Indian Economy Quiz : Gk Questions For RRB NTPC SSC CGL And SSC CHSL Exams
1.The
bonded labour system (abolition)act was legislated in?
A)
1974
B)
1976
C)
1977
D)
1978
Answer: B
2. In
which of the following years was the food corporation of india (FCI)set up?
A)
1955
B)
1960
C)
1965
D)
1970
Answer: C
3. National
agricultural insurance scheme replace comprehensive crop insurance scheme was
introduced?
A)
1997
B)
1998
C)
1999
D)
2000
Answer: C
4. An
objective of the national food security mission is to increase the production
of certain crops through area expansion and productivity enhancement in a
sustainable manner in the identified districts of the country. What are those
crops?
A)
Rice
and wheat only
B)
Rice,
wheat and pulses only
C)
Rice,
wheat, pulses and oil seeds only
D)
Rice,
wheat, pulses, oil seeds and vegetables
Answer: B
5. In
India, which of the following have the highest share in the disbursement of
credit to agriculture and allied activities?
A)
Commercial
banks
B)
Co-operative
banks
C)
Regional
rural banks
D)
Microfinance
institutions
Answer: A
6. Which
of the following is the chief characteristic of mixed farming?
A)
Cultivation
of both cash crops and food crops
B)
Cultivation
of two or more crops in the same field
C)
Rearing
of animals and cultivation of crops together
D)
None
of these
Answer: C
7.Which
country/ countries started privatization of state owned enterprises as a major
state policy?
A)
U.K.
under Mrs. Margret Thatcher
B)
Russia
in the C.I.S
C)
Mexico/argentina/brazil
D)
Italy/france/malaysia
Answer: A
8.One
of the objectives of industrial licensing policy in India was to ensure?
A)
Creation
of adequate employment opportunities
B)
Free
flow of foreign capital in Indian industries
C)
Use
of modern technology
D)
Balanced
industrial development across regions
Answer: D
9. Why
did the supreme court, in their judgment of September, 2003, hold that privatization
of HPCL and BPCL was not permissible?
A)
Due
process of law for disinvestment had not been followed
B)
It
is against the interest of the capital asset in the form of their employees
C)
It
had not been recommended by the disinvestment commission
D)
It
is in conflict with the statutes that created HPCL and BPCL
Answer: D
10.Which
of the following is NOT an immediate indicator of industrial sickness?
A)
Drop
in profitability
B)
Labor
unrest
C)
Shrinking
of market credit
D)
Decline
in market share
Answer: D
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Indian Economy Quiz : Gk Questions For RRB NTPC SSC CGL And SSC CHSL Exams
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