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Indian Economy Test 62

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Indian Economy Test 62
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Weekly Quiz Competition
  • Question 1
    1 / -0
    Consider the following about Expert Group for Revamp of Power Sector.
    $$1$$. The expert group headed by Planning Commission member (Energy) BK Chaturvedi.
    $$2$$. The group was entrusted with the responsibility to make an assessment of the cumulative losses of distribution utilities of seven major states, including Uttar Pradesh, Tamil Nadu and Rajasthan.
    Which of the statements given is/are true?
  • Question 2
    1 / -0
    Better Life Index is released by ______.
    Solution
    The mission of the Organisation for Economic Co-operation and Development (OECD) is to promote policies that will improve the economic and social well-being of people around the world. The Better Life Index by OECD is designed to let people visualise and compare some of the key factors like education, housing, environment, and so on that contribute to well-being in OECD countries. It’s an interactive tool that allows people to see how countries perform according to the importance they give to particular topics that make for a better life.
  • Question 3
    1 / -0
    Consider the following about National Knowledge Commission.
    $$1$$. The Prime Minister of India, Dr. Manmohan Singh, constituted the National Knowledge Commission.
    $$2$$. The commission was to recommend reform of the education sector, research labs, and intellectual property legislation.
    $$3$$. The NKC website was launched in February $$2006$$.
    Which of the statements given is/are true?
  • Question 4
    1 / -0
    In India, Special Economic Zones were established to enhance:
  • Question 5
    1 / -0
    Who was the head of the -10th Finance Commission?
  • Question 6
    1 / -0
    Ujjivan Small Finance Bank Ltd has been given scheduled bank status by RBI Headquarters of Ujjivan Small Finance Bank is located in which of the following city?
  • Question 7
    1 / -0
    Special Economic zones are ____________.
    Solution
    A special economic zone (SEZ) is an area in which business and trade laws differ from the rest of the country. SEZs are located within a country's national borders, and their aims include: increased trade increased investment, job creation and effective administration.
  • Question 8
    1 / -0
    Tick the correct option of GDP (Gross Domestic Product) contributed by service sector in the past:
  • Question 9
    1 / -0
    A company is said to be 'Sick' when the accumulated loss at the end of any financial year leads to erosion of___________ percent of its net wealth.
    Solution
    Industrial sickness is defined in India as " an industrial company (being a company registered for net less than five years) which has, at the end of any financial year, accumulated losses equal to, or exceeding, its entire net worth and has also suffered cash losses in such financial year and the financial year immediately preceding such financial year".
  • Question 10
    1 / -0
    Which of the following city has been named world's most liveable city for a record seventh year in a row, according to the Economist Intelligence Unit's Global Liveability Report 2017?
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