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Indian Economy
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Question
The apex body for formulating plans and coordinating research work in agriculture and allied fields is
Options
A. State Trading Corporation
B. Regional Rural Banks
C. National Bank for Agriculture and Rural Development (NABARD)
D. Indian Council of Agricultural Research
Correct Answer
Indian Council of Agricultural Research
Indian Economy problems
Search Results
1. How many banks were nationalized in 1969?
Options
A. 16
B. 14
C. 15
D. 20
Show Answer
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Correct Answer: 14
2. Paper currency first started in India in
Options
A. 1861
B. 1542
C. 1601
D. 1880
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Correct Answer: 1861
3. States earn maximum revenue through
Options
A. land revenue
B. custom revenue
C. commercial taxes
D. excise duties on intoxicants
Show Answer
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Correct Answer: commercial taxes
4. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
Options
A. 1984
B. 1986
C. 1987
D. 1989
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Correct Answer: 1987
5. The annual yield from which of the following Union Government taxes is the highest?
Options
A. Custom duties
B. Corporation tax and income tax
C. Inheritance tax, wealth tax, interest tax and gift tax
D. Excise duties
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Correct Answer: Excise duties
6. The current price index (base 1960) is nearly 330. This means that
Options
A. all items cost 3-3 times more than what they did in 1960
B. the prices of certain selected items have gone up to 3-3 times
C. weighted means of prices of certain item has increased 3-3 times
D. gold price has gone up 3-3 times
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Correct Answer: weighted means of prices of certain item has increased 3-3 times
7. In India, rural incomes are generally lower than the urban incomes, which of the following reasons account for this?
A large number of farmers are illiterate and know little about scientific agriculture
Prices of primary products are lower than those of manufactured products
Investment in agriculture has been low when compared to investment in industry
Options
A. I, II, III
B. I, II
C. I, III
D. II, III
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Correct Answer: I, II, III
8. The average rate of domestic savings (gross) for the Indian economy is currently estimated to be in the range of
Options
A. 15 to 20 percent
B. 20 to 25 percent
C. 25 to 30 percent
D. 30 to 35 percent
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Correct Answer: 20 to 25 percent
9. In the second nationalization of commercial banks, ___ banks were nationalized.
Options
A. 4
B. 5
C. 6
D. 8
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Correct Answer: 6
10. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
Options
A. Chemicals other than fertilizers
B. Services sector
C. Food processing
D. Telecommunication
Show Answer
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Correct Answer: Telecommunication
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