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: Commerce General Knowledge Bank Placement Papers UPSC BBA B.Ed Indian Economy Letter G Letter H Letter E
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Gross Domestic Product (GDP) is defined as the value of all final _____ produced in a year.

  1. goods

  2. services

  3. goods and services

  4. agricultural products


Correct Option: C

India Development Fund in America was initiated by

  1. LIC of India

  2. UTI

  3. SBI

  4. RBI


Correct Option: B

Income Tax in India was introduced by

  1. Sir Charles Wood

  2. Lord Macaule

  3. James Wilson

  4. William Jones


Correct Option: C

For which type of fertilizer is India fully dependent on import?

  1. Nitrogen fertilizer

  2. Phosphetic fertilizer

  3. Potash fertilizer

  4. None of these


Correct Option: C

Janakiraman Committee was constituted with the aim

  1. to suggest measures to raise Post Office deposits

  2. to suggest reforms in banking structure

  3. to investigate the malpractices of industrial finance

  4. to investigate the security transactions of the bank


Correct Option: D

The 14th National Conference on e-Governance was held at

  1. Aurangabad

  2. Gurgaon

  3. Mohali

  4. Chandigarh


Correct Option: A

Fiscal deficit means the difference of

  1. Public expenditure and debts from sources other than RBI

  2. Public Capital Expenditure and surplus of Revenue Account

  3. Govt. Expenditure and Revenue receipts

  4. Public Expenditure and Tax and non-tax revenue receipts


Correct Option: D

Which of the following is the leading producer of groundnut?

  1. Haryana

  2. Gujarat

  3. Rajasthan

  4. Uttar Pradesh


Correct Option: B

India stands _____ in the production of tea in the world.

  1. first

  2. second

  3. third

  4. fourth


Correct Option: B

As per unemployment survey made by NSSO, which religion shows the highest Work Population Ratio (WPR) among men in rural areas?

  1. Hindu

  2. Muslim

  3. Christian

  4. Sikh


Correct Option: C

National Council on Climate Change was constituted on

  1. May 5, 2007

  2. May 25, 2007

  3. June 5, 2007

  4. June 25, 2007


Correct Option: C

In the first phase, the import of modern coaches for Delhi Metro Rail was from

  1. Japan

  2. Britain

  3. Philippines

  4. South Korea


Correct Option: D

When Government launched e-Passport Scheme, the first e-Passport was issued to

  1. Manmohan Singh

  2. Sonia Gandhi

  3. Pratibha Patil

  4. P. Chidambaram


Correct Option: C

Which is the second largest cotton producing country in the world?

  1. China

  2. Kenya

  3. India

  4. Indonesia


Correct Option: C

Gyandeep Shiksha Yojana introduced by the U P Government is associated with

  1. Primary Education

  2. Secondary Education

  3. Higher Education

  4. All the above


Correct Option: C

Which of the following corporate houses developed a port in Mundra (Gujarat)?

  1. Adani

  2. Ambani

  3. Goenka

  4. Birla


Correct Option: A

'Sensitive sector' as defined by RBI include(s)

  1. capital market

  2. real estate

  3. commodities

  4. all the above


Correct Option: D

Goods and Service Tax (GST) Scheme has been scheduled to be implemented from the year

  1. 2008-09

  2. 2009-10

  3. 2012-13

  4. 2011-12


Correct Option: C

Which state produces maximum pulses in India?

  1. Madhya Pradesh

  2. Uttar Pradesh

  3. Orissa

  4. Maharashtra


Correct Option: A

'Rail Neer' was introduced in the _______ railway budget.

  1. 2002-03

  2. 2001-02

  3. 2000-01

  4. 1999-2000


Correct Option: A

Who appoints the Deputy Chairman of Planning Commission?

  1. Prime Minister

  2. Finance Minister

  3. Commerce Minister

  4. President


Correct Option: D

What is OPEC?

  1. The latest space shuttle of USA

  2. The latest space shuttle of Russia

  3. The organisation of petroleum producing companies

  4. The organisation of petroleum exporting countries


Correct Option: D

Agriculture Price Commission and Indian Food Corporation were constituted in

  1. 1960

  2. 1965

  3. 1966

  4. 1969


Correct Option: B

Which state has the lowest literacy rate according to 2011 census?

  1. Arunachal Pradesh

  2. Madhya Pradesh

  3. Bihar

  4. Haryana


Correct Option: C

Which Indian state is the leading producer of mica?

  1. Madhya Pradesh

  2. Bihar

  3. Orissa

  4. Jammu and Kashmir


Correct Option: B
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