Indian Economy Practice Question and Answer
8 Q: At present, what kind of unemployment problem remains a very serious problem in the country?
1417 05f62def583fe9a4cdd3adc98
5f62def583fe9a4cdd3adc98- 1Rural unemploymentfalse
- 2Urban unemploymentfalse
- 3Educated unemploymenttrue
- 4Open unemploymentfalse
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Answer : 3. "Educated unemployment "
Q: Who has the absolute right to issue paper note currency in India?
1415 060d30d9f64466567bd753e58
60d30d9f64466567bd753e58- 1Urban Co-operative Bankfalse
- 2Bank of Indiafalse
- 3Finance Commissionfalse
- 4Reserve Banktrue
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Answer : 4. "Reserve Bank"
Q: In which year did the Government of India set up the first mutual fund by an Act of Parliament?
1415 064c399c196ae1f484204f7eb
64c399c196ae1f484204f7eb- 11979false
- 21982false
- 31963true
- 41971false
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Answer : 3. "1963"
Explanation :
1. The mutual fund industry in India began in 1963 with the formation of UTI by an Act of Parliament in 1963 and functioned under the regulatory and administrative control of the Reserve Bank of India (RBI).
2. Unit Trust of India (UTI) was established by an Act of Parliament in 1963.
3. UTI is the first mutual fund company established in India.
Q: Where is the headquarters of International Organization for Standardization (ISO)?
1412 0603767ce24cd273bc4f512c8
603767ce24cd273bc4f512c8- 1Dhakafalse
- 2Genevatrue
- 3New Yorkfalse
- 4Londonfalse
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Answer : 2. "Geneva"
Q: Who gave priority to the Second Five Year Plan?
1411 05f9fc90033d1d86b9ab17635
5f9fc90033d1d86b9ab17635- 1Agriculturefalse
- 2Servicesfalse
- 3Heavy Industriestrue
- 4Foreign Tradefalse
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Answer : 3. "Heavy Industries"
Q: In a economy “Development Stage” means-
1410 0650aa44d7335765064543b6c
650aa44d7335765064543b6c- 1Starting of steadily increasing economytrue
- 2Bad economyfalse
- 3Economy is on the verge of destroyingfalse
- 4All tariff to be removed.false
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Answer : 1. "Starting of steadily increasing economy"
Explanation :
Explain: -In economy “development stage” means starting of steadily increasing economy
Q: 'Mumbai High' is related to?
1406 05f9fc4864a02db7b99b3175c
5f9fc4864a02db7b99b3175c- 1Steelfalse
- 2Petroleumtrue
- 3Tombfalse
- 4Jutefalse
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Answer : 2. "Petroleum"
Q: The Federal Reserve Bank is the central bank of which country?
1406 06088fccd9f98193d2deb2c2a
6088fccd9f98193d2deb2c2a- 1Americatrue
- 2Germanyfalse
- 3Francefalse
- 4Othersfalse
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