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General Knowledge on Indian Economy | GK test on Indian Economy Page 4
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General Knowledge on Indian Economy

(Click on suggested Options to select the answer | Color Red means : Wrong & Green Means: Correct)

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31. In the Government of India, under which Ministry is the National River Conservation Directorate?
  • A. Ministry of Environment and Forests
  • B. Ministry of Water Resources
  • C. Ministry of Agriculture
  • D. Ministry of Earth Sciences
  • Check Answer | Discussion
32. Agriculture Income Tax is assigned to the State Government by?
  • A. The Finance Commission
  • B. The Inter-State Council
  • C. The Constitution of India
  • D. The National Development Council
  • Check Answer | Discussion
33. In India deficit financing is used for raising resources for?
  • A. Adjusting the balance of payment
  • B. Reducing the foreign dept
  • C. Economic Development
  • D. Redemption of public dept
  • Check Answer | Discussion
34. To obtain full benefits of Demographic dividend, what should India do?
  • A. Privatisation of Higher Education
  • B. Reducing infant mortality rate
  • C. Promoting Skill Development
  • D. Introducing more social security Schemes
  • Check Answer | Discussion
35. Mahalanobis Plan Model adopted in India in the mid-fifties aimed at?
  • A. Building a strong defence industry base
  • B. Removing Unemployement within a short period
  • C. Curbing Inflation in the Economy
  • D. Setting up heavy industries which were capital intensive
  • Check Answer | Discussion
36. The main objective of the 12th Fve Year Plan is?
  • A. Faster, Sustainable and More Inclusive Growth
  • B. Sustainable and Inclusive Growth to Reduce Unemployment
  • C. Inclusive Growth and Poverty Reductions
  • D. Inclusive and Sustainable Growth
  • Check Answer | Discussion
37. At present, the National Commission on Population is Under?
  • A. Ministry of Health
  • B. Cabinet Secetariat
  • C. Planning Commission
  • D. Ministry of Human Resource Development
  • Check Answer | Discussion
38. The Chairman of the Finance Commision must be
  • A. A person having experience in public affairs
  • B. Qualified to be a High Court Judge
  • C. A person having special knowledge of Economics
  • D. All of the Above
  • Check Answer | Discussion
39. The acronym SRO, being used in the capital market for various market participants, stands for which one of the following?
  • A. Securities roll back operations
  • B. Self-regulatory organizations
  • C. Securities regulatory organizations
  • D. Small revenue operations
  • Check Answer | Discussion
40. The lowering of bank rate by the Reserve Bank of India leads to?
  • A. No change in the liquidity in the market
  • B. More liquidity in the market
  • C. Mobilisation of more deposits by commercial banks
  • D. less liquidity in the market
  • Check Answer | Discussion

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