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- Question
Which company has overtaken Oil and Natural Gas Corp (ONGC) to become India?s most profitable state-owned company ?
Options- A. Indian Oil Corporation
- B. SAIL
- C. Hindustan Petroleum
- D. GAIL
- Correct Answer
- Indian Oil Corporation
ExplanationIndian Oil Corp (IOC) has overtaken Oil and Natural Gas Corp (ONGC) to become India?s most profitable state-owned company. IOC, which has for decades been India?s biggest company by turnover, posted a 70 per cent jump in net profit to Rs 19,106.40 crore in the financial year ended March 31, 2017.
- 1. Who said 'Supply creates its own demand' ?
Options- A. Marshall
- B. Ricardo
- C. Adam Smith
- D. J. B. Say Discuss
- 2. What is Rank of India in World business optimism ranking?
Options- A. 4th
- B. 6th
- C. 5th
- D. 7th Discuss
- 3. India has ranked _____ rank in World Bank's 'Ease of doing business' index.
Options- A. 100
- B. 101
- C. 99
- D. 102 Discuss
- 4. Second Nationalization of Commercial Banks in India took place in ?
Options- A. 1890
- B. 1969
- C. 1972
- D. 1980 Discuss
- 5. STEP is the abbreviated name of the welfare programme to help
Options- A. Children
- B. Woman
- C. Farmers
- D. Senior citizens Discuss
- 6. The 'IFSC Code' is an alphanumeric code comprising 11 characters that facilitates Electronic Fund Transfer in the country. The alphabet 'F' in the abbreviation 'IFSC' stands for ?
Options- A. Fund
- B. Fast
- C. Financial
- D. First Discuss
- 7. The term 'mixed economy' denoted
Options- A. existence of both rural and urban sectors
- B. existence of both private and public sectors
- C. existence of both heavy and small industries
- D. existence of both developed and underdeveloped sectors Discuss
- 8. Fiscal Policy is concerned with
Options- A. Government Spending and Taxation
- B. Money Supply
- C. Government Spending, Money Supply and Taxation
- D. Taxation Discuss
- Monetary policy is primarily concerned with the management of interest rates and the total supply of money in circulation and is generally carried out by central banks
- Fiscal policy is the collective term for the taxing and spending actions of governments.
- 9. What is the India?s GDP growth predict for Financial Year 2017-18, according to the Economic Survey of India (ESI) 2016-17 ?
Options- A. 6.25 % to 7.5%
- B. 6.55 % to 7.25%
- C. 6.55 % to 7.5%
- D. 6.75 % to 7.5% Discuss
- 10. The term stagflation refers to a situation where ?
Options- A. Growth has no relation with the change in prices
- B. Rate of growth is faster than the rate of price increase
- C. Rate of growth is slower than the rate of price increase
- D. Rate of growth and prices both are decreasing Discuss
Indian Economy problems
Search Results
Correct Answer: J. B. Say
Correct Answer: 7th
Explanation:
India slips to 7th position on the business optimism ranking.
The results of Grant Thornton?s International Business Report (IBR), a quarterly global business survey, reveal that business optimism in India has slipped from 2nd position in the last quarter to 7th position in the 3rd quarter of 2017.
Correct Answer: 100
Correct Answer: 1980
Explanation:
First nationalisation of commercial banks in India took place in 1969 and second time in 1980.
Correct Answer: Woman
Correct Answer: Financial
Explanation:
IFSC stands for - Indian Financial System Code. This is a code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India :
1. RTGS - The Real Time Gross Settlement (and)
2. NEFT - The National Electronic Fund Transfer (NEFT) systems.
Correct Answer: existence of both private and public sectors
Correct Answer: Government Spending and Taxation
Explanation:
The two most widely recognized tools used to influence a Nation's Economic activity are Monetary policy and Fiscal policy.
Correct Answer: 6.75 % to 7.5%
Explanation:
The Economic Survey for 2016-17, which is recently tabled by Finance Minister Arun Jaitley in Parliament, has expected India?s GDP growth estimation to be in 6.75 % to 7.5% for Financial Year 2017-18.
Correct Answer: Rate of growth is slower than the rate of price increase
Explanation:
Stagflation is a blend of stagnation (in economic growth) and inflation (rise in prices).
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