50 Indian Economy MCQ for every competitive exam

50 Indian Economy MCQ for every competitive exam

21. Which among the following committees suggested the concept of  Universal Banking  ?
    [A] Raja Chelliah Committee
    [B] RH Khan Committee
    [C] Chakravarty Committee
    [D] Abid Hussain Committee
    View Answer
    [B] RH Khan Committee
22. Which among the following is not a part of factor of production?
    [A] Land
    [B] Labour
    [C] Capital
    [D] Wages
    View Answer
    [D] Wages
23. Who is the author of “Stabilizing an Unstable Economy”?
    [A] Hyman P.Minsky
    [B] Daniel Kahneman
    [C] Joseph Schumpeter
    [D] Henry Kaufman
    View Answer
    [A] Hyman P.Minsky
24. Which of the following is the main sources of irrigation in India?
    [A] Tank
    [B] Canal
    [C] Wells & Tubewells
    [D] None of the above
    View Answer
    [C] Wells & Tubewells
25. Which is the largest cement producing state in India?
    [A] Madhya Pradesh
    [B] Andhra Pradesh
    [C] Karnataka
    [D] Maharashtra
    View Answer
    [A] Madhya Pradesh
26. What is India’s contribution to the global supply of anti-retro viral drugs for AIDS?
    [A] 80%
    [B] 30%
    [C] 50%
    [D] 75%
    View Answer
    [A] 80%
27. Which type of banks helps companies during the IPO?
    [A] Development banks
    [B] Investment banks
    [C] Mutual Funs managers
    [D] Specialized banks
    View Answer
    [B] Investment banks
28. Which among the following is world’s largest foreign exchange market ?
    [A] New York
    [B] London
    [C] Tokyo
    [D] Moscow
    View Answer
    [B] London
29. The livestock census in India is done every_______?
    [A] 1 Year
    [B] 3 Years
    [C] 5 Years
    [D] 10 years
    View Answer
    [C] 5 Years
30. Rs. 100 notes are printed in which of the following?
    [A] The Indian Security Press Nasik
    [B] The Security Printing Press Hyderabad
    [C] The bank Note Press, Dewas
    [D] All1,2&3
    View Answer
    D [All1,2&3]
31. Which among these is most volatile Foreign Capital?
    [A] External Commercial Borrowings
    [B] Foreign Direct Investment
    [C] Loans from International Financial Institutions
    [D] Foreign Portfolio Investment
    View Answer
    [D] Foreign Portfolio Investment
32. Which city has the highest number of cotton mills?
    [A] Ahmedabad
    [B] Mumbai
    [C] Agra
    [D] Kolkata
    View Answer
    [B] Mumbai
33. What is the rank of Indian Music Industry in terms of revenue in the world?
    [A] 10
    [B] 15
    [C] 17
    [D] 9
    View Answer
    [B] 15
34. How many members exist on the board of SEBI?
    [A] 5
    [B] 7
    [C] 9
    [D] 10
    View Answer
    [C] 9
35. Businesses can be taxed by which of the following?
    [A] State government only
    [B] both by state and union government
    [C] by panchayats only
    [D] Union government only
    View Answer
    [A] State government only