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 Indian Economy Questions

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Q:

The exercise of converting the financial outlays into physical outcomes, with fixed quarterly measurable and monitorable target is called

A) Outcome budget B) Estimated budget
C) Expenditure estimate D) None of these
 
Answer & Explanation Answer: A) Outcome budget

Explanation:
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Q:

Which of the following is / are fund managers for National Pension System (NPS) in 2017 ?

A) Axis provident fund B) Yes bank pension fund
C) ICICI prudential pension D) Punjab National provident fund
 
Answer & Explanation Answer: C) ICICI prudential pension

Explanation:

At present in 2017, there are only seven NPS fund managers viz. HDFC Pension Fund, ICICI Prudential Pension, Kotak Pension Fund, LIC Pension Fund,  Reliance Capital Pension, SBI Pension Fund and UTI Retirement Solutions.

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Q:

Which country has recently become fifth largest military spender  ?

A) India B) Japan
C) China D) Russia
 
Answer & Explanation Answer: A) India

Explanation:

1. India's military expenditure grew around 8.5 percent in 2016, making it the world's fifth largest spender at $55.9 billion, figures released by the Stockholm International Peace Research Institute (SIPRI).

2. As per the figures, the US remains the world's largest military spender registering a growth of 1.7 percent between 2015 and 2016 to $611 billion.

3. China is second and Russia is on the third position in the list.

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Q:

India Ratings has lowered India's growth forecast for the current fiscal to ________ from 7.4 per cent.

A) 6.3 per cent B) 6.6 per cent
C) 6.7 per cent D) 6.4 per cent
 
Answer & Explanation Answer: C) 6.7 per cent

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15 3744
Q:

The money which Government of India spends on the development of infrastructure in country comes from which of the following sources?

I. Loan from world Bank/ADB etc

II. Taxes collected  from the people 

III. Loan from RBI

A) only I B) only II
C) only III D) All I,II and III
 
Answer & Explanation Answer: D) All I,II and III

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0 3694
Q:

Should the parents inIndia in future be forced to opt for one child against the 2 or many at present?

  1. Yes.This the only way to check the ver increasin population of India
  2. No.This type of pressure tactic is not adopted by any other country in the world

A) Only 1 is true B) Only 2 is true
C) Either 1 or 2 is true D) Neither 1 nor 2 is true
 
Answer & Explanation Answer: A) Only 1 is true

Explanation:

Clearly adoptindg such a policy help to regulate the population gowth,which inturn will facilitate the proper growth of economy and optimum utilization of country resources.

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Q:

Which State of India has the largest area

A) Uttar Pradesh B) Madhya Pradesh
C) Maharashtra D) Rajasthan
 
Answer & Explanation Answer: D) Rajasthan

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Q:

Which plan gave emphasis on removal of poverty for the first time

A) Fourth B) Fifth
C) Sixth D) Seventh
 
Answer & Explanation Answer: B) Fifth

Explanation:
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