Economy
1- The core sector of Indian economy is Iron and Steel
2-The Chairman of Planning Commission is ‘The Prime Minister’.
3-‘Poverty Line’ means – The minimum level of per capita consumer expenditure
4-The ‘Big Push’ strategy was adopted for development of India’s- Second Plan
5-The oldest large scale industry in India is Cotton Textile
6-National Rural Development Institute is situated at Hyderabad
7-National Income estimates in India is prepared by C.S.O.
8-Dalal street is situated at Mumbai
9-The value of Gold is determined in London
10-Diamond cutting is undertaken as a cottage industry in Gujarat
11-The former name of State Bank of India was Imperial Bank of India
12-Consumer Protection Act (CORPA) was implemented in 1986
13-RBI was nationalised on 1949
14- IDA is known as Soft loan window of World Bank
15-Foreign currency which has a tendency of quick migration is called ‘Hot currency’.
16-The New Symbol of Indian Rupee is a blend of Devanagiri Ra and Roman
17-The bank which has the highest number of branches in the world is State Bank of India
18-The former name of Reserve Bank of India was Central Bank of India
19-MRTP Act was implemented in 1970
20-Corporate Tax is imposed by Central Government.