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 Companies, Brand Names/ Products Companies, Brand names/ Products Business GK Law General Awareness Important Days & Dates
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Which nationalised commercial bank has launched signature based debit card scheme?

  1. Bank of Baroda

  2. Punjab National Bank

  3. Central Bank of India

  4. Indian Bank


Correct Option: B

' Aam Admi Bima Yojana' is an insurance scheme for rural landless households, introduced by

  1. National Insurance Co.

  2. Life Insurance Co.

  3. UTI

  4. ICICI Life Prudential Co.


Correct Option: B

In Foreign Trade Policy 2007-08, which of the following has been exempted from service tax?

  1. Export of services

  2. Services rendered in India but utilised by exporters

  3. Both the above

  4. Only banking and insurance services


Correct Option: C

The 11th plan was approved by National Development Council on

  1. December 9, 2007

  2. December 19, 2007

  3. December 20, 2007

  4. December 22, 2007


Correct Option: B

The estimated revenue earnings from disinvestment in Public Sector undertakings during 2007 - 08 is

  1. Rs. 2000 crore

  2. Rs. 3000 crore

  3. Rs. 3500 crore

  4. Rs. 4000 crore


Correct Option: D

A bill has been introduced in the Parliament to raise SBI's authorised capital from Rs. 20 crore to

  1. Rs. 50 crore

  2. Rs. 1 crore

  3. Rs. 2000 crore

  4. Rs. 5000 crore


Correct Option: D

As per the CSO' s latest statistics on per capita income at constant 1999-2000 prices, which among the following shows the highest per capita income?

  1. Delhi

  2. Chandigarh

  3. Puducherry

  4. Goa


Correct Option: B

' Pratibha Kiran Yojana' is a new scheme to promote higher education among girls introduced by

  1. Karnataka

  2. Bihar

  3. Madhya Pradesh

  4. Uttar Pradesh


Correct Option: C

National Food Security Mission targets to increase the production of wheat, rice and pulses in next four years to

  1. 10, 8 and 2 million tonnes respectively

  2. 8, 10 and 2 million tonnes respectively

  3. 8, 12 and 2 million tonnes respectively

  4. 8, 10 and 4 million tonnes respectively


Correct Option: B

' Laadli Laxmi Yojana' has been launched by the ________ government for supporting girls of all religions and castes upto their marriage.

  1. Rajasthan

  2. Madhya Pradesh

  3. Uttar Pradesh

  4. Gujarat


Correct Option: B

13th ASEAN Summit was held between November 18 to 22, 2007 in

  1. Thailand

  2. Malaysia

  3. Singapore

  4. Philippines


Correct Option: C

Videsh Sanchar Nigam Ltd. has been renamed as

  1. Reliance Sanchar Nigam Ltd.

  2. Tata Sanchar Nigam Ltd.

  3. Tata Communication Ltd.

  4. Bharti Communication Ltd.


Correct Option: C

For attaining 9% growth rate during 11th plan, investment level has been estimated to be

  1. 20% of GDP

  2. 25% of GDP

  3. 30% of GDP

  4. 35% of GDP


Correct Option: D

Revenue Deficit as a per cent of GDP in Budget 2008-09 has been estimated at

  1. 2·6%

  2. 2·1%

  3. 1·5%

  4. 1·0%


Correct Option: A

Lok Sabha has passed CST phase out Bill, according to which CST in the country will be removed by

  1. March 31, 2008

  2. March 31, 2009

  3. March 31, 2010

  4. March 31, 2011


Correct Option: C

Which Road Transport Corporation has introduced AWATAR (Any Where Any Time Advance Reservation) scheme?

  1. Andhra Pradesh

  2. Karnataka

  3. Tamil Nadu

  4. Maharashtra


Correct Option: B

Which of the following banks will be merged first with SBI?

  1. State Bank of Saurashtra

  2. State Bank of Indore

  3. State Bank of Patiala

  4. State Bank of Bikaner and Jaipur


Correct Option: A

In UNCTAD' s Trade and Development Index (TDI) India has been placed at_______ rank among 123 nations.

  1. 100th

  2. 88th

  3. 86th

  4. 82nd


Correct Option: C

In foreign trade policy 2007-08, govt. has revamped the status holder' s scheme for export houses. ' Premier Trading House' has been given to earlier

  1. Two Star Export House

  2. Three Star Export House

  3. Four Star Export House

  4. Five Star Export House


Correct Option: D

The 2007 Ernst and Young Entrepreneur of the Year award was given to

  1. B. Ramalinga Raju

  2. Atul Punj

  3. Ela Ramesh Bhatt

  4. Manoj K. Upadhyaya


Correct Option: A

National Electricity Policy, envisages elimination of power shortage by 2012 through addition of _______ during the 10th and 11th plan periods.

  1. 50000 MW

  2. 75000 MW

  3. 100 MW

  4. 125000 MW


Correct Option: C

' BANCON-2007' was hosted by

  1. Bank of Baroda

  2. Punjab National Bank

  3. Bank of India

  4. Central Bank of India


Correct Option: A

Which bank has installed the first biometric ATM for assisting even illiterate people at Gautam Buddha Nagar (UP)?

  1. State Bank of India

  2. Punjab National Bank

  3. Bank of Baroda

  4. Canara Bank


Correct Option: B

APEC group leaders have decided to take up new membership issue after a few years and as a result India and other ten countries have to wait for APEC membership till

  1. 2009

  2. 2010

  3. 2011

  4. 2012


Correct Option: B

India's mobile market has been ranked as the _______ largest market of the world.

  1. second

  2. third

  3. fourth

  4. fifth


Correct Option: B
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