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GK - Indian Economy

Description: GK Indian Economics, General Awareness and Current Affairs Oriented Question for Bank PO, Clerical Exams, Railways Exams and Other Competitive Exams Preparation
Number of Questions: 30
Created by:
Tags: Indian Economy Indian Economy GK Current Bank GK General Awareness Current Affairs Bank PO Clerical Exams Railways Exams Jobs Competitive Exams GK General Knowledge Questions Share Market Exams Important Days & Dates Constitution of India/ Politics Population of India
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Which of the following has the maximum share in GSM Mobile Phone Service Market?

  1. Vodafone (earlier Hutch)

  2. Airtel

  3. BSNL

  4. Reliance


Correct Option: B

The working of SEBI includes

  1. To regulate the dealings of share market

  2. To check the foul dealings in share market

  3. To control the inside trading of shares

  4. All of these


Correct Option: D

Note issuing dept of RBI should always possess the minimum gold stock of worth

  1. Rs. 85 crore

  2. Rs. 115 crore

  3. Rs. 200 crore

  4. None of these


Correct Option: B

Which of the following does not grant any tax rebate?

  1. National Saving Certificate

  2. Indira Vikas Patra

  3. National Saving Scheme

  4. Public Providend Fund


Correct Option: B

The Ad hoc Treasury Bill System of meeting budget deficit in India was replaced by ' Ways and Means Advances System' which has come into force on

  1. March 31, 1997

  2. April 1, 1996

  3. April 1, 1997

  4. None of these


Correct Option: C

The cause of deflation is

  1. lack of goods and services as compared to money supply

  2. lack of imports as compared to exports

  3. lack of money supply as compared to supply of goods and services

  4. none of these


Correct Option: C

CAPART is related with

  1. assisting and evaluating rural welfare programmes

  2. computer hardware

  3. consultant service of export promotion

  4. controlling pollution in big industries


Correct Option: A

SEBI was established in

  1. 1993

  2. 1992

  3. 1988

  4. 1990


Correct Option: C

Which committee recommended tax on Agriculture Holdings?

  1. Bhootlingam Committee

  2. Wanchoo Committee

  3. Ashok Mehta Committee

  4. Raj Committee


Correct Option: D

According to the Economic Survey 2007- 08 during the period April 3, 2007 and February 6, 2008 Indian rupee appreciated against US dollar by

  1. 5·6%

  2. 6·8%

  3. 8·9%

  4. 9·3%


Correct Option: C

Which of the following is public sector organisation ? (1) FCI Food Corporation of India (2) FCI Fertilizer Corporation of India (3) Cotton Corporation of India (4) Jute Corporation of India

  1. Only 1 and 2

  2. Only 2, 3

  3. Only 3, 4

  4. All of these


Correct Option: D

For 2006-07, agriculture growth rate has been estimated at

  1. 3·8%

  2. 5·9%

  3. 0·0%

  4. 6·3%


Correct Option: A

For RIDF-XIII allocation in the Union Budget 2006-07 was

  1. Rs. 4500 crore

  2. Rs. 5500 crore

  3. Rs. 10 crore

  4. Rs. 12000 crore


Correct Option: D

Rural women can avail the benefit of Mahila Samriddhi Yojana if they open their account in

  1. Rural Post Offices

  2. Commercial Banks

  3. Rural Development Bank

  4. Any of the above


Correct Option: A

Which day has been declared as ' Balika Diwas' (Girl Day) by the Ministry of Woman and Children Development?

  1. April 5

  2. July 9

  3. October 9

  4. December 9


Correct Option: D

Pure Banking, Nothing Else is a slogan raised by

  1. ICICI Bank

  2. HDFC Bank

  3. SBI

  4. UTI Bank


Correct Option: C

What growth target government has estimated for the domestic crude production for the 11th Plan (2007- 12) ?

  1. 42%

  2. 33%

  3. 29%

  4. 26%


Correct Option: D

Central Issue price of foodgrains under TPDS includes price for BPL and APL (below poverty line and above poverty line). What is the difference between the two?

  1. Price for APL is double of BPL price

  2. Price for BPL is one-third of APL price

  3. Difference of Rs. 500 per Qt.

  4. Difference of Rs. 250 per Qt.


Correct Option: A

Which statement of the following is true for IMF ?

  1. It is not an agency of UNO

  2. It can grant loan to any country of the world

  3. It can grant loan to state Govt. of a country

  4. It grants loan only to member nations


Correct Option: D

As per the second advanced estimates of Agricultural Production for the year 2007-08 released by the Ministry of Agriculture, Kharif production has been estimated at

  1. 110·52 Million Tonnes

  2. 112·24 Million Tonnes

  3. 114·42 Million Tonnes

  4. 115·9 Million Tonnes


Correct Option: D

Indian State having the lowest Infant Mortality Rate is

  1. Maharashtra

  2. Goa

  3. Gujarat

  4. Kerala


Correct Option: D

Agriculture sector registered 6% growth in 2005-06 and it is estimated for year 2007-08 at

  1. Again 6%

  2. 4·3%

  3. 3·3%

  4. 2·6%


Correct Option: D

' Smart Money' is a term used for

  1. Internet Banking

  2. Credit Card

  3. Cash with Bank

  4. Cash with Public


Correct Option: B

During 2006-07, External debt to GDP ratio in India stood at

  1. 16·4%

  2. 17·4%

  3. 17·8%

  4. 15·8%


Correct Option: A

The main objective of TRYSEM was

  1. To train rural youth for self employment`

  2. To train urban youth for self employment

  3. Both of the above

  4. None of these


Correct Option: A

The establishment of IORARC (Indian Ocean Rim Association for Regional Co-operation) was officially declared on

  1. March 5, 1996

  2. March 5, 1997

  3. April 1, 1997

  4. August 15, 1947


Correct Option: B

Inside Trading is related to

  1. Share Market

  2. Horse racing

  3. Taxation

  4. Public Expenditure


Correct Option: A

The largest source of National Income in India is

  1. Service Sector

  2. Agriculture

  3. Industrial Sector

  4. Trade Sector


Correct Option: A

' Public Sector' means

  1. Government ownership on commerce and trade

  2. Capitalist ownership on commerce and trade

  3. Private ownership on trade

  4. None of these


Correct Option: A

The birth rate and death rate for the year 2006 have been estimated as

  1. 26·2 and 8·1 per thousand respectively

  2. 24·8 and 8·0 per thousand respectively

  3. 23·8 and 7·6 per thousand respectively

  4. 23·5 and 7·5 per thousand respectively


Correct Option: D
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