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Indian Economy Revision-2

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Launching of Sansad Adarsh Gram Yojna is related to the:

a)

Vallabh Bhai Patel

b)

Deen Dayal Upadhyay

c)

Mahatma Gandhi

d)

Jai Prakash Narayan

2.

Jawahar Gram Samriddhi Yojna was launched on:

a)

1999

b)

2001

c)

1996

d)

1995

3.

“TRYSEM” a Programme made for the:

a)

Employment to Rural youths

b)

Employment to Urban youths

c)

Development of nutrition intake in the food of poor of the country

d)

Providing road connectivity to the villages.

4.

When was NITI Aayog established?

a)

1 January 2015

b)

25 January 2016

c)

14 May 2014

d)

1 July 2015

5.

What is the type of Indian economy?

a)

Socialist

b)

communist

c)

Capitalist

d)

Mixed

6.

Who was the author of the Book 'Planned Economy of India'?

a)

M. Visvesvaraya

b)

Dada Bhai Nairobi

c)

Bhim Rao Ambedkar

d)

Jawaharlal Nehru

7.

Which of the following is known as the Paper Gold?

a)

US Dollar

b)

Pound

c)

Demand draft

d)

Special Drawing Right

8.

Where is the headquarter of the WTO?

a)

New York

b)

Washington DC

c)

Geneva

d)

Austria

9.

Which of the followings are called Brettonwoods Twins?

a)

IMF & International Bank for Reconstruction and Development (IBRD)

b)

IMF & World Trade Organisation

c)

IBRD & World Trade Organisation

10.

Which index is used to calculate inflation in India?

a)

Wholesale Price Index

b)

GDP deflator

c)

Productive Price Index

d)

Commodity Price Index

11.

Who releases the Wholesale Price Index figures?

a)

Ministry of Statistics and Program Implementation

b)

Ministry of Home Affairs

c)

Ministry of Finance

d)

Ministry of Commerce and Industry

12.

Who was the first Chairman of the National Development Council?

a)

Jawaharlal Nehru

b)

Ballabh Bhai Patel

c)

Doctor Rajendra Prasad

d)

Gandhi

13.

Who wrote the book "How to pay for Money"?

a)

Amartya Sen

b)

Adam Smith

c)

Karl Marx

d)

Professor Keynes

14.

.What is called "Blue Chip"?

a)

Companies which are run by large corporate houses

b)

A company, whose share always provides profit

c)

A multinational company

d)

A company which is listed on a foreign stock exchange

15.

When was Nifty established?

a)

1952

b)

1965

c)

1991

d)

1996

16.

Which Ministry is responsible for calculating GDP in India?

a)

Ministry of Finance

b)

Ministry of Commerce and Industry

c)

Ministry of Central Statistical and Program Implementation

d)

Ministry of consumer Affairs

17.

Which state of India currently has the highest Per Capita Income?

a)

Goa

b)

Delhi

c)

Maharashtra

d)

Punjab

18.

Which Indian state gives highest income tax collection to the Government of India?

a)

Uttar Pradesh

b)

Kerala

c)

Maharashtra

d)

Goa

19.

Which of the following states has the highest population growth rate?

a)

West Bengal

b)

Uttar Pradesh

c)

Maharashtra

d)

Uttarakhand

20.

Which of the following tax will be abolished by the Goods and Services Tax

a)

Property tax

b)

Corporation tax

c)

VAT

21.

What is called Tax heaven?

a)

A country which gives tax exemptions to the foreign citizens that there will be no tax on investing the money in their country.

b)

Subsidy given by the government in taxes

c)

Tax evasion in the domestic country

d)

To impose equal taxes on domestic producers and foreign producers

22.

Which of the following Yojna gave nominal premium and highest ever compensation in case of crop loss?

a)

PM Fasal Bima Yojna

b)

PM Krishi Sinchai Yojna

c)

Shyama Prasad Mukherji Rurban Mission

d)

Pramaparagat Krishi Vikas Yojna

23.

Service Tax to be exempted on general insurance schemes under which scheme:

a)

Companies Amendment Bill

b)

Shyama Prasad Mukherji Rurban Mission

c)

Customer Act

d)

NIRMAYA Scheme

24.

Which Bill was proposed to be passing to solve problems in infrastructure contracts, PPP and Public Utilities?

a)

Skill Development Programme

b)

Companies Amendment Bill

c)

Public Utility Resolution of Disputes Bill

d)

Goods & Services Tax

25.

Which of the following is related to the Operation Green’ mission?

a)

Production of tomato, onion and potatoes

b)

Production of tomato, chili and potatoes

c)

Production of pulses, onion and potatoes

d)

Production of tomato, pulses and rice