GK Quiz on Indian Economy Set XII

03-FEB-2016 17:54

    GK Team of Jagran Josh is providing you a set of 10 MCQs on Indian Economy from different topics. These questions are very much relevant to the recent trends of different competitive exams.

    1. Which round of discussion replaced the GATT by World Trade Organisation (WTO)?

    (a) Doha round of discussion

    (b) Geneva round of discussion

    (c) Washington round of discussion

    (d) Uruguay round of discussion

    2. Which of the following is not correct?

    (a) The Headquarter of European Union is in Brussels.

    (b) ASEAN was established in 1976

    (c) The head quarter of SAARC is in Kathmandu

    (d) NAFTA was established in 1992

    3. Which of the following country is not the permanent member of ASEAN?

    (a) Indonesia

    (b) Philippines

    (c) Brunei

    (d) China

    4. Where is the Headquarter of OPEC?

    (a) Austria

    (b) Tehran

    (c) Vienna

    (d) Brussels

    5. Which of the following statement is true?

    (a) OPEC was established in 1969.

    (b) The Headquarter of Asian Development Bank is in Malaysia.

    (c) India is the founder member of ASEM.

    (d) Brazil is the member of MERCOSUR.

    6. What is the export target of India’s new Foreign Trade Policy (2015-20)?

    (a) $ 450 bn

    (b) $ 800 bn

    (c) $ 900 bn

    (d) $ 325 bn

    7. Where will be the Headquarter of the BRICS Bank?

    (a) New Delhi

    (b) Rio de janeiro

    (c) Pretoria

    (d) Shanghai

    8. TRIFED was developed for the:

    (a) The development of forest covers in the country.

    (b) To save the interests of the Tribal from the exploitation of private traders

    (c) To promote the marketing of all the horticulture products

    (d) None of these

    9. Consider the following statements and identify the right ones.

    i. The ISOPOM was introduced in 2004.

    ii. Under this scheme, crop diversification is possible as states are given flexibility in implementation.

    (a) i only

    (b) ii only

    (c) Both

    (d) None

    10. Consider the following statements and identify the right ones.

    i. The Ministry of Agriculture implements the National Horticulture Mission

    ii. All the states are covered under the NHM

    (a) i only

    (b) ii only

    (c) Both

    (d) None

    Question

    Answer

    1

    d

    2

    b

    3

    d

    4

    c

    5

    d

    6

    c

    7

    d

    8

    b

    9

    c

    10

    a

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