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You Are On Multi Choice Question Bank SET 2256
112801. Feature of free market economy is
(A): General Balance (B): Consumer’s Sovereignty (C): Allocation of Resources (D): Welfare
112802. Economic Growth refers to
(A): Continuous growth of per capita real income over a period of one fiscal year (B): Continuous growth of per capita real income for two years (C): Continuous growth of per capita real income for one year (D): Continuous growth of per capita real income over a period of time
112803. is based on the principle of surplus value
(A): Idealism (B): Communism (C): Capitalism (D): Activism
112804. Which Committee was set up to suggest change in Companies Act ?
(A): Naresh Chandra Committee (B): Athreya Committee (C): JJ Irani Committee (D): Deepak Parikh Committee
112805. The Board of Industrial and Financial Reconstruction(BIFR) came into existence in which year ?
(A): 1987 (B): 1978 (C): 1982 (D): 1990
112806. Indian Institute of Foreign Trade is located in .
(A): Mumbai (B): New Delhi (C): Pune (D): Hyderabad
112807. Â Which of the following is the first Public Sector Corporation of Independent India ?
(A): Dedicated Freight Corridor Corporation of India (B): Cochin Shipyard (C): Hindustan Shipyard (D): Damodar Valley Corporation
112808. Open Market Operation is used in which sector of economy ?
(A): Marketing (B): Insurance (C): Banking (D): Agriculture
112809. Supply creates its own demand’ said by .
(A): Raj Krishna (B): J.B.Say (C): Walter Adams (D): David Hume
112810. Revealed Preference Theory was propounded by ..
(A): Robbins (B): Smith (C): Samuelson (D): Schumpter
112811. When total utility becomes maximum, then marginal utility will be
(A): Maximum (B): Minimum (C): Either maximum or minimum (D): Zero
112812. . is an active factor of production
(A): Product (B): Labour (C): Wages (D): Price
112813. Who developed the innovation theory of Profit ?
(A): Schumpeter (B): Adam Smith (C): Robbins (D): J.M.Keynes
112814. The committee on Insurance Sector Reforms was set up in 1993 under the Chairmanship of .
(A): Narasimman (B): R. N. Malhotra (C): T.S. Vijayan (D): J. Reddy
112815. Economic Reforms were introduced in ..
(A): 1991 (B): 1982 (C): 2000 (D): 1998
112816. . is maintained by an Indian bank in the foreign countries
(A): VOSTRO Account (B): LORO Account (C): NOSTRO Account (D): Bond
112817. We can transfer through NEFT
(A): Above 50000 (B): Beelow 1,00,00o (C): Above 100000 (D): Below 5,00,000
112818. Minimum limit of RTGS is
(A): 1 lakh (B): 2 lakh (C): 1.5 lakh (D): 3 lakh
112819. Which of the following is used to control inflation and propel growth ?
(A): Liquidity Adjustment Facility (B): Reverse Repo Rate (C): Cash Reserve Ratio (D): Statutory Liquidity Ratio
112820. Reverse Repo rate is always . less than the Repo Rate
(A): 2% (B): 1% (C): 0.5% (D): 1.5%
112821. SDR(Special Drawing Rights) are new form of International reserve assests, created by .. in 1967
(A): IMF (B): World Bank (C): NDB (D): RBI
112822. Once the borrower has failed to make interest or principle payment for .. days the loan is considered to be a non-performing assest
(A): 30 (B): 60 (C): 90 (D): 120
112823. . is the rate at which central bank of the country allows finance to commercial banks
(A): SLR (B): Repo Rate (C): Basic Points (D): Bank Rate
112824. In a budget statement there is a mention of types of deficit
(A): One (B): Two (C): Three (D): Four
112825. Expand NEAT
(A): National Exchange of Analysis Trading (B): National Exchange for All types of Trading (C): National Exchange of Automatic Trading (D): National Exchange Agency for Trading
112826. BSE is the oldest Stock exchange in India, founded in ..
(A): 1875 (B): 1920 (C): 1890 (D): 1935
112827. is the biggest Mutual Fund Institution of India
(A): Bombay Stock Exchange (B): Unit Trust of India (C): Life Insurance Corporation (D): Reserve Bank of India
112828. The Two parts of Indian Financial System were
(A): Regular side and Irregular Side (B): Inner side and Outer Side (C): Demand side and Supply side (D): Private Side and Public Side
112829. Navaratna’ is a company which is rising at level
(A): State (B): Asia (C): India (D): World
112830. Who was the first chairman of Disinvestment Commission ?
(A): G.V.Ramakrishna (B): S.K.Narayanan (C): Dr. R.H.Patil (D): N.V. Iyer
112831. The new economic policy was devised and implemented for the first time in which year ?
(A): 1992 (B): 1989 (C): 1972 (D): 1985
112832. The Integrated Rural Development Programme is financially assisted by the Centre and State in the ratio of ..
(A): 60:40 (B): 50:50 (C): 70:30 (D): 40:60
112833. The concept of economic planning is derived from which of the following countries ?
(A): UK (B): USA (C): Russia (D): France
112834. High level committee on Direct Tax matters headed by
(A): RV Easwar (B): Arub Jaitely (C): Narasimman (D): A.P. Shah
112835. The Father of Operation Flood was .
(A): Dr. Verghese Kurien (B): Dr.M.S.Swaminathan (C): Dr.Norman Borlaug (D): Dr.William Gande
112836. To increase the pace of .. , the Operation Flood was started
(A): Green Revolution (B): Brown Revolution (C): White Revolution (D): Blue Revolution
112837. Minimum Support Price(MSP) is decided by the .
(A): CSO (B): ACPC (C): Government (D): NABARD
112838. is the mainstay of the Indian Economy
(A): Land Development (B): Globalisation (C): Technical Development (D): Agriculture
112839. Co-operative Credit Organization started first time in ..
(A): 1904 (B): 1920 (C): 1949 (D): 1950
112840. . was the first plan which didn’t fix targets of crop production
(A): Nineth Plan (B): Eleventh Plan (C): Fifth Plan (D): Tenth Plan
112841. The green revolution was confined only to
(A): Paddy (B): Low Yielding Varieties (C): High Yielding Varieties (D): All of these
112842. Agricutural production can be divided into parts
(A): One (B): Two (C): Third (D): Four
112843. Agriculture with its allied activities accounts for of our national income in Previous methodology
(A): 45% (B): 35% (C): 50% (D): 60%
112844. .. is the market for medium term and long term funds
(A): Money Market (B): Financial Market (C): Financial Exchange (D): Capital Market
112845. The Indian Money market is the market in which funds are borrowed and lent
(A): Medium term (B): Long-term (C): Short-term (D): All of these
112846. Usually, the Indian money market is classified into .. sector and .. sector
(A): Direct Indirect (B): Private Public (C): One way Two way (D): Organised Unorganised
112847. .. is divided in current account and capital account
(A): Balance of Payment (B): Customer Stock (C): Credit (D): Balance of Trade
112848. Swarna Jayanti Shahari Rozgar Yojana is funded on basis between Centre and State
(A): 50:50 (B): 25:75 (C): 75:25 (D): 60:40
112849. The Slogan for the PMJDY mission is
(A): Mera Kharo – Bacha Vidhatta (B): Mera Khata – Bhagya Vidhatta (C): Maha Kya – Bhavan Veena (D): Mantri Khata – Bima Vidhyalaya
112850. Sukanya Samriddhi Accounts can be closed after completion of
(A): 23 years (B): 15 years (C): 18 years (D): 21 years
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