Indian Economy previous years question MCQ UPSC / SSC / competitive exams

Find (Indian Economy) Economics previous years asked question MCQ   UPSC / SSC / competitive exams  Online Practice Questions And Answers quiz

31 .Which of the following Mahatma Gandhi series of currency notes issued by the RBI has a drawing of the 'Parliament House' depicted on it?
A.  Rs. 50
B.  Rs. 500
C.  Rs. 100
D.  Rs. 10
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32 .Which of the following is/are correct?
I. Bulk of unemployment in India is in rural areas
II. The disguised unemployment in agricultural sector is perennial
III. Industrialisation has rendered several people job-less in India

A.  I, II and III
B.  I only
C.  I and II
D.  II and III
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33 .Which one of the following Indian banks is not a nationalized bank?
A.  Federal bank
B.  Corporation Bank
C.  Vijaya Bank
D.  Dena Bank
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34 .Put in chronological order the following Special features/objectives of different Five Year Plans as they were first formulated:
1. Mahalanobis strategy
2. Modernisation
3. Removal of Poverty
4. Emphasis on employment generation

A.  3,4,1,2
B.  1,3,2,4
C.  2,1,3,4
D.  1,2,3,4
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35 .Which of the following mints undertakes refining of gold for licensed gold dealers and production of medals for defence services?
A.  None of the above
B.  The Kolkata Mint
C.  The Hyderabad Mint
D.  The Mumbai Mint
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36 .Planning in India derives its objectives from:
A.  Fundamental Duties
B.  Preamble
C.  Fundamental Rights
D.  Directive Principles of State policy
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37 .The basic attribute of a formal organization is :
A.  esteem and prestige
B.  dominance and supremacy
C.  rules and regulations
D.  roles and duties
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38 .'Conditionality' of an IMF loan to a member country stands for:
A.  schedule of disbursement of loan installments
B.  an assessment of the credit worthiness of the borrower
C.  the policy steps which the borrower country must take
D.  interest and repayment terms of the loan
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39 .Deficit financing leads to inflation in general, but it can be checked if:
A.  aggregate demand is increased only
B.  government expenditure leads to increase in aggregate supply in ratio of aggregate demand
C.  all the above
D.  all the expenditure is denoted national debt payment only
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40 .What percentage of country's demand for natural rubber is met by indigenous production:
A.  100%
B.  80%
C.  97%
D.  86%
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41 .Rising prices lead to all but one of the following:
A.  adverse effect on speculation
B.  adverse effect on balance of payments
C.  generation of black money
D.  promotion of inequalities
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42 .Fiscal deficit in the Union Budget means:
A.  the sum of budgetary deficit and net increase in internal and external borrowings
B.  the sum of monetised deficit and budgetary deficit
C.  the difference between current expenditure and current revenue
D.  net increase in Union Government's borrowings from the Reserve Bank of India
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43 .The situation with increasing unemployment and inflation is termed as:
A.  galloping inflation
B.  hyperinflation
C.  reflation
D.  stagflation
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44 .The National Development Council gets its administrative support from:
A.  Planning Commission
B.  Finance Commission
C.  Administrative Reforms Commission
D.  Sarkaria Commission
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45 .The ideal average NPK ratio aggregated for the country as a whole is :
A.  4 : 1 : 2
B.  2 : 4 : 1
C.  4 : 2 : 1
D.  4 : 3 : 2
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