Indian Economy MCQ-212

Economy Questions for RRB,UPSC,NDA/NA,IASPrelims,KeralaPSC,RPSC Exams

Which of the following measures is not likely to help in improving India’s balance of payments position?


The currency Deutsche Mark belongs to:


Under perfect competition:


India earns maximum foreign exchange from the export of:


Bokaro Steel Limited was established with the assistance of:


As per the reports published in the newspapers the banks, particularly public sector banks are tying up with various rating agencies for providing a qualitative assessment of the credit needs of the borrowers. Which amongst the following is/are such credit rating agencies in India?


Consider the following statements:
1. The first newsprint plant set up in India was at Nepanagar.
2. The first modern steel plant in India was set up at Bhadrawati.

Which of these statements is/are correct?


Identify the correct sequence of the establishment of steel plants in India from the earliest to the latest:


The following is the list of four integrated steel plants in the country
1. Bhilai
4. Bokaro

Which of the following combinations lists all the plants in the public sector?


Which of the following statements regarding the iron and steel plants at Bhilai, Rourkela and Durgapur are correct?

1. These plants were established in public sector during the Second Five Year Plan
These are located in the steel raw material belt
These were established with the help from Britain, Soviet Union and West Germany respectively


Match the following:

A. Dutt Committee 1. Village and Small Scale Industries
B. Raj Committee 2. Direct Taxes
C. Wanchoo Committee 3. Agricultural Taxes
D. Karve Committee 4. Industrial Licensing



Consider the following statements:

1. The Ministry of External Affairs is in-charge of monetary policy in India.
2. The. Ministry of External Affairs is in-charge of foreign exchange rate determination in India.
3. The Ministry of Commerce puts forward the Export-Import Policy in India.
4. The Planning Commission prepares the Annual Budget of the Government

Which of the statements is/are correct?


”The Future of India” book is written by


Which of the following are the public sector undertakings of the Government of India?
1. Balmer Lawrie and Company Ltd.
2. Dredging Corporation of India
3. Educational Consultants of India Ltd.

Select the correct answer using the code given below


Which one among the following is not true for Special Economic Zones?


The biggest Public Sector undertaking in the country is __


With reference to India, which one of the following statements is NOT correct?


Consider the following statements:
1. NTPC is the largest power utility in India.
2. ONGC accounts for half of the LPG production in India.
3. Indian Oil Corporation operates all the oil refineries in India.
4. The Indian Ordnance Factory is the largest departmentally run industrial undertaking in the country.

Which of these statements is/are correct?


The headquarters of World Trade Organisation is in


Sickness of small units can be because of the factors:
1. under-utilisation of capacity
2. non-payment by the large firms
3. dependence on borrowed funds

4. lack of management expertise


Kudremukh Iron Ore project is in the state of


Match the following:

Aluminium Company –Location
A. BALCO 1.Hirakud
B. HINDALCO 2. Korba
C. Indian Aluminium Company 3. Koraput
D. NALCO 4. Renukoot



Match the following:


A. Balance of Payments and Foreign Investment
B. Public Sector Enterprises Autonomy
C. Small Scale Industries
D. Infrastructure Development

1. Rakesh Mohan
2. Arjun Sen Gupta
3. Rangarajan

4. Abid Hussain



”Sunrise Industries” are Industries:


The value of Gold is determined in