Below we have published 10 Indian Economy GK Question with Answers helpful for competitive examinations. If you want to score maximum in your exam must solve each question sincerely and if you came across any new term, try to find more knowledge about it on internet to improve your knowledge.
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Indian Economy MCQs Test Paper -9
Q.1. Tarapore Committee was associated with _______.
(A) Special Economic Zones
(B) Fuller capital account convertibility
(C) Foreign exchange reserves
(D) Effect of oil-prices on the Indian economy
(E) None of these
(B) Fuller capital account convertibility
(C) Foreign exchange reserves
(D) Effect of oil-prices on the Indian economy
(E) None of these
Q.2. 'S' & 'P' 500 relate to ________?
(A) Supercomputer
(B) A new technique in e-business
(C) A new technique in bridge building
(D) An index of stocks of large companies
(E) None of these
(B) A new technique in e-business
(C) A new technique in bridge building
(D) An index of stocks of large companies
(E) None of these
Q.3. What is Green Gold?
(A) Tea
(B) Coffee
(C) Gold
(D) Rice
(E) None of these
(B) Coffee
(C) Gold
(D) Rice
(E) None of these
Q.4. Ad Valorem means ________.
(A) according to value
(B) according to weight
(C) according to size
(D) according to advertisement costs
(E) None of these
(B) according to weight
(C) according to size
(D) according to advertisement costs
(E) None of these
Q.5. World Bank is a body ________.
(A) of non-official, generous individuals
(B) that controls worldwide foreign exchange operations
(C) of major banks operating in different countries
(D) that gives aid to developing countries
(E) None of these
(B) that controls worldwide foreign exchange operations
(C) of major banks operating in different countries
(D) that gives aid to developing countries
(E) None of these
Q.6. Gadgil Formula refers to the allocation of _______
(A) market borrowings between the States
(B) Central Plan assistance between the States
(C) tax proceeds between the States
(D) foreign aid between the Centre and States
(E) None of these
(B) Central Plan assistance between the States
(C) tax proceeds between the States
(D) foreign aid between the Centre and States
(E) None of these
Q.7. The book 'Wealth of Nations' was written by?
(A) Eric Roll
(B) J.M. Keynes
(C) Adam Smith
(D) Harold Laski
(E) None of these
(B) J.M. Keynes
(C) Adam Smith
(D) Harold Laski
(E) None of these
Q.8. 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
(E) None of these
(B) Bank Fixed Deposit
(C) Kisan Vikas Patra
(D) Debenture of a Company
(E) None of these
Q.9. Ever greening of patents is done by _______.
(A) citing another use of the same product
(B) citing another process of forming the same product
(C) applying for extension of patent term
(D) citing another product with same use
(E) None of these
(B) citing another process of forming the same product
(C) applying for extension of patent term
(D) citing another product with same use
(E) None of these
Q.10. GDR means _______.
(A) 'gross domestic ratio' which is a macro aggregate
(B) 'global depository receipt' which is the mechanism to raise funds from international market
(C) 'global development range' which has been set up by UNO for developing countries
(D) 'geographically developed regions' as defined by the UNDP
(E) None of these
(B) 'global depository receipt' which is the mechanism to raise funds from international market
(C) 'global development range' which has been set up by UNO for developing countries
(D) 'geographically developed regions' as defined by the UNDP
(E) None of these
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