Class Room Daily Dose Booklet: DDB No: IE 01 Answers and Explanations

 

MAGME SCHOOL OF BANKING 

Class Room - Daily Dose Booklet
 DDB NO: IE 01

Indian Economy

Answers

 

1    B. Imperative
2    A. Ministry of finance
3    D. Pulses
4    A. Gold ETFs
5    A. Gold ETFs
6    C. Prime Minister
7    D. Finance Secretary
8    D. Petroleum products
9    C. Rusia
10    B. China
11    D. 1952
12    B. 1966
13    D. All the above
14    C. 3.5%
15    B. M. Visvesvaraya
16    D. National Institution for Transforming India
17    C. MRTP Act
18    A. Textiles
19    C. RBI – Long term Loans
20    C. Open economies with trade liberalization
21    D. Faster sustainable and more inclusive growth.
22    C. Mixed Economy
23    B. There is co-existence of public sector along with private sector.
24    C. Prime Minister
25    C. Holds the rank of cabinet ministry.
26    A. Industrialization
27    A. One year
28    D. 1978-83
29    D. Development of agriculture
30    B. Private sector
31    D. Directive principles of state policy.
32    A. Concurrent list
33    B. Decreasing
34    C. Jawaharlal Nehru
35    B. Morarji Desai
36    A. Fourth five year plan
37    D. Jawaharlal Nehru
38    C. 3rd Plan
39    D. Minimum possible restrictions on economic relation with other countries
40    D. 1952
41    C. Steady growth begins
42    D. Neither exports nor imports
43    B. It is not defined in Indian Constitution.
44    D. Commercial banking
45    A. After the draught of 1966
46    C. Creating utility
47    D. Capitalist economy
48    A. Foreign Exchange Reglation Act
49    C. Foreign Exchange Management Act
50    B. Multinational Corporations
51    D. 1991
52    C. International Monetary Fund
53    C. Producing imported good domestically
54    B. Foreign Direct investment
55    D. All the above
56    A. MNC
57    B. Study of population
58    A. Morality rate
59    D. Population size in a specifies area
60    D. 121 crores
61    D. 940 females per 1000 males
62    C. Kerala
63    C. Number of literate persons to total population
64    B. 74.04%
65    A. Density of population
66    C. Morality rate
67    C. National Population Policy
68    D. All the above
69    D. 70%
70    C. 53.66% of GDP
71    C. Construction of a dam
72    C. Closed economy
73    B. Developing country
74    A. Primary
75    B. 32.5%
76    B. Kerala
77    A. Poor
78    A. 1084
79    A. 913
80    A. Seasonal
81    D. ISO
82    A. Agricultural sector
83    C. 9.4
84    B. 134
85    A. 1.9%
86    B. 18%
87    D. All the above
88    A. Punjab
89    C. Tea
90    A. Price Distribution system
91    A. 1975
92    A. 1951
93    A. Industry
94    C. 1909
95    A. 1st
96    A. Outward booking strategy
97    B. Non-Tariff barrier
98    B. Swaminathan
99    B. Maize
100    B. Net Indirect Tax
101    B. Frictional unemployment
102    D. Disguised
103    B. Lack of effective demand
104    D. Unemployment due to economic reason
105    B. Poverty in terms of basic minimum calorie requirements
106    A. Different between poverty line and actual income level
107    B. Structural unemployment
108    B. Income inequality
109    A. Tertiary sector
110    A. All final goods and services
111    C. Its gross production
112    C. August 15,1995
113    A. NABARD
114    A. 1794
115    A. M. N. Roy
116    A. Physical Planning
117    B. Change it allocation every year.
118    C. August 1, 1951
119    B. 1975
120    B. 2nd five year plan
121    c. low per capita income
122    d. profit
123    b. national income
124    c. National Income /Population
125    d. 1980
126    c. (A) is true but (R) is false
127    a. Foreign Exchange Regulation Act
128    b. allocation of resources
129    d. 20
130    a. Tax
131    c. Dr. Narasimha
132    d. making tillers as the owners of the soil
133    b.6%
134    b. 1997 – 2002
135    d. the Eighth Five Year Plan
136    c. total of factor incomes
137    b. CIPKO
138    d. Rubber
139    a. 1951
140    c. Fourth Five Year Plan
141    a. First
142    b. Both (A) and (R) are true and (R) is not the correct explanation of (A)
143    a. one-rupee note
144    a. Reserve Bank of India
145    c. nominal account
146    b. informal communication
147    b. brand
148    a. brand loyalty
149    c. 2, 3, 4, 1
150    d. All are correct
151    a. debited
152    d. all these
153    c. (A) is true but (R) is false
154    c. unaccounted money
155    a. Rajah J.Chelliah Committee report
156    a. patent right
157    c. Villages
158    a. 1997-2002
159    a. Public welfare investment
160    b. 1949
161    d. Surplus satisfaction
162    a. Kandla port
163    b. 1992
164    a. leather and leather goods
165    c. 1954
166    c. 1969-74
167    c. I,II and III are correct
168    d. 3, 4, 1, 2
169    c. reserve capital
170    d. Quorum
171    d. Amalgamation
172    b. a person leaving India
173    d. a statement prepared to find out the causes for difference between bank column of cash book and pass book
174    c. current assets minus current liabilities
175    b. entry for two aspects of the transaction
176    c. Machinery Account
177    c. company
178    b. Certificate of incorporation
179    a. Both (A) and (R) are true and (R) is the correct explanation of (A)
180    d. Aims of Co-operative – Each one for every body and everyone for each
181    a. 2, 1, 4, 3
182    c. 18 months of incorporation
183    d. Minutes
184    b. unlimited
185    b. Intangible Assets
186    b. Creditors
187    b. 1948
188    c. Rs. 1 Crore
189    b. Foreign Exchange Management Act
190    c. Sales Tax