Economics Mock Test series - 3

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

Reserve Bank of India

State Co-operative Bank

NABARD

State Bank of India

NABARD was established in the

Fourth Five Year Plan

Sixth Five Year Plan

Fifth Five Year Plan

Eighth Five Year Plan

At present Indian Rupee is

partially convertible on current account

fully convertible on current account

partially convertible on capital account

fully convertible on capital account

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

2500 kcal

2600 kcal

1800 kcal

2400 kcal

Under which Fiver Year Plan agriculture register a negative growth?

Third Fiver Year Plan

Seventh Fiver Year Plan

Ninth Fiver Year Plan

Fifth Fiver Year Plan

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

CARE

NWDPRA

DRDO

AVARD

Economic liberalisation in India started with

significant reduction in tax rates

the convertibility of Indian rupee

doing away with procedural formalities for foreign direct investment

substantial changes in industrial licensing policy

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

Second Fiver Year Plan

Ninth Fiver Year Plan

First Fiver Year Plan

Fifth Fiver Year Plan

In India, planned economy is based on

Capitalist System

Gandhian System

Socialist System

Mixed Economy System

10.

Who had estimated National Income in India first time?

Dadabhai Naoroji

RC Dutt

V.K.R.V. Rao

D.R. Gadgil

11.

In which State, the female literacy rate is lowest

Maharastra

Bihar

Kerala

Rajasthan

12.

The Tehri Hydro Power Complex is located in the State of

Himachal Pradesh

Uttar Pradesh

Uttarakhand

Sikkim

13.

What is Call Money?

Money borrowed for more than one day but upto 3 days

Money borrowed or lent for a day or overnight

Money borrowed for more than one day but upto 14 days

Money borrowed for more than one day but upto 7 days

14.

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

946:1000

933:1000

926:1000

940:1000

15.

Rourkela Steel Plant was set up with the assistance from

West Germany

USSR

USA

16.

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

Yamuna

Kaveri

Ganga

Brahamaputra

17.

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

Uttar Pradesh

Andhra Pradesh

Maharastra

West Bengal

18.

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

All of these

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

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

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

19.

Census of population in India is done after

5 years

7 years

10 years

2 years

20.

The term stagflation refers to a situation where

rate of growth and prices both are decreasing

rate of growth is faster than the rate of price increase

rate of growth is slower than the rate of price increase

growth has no relation with the change in prices

21.

Pradhan Mantri Jan Dhan Yojana has been launched for

Providing Financial Help to the marginalized communities

Promoting Women's Self Help Groups in backward areas

Providing Housing loan to poor people at cheaper interest rates

Promoting Financial Inclusion in the country

22.

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

1965

1960

1970

1955

23.

By 2010 literacy average in India touched

65.38%

54.16%

74.04%

57.36%

24.

Which is the oldest Oil Refinery in India?

Koyali

Digboi

Mathura

Haldia

25.

Who formulates the monetary policy in India?

Planning Commission

SEBI

Finance Ministry

RBI

Economics Mock Test series - 3

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