General Knowledge - Indian Economics Related Top 30 Questions and Answers
1. Government has decided to cover all districts of the country in National Rural Employment Guarantee Programme (NREGP)–
(A) Upto January 1, 2008
(B) Upto March 31, 2008
(C) w.e.f. April 1, 2008
(D) w.e.f. April 1, 2009
Answer: Upto March 31, 2008
2. What is ‘NIKKEI’ ?
(A) Share Price Index of Tokyo Share Market
(B) Name of Japanese Central Bank
(C) Japanese name of Country’s Planning Commission
(D) Foreign Exchange Market of Japan
Answer: Share Price Index of Tokyo Share Market
3. ‘Pure Banking, Nothing Else’ is a slogan raised by–
(A) ICICI Bank
(B) HDFC Bank
(C) SBI
(D) UTI Bank
Answer: SBI
4. In 2011 census, the sex ratio in rural and urban areas of the country stands–
(A) 946 and 932 respectively
(B) 949 and 929 respectively
(C) 939 and 929 respectively
(D) 946 and 910 respectively
Answer: 949 and 929 respectively
5. Individual cannot open his account in–
(A) Urban Cooperative Bank
(B) Regional Rural Bank
(C) RBI
(D) Scheduled Commercial Banks
Answer: RBI
6. As per Census 2011, the total population of India at 0.00 hrs of March 1,2011 was 1210.6 million in which rural population percentage stood at–
(A) 65.23%
(B) 69.73%
(C) 68.85%
(D) 72.03%
Answer: 68.85%
7. ‘Closed Economy’ is that economy in which–
(A) Only export takes place
(B) Money supply is fully controlled
(C) Deficit financing takes place
(D) Neither export nor import takes place
Answer: Neither export nor import takes place
8. Which of the following statement is true about 19th Livestock Census-2012 ?
(A) Total Livestock is 450.00 million
(B) Mich Cattle’s number increased
(C) Total Livestock population in India by 3.33% in 2012 an compares to previous Census data of 2007
(D) All of the above
Answer: Total Livestock population in India by 3.33% in 2012 an compares to previous Census data of 2007
9. Chelliah Committee recommended to tax the agriculture income of non-farmers having income above–
(A) Rs. 15000
(B) Rs. 20000
(C) Rs. 25000
(D) Rs. 50000
Answer: Rs. 25000
10. Which of the following committee is related to infrastructure financing?
(A) Deepak Parekh Committee
(B) T. Shanker Lingam
(C) T. S. Vijayan
(D) O. P. Garg
Answer: Deepak Parekh Committee
11. Which part of the divided UTI is working as Mutual Fund under SEBI rules?
(A) UTI-I
(B) UTI-II
(C) Both (A) and (B)
(D) None of the above
Answer: UTI-II
12. South Sudan has become a member of International Monetary Fund (IMF). It became IMF’s–
(A) 186th Member
(B) 187th Member
(C) 188th Member
(D) 189th Member
Answer: 188th Member
13. As per provisional data of CSO for 2013-14, GDP (at factor cost at current prices) growth stands at–
(A) 8.2%
(B) 9.8%
(C) 11.5%
(D) 13-2%
Answer: 11.5%
14. The companies of which country got the maximum entry in the Forbes’ list 2014 ‘Global 2000’ ?
(A) China
(B) Japan
(C) USA
(D) Germany
Answer: USA
15. The teledensity in India at end February 2014 stood at about–
(A) 25
(B) 50
(C) 75
(D) 100
Answer: 75
16. Government has decided to stop the circulation of 25 paise coin w.e.f.–
(A) April 1, 2011
(B) June 1, 2011
(C) June 30, 2011
(D) September 30, 2011
Answer: June 30, 2011
17. IMF is the result of–
(A) Hawana conference
(B) Rome conference
(C) Brettonwood conference
(D) Geneva conference
Answer: Brettonwood conference
18. Who among the following has taken charge of FICCI in December 2013 ?
(A) Naina Lal Kidwai
(B) Siddharth Birla
(C) Sandeep Somany
(D) R. Chandrashekhar
Answer: Siddharth Birla
19. The headquarters of ILO is at–
(A) Washington
(B) Geneva
(C) The Hague
(D) Manila
Answer: The Hague
20. The headquarters of EEC is in–
(A) Brussels
(B) Maastricht
(C) Washington
(D) London
Answer: Brussels
21. Rural Electrification Corporation was established in–
(A) 1979
(B) 1969
(C) 1989
(D) 1959
Answer: 1969
22. Who suggested to establish an ‘Insurance Regulation Authority’ ?
(A) Dandekar Committee
(B) Malhotra Committee
(C) Khusro Committee
(D) Rangrajan Committee
Answer: Malhotra Committee
23. How many countries of Latin America and Africa have been notified by the Ministry of Commerce under the newly introduced ‘Focus Market Scheme’ for export promotion ?
(A) 37
(B) 57
(C) 81
(D) 115
Answer: 57
24. In Union Budget 2014-15 the deductable limit on account of interest on loans in respect of self-occupied house property has been hiked to–
(A) Rs. 1.25 lakh
(B) Rs. 1.50 lakh
(C) Rs. 1.75 lakh
(D) Rs. 2.00 lakh
Answer: Rs. 2.00 lakh
25. The minimum support price for rabi crop wheat, to be marketed in 2014-15, has been fixed at–
(A) Rs. 1350 per quintal
(B) Rs. 1375 per quintal
(C) Rs. 1400 per quintal
(D) Rs. 1450 per quintal
Answer: Rs. 1400 per quintal
26. From 30thlune, 2011 many coins have been demonetized as per RBI instructions. What is the minimum acceptable denomination of coins at present?
(A) One rupee coins
(B) Fifty paise coins
(C) Two rupee coins
(D) Twenty five paise coins
Answer: Fifty paise coins
27. On April 2, 2014, RBI granted ‘inprinciple’ approval to setup bank. Out of 25 applicants, this approval was given to only–
(A) 2
(B) 3
(C) 4
(D) 5
Answer: 2
28. Which of the Indian companies have been named among the world’s most admired companies by Fortune magazine?
(A) Tata Steel and ONGC
(B) BHEL and ONGC
(C) BHEL and Tata Steel
(D) RIL and ONGC
Answer: Tata Steel and ONGC
29. In census 2011 final data the male/literacy in the country has been worked out to be–
(A) 80.9%
(B) 76.2%
(C) 72.8%
(D) 71.3%
Answer: 80.9%
30. Female literacy in the country, as per final census data 2011, stands at–
(A) 70.3%
(B) 68.2%
(C) 64.6%
(D) 62.3%
Answer: 6
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