Top 10 Questions on Indian Economy

Ques 1 India does not have a stock exchange in which of the following?

a. Udaipur

b. Delhi

c. Mumbai

d. Ahmedabad

Ques 2 Which of the following organisations prepares rural credit plans on annual basis for all districts in India?

a. CII

b. RBI

c. SIDBI

d. NABARD

Ques 3 Who amongst the following is the Regulator of insurance sector in India?

a. IRDA

b. SEBI

c. AMFI

d. RBI

Ques 4 Expand the term IFRS.

a. Indian Financial Reporting Standards

b. International Financial Reporting Standards

c. Indian Financial Reporting Systems

d. None of these

Ques 5 The insurance companies collect a fixed amount from its customers at a fixed interval of time, What is it called?

a. Installment

b. Premium

c. EMI

d. Service-Charge

Ques 6 Who is known as the "Father of Economics"?

a. J.M. Keynes

b. Malthus

c. Ricardo

d. Adam Smith

Ques 7 Mixed economy means coexistence of:

a. Heavy industries and small scale industries

b. Agrarian economy and industrialised economy

c. The poor and the rich living side by side

d. Public sector and the private sector working together

Ques 8 Which of the following is the headquarters of the world Bank?

a.  Hague

b. Washington

c. Paris

d. London

Ques 9 Reserve Bank of India was set up on the basis of the recommendations of:

a. Cripps Mission

b. Hilton Young Commission

c. Cabinet Mission

d. None of these

Ques 10 In our country, which of the following affects poverty line the most?

a. Production Quantum

b.Per capita Income

c. Quantum of gold reserves

d. Level of prices

ANSWERS:-

1.a ; 2.d ; 3.a ; 4.b ; 5.b ; 6.d ; 7.d ; 8.b ; 9.b ; 10.b