economy – Page 2 – Just Crack Interview

Ques:- When was Air Transport taken over by Government?

A. 1947

B. 1950

C. 1953

D. 1960

Recent Answer : Added by Admin On 2022-09-30 19:11:30:

C. 1953

Ques:- Which of the following organizations is directly responsible for administration and management of Indian Railways?

A. Parliamentary Convention Committee attached to Railway Ministry

B. National Transport Policy Committee

C. Ministry of Railways

D. Railway Board

Recent Answer : Added by Admin On 2022-09-30 19:12:28:

D. Railway Board

Ques:- Who is called the Father of Economics?

A. Adam Smith

B. Ricardo

C. J.M. Keynes

D. Malthus

Recent Answer : Added by Admin On 2022-10-01 16:40:42:

A. Adam Smith

Ques:- Interest Rate Policy is a component of

A. Direct Control

B. Trade Policy

C. Monetary Policy

D. Fiscal Policy

Recent Answer : Added by Admin On 2022-10-01 16:43:44:

C. Monetary Policy

Ques:- Which of the following states has the lowest rate of literacy?

A. Bihar

B. Orissa

C. Rajasthan

D. Himachal Pradesh

Recent Answer : Added by Admin On 2022-10-01 16:42:52:

A. Bihar

Ques:- To which of the following countries did Karl Marx belong?

A. Russia

B. France

C. Italy

D. Germany

Recent Answer : Added by Admin On 2022-10-01 16:38:31:

D. Germany

Ques:- The Asian Development Bank has its headquarters in

A. Tokyo

B. Kuala Lumpur

C. Manila

D. Colombo

Recent Answer : Added by Admin On 2022-09-30 19:07:04:

C. Manila

Ques:- The Headquarters of World Bank are in

A. Washington D.C

B. New York

C. Paris

D. Geneva

Recent Answer : Added by Admin On 2022-11-13 15:08:57:

A. Washington D.C

Ques:- India adopted the Five Year Plans from

A. America

B. England

C. Former USSR

D. France

Recent Answer : Added by Admin On 2022-09-30 19:06:12:

C. Former USSR

Ques:- Which of the following provides the largest part of the demand for loanable funds in India?

A. Corporate businesses

B. Hire purchase borrowers

C. Farmers

D. Private house purchasers

Recent Answer : Added by Admin On 2022-09-30 19:05:27:

B. Hire purchase borrowers

Ques:- The most important source of capital formation in India has been

A. Corporate savings

B. Government revenue surpluses

C. Public sector savings

D. Household savings

Recent Answer : Added by Admin On 2022-11-13 15:10:10:

D. Household savings

Ques:- The modern economy is not characterised by

A. capital intensive mode of production

B. self sufficient village system

C. producing for market

D. development of money economy

Recent Answer : Added by Admin On 2022-11-15 16:35:38:

B. self sufficient village system

Ques:- Present Industrial policy in India aims at

A. discourage the performance of the private sector units

B. accelerating the performance of mixed economy

C. promoting the private sector units

D. increasing the production of public sector units

Recent Answer : Added by Admin On 2022-10-01 16:45:15:

B. accelerating the performance of mixed economy

Ques:- One of the main factors that led to rapid expansion of Indian exports is

A. imposition of import duties

B. diversification of exports

C. recession in other countries

D. liberalisation of the economy

Recent Answer : Added by Admin On 2022-10-01 16:39:58:

B. diversification of exports

Ques:- Modern economy is one of

A. Planned economy

B. Open economy

C. Cash economy

D. Credit economy

Recent Answer : Added by Admin On 2022-09-30 19:15:25:

A. Planned economy

Ques:- Which of the following is the most important objective of Indian Planning?

A. Increasing per capita income

B. Reducing inequality of income and wealth

C. Increasing capital information

D. Reducing price instability

Recent Answer : Added by Admin On 2022-09-30 19:28:24:

A. Increasing per capita income

Ques:- The largest source of saving in India since 1950 has been?

A. persons

B. companies

C. nationalised industries

D. all have contributed the same

Recent Answer : Added by Admin On 2022-09-30 19:16:22:

A. persons

Ques:- In India which of the following measures of money denotes the Broad Money?

A. M2

B. M3

C. M4

D. M5

Recent Answer : Added by Admin On 2022-11-13 15:15:18:

B. M3

Ques:- The most serious economic problems of India are

A. Unemployment, not poverty

B. Underdevelopment, not poverty

C. Stagnation, not poverty

D. Poverty and unemployment

Recent Answer : Added by Admin On 2022-09-30 19:17:49:

A. Unemployment, not poverty

Ques:- Full form of BCCI is

A. Bank of Central Cooperation International

B. Bank of Credit and Commerce International

C. Bank of Commerce and Cooperative International

D. None of these

Recent Answer : Added by Admin On 2022-09-30 19:20:08:

D. None of these

Ques:- The Headquarters of United Nations Industrial Development Organisation is at

A. Vienna

B. Rome

C. Geneva

D. Washington D.C

Recent Answer : Added by Admin On 2022-09-30 19:14:46:

A. Vienna

Ques:- GATT headquarters is located at

A. Hague

B. Washington

C. Paris

D. Geneva

Recent Answer : Added by Admin On 2022-09-30 19:29:25:

D. Geneva

Ques:- India has

A. Socialistic economy

B. Gandhian economy

C. Free economy

D. Mixed economy

Recent Answer : Added by Admin On 2022-11-15 16:36:55:

D. Mixed economy

Ques:- ISO -9000 certificate is a stringent quality control standard for electronic goods that is essential for any Indian exporter to compete in International markets. It is issued by the

A. British Standard Institution

B. Bureau of Indian Standards

C. U.N. Export Agency

D. None of these

Ques:- Which of the following organisations has recently rated India as the sixth largest economy in the world?

A. Asian Development Bank

B. European Economic Community

C. International Monetary Fund

D. World Bank

Recent Answer : Added by Admin On 2022-09-30 19:13:40:

C. International Monetary Fund

Ques:- India is more experiencing an annual rate of growth of prices which may be apply characterized as

A. Suppressed Inflation

B. Hyper Inflation

C. Normal Inflation

D. Stagflation

Recent Answer : Added by Admin On 2022-09-30 19:14:13:

B. Hyper Inflation

Ques:- The inflation experienced in the country at present is

A. unrealistic inflation

B. cost-push inflation

C. secondary inflation

D. galloping inflation

Recent Answer : Added by Admin On 2022-11-12 16:49:35:

B. cost-push inflation

Ques:- Indian farmers insurance against crop failure is the process of one of the major methods of risks coverage by Indian farmers in

A. Relay cropping

B. Mixed cropping

C. Dry farming

D. Relay cropping

Recent Answer : Added by Admin On 2022-11-12 17:08:52:

B. Mixed cropping

Ques:- In India since Independence

A. the gap between the rich and the poor has been bridged

B. the magnitude of unemployment has decreased

C. the rate if savings and investment have gone up

D. poverty has been reduced