Indian Economy problems
- 1. The First Five Year Plan was based on ___________.
Options- A. Herold Domar Model
- B. P.C . Mahalanobis Model
- C. Both the Above
- D. None of the above Also asked in: Bank Exams, CAT, Bank Clerk, Bank PO
Correct Answer: Herold Domar Model
- 2. The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called ?
Options- A. FDI
- B. NRI Investment
- C. Portfolio Investment
- D. Foreign Indirect Investment Also asked in: CAT, Bank Clerk, Bank PO
Correct Answer: Foreign Indirect Investment
- 3. Which country has recently become fifth largest military spender ?
Options- A. India
- B. Japan
- C. China
- D. Russia Discuss
Correct Answer: India
Explanation:
1. India's military expenditure grew around 8.5 percent in 2016, making it the world's fifth largest spender at $55.9 billion, figures released by the Stockholm International Peace Research Institute (SIPRI).
2. As per the figures, the US remains the world's largest military spender registering a growth of 1.7 percent between 2015 and 2016 to $611 billion.
3. China is second and Russia is on the third position in the list.
- 4. Taxes cannot be levied by the union government in India -
Options- A. Tax on professions
- B. Service tax
- C. Income tax
- D. All of the above Also asked in: AIEEE, Bank Exams, CAT, GATE, Analyst, Bank Clerk, Bank PO
Correct Answer: Tax on professions
Explanation:
Tax on professions cannot be levied by the union government in India.
- 5. In India ,Hindu Rate of growth is associated with which of the following
Options- A. Birth Rate
- B. Population
- C. Per Capita Income
- D. National Income Discuss
Correct Answer: National Income
- 6. An objective of the National Food Security Mission is to increase the production of certain crops through area expansion and productivity enhancement in a sustainable manner in the identified districts of the country. What are those crops?
Options- A. Rice and Wheat only
- B. Rice, Wheat and pulses only
- C. Rice, Wheat, Pulses and oil seeds only
- D. Rice, Wheat, Pulses, oil seeds and vegetables Discuss
Correct Answer: Rice, Wheat and pulses only
- 7. What is the rank of India in World Economic Forum?s Global Human Capital Index (GHCI) 2017 ?
Options- A. 103
- B. 104
- C. 105
- D. 106 Also asked in: AIEEE, Bank Exams, CAT, Bank Clerk, Bank PO
Correct Answer: 103
Explanation:
India ranked low 103rd out of 130 countries surveyed on World Economic Forum?s (WEF) Global Human Capital Index (GHCI) 2017. In the previous edition India ranked 105th.
- 8. According to Nomura's Report, India?s GDP growth rate is expected to be around _________ in the financial year 2017-18.
Options- A. 7.6%
- B. 7.3%
- C. 7.8%
- D. 7.1% Also asked in: Bank Exams, CAT, Bank Clerk, Bank PO
Correct Answer: 7.1%
- 9. The State having the highest density of population is
Options- A. Kerala
- B. Tamil Nadu
- C. West Bengal
- D. Uttar Pradesh Discuss
Correct Answer: West Bengal
- 10. ' Samjhauta Express ' runs between which of the following two stations
Options- A. New Delhi - Wagah
- B. New Delhi - Lahore
- C. Amritsar - Wagah
- D. Amritsar - Lahore Discuss
Correct Answer: New Delhi - Lahore
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