Indian-Economy-MCQ Related Question Answers

101. Consider the following statements about a Non-Banking Financial Company (NBFC): 1.%%An NBFC cannot accept demand deposits; 2.%%An NBFC is not a part of the payment and settlement system 3.%%An NBFC cannot issue cheques drawn on itself 4.%%Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors Which among the above is/ are correct statements?





102. Consider the following statements about Jute Production in India: 1.%%India is the world’s largest producer of raw jute and jute goods 2.%%West Bengal is the largest producer of Jute in the country Which of the above statements is/are correct?





103. Consider the following statements about Mixed Economy system: 1.%%It combines the features of both capitalist and socialist market 2.%%India is an excellent example of mixed economy system Which of the above statements is/are correct?





104. Consider the following statements about Natural rubber (NR) production in India: 1.%%Rubber plantation in India is confined to the states of Kerala and Tamil Nadu 2.%%As of now, India is the largest producer of natural rubber in world Which of the above statements is/are correct?





105. Consider the following statements about the Commission for Agricultural Costs & Prices (CACP): 1.%%It is mandated to recommend minimum support prices (MSPs) 2.%%Union Agriculture Minister is the ex-officio chairperson of the commission Which of the above statements is/are correct?





106. Consider the following statements about the Floating Rate Bonds: 1. Coupon rate is not fixed 2. The Coupon rate is reset with reference to a benchmark rate 3. Sold at a discount from the face value Which among the above statements is/ are correct?





107. Consider the following statements regarding Cost Push Inflation: 1.%%Cost Push Inflation is a function of the costs such as wages, rent , interest rates etc. 2.%%Cost Push Inflation can be controlled easily in comparison to the Demand Pull Inflation 3.%%The purchasing power of Rupee decreases in case of Cost push inflation. Which among the above statements hold correct?





108. Consider the following statements: 1. Bureau of Indian Standards was set up as a statutory organization under the Bureau of Indian Standards Act, 1986 2. Bureau of Indian Standards had taken over the assets and liabilities of the Indian Standards Institution (ISI) that came into existence in 1947. Which among the above statements is / are correct?





109. Consider the following Statements: 1. Indicative Planning is a feature of ‘Mixed Economy’. 2. Perspective Planning is used by socialist countries where each and every aspect of planning is controlled by the State. Which of the above Statement(s) is/are correct?





110. Consider the following statements: 1. Oldest stock exchange of Asia is Kolkata Stock Exchange 2. Oldest tram operating in Asia is Calcutta Tram Which among the above statements is / are correct?





111. Consider the following statements: 1. To execute an arbitrage deal, one has to simultaneously enter into deals in two markets where the price differential exists 2. There are Mutual funds, which can help in arbitrage for the investors Which among the above statements is / are correct?





112. Consider the following statements: 1.%%14 major dairying states account for more than 90% of India’s Milk Production 2.%%National Dairy Plan was launched to improve the quality of Milch animals in these 14 states Which among the above statements is / are correct?





113. Consider the following statements: 1.%%Accelerated Irrigation Benefits programme is a programme of Ministry of Agriculture, Government of India 2.%%This programme was launched in 1996-97 to extend financial assistance to the States for completion of identified ongoing irrigation projects Which among the above statements is / are correct?





114. Consider the following statements: 1.%%Among Fruits, Largest Area under cultivation in India is that of Banana 2.%%Among Fruits, Largest Production is India is that of Mango Which among the above is / are correct statements?





115. Consider the following statements: 1.%%Both WPI and IIP are released by CSO 2.%%Both WPI and IIP exist since British Era Which among the above statements is are correct?





116. Consider the following statements: 1.%%Disinvestment essentially results in Privatization 2.%%Privatization essentially results in transfer of assets Which among the above statements is/ are correct?





117. Consider the following statements: 1.%%In Minimum Reserve System, RBI had to keep a minimum reserve of Gold worth Rs. 115 Crores and rest in Indian Rupees. 2.%%The Minimum Requirement of Foreign Securities was diluted when Minimum Reserve System was launched.?





118. Consider the following statements: 1.%%India has largest Public distribution system in the world. 2.%%In respect to the Food grains, The PDS works on the basis of explicit subsidy paid to Food Corporation of India 3.%%This subsidy is used to meet the difference between the procurement price paid by FCI to farmers and the price it sells to PDS Which among the above statements are correct?





119. Consider the following statements: 1.%%India is largest producer of Pulses 2.%%India is largest Consumer of Pulses 3.%%India is largest importer of Pulses Which among the above statements hold correct?





120. Consider the following statements: 1.%%Nagaland was the first state of India which launched its own Bamboo Policy 2.%%Ministry of Agriculture has launched the National Bamboo Mission (NBM) and the National Mission on Bamboo Application (NMBA) for its holistic development, cultivation and for developing the technologies and applications for bamboo based products. 3.%%Bansloachan or Tabasheer is obtained from certain species of Bamboo Which among the above statements is/ are correct?





121. Consider the following statements: 1.%%Price Stabilization Fund Scheme was launched for Coffee, Tea, Rubber and Tobacco growers in the country 2.%%In this scheme Government procures the commodities when the prices fell below a certain level to support the growers Which among the above statements is/ are correct?





122. Consider the following statements: 1.%%The Minimum Wage Act 1948 is implemented by the Department of Revenue of all the State Governments 2.%%The Minimum Wages are Fixed by the Central Government Which among the above statements is / are correct?





123. Consider the following statements: Assertion: The year end estimates of GDP are more reliable than the quarterly estimates Reason: The Year End estimates are based upon overall measures of WPI and CPI Which among the following options is correct?





124. Consider the following states: 1. Uttarakhand 2. Nagaland 3. Sikkim 4. Mizoram Which among the above have recently declared their intent to go for 100% organic farming?





125. Consider the following steps: 1.%%Banking Department gets currency from the Issue Department 2.%%Government puts the currency in circulation 3.%%Central Government Incurs a deficit in its Budget 4.%%Government Sells Treasury Bills to Banking Department of RBI Which among the following is the correct order of the above steps?





Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution