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Indian Economy General Knowledge

Test your knowledge of Indian Economy including RBI policies, taxation, GDP, trade, financial schemes, and economic development. Suitable for competitive exam preparation including MBA, CDS, UPSC, and banking exams.

14 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

TRIPS-'Trade Related Intellectual Property Rights' and TRIMS-'Trade Related Investment Measures' are associated with

  1. Preston Proposal
  2. Dunkel Proposal
  3. Chelliah Committee
  4. High Powered Expert Committee
Question 2 Multiple Choice (Single Answer)

Which one of the following measures is not adopted by RBI for controlling credit in India?

  1. Cash Deposit Ratio
  2. Capital Adequacy Ratio
  3. Cash Reserve Ratio
  4. Statutory Liquidity Ratio
Question 3 Multiple Choice (Single Answer)

Which of the following is not true for indicating growth trend during the planning era?

  1. Birth rate is falling down
  2. Value added ratio from agriculture sector is declining
  3. Value added ratio from banks and financial institution is rising
  4. Value added ratio from forestry is generally rising
Question 4 Multiple Choice (Single Answer)

The primary capital of 'National Population Fund' is

  1. Rs. 100 crore
  2. Rs. 125 crore
  3. Rs. 150 crore
  4. Rs. 200 crore
Question 5 Multiple Choice (Single Answer)

What is true about Service Tax as proposed in 2008-09 budget?

  1. It is increased from 8% to 10%
  2. It is increased from 8% to 12%
  3. It is increased from 10% to 12%
  4. No change in tax rate
Question 6 Multiple Choice (Single Answer)

The difference between GDP and NDP is

  1. government revenue
  2. net indirect tax (Indirect Tax Subsidy)
  3. consumption of fixed capital
  4. net capital formation
Question 7 Multiple Choice (Single Answer)

THe National Seed Policy 2002, was based on the recommendation of the

  1. Kelkar Committee
  2. M.V. Rao Committee
  3. Y.B. Reddy Committee
  4. Prof. Abhijit Sen Committee
Question 8 Multiple Choice (Single Answer)

The target share of Indian trade in the world trade by the end of 2009 was

  1. 1.0%
  2. 1.5%
  3. 2.0%
  4. 2.5%
Question 9 Multiple Choice (Single Answer)

'Backwash Effect' was first introduced by

  1. Gunnar Myrdal
  2. Peter Suderland
  3. Arthur Dunkel
  4. Kindelberger
Question 10 Multiple Choice (Single Answer)

Aam Admi Bima Yojana, launched on October 2, 2007 provides insurance on natural death of

  1. Rs. 30,000
  2. Rs. 50,000
  3. Rs. 75,000
  4. Rs. 1,00,000
Question 11 Multiple Choice (Single Answer)

GCIL—an American company was acquired by

  1. Shriram Group
  2. Reliance Group
  3. Birla Group
  4. Tata Group
Question 12 Multiple Choice (Single Answer)

Asian Development Fund was created by

  1. Asian Development Bank
  2. World Bank
  3. IMF
  4. SAARC
Question 13 Multiple Choice (Single Answer)

Who suggested to establish an ‘Insurance Regulation Authority’?

  1. Dandekar Committee
  2. Malhotra Committee
  3. Khusro Committee
  4. Rangrajan Committee
Question 14 Multiple Choice (Single Answer)

Which of the following are the highest export-oriented handicrafts (in terms of value) in the Indian exports?

  1. Gems and ornaments
  2. Leather goods
  3. Brass goods
  4. Ivory goods
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