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40 Questions MCQ Test - Test: Economic & Social - 6

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Test: Economic & Social - 6 - Question 1

The financial year for banks is April-March, but what is the financial year for RBI?

Test: Economic & Social - 6 - Question 2

The Reserve Bank of India began production of notes in 1938, issuing Rs, 25101000 notes.
Rs, 1000 notes was re-introduced again in

Test: Economic & Social - 6 - Question 3

The government of India has announced a capital infusion of over Rs ______ crore in public sector banks before March 31 under the bank recapitalisation plan

Test: Economic & Social - 6 - Question 4
The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called
Test: Economic & Social - 6 - Question 5
Who declares the Credit Policy of India?
Test: Economic & Social - 6 - Question 6
When there is an inflationary trend in the economy what would be trend in the pricing of the Bank products?
Test: Economic & Social - 6 - Question 7
What is the rank of India in the 2018 Global Talent Competitiveness Index (GTCI)?
Test: Economic & Social - 6 - Question 8
The Central government has advanced the dead line of connecting all villages through a road network from the year 2022 to which year, as part of the ‘Pradhan Mantri Gram Sadak Yojna’?
Test: Economic & Social - 6 - Question 9
In an effort to have better network connectivity in the Northeast region of India, the Centre has sanctioned projects over Rs __________ crore
Test: Economic & Social - 6 - Question 10
The Natural gas transmission company GAIL is soon to set up India’s first Coal-To-Gas Conversion Plant in which state?
Test: Economic & Social - 6 - Question 11
Name the Public Sector Unit which has acquired the government stake of 51.11% in Hindustan Petroleum Corporation Ltd (HPCL)
Test: Economic & Social - 6 - Question 12
Which state government had launched ‘Saubhagya Yojana’, aimed at providing electricity to all the villages across the state?
Test: Economic & Social - 6 - Question 13
The Economic Research Department of State Bank of India (SBI) has estimated India’s GDP to grow at _____ percent in FY18 compared to 7.1 percent in FY17
Test: Economic & Social - 6 - Question 14
What is the contribution of India to the United Nations’ youth mission?
Test: Economic & Social - 6 - Question 15
The National Small Industries Corporation (NSIC) has inked an MoU with which country for the development of small and medium businesses (SMBs) in the two countries?
Test: Economic & Social - 6 - Question 16
CENVAT is related to—
Test: Economic & Social - 6 - Question 17
In terms of economics, the total value of the output (goods and services) produced and income received in a year by domestic residents of a country put together is called-
Test: Economic & Social - 6 - Question 18
When demand is inelastic, an increase in the price of a commodity would cause the total expenditure of the consumers to:
Test: Economic & Social - 6 - Question 19
Planning in India as it is at present can be termed as
Test: Economic & Social - 6 - Question 20
Poverty in less developed country is largely due to-
Test: Economic & Social - 6 - Question 21
Which of the following is a group of Khariff crops ?
Test: Economic & Social - 6 - Question 22
Which of the following is not a central Government tax?
Test: Economic & Social - 6 - Question 23
The Kisan Credit Card Scheme, introduced in 1998-99,is an innovative mechanism for facilitating.....:
Test: Economic & Social - 6 - Question 24
Zero-based budgeting(ZBB) lays emphasis on:
A.Unlimited deficit financing.
B. Preparing new budget right from scratch
C.Preparing the budget neglecting history of expenditure choose the correct answer based on the above statements:
Test: Economic & Social - 6 - Question 25
Personal Disposable income is-
Test: Economic & Social - 6 - Question 26
Which one of the following land reforms measures can be said to have been fully implemented by now in India?
Test: Economic & Social - 6 - Question 27
Which one of the following exhibits the feature of occupational distribution of population in India according to the 2001 Census ?
Test: Economic & Social - 6 - Question 28
Which of the following effects of deficit financing of the Central Government affects the common man most adversely ?
Test: Economic & Social - 6 - Question 29
The revised annual GDP-growth rate for the Ninth Plan period is
Test: Economic & Social - 6 - Question 30
Rate of interest is being reduced in India
Test: Economic & Social - 6 - Question 31
The sum of which of the following constitutes Broad Money in India ?
1. Currency wth the Public.
2. Demand deposits with banks
3. Time deposits with banks
4. Other deposits with RBI.
Choose the correct answer using the codes given
Test: Economic & Social - 6 - Question 32
The population of India living below the poverty line
Test: Economic & Social - 6 - Question 33
Which one of the following cities is not correctly matched with it country ?
Test: Economic & Social - 6 - Question 34
In India, with the introduction of economic planning particularly after 1962, the previous trend of stagnancy in agriculture was reversed
Test: Economic & Social - 6 - Question 35
Consider the following factors regarding an industry
1. Capital investments
2. Business turnover
3. Labour force
4. Power construction
Which of these determine size of the industry ?
Test: Economic & Social - 6 - Question 36
Global capital-flows to developing countries increased significantly during the nineties. In view of the East Asian Financial crisis and Latin American experience which type of inflow is good for the host country ?
Test: Economic & Social - 6 - Question 37
In respect of which one of the following items, did the Union Budget of 1999-2000 propose a higher rate of excise duty compared to the previous year' s budget ?
Test: Economic & Social - 6 - Question 38
The National Development Council is presided over by the
Test: Economic & Social - 6 - Question 39
Which of the following are the characteristics of the kinked demand curve ?
1. Equilibrium is defined by the point of kink
2. Price rigidity under oligopoly.
3. The upper portion of the kinked demand curve is highly elastic .
4. To the point right of kink, marginal cost is larger than marginal revenue .
Select the correct answer using the code given below :
Test: Economic & Social - 6 - Question 40
Consider the following statements : The price of any currency in international market is decided by the :
1. World Bank
2. demand for goods/services provided by the country concerned
3. stability of the government of the concerned country
4. economic potential of the country in question
Of these statements :
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