GK Quiz on Indian Economy Set X

Dear Students, Jagran Josh is providing you a set of 10 MCQs on Indian Economy from different topics. Our team has gone through the previous year’s paper to know the current trend of the competitive exams. So these are very relevant questions. Now attempt these questions and evaluate yourself.
Created On: Jan 28, 2016 12:56 IST
Modified On: Feb 1, 2016 10:34 IST

Dear Students, Jagran Josh is providing you a set of 10 MCQs on Indian Economy from different topics. Our team has gone through the previous year’s paper to know the current trend of the competitive exams. So these are very relevant questions. Now attempt these questions and evaluate yourself.

1. Which of the following is NOT called fibre crop?

(a) Jute

(b) Cotton

(c) Mesta

(d) Tobacco

2. SEBI is a

(a) Statutory body

(b) Advisory body

(c) Constitutional body

(d) Non-statutory body

3. Which of the following is known as narrow money?

(a) M1

(b) M2

(c) M3

(d) M4

4. Who is the Chairman of NDC?

(a) Finance Minister

(b) Prime Minister

(c) Planning Minister

(d) Lok Sabha Speaker

5. The base year of present Consumer Price Index (CPI) for industrial labourers is

(a) 1980

(b) 1981

(c) 1991

(d) 2011-12

6. Note issuing department of RBI should always possess the minimum gold stock of worth:

(a) Rs. 85 crores

(b) Rs. 115 crores

(c) Rs. 200 crores

(d) None of these

7. Economic Planning is in

(a) Union List

(b) State List

(c) Concurrent List

(d) Not any specified list

8. The main aim of fifth five year plan was

(a) Poverty elimination

(b) Self reliance

(c) Both (a) and (b)

(d) None of the above

9. Which of the following is a direct tax?

(a) Sales Tax

(b) Excise Duty

(c) Custom Duty

(d) None of these

10. Which pair is not correct?

(a) I Plan - (1951-56)

(b) III Plan - (1966-71)

(c) VI Plan - (1980-85)

(d) X Plan- (2002-2007)

Question

Answer

1

d

2

a

3

a

4

b

5

d

6

b

7

c

8

c

9

d

10

b

Dear Students, Jagran Josh is providing you a set of 10 MCQs on Indian Economy from different topics. Our team has gone through the previous year’s paper to know the current trend of the competitive exams. So these are very relevant questions. Now attempt these questions and evaluate yourself.
1. Which of the following is NOT called fibre crop?
(a) Jute
(b) Cotton
(c) Mesta
(d) Tobacco
2. SEBI is a
(a) Statutory body
(b) Advisory body
(c) Constitutional body
(d) Non-statutory body
3. Which of the following is known as narrow money?
(a) M1     
(b) M2
(c) M3     
(d) M4
4. Who is the Chairman of NDC?
(a) Finance Minister
(b) Prime Minister
(c) Planning Minister
(d) Lok Sabha Speaker
5. The base year of present Consumer Price Index (CPI) for industrial labourers is
(a) 1980     
(b) 1981
(c) 1991     
(d) 2011-12
6. Note issuing department of RBI should always possess the minimum gold stock of worth:
(a) Rs. 85 crores
(b) Rs. 115 crores
(c) Rs. 200 crores
(d) None of these
7. Economic Planning is in
(a) Union List     
(b) State List
(c) Concurrent List
(d) Not any specified list
8. The main aim of fifth five year plan was
(a) Poverty elimination
(b) Self reliance
(c) Both (a) and (b)
(d) None of the above
9. Which of the following is a direct tax?
(a) Sales Tax     
(b) Excise Duty
(c) Custom Duty     
(d) None of these
10. Which pair is not correct?
(a) I Plan - (1951-56)
(b) III Plan - (1966-71)
(c) VI Plan - (1980-85)
(d) X Plan- (2002-2007)

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