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