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Indian History
Indian Geography
Indian Polity
General Science
Indian Economy
GK
North East India
English Grammar
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MCQ on Indian Economy
Q: NITI Aayog, which replaced the Planning commission of India, was formed by a cabinet resolution of the Government of Inda on:
A: 1st January, 2015
B: 26th January, 2015
C: 15th August, 2015
D: None of the above
Answer
1st January, 2015
Q: The Reserve Bank of India was established in the year :
A: 1930
B: 1935
C: 1940
D: 1945
Answer
1935
Q: Planning Commission of India was set up by :
A: Morarji Desai
B: T T Krishnamachari
C: Jawaharlal Nehru
D: None of the above
Answer
Jawaharlal Nehru
Q: If the RBI adopts expansionist open market operations policy, this means that it will:
A: openly announce to the market that it intends to expand credit
B: sell securities in open market
C: offer commercial banks more credit in the open market
D: buy securities from non-government holders
Answer
sell securities in open market
Q: The Special Economic Zones Act was passed by the Indian Parliament in 2005 and the Act came into force in:
A: 2006
B: 2009
C: 2010
D: 2012
Answer
2006
Q: Which organisation looks after the credit need of agriculture and rural development in India ?
A: FCI
B: IDBI
C: NABARD
D: ICAR
Answer
NABARD
Q: Who prints and supplies the currency notes in India:
A: State Bank of India
B: United Bank of India
C: Reserve Bank of India
D: United Commercial Bank of India
Answer
Reserve Bank of India
Q: Which of the following sector gives the largest income in India ?
A: Trade sector
B: Railway
C: Agriculture
D: Service sector
Answer
Service sector
Q: New Industrial Policy of India was introduced in the year:
A: 1990
B: 1991
C: 1992
D: 1993
Answer
1991
Q: In India, present trend of rapid urbanization is due to:
A: lack of employment opportunities in rural areas
B: influence of cinema and electronic media
C: break up of joint family system
D: abolition of zamindari tystem
Answer
lack of employment opportunities in rural areas
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