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 -7
Q.1. The first bank to be operated by Indians was _______.
A) State Bank Of India
B) Oudh Bank
C) Indian Bank
D) Imperial Bank of India
E) None of these
B) Oudh Bank
C) Indian Bank
D) Imperial Bank of India
E) None of these
Q.2. The difference between the GNP and the NNP is equal to ________.
A) Capital Depreciation
B) Direct tax revenue
C) Consumer expenditure on durable goods
D) Indirect Tax Revenue
E) None of these
B) Direct tax revenue
C) Consumer expenditure on durable goods
D) Indirect Tax Revenue
E) None of these
Q.3. NABARD was established in _______.
A) 1980
B) 2000
C) 1982
D) 1995
E) None of these
B) 2000
C) 1982
D) 1995
E) None of these
Q.4. Falta SEZ is located in_______ state.
A) Jammu & Kashmir
B) West Bengal
C) Kerla
D) Gujrat
E) None of these
B) West Bengal
C) Kerla
D) Gujrat
E) None of these
Q.5. The first Export Processing Zone in private sector was established at ________.
A) Chennai
B) Tamil Nadu
C) Surat
D) Mizoram
E) None of these
B) Tamil Nadu
C) Surat
D) Mizoram
E) None of these
Q.6. The Bank Rate Policy is a component of _______.
A) Direct control
B) Trade Policy
C) Fiscal policy
D) Monetary policy
E) None of these
B) Trade Policy
C) Fiscal policy
D) Monetary policy
E) None of these
Q.7. General Agreement on Tariffs and Trade (GATT) was absorbed to World Trade Organisation (WTO) in _______.
A) 2005
B) 2001
C) 1995
D) 1998
E) None of these
B) 2001
C) 1995
D) 1998
E) None of these
Q.8. Market in guilt-edged is related to _________.
A) Shares
B) Debentures
C) Government Securities
D) Metals
E) None of these
B) Debentures
C) Government Securities
D) Metals
E) None of these
Q.9. _______ country has left OPEC.
A) India
B) Indonesia
C) Pakistan
D) Saudi Arabia
E) None of these
B) Indonesia
C) Pakistan
D) Saudi Arabia
E) None of these
Q.10. _______ called the pioneer of liberalization of Indian Economy.
A) Dr. Bimal Jalan
B) Rajiv Gandhi
C) P Chidambaram
D) PV Narsimha Rao
E) None of these
B) Rajiv Gandhi
C) P Chidambaram
D) PV Narsimha Rao
E) None of these
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