INDIAN ECONOMY (GENERAL STUDIES)Total Questions: 5021. The Planning Commission of India is:(a) a constitutional body(b) a statutory body(c) a non-statutory body(d) an independent and autonomous bodyCorrect Answer: (c) a non-statutory body22. Which one of the following statements most appropriately describes the nature of the Green Revolution?(a) Intensive cultivation of crops(b) Seed-fertilizer-water technology(c) Intensive agriculture district programme(d) High-yielding varieties programmeCorrect Answer: (b) Seed-fertilizer-water technology23. Who gave the call for ‘Evergreen Revolution’ in India?(a) MS Swaminathan(b) APJ Abdul Kalam(c) Dr Manmohan Singh(d) MS AhluwaliaCorrect Answer: (a) MS Swaminathan24. Abid Hussain Committee is related to reforms in industries.(a) private sector(b) large(c) public sector(d) smallCorrect Answer: (c) public sector25. Name the First Indian private company to sign an accord with Government of Myanmar for oil exploration in second offshore blocks in that country:(a) Reliance Energy(b) GAIL(c) ONGC(d) Essar OilCorrect Answer: (d) Essar Oil26. In which area is the public sector most dominant in India?(a) Organized term lending financial institutions(b) Transport(c) Commercial banking(d) Steel productionCorrect Answer: (c) Commercial banking27. Reserve Bank of India was nationalized in the year:(a) 1935(b) 1945(c) 1949(d) 1969Correct Answer: (c) 194928. In India, inflation measured by the:(a) Wholesale Price Index number(b) Consumers Price Index for urban non-manual workers(c) Consumers Price Index for agricultural workers(d) National Income DeflationCorrect Answer: (a) Wholesale Price Index number29. Paper currency first started in India in:(a) 1861(b) 1542(c) 1601(d) 1880Correct Answer: (a) 186130. Devaluation of currency leads to:(a) fall in domestic prices(b) increase in domestic prices(c) no impact on domestic prices(d) erratic fluctuations in domestic pricesCorrect Answer: (b) increase in domestic pricesSubmit Quiz« Previous12345Next »
