Indian Economic Quiz 2014

1. At present, the reverse repo rate is—
(A) 4•00%
(B) 4•25%
(C) 4•50%
(D) 5•25%
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2. At present, the bank rate is :
(A) 6•0%
(B) 5•5%
(C) 5•0%
(D) 4•5%
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3. How many Indian Companies have been included in Forbes-2009 list of 2000 world efficient companies ?
(A) 47
(B) 37
(C) 27
(D) 17
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4. Which of the following has chosen Gross National Happiness as the index of progress?
(A) Sweden
(B) Switzerland
(C) Bhutan
(D) Japan
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5. Sustainable agriculture means—
(A) Self-sufficiency
(B) To be able to export and import under WTO norms
(C) To utilise land so that its quality remains intact
(D) To utilise waste land for agricultural purposes
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6. ‘CENVAT’ is related to—
(A) Income Tax
(B) Sales Tax
(C) Excise Duty
(D) None of the above
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7. According to the Union Budget for 2010-11 the plan allocation for Bharat Nirman Programme is—
(A) Rs. 42,000 crore
(B) Rs. 48,000 crore
(C) Rs. 52,000 crore
(D) Rs. 58,000 crore
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8. In 2010-11 main budget the fiscal deficit of India is estimated at—
(A) 5•5 per cent of GDP
(B) 6•0 per cent of GDP
(C) 2•5 per cent of GDP
(D) 2•7 per cent of GDP
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9. What was the theme of World Development Report 2009 ?
(A) Reshaping Economic Geography
(B) Millennium Development Goals
(C) Human Development to Eradicate Poverty
(D) People’s Participation
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10. As per the World Development Report 2009, the highest per capita income in 2007 is in—
(A) Luxembourg
(B) Switzerland
(C) Norway
(D) Japan
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11. What is the estimated replacement reproduction level per married couple to obtain zero population growth ?
(A) 2.0
(B) 2.1
(C) 2.6
(D) 3.0
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12. What is the number of ‘Navratan’ companies in India at present (i.e. till July 2009) ?
(A) 11
(B) 17
(C) 18
(D) 19
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13. In which year India got the record foreign direct investment inflow ?
(A) 2005-06
(B) 2007-08
(C) 2004-05
(D) 2006-07
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14. Find the odd one out—
(A) NSE
(B) BSE
(C) DSE
(D) SEBI
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15. Highly Profitable Public Sector Unit is—
(A) Videsh Sanchar Nigam Ltd.
(B) Oil & Natural Gas Corporation
(C) Indian Oil Corporation
(D) None of the above
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16. National Insurance Company Ltd. is a subsidiary of —
(A) Kotak Mahindra
(B) LIC of India
(C) Telco
(D) General Insurance Corporation of India
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17. After 1991, the Central Government implemented various far-reaching reforms in the area of taxation. This was based on the recommendations of the—
(A) Wanchoo Committee
(B) Rajah Chelliah Committee
(C) Raj Committee
(D) Narsimham Committee
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18. A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as—
(A) Demand Pull inflation
(B) Cost Push inflation
(C) Stagflation
(D) Structural inflation
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19. After the initiation of economic reforms in 1991-92, the amount of—
(A) Direct taxes increased and that of indirect taxes decreased in gross tax revenue
(B) Both direct and indirect taxes increased in gross tax revenue
(C) Both direct and indirect taxes decreased in gross tax revenue
(D) Direct taxes decreased and that of indirect taxes increased in gross tax revenue
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20. According to Economic Survey 2009-10, the investment-deposit ratio in the country has been registered at—
(A) 34•3%
(B) 36•6%
(C) 32•5%
(D) 35•2%
See Answer: