Economics Mock Test series - 3

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The Government has decided to declare which of the following river a 'National river'?

Kaveri

Ganga

Brahamaputra

Yamuna

NABARD was established in the

Fourth Five Year Plan

Eighth Five Year Plan

Sixth Five Year Plan

Fifth Five Year Plan

The Tehri Hydro Power Complex is located in the State of

Uttarakhand

Uttar Pradesh

Himachal Pradesh

Sikkim

By 2010 literacy average in India touched

65.38%

54.16%

57.36%

74.04%

At present Indian Rupee is

fully convertible on current account

partially convertible on current account

partially convertible on capital account

fully convertible on capital account

'Food for work programme' was introduced during which one of the following Five Year Plan?

First Fiver Year Plan

Fifth Fiver Year Plan

Second Fiver Year Plan

Ninth Fiver Year Plan

Pradhan Mantri Jan Dhan Yojana has been launched for

Promoting Women's Self Help Groups in backward areas

Promoting Financial Inclusion in the country

Providing Financial Help to the marginalized communities

Providing Housing loan to poor people at cheaper interest rates

The term stagflation refers to a situation where

rate of growth and prices both are decreasing

rate of growth is slower than the rate of price increase

growth has no relation with the change in prices

rate of growth is faster than the rate of price increase

Under which Fiver Year Plan agriculture register a negative growth?

Third Fiver Year Plan

Ninth Fiver Year Plan

Seventh Fiver Year Plan

Fifth Fiver Year Plan

10.

In which of the following year was the Food Corporation of India set up?

1960

1965

1955

1970

11.

The nodal agency for implementing the 'Rural Infrastructure Development Fund Programmes' is

NABARD

State Bank of India

Reserve Bank of India

State Co-operative Bank

12.

Census of population in India is done after

5 years

2 years

7 years

10 years

13.

Which of the following is the correct definition of term National Income?

National Income means the total amount of money Government earns only through direct tax collections every year.

It is the total value of all sorts of stocks held by a country at a particular point of time.

All of these

This is the measure of the volume of commodities and services turned out during a given period counted without duplication.

14.

In India the highest concentration of slum population is in the State of

West Bengal

Maharastra

Uttar Pradesh

Andhra Pradesh

15.

Who had estimated National Income in India first time?

D.R. Gadgil

RC Dutt

V.K.R.V. Rao

Dadabhai Naoroji

16.

Economic liberalisation in India started with

the convertibility of Indian rupee

significant reduction in tax rates

doing away with procedural formalities for foreign direct investment

substantial changes in industrial licensing policy

17.

Who formulates the monetary policy in India?

RBI

SEBI

Finance Ministry

Planning Commission

18.

In which State, the female literacy rate is lowest

Bihar

Maharastra

Rajasthan

Kerala

19.

Which of the following is a project to develop watersheds in India?

CARE

NWDPRA

DRDO

AVARD

20.

Rourkela Steel Plant was set up with the assistance from

USSR

West Germany

USA

21.

What is Call Money?

Money borrowed or lent for a day or overnight

Money borrowed for more than one day but upto 3 days

Money borrowed for more than one day but upto 7 days

Money borrowed for more than one day but upto 14 days

22.

According to the 2010 Census report, female male ratio in India is

933:1000

946:1000

926:1000

940:1000

23.

In India, planned economy is based on

Capitalist System

Socialist System

Gandhian System

Mixed Economy System

24.

On which of the following bases has the planning commission defined 'Poverty Line' in rural areas in India?

2500 kcal

1800 kcal

2400 kcal

2600 kcal

25.

Which is the oldest Oil Refinery in India?

Mathura

Digboi

Koyali

Haldia

Economics Mock Test series - 3

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