50000 and more in a single payment as tax has to submit e-tax payment w.e.f.�

  1. April 1, 2008

  2. April 1, 2009

  3. April 1, 2010

  4. April 1, 2011


Correct Option: A

Who will succeed Kiran Karnik as President of NASSCOM (National Association of Software and Service Companies) in January 2008 ?

  1. Shanta Sinha

  2. Som Mittal

  3. Laxmi Narayanan

  4. K. N. Memami


Correct Option: B

Finance Commission is appointed by the President under Article

  1. 256 of Constitution

  2. 280 of Constitution

  3. 293 of Constitution

  4. 356 of Constitution


Correct Option: B

Which of the following taxes help(s) in reducing disparities of income?

  1. Proportionate tax

  2. Progressive tax

  3. Regressive tax

  4. All of the above


Correct Option: B
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