Economics Mock Test series - 3

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

Maharastra

Uttar Pradesh

West Bengal

Andhra Pradesh

What is Call Money?

Money borrowed for more than one day but upto 7 days

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 14 days

Economic liberalisation in India started with

significant reduction in tax rates

the convertibility of Indian rupee

substantial changes in industrial licensing policy

doing away with procedural formalities for foreign direct investment

Census of population in India is done after

7 years

2 years

5 years

10 years

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

Second Fiver Year Plan

Fifth Fiver Year Plan

Ninth Fiver Year Plan

First Fiver Year Plan

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.

Who formulates the monetary policy in India?

Planning Commission

RBI

Finance Ministry

SEBI

NABARD was established in the

Sixth Five Year Plan

Fourth Five Year Plan

Eighth Five Year Plan

Fifth Five Year Plan

In India, planned economy is based on

Capitalist System

Mixed Economy System

Socialist System

Gandhian System

10.

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

11.

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

NABARD

Reserve Bank of India

State Bank of India

State Co-operative Bank

12.

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

2600 kcal

1800 kcal

2500 kcal

2400 kcal

13.

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

Brahamaputra

Yamuna

Kaveri

Ganga

14.

Rourkela Steel Plant was set up with the assistance from

West Germany

USA

USSR

15.

Which is the oldest Oil Refinery in India?

Digboi

Mathura

Koyali

Haldia

16.

The Tehri Hydro Power Complex is located in the State of

Himachal Pradesh

Sikkim

Uttarakhand

Uttar Pradesh

17.

At present Indian Rupee is

partially convertible on capital account

partially convertible on current account

fully convertible on capital account

fully convertible on current account

18.

Under which Fiver Year Plan agriculture register a negative growth?

Seventh Fiver Year Plan

Third Fiver Year Plan

Fifth Fiver Year Plan

Ninth Fiver Year Plan

19.

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

1965

1960

1955

1970

20.

By 2010 literacy average in India touched

74.04%

57.36%

54.16%

65.38%

21.

In which State, the female literacy rate is lowest

Maharastra

Kerala

Rajasthan

Bihar

22.

Who had estimated National Income in India first time?

V.K.R.V. Rao

RC Dutt

Dadabhai Naoroji

D.R. Gadgil

23.

The term stagflation refers to a situation where

rate of growth is slower than the rate of price increase

rate of growth and prices both are decreasing

growth has no relation with the change in prices

rate of growth is faster than the rate of price increase

24.

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

926:1000

946:1000

933:1000

940:1000

25.

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

DRDO

AVARD

CARE

NWDPRA

Economics Mock Test series - 3

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