Indian Economy Questions

Q:

Which of the following is NOT one of the core areas identified under the Bharat Nirman Programme

A) Irrigation B) Rural Electrification
C) Rural Housing D) Computer Education in schools
 
Answer & Explanation Answer: D) Computer Education in schools

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Q:

Which one of the following is an abiotic and renewable resource

A) Iron ore B) Livestock
C) Water D) Forests
 
Answer & Explanation Answer: C) Water

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Q:

Which one of the following pairs is correctly matched

A) West Bengal - Highest density of population B) Himachal Pradesh - Highest sex ratio
C) Uttar Pradesh - Highest percentage of Scheduled Castes population D) Nagaland - Highest percentage of Scheduled Tribes population
 
Answer & Explanation Answer: A) West Bengal - Highest density of population

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Q:

Which one of the following is not an instrument of Fiscal policy?

A) Open Market Operations B) Taxation
C) Public borrowing D) Public expenditure
 
Answer & Explanation Answer: A) Open Market Operations

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Exam Prep: Bank Exams

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Q:

Open market operation is a part of

A) Debit Policy B) Deposit Policy
C) Credit Policy D) None of above
 
Answer & Explanation Answer: C) Credit Policy

Explanation:

Open market operations (OMO) refer to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system.

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Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

4 3304
Q:

Excise duty is a tax levied on the

A) Export of goods B) Import of goods
C) sale of goods D) Production of goods
 
Answer & Explanation Answer: D) Production of goods

Explanation:

An excise or excise tax or excise duty is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). It is a tax on the production of a good. This tax is now known as the Central Value Added Tax (CENVAT).

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Q:

Which one of the following is the central theme of the Chipko Movement, started by Sunderlal Bahuguna in 1973

A) Conservation of river water B) Conservation of forests
C) Protection of birds D) Protection of cheetals
 
Answer & Explanation Answer: B) Conservation of forests

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Q:

As per Census 2001, among the following hill states of India, which one has the highest literacy rate

A) Arunachal Pradesh B) Himachal Pradesh
C) Sikkim D) Uttarakhand
 
Answer & Explanation Answer: B) Himachal Pradesh

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