1000 Best Indian Economy MCQs
Q9). Which of the following steel plants was not built during the 2nd Five year plan?
a).Bhilai plant
b).Salem plant
c).Rourkela plant
d).Durgapur plant
Correct Answer:
Salem plant
Explanation:
Q10). Which among the following sponsors Regional Rural Banks(RRBs)?
a).National Commercial Banks
b).Foreign Banks
c).Reserve Bank of India
d).Co-operative Banks
Correct Answer:
National Commercial Banks
Explanation:
Q11). Which Public Sector Giant issued world’s first Indian green masala bond?
a).ONGC
b).NTPC
c).IOCL
d).CIL
Correct Answer:
NTPC
Explanation:
Q12). Consider the following statements about RBI’s 5:25 flexible structuring scheme: 1. The scheme envisages to reduce the Asset Liability Mismatch (ALM) of banks 2. The scheme is applicable only to projects in the Infrastructure and Core Industries sector Which of the above statements is/are correct?
a).1 Only
b).2 Only
c).Both 1 & 2
d).Neither 1 nor 2
Correct Answer:
Both 1 & 2
Explanation:
Q13). Who is the author of “Cow in Our Economy”?
a).Amartya Sen
b).P.C.Mehalonibis
c).J.C.Kumarappa
d).Kaushik Basu
Correct Answer:
J.C.Kumarappa
Explanation:
Q14). Which of the following is not the advantage of the Socialist Economy?
a).Equitable distribution of resources
b).Social development is possible
c).Government can take steps to focus on important sectors
d).There is Lack of Innovation
Correct Answer:
There is Lack of Innovation
Explanation:
Q15). The transformation of goods from the primary sector into economic goods is known as?
a).Input
b).Production
c).Output
d).Efficiency
Correct Answer:
Production
Explanation:
Q16). What is the % of the Illiterate population in India?
a).0.331
b).0.405
c).0.54
d).None of the above
Correct Answer:
None of the above
Explanation: