General Awareness

Organisations and Events Dates

1,912 Questions

Remembering the establishment years of major organizations and historical event dates is vital for competitive exams. This includes nationalization acts, budgets, and environmental laws. These questions will help you memorize important dates for your upcoming government test.

Banking and finance establishment yearsIndian government acts datesSports milestones yearsSpace and technology timelinesInsurance and budget schemes

Organisations and Events Dates Questions

Multiple choice
  1. Budget 2002-03

  2. Budget 2005-07

  3. Budget 2007-08

  4. Budget 2009-10

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The 2007-08 Union Budget (presented by Finance Minister P. Chidambaram) officially announced the implementation of Goods and Services Tax (GST) from April 1, 2010. This was a landmark announcement for India's tax reform, though actual implementation got delayed and eventually happened in 2017. Budget 2009-10 was after this announcement, and Budgets 2002-03 and 2005-07 were too early.

Multiple choice
  1. Only 1

  2. 1 and 3

  3. 2 and 3

  4. 1, 2, and 3

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The rules will come into effect from May 1, 2012.

Multiple choice
  1. 1954

  2. 1966

  3. 1985

  4. 1989

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The economic liberalisation in India refers to ongoing economic reforms in India that started on July 24, 1991. After Independence in 1947, India adhered to socialist policies. Attempts were made to liberalise the economy in 1966 and 1985. The first attempt was reversed in 1967. Thereafter, a stronger version of socialism was adopted. Second major attempt was in 1985 by Prime Minister Rajiv Gandhi.

Multiple choice
  1. 1981

  2. 1971

  3. 1991

  4. 2001

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

New Economic Policy was introduced in July 1991 by Prime Minister P.V. Narasimha Rao and Finance Minister Dr. Manmohan Singh. This marked India's major shift towards liberalization, privatization, and globalization following the balance of payments crisis.

Multiple choice
  1. 1996

  2. 2000

  3. 2003

  4. 2008

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

India's SNC was formally established in 2003, with an Air Force officer, Air Marshall Asthana, as the commander-in-chief. The joint service SNC is the custodian of all of India's nuclear weapons, missiles and assets. It is also responsible for executing all aspects of India's nuclear policy.

Multiple choice
  1. 1975

  2. 1976

  3. 1977

  4. 1978

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

India adopted the rolling plan concept for the first time in 1978. The rolling plan was introduced by the Janata Party government after coming to power in 1977, abandoning the fixed Five Year Plan approach. The Fifth Five Year Plan was terminated early, and the rolling plan (1978-80) was adopted as a more flexible planning mechanism that could be adjusted annually based on performance and changing circumstances.

Multiple choice
  1. (a)-(1), (b)-(3), (c)-(2), (d)-(4)

  2. (a)-(3), (b)-(2), (c)-(4), (d)-(1)

  3. (a)-(4), (b)-(3), (c)-(1), (d)-(2)

  4. (a)-(2), (b)-(3), (c)-(4), (d)-(1)

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Reserve Bank of India was established in 1935. Nationalisation of 14 major commercial banks occurred in 1969. Nationalisation of 6 more commercial banks happened in 1980. Regional Rural Banks were established in 1975. Option D correctly pairs: (a)-2, (b)-3, (c)-4, (d)-1.