Indian Economy Questions

1. Competition (Amendment) Bill, 2007 has replaced—
(A) VAT
(B) MRTPC
(C) Securities Contracts (Regulation) Bill, 2005
(D) Electricity Act, 2003
Ans : (B)

2. ‘Mid-day Meal’ scheme was started in the year—
(A) 1998
(B) 1997
(C) 1996
(D) 1995
Ans : (D)

3. The total Foreign Direct Investment (FDI) during April-Dec. 2009 was about—
(A) $ 25 billion
(B) $ 21 billion
(C) $ 45 billion
(D) $ 50 billion
Ans : (B)


4. The duration of present Five Year Foreign Trade Policy of the Government of India is—
(A) 2011–2016
(B) 2009–2014
(C) 2010–2015
(D) 2008–2013
Ans : (B)

5. ‘Priyadarshini Project’ is related to—
(A) Empowerment of Rural women
(B) Survival of Girl Child
(C) Free Education to all girls
(D) None of the above
Ans : (A)

6. ‘Pratibha Kiran Yojana’ is a scheme to promote higher education among girls introduced by—
(A) Karnataka
(B) Bihar
(C) Madhya Pradesh
(D) Uttar Pradesh
Ans : (C)

7. To which service, the government has notified Service Tax Refund Scheme for exporter ?
(A) Port services
(B) Railway service
(C) Road service
(D) All of these
Ans : (D)

8. ‘Laadli Laxmi Yojana’ has been launched by………government for supporting girls of all religion and caste upto their marriage.
(A) Rajasthan
(B) Madhya Pradesh
(C) Uttar Pradesh
(D) Gujarat
Ans : (B)

9. As per estimetes of Ministry of Women and Child, the Gender Development Index (GDI) which had the score of 0•514 in 1996 has moved in 2006 to—
(A) 0•590
(B) 0•419
(C) 0•496
(D) 0•612
Ans : (A)

10. Who was the chairman of the Expert Committee which suggested a formula on ‘Consumption Expenditure’ for identifying BPL families ?
(A) Abhijit Sen
(B) C. Rangrajan
(C) Suresh Tendulkar
(D) Mihir Shah
Ans : (C)

11. ‘Innovation Lab’ has been launched by—
(A) Tata Consultancy Services
(B) Infosys Tech
(C) Reliance Industries
(D) Anil’s Reliance Communications
Ans : (A)

12. Dhanendra Kumar has been appointed Chairman of—
(A) CII
(B) Competition Commission of India
(C) FICCI
(D) SEBI
Ans : (B)

13. Which country was honoured at China International Travel Mart 2007 with Best Participating and Excellent Advertisement Awards ?
(A) Singapore
(B) Thailand
(C) India
(D) Nepal
Ans : (C)

14. APEC group leaders have decided to take up new membership issue after a few years and as a result India and other ten countries have to wait for APEC membership till—
(A) 2014
(B) 2010
(C) 2011
(D) 2012
Ans : (B)

15. Government has extended Mid Day Meal Scheme to cover the students upto class—
(A) 6th
(B) 7th
(C) 8th
(D) 10th
Ans : (C)

16. Videsh Sanchar Nigam Ltd. has been renamed as—
(A) Reliance Sanchar Nigam Ltd.
(B) Tata Sanchar Nigam Ltd.
(C) Tata Communication Ltd.
(D) Bharti Communication Ltd.
Ans : (C)

17. Government is going to merge Annapurna Scheme with—
(A) Mid Day Meal Scheme
(B) National Old Age Pension Scheme
(C) National Food for Work Programme
(D) Antyodaya Anna Yojana
Ans : (B)

18. For attaining 9% growth rate during 11th plan (2007-2012), investment level has been estimated to be—
(A) 34•8% of GDP
(B) 32•4% of GDP
(C) 30•9% of GDP
(D) 36•7% of GDP
Ans : (D)

19. Government adopted the new funding pattern (Centre State Share) for Sarva Shiksha Abhiyan as—
(A) 50 : 50
(B) 55 : 45
(C) 60 : 40
(D) 65 : 35
Ans : (D)

20. National Food Security Mission targets to increase the production of wheat, rice and pulses in next four years to—
(A) 10, 8 and 2 million tonne respectively
(B) 8, 10 and 2 million tonne respectively
(C) 8, 12 and 2 million tonne respectively
(D) 8, 10 and 4 million tonne respectively
Ans : (B)