Indian Economy
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Indian Economy questions with answers

124 multiple-choice questions. Open any question for its answer and explanation.

  1. The Indian state which was the first to release state level Human Development Report in 1995 was
  2. With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in
  3. The share of road transport in total transportation of the country is
  4. A proportion of the total deposits and reserves of the commercial banks that is to be kept with the Central Bank (RBI) on liquid form as a measure of control of RBI over the Commercial Banks is known as
  5. In India, the second largest provider of employment after agriculture is
  6. In the World, in the production of cotton, India ranks
  7. The Foreign Exchange Management Act(FEMA) was passed in
  8. The concept of zero-based budgeting was given by
  9. Who is the author of the book Man and Economics?
  10. The Twenty Point programme (TPP) conceived with the objective of improving quality of life of people was first initiated in
  11. Excess of Total Expenditure over total Receipts is
  12. In India the first bank of limited liability managed by Indian and founded in 1881 was
  13. Which company has started a rural marketing network called e-Chaupals?
  14. Rice, Millet (Jawar-Bajra ), Maize and cotton is the group which belongs to
  15. The central banking functions in India are performed by the I=Central Bank of India II=Reserve Bank of India III=State Bank of India IV=Punjab National Bank
  16. Development expenditure of the Central government does not include
  17. ICICI is the name of a
  18. Gilt-edged market means
  19. In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
  20. Devaluation of a currency means
  21. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation
  22. Depreciation means
  23. Deficit financing leads to inflation in general, but it can be checked if
  24. If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
  25. India changed over to the decimal system of coinage in A. April 1995 B. April 1957 C. April 1958 D. April 1959