Q: Which among the following in India has the function of recommending Minimum Support Prices for various commodities to the Government ?

A: National Farmers Commission

B: Commission for Agricultural Costs and Prices

C: Central Statistical organization

D: Department of Agriculture



Commission for Agricultural Costs and Prices


Q: The architect of the Second Five Year Plan was :

A: Mahatma Gandhi

B: Subhash Chandra Bose

C: P. C. Mahalanobis

D: None of them



P. C. Mahalanobis


Q: The Plan launched in the 50th year of Indian Independence was :

A: Sixth five year plan

B: Eighth five year plan

C: Ninth five year plan

D: Tenth five year plan



Ninth five year plan


Q: In order to control inflationary price rise, Reserve Bank directs Banks to

A: Reduce rate of interest on credit

B: Reduce Statutory Liquidity Ratio (SLR)

C: Increase Cash Reserve Ratio (CRR)

D: Buy bonds from capital market



Increase Cash Reserve Ratio (CRR)


Q: Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, popularly known as Black Money Act, 2015 came into effect from :

A: 1st April, 2015

B: 1st May, 2015

C: 1st June, 2015

D: 1st July, 2015



1st July, 2015


Q: When was National Bank of Agriculture and Rural Development (NABARD) established ?

A: 6th Dec, 1947

B: 6th Dec, 1982

C: 5th Nov, 1982

D: 7th Oct, 1982



5th Nov, 1982


Q: The Reserve Bank of India was established in the year :

A: 1930

B: 1935

C: 1940

D: 1945



1935


Q: In India, which sector generally suffers from the problem of surplus labour ?

A: Agriculture

B: Industry

C: Service

D: All of these



Agriculture


Q: Chairman of the 15th Finance Commission of India-

A: NK Singh

B: YV Reddy

C: Ranghuram Rajan

D: Ramesh Chand



NK Singh


Q: A closed economy is an economy in which:

A: the money supply is fully controlled

B: deficit financing takes place

C: only exports take place

D: Neither exports nor imports take place.



Neither exports nor imports take place.
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