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Home Questions & Answer General Knowledge Questions & Answers Economics Questions & Answers

Economics Questions & Answers (Compiled from UPSC, SSC ,PSC ,IBPS previous question papers)

D1, 2 and 3

The basic aim of Lead Bank Scheme is that
Abig banks should try to open offices in each district
B there should be stiff competition among the various nationalized banks
C individual banks should adopt particular districts for intensive developement

Dall the banks should make intensive efforts to mobilize deposits

Which of the following would include Foreign Direct Investment in India?
- 1. Subsidiaries of companies in India foreign companies in India
- 2. Majority foreign equity holding Indian companies
- 3. Companies exclusively financed by foreign companies
- 4. Portfolio investment
Select the correct answer using the codes given below :
A1, 2, 3, and 4
B2 and 4 only
C1 and 3 only
D1, 2 and 3 only

D2; 3 and 4

In India in the overall Index of Industrial Production, the indices of Eight core Industries have a

combined weight of 37.90%. Which of the following are among those Eight Industries?
- 1. Cement
- 2. Fertilizers
- 3. Natural gas
- 4. Refinery products
- 5. Textiles
Select the correct answer using the codes given below:
A1 and 5 only
B 2, 3 and 4 only
C 1, 2, 3 and 4 only

D1, 2, 3, 4 and 5

D3, 2, 1

A market economy is one in which
Aproducts are sold
Bproducts and factors are bought
Cproducts and factors are bought and sold

Dnone of the above

The growing country is one with
Arising GNP at constant prices

Brising GNP at current prices
Cconstant GNP at constant prices
Dnone of the above

The major trade partner of India in the pre independent period was
AUSA
BUK

CUSSR
DAUSTRALIA

Currency of Kuwait
AKuwait Dinar
BDollar
CYen
DMark

The currency of Germany
AYen
BKrone
CMark

DDinar

Whose signature is found in the one-rupee currency notes in India
AThe President of India
BThe Finance Minister of India
CThe Secretary, Ministry of Finance

DPrime Minister

Who among the following Indian economists had done the pioneering work on National income
AV. K .R. V. Rao

UTI is associated with
ARegulating Foreign Exchange Transactions
BForeign Trade
CRoad Transport
DInvestment Trust

When was Savings Bank System introduced in India
A1830
B1885

C1910
D1956

What is the life blood of commerce
AExport, Import
BTrade

CAgriculture
DNone of these

The practice of keeping more than one crop in a field is called
Arotation of crop
Bmixed farming
Cmixed cropping

DNone of these

The general price level declined during the ....... Plan
AFirst

The concept of five year plan was adopted from
AChina
BRussia

CBritain
DUSA

Father of Indian Planning
AGandhiji
BJawaharlal Nehru
CGopalakrishna Gokhale
DM Visweswarayya

The main impact of the Green Revolution has been on ..........
Acereals

In India census is taken in every ....
AFive years
BYear
CTen years

DThree years

The first five year plan was started in the year
A1951

IMF/ World Bank was formed in
A1942
B1944
C1946
D1947
Explanation:

IMF was established in 1945 and started functioning in 1947.World Bank was set up in 1944 and began operation in 1946