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Wednesday, June 3, 2020

ECONOMY MCQS SET 142

ECONOMY MCQS SET 142

1411) In which one of the following activities percentage of share of cooperative sector is the
highest?
A) Agricultural Credit disbursement
B) Sugar production
C) Wheat procurement
D) Fertilizer distribution
Correct Answer: Sugar production
   
1412) In India, which of the following is regulated by the Forward Markets Commission?
A) Currency Futures Trading
B) Commodities Futures Trading
C) Equity Futures Trading
D) Both Commodities Futures and Financial Futures Trading
Correct Answer: Commodities Futures Trading
   
1413) Which of the following is/are commodity/leg on which subsidy is given to farmers/poor in India?
(A) Fertilizer
(B) Kerosene
(C) LPG
A) Only A
B) Only B
C) Only C
D) Only A & B
Correct Answer: Only A & B
   
1414) A person returning from abroad can retain foreign currency up to what period?
A) 60 days
B) 30 days
C) 90 days
D) 180 days
Correct Answer: 90 days
   
1415) Which one of the following is different from the others from the point of view of ownership?
A) LIC Policy
B) Bank Fixed Deposit
C) Kisan Vikas Patra
D) Debenture of a Company
Correct Answer: LIC Policy

1416) The main source of fund for the National Highway Authority of India is
A) Cess
B) Foreign assistance
C) Market borrowings
D) Budgetary support Government of Union
Correct Answer: Cess
   
1417) More than one-third of the crude steel production of the world comes from
A) China
B) Japan
C) Russia
D) U.S.A.
Correct Answer: China
   
1418) Which one of the following categories of workers is termed as cultivators?
A) Those who own land and cultivate
B) Those who lease in land and cultivate
C) Those who cultivate the land of others
D) Those who own land and lease in from others or institutions and cultivate
Correct Answer: Those who cultivate the land of others
   
1419) Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are:
1. Credit facilities
2. Savings facilities
3. Insurance facilities
4. Fund Transfer facilities
Select the correct answer using the codes given below the lists:
A) 1 only
B) 1 and 4 only
C) 2 and 3 only
D) 1,2, 3 and 4
Correct Answer: 1,2, 3 and 4
   
1420) India is regarded as a country with “Demographic Dividend". This is due to
A) Its high population in the age group below 15 years
B) Its high population in the age group of 1564 years
C) Its high population in the age group above 65 years
D) Its high total population
Correct Answer: Its high population in the age group of 1564 years
 

1421) Which bank was set up on the recommendation of Shivaraman Committtee?
A) RBI
B) SBI
C) NABARD
D) IDBI Bank
Correct Answer: NABARD
   
1422) Arundahati Bhattacharya is the first woman Chairperson of:
A) RBI
B) SBI
C) EXIM Bank
D) ICICI
Correct Answer: SBI
   
1423) Who among the following introduced the concept of service tax in India?
A) P. Chidambaram
B) Manmohan Singh
C) Indira Gandhi
D) P.V. Narashimahrao
Correct Answer: Manmohan Singh

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