1000 Best Indian Economy MCQs
Q201). Non Tax revenues can be increased by improving the working of the
a).State Road Transport Corporations
b).electricity boards
c).commercial irrigation projects
d).All of the above
Correct Answer:
commercial irrigation projects
Explanation:
Q202). The central co-operative banks are in direct touch with
a).farmers
b).state co-operative banks
c).land development banks
d).central government
Correct Answer:
state co-operative banks
Explanation:
Q203). Which of the following is not an undertaking under the administrative control of Ministry of Railways?
a).Container Corporation of India Limited
b).Konkan Railway Corporation Limited
c).Indian Railways Construction Company Limited
d).Diesel Locomotive Works, Varanasi
Correct Answer:
Indian Railways Construction Company Limited
Explanation:
Q204). Gross domestic capital formation is defined as
a).flow of expenditure devoted to increased or maintaining of the capital stock
b).expenditure incurred on physical assets only
c).production exceeding demand
d).net addition to stock after depreciation
Correct Answer:
net addition to stock after depreciation
Explanation:
Q205). How many banks were nationalized in 1969?
a).16
b).14
c).15
d).20
Correct Answer:
14
Explanation:
Q206). Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to
a).ARDC
b).SBI
c).NABARD
d).PACs
Correct Answer:
NABARD
Explanation:
Q207). The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
a).1984
b).1986
c).1987
d).1989
Correct Answer:
1987
Explanation:
Q208). Depreciation means
a).closure of a plant due to lock out
b).closure of a plant due to labour trouble
c).loss of equipment over time due to wear and tear
d).destruction of a plant in a fire accident
Correct Answer:
loss of equipment over time due to wear and tear
Explanation: