MCQ on Indian Economy
NITI Aayog, which replaced the Planning commission of India, was formed by a cabinet resolution of the Government of Inda on:
- 1st January, 2015
- 26th January, 2015
- 15th August, 2015
- None of the above
Explanation:
"SEBI" stands for the:
- State Earnings Board of India
- Securities and Exchange Bank of India
- Securities and Exchange Board of India
- State Exchange Bank of India
Explanation: The Securities and Exchange Board of India was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India.
The Securities and Exchange Board of India was established as a statutory body in the year 1992
The period of high inflation and low economic growth is termed as:
- Stagnation
- Take-off stage in economy
- Stagflation
- Depression
Explanation:
Which of the following is not the part of non-statutory welfare measure ?
- Health
- Education
- Transport
- Employees compensation
Explanation:
Pradhan Mantri Jan Dhan Yojana was first announced by Hon'ble Prime Minister Modi on:
- 15th August, 2014
- 28th August, 2015
- 26th January, 2016
- None of the above
Explanation:
Assertion (A) :
The development programmes undertaken in India are oriented towards economic growth along with social justice.
Reason (R) :
Indian economy is afflicted with poverty, unemployment and inequalities.
Select the correct answer from the following options.
- Both (A) and (R) are correct, and (R) is the correct explanation for (A)
- Both (A) and (R) are correct, but (R) is not the correct explanation for (A)
- (A) is correct, but (R) is not correct
- (A) is not correct, but (R) is correct
Explanation:
Thename of Prasanta Chandra Mahalanobis is associated with:
- First Five-Year Plan
- Second Five-Year Plan
- Third Five-Year Plan
- Fourth Five-Year Plan
Explanation: Prof. Prasanta Chandra Mahalanobis is also known as the father of Indian Statistics, architect of the Second Five-Year Plan (1956–61).
In the context of Indias Five Year Plans a shift in the pattern of industrialisation with lower emphasis on heavy industries and more on infrastructure begin in:
- Fourth Plan
- Sixth Plan
- Eight Plan
- Tenth Plan
Explanation:
Who is the Chairman of the Fifteenth Finance Commission of India ?
- Anurag Thakur
- V. K. Singh
- R. Jain
- N. K. Singh
Explanation:
Which among the following in India has the function of recommending Minimum Support Prices for various commodities to the Government ?
- National Farmers Commission
- Commission for Agricultural Costs and Prices
- Central Statistical organization
- Department of Agriculture
Explanation: