Indian Economy Practice Question and Answer

Q:

Who gave priority to the Second Five Year Plan?

936 0

  • 1
    Agriculture
    Correct
    Wrong
  • 2
    Services
    Correct
    Wrong
  • 3
    Heavy Industries
    Correct
    Wrong
  • 4
    Foreign Trade
    Correct
    Wrong
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Answer : 3. "Heavy Industries"

Q:

Small farmers are defined in the country as those farmers who have holding area-

765 0

  • 1
    Less than one hectare
    Correct
    Wrong
  • 2
    One to two hectares
    Correct
    Wrong
  • 3
    two to three hectares
    Correct
    Wrong
  • 4
    three to four hectares
    Correct
    Wrong
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Answer : 2. "One to two hectares"

Q:

'Mumbai High' is related to?

960 0

  • 1
    Steel
    Correct
    Wrong
  • 2
    Petroleum
    Correct
    Wrong
  • 3
    Tomb
    Correct
    Wrong
  • 4
    Jute
    Correct
    Wrong
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Answer : 2. "Petroleum"

Q:

In which year fourteen major banks were nationalized in India?

820 0

  • 1
    1967
    Correct
    Wrong
  • 2
    1968
    Correct
    Wrong
  • 3
    1969
    Correct
    Wrong
  • 4
    1971
    Correct
    Wrong
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Answer : 3. "1969 "

Q:

The first oil refinery in India was established

854 0

  • 1
    Barauni
    Correct
    Wrong
  • 2
    Visakhapatnam
    Correct
    Wrong
  • 3
    Digboi
    Correct
    Wrong
  • 4
    Mumbai
    Correct
    Wrong
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Answer : 3. "Digboi"

Q:

In which the following is not directly controlled by RBI?

2400 0

  • 1
    Bank rate
    Correct
    Wrong
  • 2
    Repo rate
    Correct
    Wrong
  • 3
    Base rate
    Correct
    Wrong
  • 4
    Cash Reserve Ratio
    Correct
    Wrong
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Answer : 3. "Base rate "

Q:

‘COPRA’   is a_______

1261 0

  • 1
    Credit Rationing Scheme
    Correct
    Wrong
  • 2
    Mega city scheme
    Correct
    Wrong
  • 3
    Consumer protection Act
    Correct
    Wrong
  • 4
    Domestic Trade protection measure
    Correct
    Wrong
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Answer : 3. "Consumer protection Act "

Q:

How much maternity benefits will be given to the pregnant mothers under the National Food Security Bill?

1271 0

  • 1
    Rs. 5000/year
    Correct
    Wrong
  • 2
    Rs.3000/year
    Correct
    Wrong
  • 3
    Rs.6000/year
    Correct
    Wrong
  • 4
    Rs.4000/year
    Correct
    Wrong
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Answer : 3. "Rs.6000/year"

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