Indian Economics

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181 National Income can be calculated in all except one of the following ways :

A
sum of all expenditures
B
sum of all outputs
C
sum of all savings
D
sum of all incomes

182 A firm sells new shares worth Rs. 1000 directly to individuals. This trans-action will cause.

A
Gross National product to rise by Rs. 1000
B
Gross Domestic Product to rise by Rs. 1000
C
National Income to rise by Rs. 1000
D
No impact on Gross National Product

183 The Minimum Support Price for food grains was introduced in the year :

A
1944
B
1964
C
1974
D
1954

184 When did the Rupee become a freely convertible currency on current account, in India ?

A
2000
B
2001
C
1994
D
1999

185 For whom was the first departmental life insurance started ?

A
Army
B
Civil officers of Central Government
C
Employees of postal department
D
Life Insurance Corpor-ation

186 In India, Special Economic Zones were established to enhance:

A
Free trade
B
Foreign Investment
C
Employment
D
Technology Development

187 Why did the Government ban the import of “Terminator seeds”?

A
To contain a virus which can destroy local crops
B
These seeds are injurious to human and animal health
C
These seeds contain genetically engineered properties to prevent further multiplication
D
These seeds multiply at very slow rates

188 The famous slogan “GARIBI HATAO” (Remove Poverty) was launched during the

A
First Five Year Plan (1951-56)
B
Third Five Year Plan (1961-66)
C
Fourth Five Year Plan (1964-66)
D
Fifth Five Year Plan (1974-79)

189 India exports power to ____.

A
Bangladesh
B
Myanmar
C
Pakistan
D
Bhutan

190 Which from the following is not a Navaratna PSU ?

A
SAIL
B
LIC
C
IOC
D
ONGC

191 The Commission in India dealing with minimum support price, procurement price, etc in connection with agricultural goods is the

A
Planning Commission
B
Agricultural Costs and Prices Commission
C
Agricultural Price Commission
D
National Marketing Commission

192 India adopted the Five-Year Plans from

A
France
B
former USSR
C
America
D
England

193 The Reserve Bank of India

A
provides direct fiancee to agriculture
B
provides finance to primary cooperative societies
C
provides finance to state cooperative banks
D
does not provide finance to agriculture

194 The Draft of the Five Year Plans in India is approved by the

A
National Development Council
B
Planning Commission
C
National Productivity Council
D
Ministry of Finance

195 Small farmers in the country have been defined as those farmers having land holding of :

A
below one hectare
B
one to two hectare
C
two to three hectare
D
three to four hectare