Indian Economy Questions Answers Online Quiz Test

• 1. When was new rupee symbol was selected by Union Cabinet ?

  1. July 10, 2010
  2. July 15, 2010
  3. July 10, 2011
  4. July 15, 2011

• 2. Who was the winner of new Rupee symbol contest ?

  1. S Ravi Chandra
  2. Vijay Singh
  3. Anil Agnihotri
  4. D Udaya Kumar

• 3. Sales Tax is

  1. Direct Tax
  2. Indirect Tax
  3. Tax imposed by central government
  4. Tax imposed by state government

• 4. Which industry is the largest ?

  1. Handloom
  2. Sports
  3. Music
  4. Textile

• 5. Abid Husain Committee is related to ?

  1. Reform in taxes
  2. Reform in government projects
  3. Reform in small industries
  4. Reform in middle level industries

• 6. Iron and steel industry started in India in the year ?

  1. 1855
  2. 1860
  3. 1865
  4. 1870

• 7. India is largest producer of Sponge Iron in the world ?

  1. True
  2. False

• 8. What is FEMA ?

  1. First Exchange Management Act
  2. Foreign Exchequer Management Act
  3. Foreign Exchange Management Act
  4. Foreign Evaluation Management Act

• 9. International Monetary Fund (IMF) was established on :

  1. 25 September, 1944
  2. 27 December, 1944
  3. 25 September, 1945
  4. 27 December, 1945

• 10. On which position India is, if we talk about production of vegetables ?

  1. First
  2. Second
  3. Third
  4. Fourth

• 11. India stands first in production of pulses ?

  1. True
  2. False

• 12. Who has given "Big Push Theory" ?

  1. R. Rodan
  2. Jack Hamilton
  3. Amritya Sen
  4. Dr. Abhishek Mathur

• 13. What is Autarchy ?

  1. Gradual increase of economy.
  2. Gradual decline of economy.
  3. Self sufficiency and self reliance of economy.
  4. Dependence of economy on external factors.

• 14. Balance sheet shows

  1. Assets
  2. Liabilities
  3. Both assets and liabilities
  4. Neither of them

• 15. "Blue sky laws" is a term used for laws which are :

  1. Only for personal interest of a political party.
  2. Which cheaters can use to fraud public.
  3. Which are there to protect public from securities frauds.
  4. Which are created in hurry.

• 16. What is term Hot Money used for ?

  1. black money
  2. white money
  3. a money which is hard to come but easy to go
  4. a money which comes easily and goes easily too

• 17. Who fixes the poverty line ?

  1. Governement
  2. Lok sabha
  3. Rajya sabha
  4. Planning Commision

• 18. Who have written the book "Capital and Growth" ?

  1. A. R. Rodon
  2. Hicks
  3. Adam Smith
  4. Marshall

• 19. The first bank managed by Indians was ?

  1. Oudh Bank
  2. Punab National Bank
  3. Oriental Bank of Commerce
  4. State Bank of India

• 20. Which is major rubber producing state in India ?

  1. West Bengal
  2. Gujrat
  3. Uttar Pradesh
  4. Kerala