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Indian Economy Model Test 15 in English
Indian Economy Model Test Questions 15 in English With Answer
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Question 1 |
Which one of the state government is launched Ama Gaon, Ama Vikas programme?
Bihar | |
Kerala | |
Odisha | |
Tamil Nadu |
Question 2 |
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is ranked as the world largest public works programme by
Reserve Bank of India (RBI) | |
International Monetary Fund (IMF) | |
World Bank | |
International Bank for Rural Development (IBRD) |
Question 3 |
Which of the following companies acquired Myntra, and Indian e-commerce firm?
Flipkart | |
Facebook | |
Amazon | |
Google |
Question 4 |
Match the following information relating to agricultural and give your answer using the codes:
- Amber Box 1. Aggregate measure of domestic support
- Blue Box 2. Direct payment under production limiting programme
- Green Box 3. Govt. assistance and direct payment to producers like safety nets etcs
1 2 3 | |
1 3 2 | |
3 2 1 | |
3 1 2 |
Question 5 |
Which of the following is/are not Navratna status Central Public Sector undertakings?
- ONGC 2. IOCL 3. BHEL 4. HAL
2 and 3 | |
3 and 4 | |
2, 3 and 4 | |
1, 2 and 3 |
Question 6 |
Chronologically arrange the following economists based on their study on rural poor in India.
- Planning Commission expert group
- Mantex Singh Ahluwalia
- P.K. Baradhan
- V.M. Dandekar
I, IV, III, II | |
I, III, IV, II | |
III, II,IV, I | |
IV, IIII, II, I |
Question 7 |
Population stabilization can be achieved by:
- Care of infant mortality
- Safe motherhood
- Reduction of malnutrition
- Increasing contraception
II and IV | |
II and III | |
II, III and IV | |
I, II, III and IV |
Question 8 |
Main deficiencies in the implementation of NHRM are:
- Inadequate healthcare infrastructure
- Absence of Need-based fund allocation
- Absence of proper social audit
- Role of ASHA is hampered
I and II correct | |
II and III correct | |
I, II and IV correct | |
II, III and IV correct |
Question 9 |
Crop Insurance was introduced by the Government of India in the year
1980 | |
1985 | |
1983 | |
1986 |
Question 10 |
Which state in India has largest number of poultry population?
Andhra Pradesh | |
West Bengal | |
Odisa | |
Tamil Nadu |
Question 11 |
Where, the first Residential School for the Transgenders was established in India?
Delhi | |
Chennai | |
Mumbai | |
Kochi |
Question 12 |
Which year the National Food Security Act 2013 was implemented in Tamil Nadu State?
2016 | |
2017 | |
2014 | |
2013 |
Question 13 |
Which of the following Union Ministeries has introduced the Janani Sewa Scheme?
Ministry of Finance | |
Ministry of Home | |
Ministry of Coal | |
Ministry of Railway |
Question 14 |
Which state in India is the first to establish virtual class rooms?
Kerala | |
Tamil nadu | |
Andhra | |
Karnataka |
Question 15 |
14th Finance Commission Recommended the distribution of central tax revenue to the states was _______ percentage.
42 | |
40 | |
39 | |
43 |
Question 16 |
Consider the following statements:
- During the first half of the 19th century while Western countries were experiencing Industrialization. India suffered a period of Industrial decline.
- India’s traditional handicraft industry decayed beyond recovery.
Both (A) and (B) are true | |
(A) is true and (B) is false | |
Only (A) is true | |
Only (B) is true |
Question 17 |
Who is the winner of Nobel Prize for Economics in the year 2014?
Amertia Sen | |
J.M. Keynes | |
Jean Tirole | |
M.N. Roy |
Question 18 |
The small Industries Development Bank of India(SIDBI) was set up on
2nd April 1990 | |
2nd April 1991 | |
2nd April 1992 | |
2nd April 1993 |
Question 19 |
The Reserve Bank of India was nationalised in the year
1948 | |
1949 | |
1950 | |
1951 |
Question 20 |
Per capita income can be calculated by
National Income ÷ Population | |
National Income – Population | |
National Income + Population | |
National Income x Population |
Question 21 |
In which position is India ranked in Global Hunger Index (GHI) 2016?
97th | |
109th | |
29th | |
72nd |
Question 22 |
The comon of Taxation was given by
Prof. Adam Smith | |
Prof. Shirras | |
Prof. Musgrave | |
Prof. Pigou |
Question 23 |
Match the following and choose the correct option:
- List I List II
- Gogamukh 1. All India Institute of Medical Sciences
- Changsari 2. Oil terminal
- Bhilar 3. Indian Agricultural Research Institute
- Motihari 4. Book Village
2 1 4 3 | |
3 4 1 2 | |
3 1 4 2 | |
4 3 1 2 |
Question 24 |
Which of the following instrument is not a part or Reserve Bank of India’s monetary policy?
REPO rate | |
. Bank rate | |
Cash reserve ratio | |
Statutory Liquidity Requirements |
Question 25 |
Approach to 11th five year plan document titled “towards faster and more inclusive growth” was approved by
National development council | |
Planning commission | |
Finance commission | |
Ministry of agriculture |
Question 26 |
The National development council was constituted on
August 16, 1950 | |
April 1, 1951 | |
August 6, 1952 | |
August 16, 1952 |
Question 27 |
Bank linkage programme for self help group in Tamil Nadu was launched in
1992 | |
1982 | |
1991 | |
2000 |
Question 28 |
The present public distribution system in India is not based on the principle of
Universal Provisionings | |
Targeted groups | |
Subsidized prices | |
Fixed entitlement |
Question 29 |
Which distroct in Tamil Nadu has the lowest literacy rate?
Kanniakumari | |
Dharmapuri | |
Krishnagiri | |
Thanjavur |
Question 30 |
Which of the following is not an indicator of Human development?
Life Expectancy | |
Education | |
Percapita income | |
Poverty |
Question 31 |
Who gave the slogan “Ecology is permanent economy”?
M.S. Swaminathan | |
Sunderlal Bahuguna | |
Gaura Devi | |
Chandi Prasad Bhatt |
Question 32 |
Mahakali treaty on sharing river water is between
India – Bangaladesh | |
India – Bhutan | |
India – Nepal | |
India – China |
Question 33 |
Identify the state whose population density is higher than the average population density of India
Goa | |
Maharastra | |
Odisha | |
Madhya Pradesh |
Question 34 |
The 2011 population census of India is the
12th census | |
13th census | |
15th census | |
16th census |
Question 35 |
The Chairman of the 15th Finance Commission
N.K. Singh | |
Y.V. Reddy | |
Urjit Patel | |
Rangarajan |
Question 36 |
Second Green Revolution strategy was adopted during the
11th five year plan | |
12th five year plan | |
10th five year plan | |
9th five year plan |
Question 37 |
Tendulkar report (December 2009) says that 37.2 percent of the Indian population lives below the poverty line
i.e. every sixth Indian lives in poverty | |
i.e. every fifth Indian lives in poverty | |
i.e. every fourth Indian lives in poverty | |
i.e. every third Indian lives in poverty |
Question 38 |
The tax on import and export is known as
Income Tax | |
Trade Tax | |
Custom Duty | |
Excise Duty |
Question 39 |
Special Drawing Rights was created by
IBRD | |
ADBADB | |
IMFIMF | |
WTO |
Question 40 |
India signed the Dunkel proposal in
1986 | |
1990 | |
1993 | |
1994 |
Question 41 |
Industrial Finance corporation of India (IFCI) was established in the year
1946 | |
1947 | |
1948 | |
1949 |
Question 42 |
Frictional unemployment exists
When there is a decrease in real GDP | |
because it takes time to find a job when one is first entering labour force | |
As a result of technological change | |
When an individual retiresWhen an individual retires |
Question 43 |
The objective of Swa-Shakti Project is
Socio- economic development of Women | |
Training to women | |
Financial Assistance to Old persons | |
Provide rights to Women |
Question 44 |
The key measure of inflation adopted by the Reserve Bank of India currently is
The General Price Index | |
Wholesale Price Index | |
Retail Price Index | |
Consumer Price Index |
Question 45 |
DAY-NRLM scheme related with
Poverty Alleviation | |
Old Age Pension | |
Urban Housing | |
Infrastructure |
Question 46 |
The recently published 2017 new novel by writer Salman Rushdie is
Two years Eight months and Twenty Eight Nights | |
Shalimar the clown | |
Shalimar the clown | |
The Golden House |
Question 47 |
Which metro rail project is filled as the world’s largest metro project under a public private partnership?
Madras Metro Rail | |
Kolkatta Metro Rail | |
Hyderabad Metro Rail | |
Mumbai Metro Rail |
Question 48 |
Which operation has been initiated by the Income Tax Department (ITD) to track deposits post demonetisation?
Operation Clean Money | |
Operation Safe Money | |
Operation Close Money | |
Operation Cloud Money |
Question 49 |
The outlines of second five year plan was made by
B.N. Gadgil | |
V.K. R.V. Rao | |
P.C. Mahalanobis | |
C.N. Vakil |
Question 50 |
The NDC decided to launch a programme to incentive the states to increase the share to investment in agricultural in their state plans. This programme is called as
RKVY | |
PMGY | |
CDB | |
MIDH |
Question 51 |
In India the level the consumer expenditure is desirable which secure a diet adaptation at least in terms of calories is said by
Dr. Minhas | |
P.K. Bardhan | |
Dandekar and Rath | |
V.K. R.V. Rao and Asok Mitra |
Question 52 |
Re-cently CSO has changed the base year for National income estimates. The new base year is
1993-1994 | |
1994-1995 | |
1999-2000 | |
2004-2005 |
Question 53 |
The Government of TamilNadu has introduced an insurance scheme for life saving treatments for the families having an annual income of less than
Rs. 15, 000 | |
Rs. 24, 000 | |
Rs. 25,000 | |
Rs. 20,000 |
Question 54 |
The National Afforestation and Eco-Development Board was set up in India on
August 1990 | |
August 1991 | |
August 1992 | |
August 1993 |
Question 55 |
What is the percentage of net irrigated area in India under tank irrigation?
14-15% | |
10-12% | |
13-14% | |
14-16% |
Question 56 |
The father of white revolution in India
M.S. Swaminathan | |
Verghese Kurian | |
C. Subramaniam | |
Hargobind Khurana |
Question 57 |
The million wells scheme was launched in the year
1988-89 | |
1990-91 | |
1991-92 | |
1993-94 |
Question 58 |
Which year the National Mental Health Programme was started in India?
1980 | |
1981 | |
1982 | |
1983 |
Question 59 |
Family planning programme is implemented by which Government of India?
Central Government with full financial assistance of WHO | |
Central Government with partial finance assistance of WHO | |
State Government with full financial assistance of WHO | |
State Government with full financial assistance of Central Government |
Question 60 |
Govt. has recently allowed 100% FDI in many strategic sectors. Which of the following sectors has not been opened up?
Space | |
Refinery | |
e-Commerce | |
Power |
Question 61 |
Muskmelon, Watermelon, Vegetables, Cucumber, Moong etc., are growing during March to June in India. It is called as
Kharif Crop | |
Rabi Crop | |
Zaid Crop | |
Horti Crop |
Question 62 |
Selling equity shares of public sector enterprises refers to
Bull market | |
Exchange of shares | |
Disinvestment | |
Open market operations |
Question 63 |
In calculating the country’s GNP at market prices which one of the following is not included?
subsidies | |
wages and salaries before tax | |
indirect taxes | |
depreciation allowance |
Question 64 |
National Small Industries Corporation (NSIC) was established in the year
1950 | |
1955 | |
1960 | |
1965 |
Question 65 |
The basic aim of economic planning in India is promoting
economic development | |
increasing national income | |
economic growth | |
increasing employment opportunities |
Question 66 |
The tobacco industry is one of the oldest industries of India; belongs to
Agro based and labour intensive | |
Agro based and capital intensive | |
Technology based and capital intensive | |
(B) and (C) are correct |
Question 67 |
Match the following with their established year and choose the correct option:
- Chittaranjan locomotive works 1. 1986
- Rail coach factory 2. 1984
- Integral coach factory 3. 1947
- Rail wheel factory 4. 1952
2 3 1 4 | |
3 1 4 2 | |
3 4 1 2 | |
2 1 4 3 |
Question 68 |
C + I + G + (X – M) formula is used to calculate
GDP- Gross Domestic Product | |
NNP – Net National Product | |
PI – Personal Income | |
GNP – Gross National Product |
Question 69 |
Match the following
- Initiatives for women empowerment Purpose
- Rashtriya Mahila Kosh 1. Women in villages and slum work in Angan-Wadi centres
- Swadhar 2. Upgrade skills of poor and assetless women
- Training and employment 3. Credit facilities to women programme for women
- Indira Mahila Yojana 4. Address to the need of women in difficult circumstances
2 3 1 4 | |
3 4 1 2 | |
1 2 4 3 | |
4 1 3 2 |
Question 70 |
According to National Telecom Policy 2012 (NTO-2012) increase in rural tele-density by the year 2017 will be
70% | |
100% | |
75% | |
50% |
Question 71 |
Using the under optical fibre cable, the project “Bay of Bengal Gateway” (BBG) connects which two countries?
Andaman and Nicobar Islands and Chennai | |
India and Srilanka | |
Malaysia and Oman | |
Malaysia and Middle East Countries |
Question 72 |
Tax is charged on some items which are manufactured in the country. This is collected by the Government of India. This Tax is
Direct Tax | |
Indirect Tax | |
Excise Duty | |
Service Tax |
Question 73 |
Cultivable lands which have not been ploughed for between one and five years are called as
Culturable waste | |
Current failows | |
Other fallows | |
Permanent fallows |
Question 74 |
_______ marked the beginning of census taking in India.
The Year 1862 | |
The year 1872 | |
The year 1882 | |
The year 1892 |
Question 75 |
The MRTP Act, 1969 has been repealed and replaced by the competition Act, 2002 with effect from
2002 | |
2009 | |
2013 | |
2016 |
Question 76 |
The basic objective of Gandhian plan brought out by S.N. Agarwala was
Agricultural development | |
Growth of cottage and village industries | |
To achieve equality | |
To raise the material as well as the cultural level of Indian masses |
Question 77 |
The last Deputy Chairman of Planning Commission of India was
Manmohan Singh | |
Narendra Modi | |
Arun Jaitley | |
Montek Singh Ahluwalia |
Question 78 |
Which of the following statements are correct with regard to Tamil Nadu ‘Pudhu Vaazhuvu Project’?
- It was launched in 2005
- It is aided by World Bank
- The total outlay is Rs. 1,667 crores
- It is being implemented in 26 districts
All are correct statements | |
I, II, III are correct | |
II, III, IV are correct | |
I, II and IV are correct |
Question 79 |
What percentage of total cultivation area in Tamilnadu is rainfed (Manavari)?
55% | |
57% | |
54% | |
52% |
Question 80 |
Which one of the following changes was not called by the Gandhian model and growth in the Indian Planning System?
To replace production oriented planning with employment oriented planning | |
To replace employment oriented planning with the production oriented planning | |
It is in favour of small scale and cottage industries | |
It is against large scale industries producing consumer goods |
Question 81 |
Which one of the following is the objecetive plan 2023?
Create Employment Opportunity | |
Digital Technology | |
Award | |
Reward |
Question 82 |
Which of the following objective regarding Skill India Mission is incorrect?
Its objective is to achieve skilling of the youth across the country | |
its aim is to remove financial constrains in accessing skil training prpgrammes | |
Under the mission, loans from Rs. 50,000 to 1.5lakhs will be available to more than 34 lakh Youth of India | |
The tagline of this mission is Kaushal Bharat |
Question 83 |
Which one of the following is not correctly matched?
Varishtha Pension Bima Yojan - Social security for old age | |
Pravasi Karshal Vikas Yojana - Seeking employment in abroad | |
PM Fasal Bima Yojana - Insurance coverage to farmers | |
PM Gram Sadak Yojana - Empowerment of rural women |
Question 84 |
When BSE’s sensex has reached its maximum 30,000- mark for the first time in the history?
26 December 2016 | |
26 January 2017 | |
26 April 2017 | |
26 May 2017 |
Question 85 |
The population density of India is
357.8/km2 | |
345.7/km2 | |
364.9/km2 | |
374.9/km2 |
Question 86 |
Bilateral trade means
Trade between two countries | |
Trade between two or three countries | |
Trade between two or Four countries | |
Trade between many countries |
Question 87 |
Jawahar Gram Samridhi Yojana is a programme to eliminate
Production | |
Population | |
Unemployment | |
Poverty |
Question 88 |
Which Five Year Plan aimed at improving the quality of life of the common man?
Fifth Five Year Plan | |
Sixth Five Year Plan | |
Seventh Five Year Plan | |
Eighth Five Year Plan |
Question 89 |
Which is the backbone of the Indian economy?
Market | |
Agriculture | |
Service | |
Industry |
Question 90 |
Doctors, Teachers, Bank staff and Transport workers come under
service sector | |
Primary sector | |
Industrial sector | |
agricultural sector |
Question 91 |
According to 2001 census, the literacy rate in India is
64.8% | |
46.8% | |
86.4% | |
68.4% |
Question 92 |
Who classified the public goods as a social wants and merit wants?
Prof. Musgrave | |
Prof. Shirras | |
Prof. Seligman | |
Prof. Adam Smith |
Question 93 |
What is NIPFP?
National Institute of Public Finance and Policy | |
National Investment of Public Finance and Policy | |
National Insurance of Public Finance and PolicyNational Insurance of Public Finance and Policy | |
National Industrial Public Finance and Policy |
Question 94 |
Under the following which one is not the method of meaning National income?
Income Method | |
Expenditure method | |
Product method | |
Circular flow of Income method |
Question 95 |
Match List I with list II correctly and select the correct choice.
- List I List II
- P.N. Rosentin Rodan 1. Father of India Green Revolution
- M.S. Swaminathan 2. Big push
- Disguised unemployment 3. HDI
- UNDP 4. Agriculture
1 2 3 4 | |
2 1 4 3 | |
3 4 2 1 | |
4 3 1 2 |
Question 96 |
The Area Aadmi Bima Yojana was launched in India in
October 2005 | |
October 2006 | |
October 2007 | |
October 2008 |
Question 97 |
NSIC means
National Small Industries Corporation | |
National Service Industries Corporation | |
National Savings Industries Corporation | |
National State Industries Corporation |
Question 98 |
According to the Educational census of 2011 the overall male literacy rate of Tamil Nadu stood at
86.8 percent | |
80.3 percent | |
73.9 percent | |
81.2 percent |
Question 99 |
Under the following which one is correct answer? Blue box subsidies are:
Spent in Govt. services such as research | |
Direct payments made to farmers | |
Spent for fisheries | |
Child labour Act |
Question 100 |
The first stage of the strategy related to Intensive Agricultural Direct Programme was started in
1951-52 | |
1960-61 | |
1965-66 | |
1990-91 |
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