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Question Detail
First five year plan in India was from
- 1947 - 1952
- 1949 - 1954
- 1950 - 1955
- 1951 - 1956
Answer: Option D
1. What is FEMA ?
- First Exchange Management Act
- Foreign Exchequer Management Act
- Foreign Exchange Management Act
- Foreign Evaluation Management Act
Answer: Option C
Explanation:
FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973.
2. The first bank managed by Indians was ?
- Oudh Bank
- Punab National Bank
- Oriental Bank of Commerce
- State Bank of India
Answer: Option A
3. Life Insurance Corporation (LIC) of India was established in ?
- 1955
- 1956
- 1957
- 1958
Answer: Option B
Explanation:
Life Insurance Corporation (LIC) of India was established in September 1956.
4. Which five year plan is also known as "Gadgil Yojana" ?
- Second Five Year Plan
- Third Five Year Plan
- Fourth Five Year Plan
- Fifth Five Year Plan
Answer: Option C
5. The increase in oil seeds production was due to ?
- White revolution
- Yellow revolution
- Green revolution
- Brown revolution
Answer: Option B
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