Indian Economy Test 15

Result

Indian Economy Test 15

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Weekly Quiz Competition

Question 1
1 / -0

Which one of the following committees recommended to establish the National Bank for Agriculture and Rural Development (NABARD) in India?

A
Narsimham Committee

B
Chakrovarti Committee

C
Abhijit Sen Committee

D
Shivaraman Committee
Question 2
1 / -0

Consider the following statements
1. The NTPC was incorporated in November, 1975 and is a Navratna company.
2. NTPC Limited is the single largest power generator of India.
3. NTPC accounts for $$28.60\%$$ of the entire electricity generated in the country.
Find the correct code from below

A
1, 2

B
2, 3

C
1, 3

D
1, 2 and 3
Question 3
1 / -0

Indian agriculture is typically characterised as

A
land surplus and labour scarce economy

B
land surplus and labour surplus economy

C
land scarce and labour surplus economy

D
land scarce and labour scarce economy
Question 4
1 / -0

Where was the electricity supply first introduced in India?

A
Kolkata

B
Chennai

C
Mumbai

D
Darjeeling
Question 5
1 / -0

Which of the following brings out the Consumer Price Index Number for Industrial Workers?

A
The Reserve Bank of India

B
The Department of Economic Affairs

C
The Labour Bureau

D
The Department of Personnel and Training
Question 6
1 / -0

Consider the following statements
1. MMTC limited is India's largest international trading organisation.
2. Neelanchal Ispat Ningam Limited has been set up by MMTC jointly with the Government of Odisha.
Which of the statements given above is/are correct?

A
Only 1

B
Only 2

C
Both 1 and 2

D
Neither 1 nor 2
Question 7
1 / -0

Which one of the following is the correct sequence of economic sectors in terms of their contribution to the GDP of India in decreasing order?

A
Service-Industry-Agriculture

B
Agriculture- Industry-Service

C
Industry-Service-Agriculture

D
Agriculture-Service-Industry
Question 8
1 / -0

Which of the following is not a feature of New Industrial Policy, 1991 ?

A
Foreign Capital Investment limit was raised from 40% to 51%.

B
The threshold limit of Rs 100 crores worth of assets for classification of a company as MRTP company was removed.

C
Automatic approval was granted for foreign technology agreements upto the limit of Rs 500 crore subject to 7% loyalty on domestic sales and 8% on exports.

D
A separate policy announced for the promotion of small scale industries.
Question 9
1 / -0

Which of the following costs is related to Marginal cost?

A
Fixed cost

B
Implicit cost

C
Prime cost

D
Variable cost
Question 10
1 / -0

World Investment Report is published by which of the following?

A
WEF

B
WTO

C
GATT

D
UNCTAD

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Question Analysis

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Re-Attempt Weekly Quiz Competition

Indian Economy Test 15

Result

Indian Economy Test 15

Score

-

Rank

-

SHARING IS CARING

Question 1

Narsimham Committee

Chakrovarti Committee

Abhijit Sen Committee

Shivaraman Committee

Question 2

1, 2

2, 3

1, 3

1, 2 and 3

Question 3

land surplus and labour scarce economy

land surplus and labour surplus economy

land scarce and labour surplus economy

land scarce and labour scarce economy

Question 4

Kolkata

Chennai

Mumbai

Darjeeling

Question 5

The Reserve Bank of India

The Department of Economic Affairs

The Labour Bureau

The Department of Personnel and Training

Question 6

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Question 7

Service-Industry-Agriculture

Agriculture- Industry-Service

Industry-Service-Agriculture

Agriculture-Service-Industry

Question 8

Foreign Capital Investment limit was raised from 40% to 51%.

The threshold limit of Rs 100 crores worth of assets for classification of a company as MRTP company was removed.

Automatic approval was granted for foreign technology agreements upto the limit of Rs 500 crore subject to 7% loyalty on domestic sales and 8% on exports.

A separate policy announced for the promotion of small scale industries.

Question 9

Fixed cost

Implicit cost

Prime cost

Variable cost

Question 10

WEF

WTO

GATT

UNCTAD

User

Question Analysis

My Perfomance

Score

-

Rank

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