Which of the following sectors has the highest arithmetic weighted mean in the Industrial Production Index?
(A) Steel
(B) Refinery products
(C) Coal
(D) Cement
Explanation: The arithmetic weighted mean of petroleum refinery production is the highest (28.04%) among the eight major sectors of the economy. The arithmetic weighted mean of eight major industries included in the Industrial Production Index is 40.27.
Which country is currently sending the largest share of FDI inflows to India?
(A) Singapore
(B) Mauritius
(C) USA
(D) China
Explanation: The contribution of FDI sending countries to India in the period April 2000 – September 2017 is as follows; Mauritius-(34%), Singapore-(17%), UK-(7%), Japan-(7%) and USA-(6%).
Which of the following sectors has attracted the highest FDI in India during the period April 2000 – June 2017?
(A) Service area
(B) Telecommunication sector
(C) Computer Software and Hardware
(D) Medicine and pharmaceuticals
Explanation: The sectors attracting highest FDI in the period April 2000 – June 2017 are as follows;
1. Service Sector (17%)
2. Telecom (8%)
3. Computer Software and Hardware (8%)
4. Construction Development (7%)
5. Automobile (5%)
6. Drugs and Pharmaceuticals (4%)
7. Chemicals (4%)
8. Trading (4%)
9. Power (3%)
10.Construction activities (3%)
Which is the largest item imported into India from April 2017 to November 2017?
(A) Petroleum oil and allied products
(B) Chemicals and related products
(C) Gems and jewelery
(D) Electronic goods
Explanation: Petroleum oil and allied products contribute the most to India's total imports and are responsible for about 22% of India's total imports. After this comes capital goods which are responsible for 19.2% of total imports.
Who has the Department of Animal Husbandry and Dairying, Government of India, signed an agreement for vaccine cold chain management?
(A) UNDP
(B) Tata Group
(C) WHO
(D) World Bank
Department of Animal Husbandry and Dairying (DAHD), Ministry of Fisheries, Animal Husbandry and Dairying, has signed an MoU with United Nations Development Program (UNDP), India for digitalization of vaccine cold chain management, capacity building and communication scheme.
The market in which loan of money can be obtained is called:
(A) Reserve market
(B) Institutional market
(C) Money market
(D) Exchange Market
The money market is an organized exchange market where participants can borrow short-term, high-quality debt securities with an average maturity of one year or less.
According to newspaper reports, what percentage of the government's stake in Rashtriya Ispat Nigam Limited (RINL) will be disinvested?
(A) 5%
(B) 50%
(C) 10%
(D) 12%
Rashtriya Ispat Nigam Limited (RINL) filed a draft prospectus with market regulator SEBI for Initial Public Offering (IPO) on September 23, 2014. Under which the government will sell 10% shares of its participation in this company to the company. The government aims to raise Rs 43,425 crore by disinvestment in PSU companies.
Which of the following methods is not used in determining the national income of a country?
(A) Income method
(B) Output method
(C) Input method
(D) Investment method
The correct option is capital method.
Current fiscal deficit percentage to GDP is:
(A) 7
(B) 4
(C) 8
(D) 1
The fiscal deficit target for FY 2022-23 was set at 6.4 per cent of GDP, which was 0.4 percentage points lower than the actual estimate for FY 2021-22 (6.8 per cent of GDP). The fiscal deficit was estimated at 6.4 percent of GDP in the revised estimate 2022-23.
What is the base year for calculating national income in India?
(A) 2004-05
(B) 2009-10
(C) 2014-15
(D) 2011-12
Explanation: The Ministry of Statistics and Program Implementation has changed the base year for calculating national income from 2004-05 to 2011-12. This was changed in January 2010.
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