Indian Economy Study Material बिभाग “ट” Shared By R. Agarwal

Indian Economy Study Material बिभाग “ट” on mahasarkar.co.in. This is the page where we are deal with Indian Economy Study Material For Maharashtra Recruitment Exam. Every questions come from various source i.e. Population, Employment, Planning and Development, National Income, Poverty, Prices and Inflation, Agriculture, Industry, Public Finance, Money and Banking, Foreign Trade and Foreign Exchange, External Assistance, Liberalisation, Infrastructure. यह पेज ओह सब स्टूडेंट के लिए है, जो नौकरी की तलाश में हैं और भारती परिक्षा दिने के लिए इच्छुक हैं।

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Study Material: Indian Economy बिभाग “ट”

1. In 1951 – 52 institutional credit accounted for:

(1) 49%

(2) 7%

(3) 28%

(4) 5%

Ans:- (2) 7%

2. NABARD’s primary role is:

(1) To provide term loans to state cooperative banks

(2) To assist state government for share capital contribution

(3) To act as a re-finance institution

(4) All of these

Ans:- (4) All of these

3. Commercial banks finance rural credit directly and through

(1) NABARD

(2) Rural Banks

(3) Cooperative Societies

(4) State government

Ans:- (2) Rural Banks

4. At present there are ……….. RRBs.

(1) 15

(2) 280

(3) 196

(4) 421

Ans:- (3) 196

5. There are at present __________ regulated markets in the country:

(1) 7062

(2) 141

(3) 2567

(4) 14257

Ans:- (1) 7062

6. NAFED is an organization of

(1) Nagpur orange growers

(2) Marketing agency for inter-state marketing of agricultural produces

(3) National level farmers

(4) None of these

Ans:- (2) Marketing agency for inter-state marketing of agricultural produces

7. The objective of agricultural price policy is:

(1) To ensure that the producer gets a remunerative price

(2) To maintain a reasonable terms of trade between agricultural and non-agricultural sectors

(3) To protect the non-producing consumer

(4) All of these

Ans:- (4) All of these

8. Which country had the largest share of FDI in India during the last decade?

(1) Mauritius

(2) USA

(3) Japan

(4) UK

Ans:- (2) USA

9. Land Development Banks form a part of the

(1) Commercial banks

(2) Industrial Development bank of India

(3) Food Corporation of India

(4) Cooperative credit structure

Ans:- (4) Cooperative credit structure

10. The latest information about agricultural markets is collected and published by the:

(1) Food Corporation of India

(2) Directorate of Economics and Statistics

(3) National Council of Applied Economic Research

(4) Indian Statistical Institute

Ans:- (2) Directorate of Economics and Statistics

11. Crop insurance is the monopoly of:

(1) National Insurance Company

(2) General Insurance Corporation

(3) Life Insurance Corporation

(4) NABARD

Ans:- (2) General Insurance Corporation

12. According to the “Aggregate Measurement of Support” (AMS) formula of WTO domestic subsidy for agriculture shall not exceed ……………. %

(1) 5

(2) 7

(3) 10

(4) 20

Ans:-  (3) 10

13. According to WTO for agricultural commodities which are not significantly imported, a minimum market access of ……….. % of consumption demand has to be given by development countries:

(1) 1%

(2) 2%

(3) 3%

(4) 5%

Ans:- (3) 3%

14. The maximum level of stocking indicated in buffer stock policy is ………… million tones:

(1) 15

(2) 20

(3) 24

(4) 25

Ans:- (3) 24

15. The abnormal increase in buffer stock of FCI in recent times is due to:

(1) A series of bumper harvest

(2) Procurement prices are above market prices

(3) Additional storage facility created by FCI

(4) Transport bottlenecks in wheat producing regions

Ans:- (2) Procurement prices are above market prices

16. The share of services in the nation’s GDP is currently:

(1) 28%

(2) 35%

(3) 60%

(4) 54%

Ans:- (4) 54%

17. At independence two thirds of manufacturing and employment came from the following two industries

(1) Textiles and Tea

(2) Tea and coffee

(3) Tea and Jute

(4) Textiles and Jute

Ans:- (4) Textiles and Jute

18. At independence Foreigners controlled ………….. % of tea plantation

(1) 90

(2) 70

(3) 65

(4) 50

Ans:- (3) 65

19. The need for industrial licences was laid down for the first time by:

(1) Defence of India Rules 1939

(2) Indian Independence Act 1947

(3) Industries Development & Regulation Act 1951

(4) Industrial Policy Resolution 1956

 Ans:- (3) Industries Development & Regulation Act 1951

20. The concept of joint sector was recognized by:

(1) Industrial Policy Resolution 1956

(2) MRTP Act 1969

(3) Industrial Policy Statement 73

(4) Industrial Policy Statements 1977

Ans:- (3) Industrial Policy Statement 73

21. The Hazari Committee submitted its report in 1967. It pointed out the misuses of:

(1) Rural credit

(2) Industrial licences

(3) Bank deposits

(4) Foreign aid

Ans:- (2) Industrial licences

22. The Industrial Licensing Policy Inquiry Committee which submitted its report in 1969 is popularly known as the:

(1) Dutt Committee

(2) Boothalingam Committee

(3) Raj Committee

(4) Rajamannar Committee

Ans:- (1) Dutt Committee

23. The concept of concept of joint sector implies cooperation between

(1) Domestic and foreign industries

(2) Small-scale and large-scale industries

(3) Public sector and private sector industries

(4) State government and central government enterprises

Ans:- (3) Public sector and private sector industries

24. Fiscal Policy is connected with

(1) Exports and imports

(2) Public revenue and expenditure

(3) Issue of currency

(4) Population control

Ans:- (2) Public revenue and expenditure

25. Which of the following is the largest single source of the Government’s earning from tax revenue?

(1) Central excise

(2) Customs

(3) Central tax

(4) Income tax

Ans:- (1) Central excise

26. Out of the following which one contributes the minimum amount to the Government’s tax revenue?

(1) Central excise

(2) Customs

(3) Wealth tax

(4) Income tax

Ans:- (3) Wealth tax

27. Which one of the following taxes is not shared by the central government with the states?

(1) Union excise duties

(2) Customs duty

(3) Income tax

(4) Estate duty

Ans:- (2) Customs duty

28. The reversal of British Indian Policy from free trade to discriminating protection in 1923 was the result of:

(1) Montague-Chelmsford Reforms

(2) The recommendation of Fiscal Commission

(3) Swadeshi movement

(4) Changes in American trade policies

Ans:- (2) The recommendation of Fiscal Commission

29. The cause for a steep decline in population in India in 1921 census was:

(1) First world war

(2) Influenza

(3) Famine

(4) Partition of Bengal

Ans:- (2) Influenza

30. Amnicentesis is legally banned because:

(1) It affects the health of the mother

(2) It harms the foetus

(3) It causes the spread of AIDS

(4) It is used for the purpose of selection of the sex of the foetus

Ans:- (4) It is used for the purpose of selection of the sex of the foetus