ECONOMY MCQS SET 120
1191) Which one of the following agencies of the Indian Government launched the Grameen Bhandaran Yojana?A) RBI
B) SEBI
C) NABARD
D) None of the above
Correct Answer: NABARD
1192) Which one of the following areas is related with the Grameen Bhandaran Yojana launched by Indian Government?
A) Construction of warehousing infrastructures
B) Construction of National Highways
C) To facilitate financial inclusion
D) None of the above
Correct Answer: Construction of warehousing infrastructures
1193) Which one of the following services of the Services sector in the Indian Economy contributed the highest percentage in the Gross Domestic Product at the Factor Cost in the last ten years?
A) Hotels and restaurants
B) Railways transport
C) Banking and insurance
D) Trade
Correct Answer: Trade
1194) India's rank in the World Service Output is
A) 13th
B) 15th
C) 21st
D) 10th
Correct Answer: 15th
1195) Consider the following statements
1. Tourism plays an important role in the country's foreign exchange earnings in the Indian economy.
2. Domestic tourism plays an important role than the foreign tourism in overall tourism development in the country.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Both 1 and 2
1196) Which one of the following countries has not been included in the Visa-on-Arrival scheme started along with the continuation of promotional efforts under the Incredible India Campaign by the Government of India for tourists?
A) Singapore
B) Finland
C) Japan
D) All of the above
Correct Answer: All of the above
1197) Consider the following statements
1. In India, imposition of taxes on the services as a separate services taxes has been started since independence.
2. BPO, ITeS and Software Products are only taxed by the Indian Government under Services Taxes.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Neither 1 nor 2
1198) Which one of the following is not a part of Services sector in India?
A) Transport
B) Construction
C) Hotels and restaurants
D) Insurance
Correct Answer: Construction
1199) Consider the following major components of the ITES industry
1. IT Services
2. Business Process Outsourcing (BPO)
3. Engineering Services and R&D
4. Software Products
Which of the statements given above are the major components of the ITES, Industry in India?
A) 1, 2, 3 and 4
B) 1, 2 and 3
C) 2, 3 and 4
D) 1 and 2
Correct Answer: 1, 2, 3 and 4
1200) Consider the following compounded annual growth rate of the major components of the Services sector in the Eleventh Five Year Plan
1. Software Products
2. Business Process Outsourcing (BPO)
3. Engineering Services
4. IT Services
Which of the following is the correct sequence (the highest to the least) of the compounded annual growth rate for the major component of the Services sector in the Eleventh Five Year Plan
A) 1, 2, 3, 4
B) 1, 3, 4, 2
C) 3, 2, 4, 1
D) 3, 2, 1, 4
Correct Answer: 3, 2, 1, 4
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