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Economy One-Liners for various competitive examinations
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Here are some important Economy one-liners for students competing for various exams
Watch some of the important Economy Bits below.
1- In which year Mid Day Meal Scheme was launched?
1- August 15, 1996.
2- August 15, 1998.
3- August 15, 1995.
4- August 15, 2000.
2-Name the person who gave a call for Evergreen Revolution.
1-Verghese Kurien.
2- M.S Swaminathan.
3- H. M. Dalaya.
4- Tribhuvandas Patel.
3- Under whose Chairmanship, the Planning Commission constituted a high-level committee for financial sector reforms in August 2007?
1- Raghuram G. Rajan
2- Bimal Jalan
3- K.V. Kamath
4- None of these.
4- The term black revolution in India implies-
1- Self-dependence in the production of lubricants.
2- Self-dependence in the production of petroleum crude oil
3-Self-dependence in the production of coal.
4- Nurturing the Black Soil.
5- In India, the Agriculture sector generates the largest employment. The second sector after Agriculture is?
1-Telecommunication sector
2-Chemical Sector
3- Iron and Steel Sector.
4- Textile Sector.
6- The meaning of Gilt-edged market is-
1- Market of government securities
2- Market of guns
3- Bullion market
4- Market of pure metals.
7- The meaning of Depreciation is
1- The destruction of a plant in a fire accident.
2- The closure of a plant due to labour trouble.
3- The closure of a plant due to a lockout.
4- The loss of equipment over time due to wear and tear.
8- The ARDC was merged into this on July 12, 1982.
1- RBI.
2- NABARD.
3- EXIM Bank.
4- None of the above.
9-In which year, the first wholly Indian Bank was set up?
1- 1894
2- 1794
3- 1902
4- 1896.
10- Which among the following means States earn maximum revenue?
1- Custom Revenue
2- Land Revenue
3- Excise duties on intoxicants.
4- Commercial taxes.
11- Excise duty is a tax that is levied on which among the following?
1-Export of goods
2- Import of goods
3- Sale of goods
4- Production of goods.
12-In Deficit Financing, the government borrows from which among the following means?
1- Big businessmen.
2- Local Bodies.
3- IMF.
4- RBI.
13- The Co-operative Credit Societies have a
1- Five-tier structure.
2- Four-tier structure.
3- Three-tier structure.
4- Two-tier structure.
14- In which year, the Board of Industrial and Financial Reconstruction( BIFR), came into existence?
1- 1989
2- 1987.
3- 1986.
4- 1985.
15- In which year, the RBI was nationalized?
1- 1945.
2- 1846.
3- 1947.
4- 1949.
ANSWERS-
1- August 15, 1995.
2- M.S Swaminathan.
3-Raghuram G. Rajan
4-Self-dependence in the production of petroleum crude oil
5-Textile Sector.
6- Market of government securities.
7-The loss of equipment over time due to wear and tear
8-NABARD.
9-1894
10-Commercial taxes
11-Production of goods
12- RBI.
13-Three-tier structure.
14-1987
15- 1949.
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