Economy One-Liners for various competitive examinations

Please follow and like us:
Pin Share



Economy One-Liners for various competitive examinations

Thank You for landing the Economy and Business section page.

Here are some important Economy one-liners for students competing for various exams

Watch some of the important Economy Bits below.

1- A few sellers, many buyers is the basic characteristic of Oligopoly.

2- In 1972 and 1973 respectively the cocking coals and non-cocking coal mines in India nationalized.

3-Minor ports like Kakinada, Machilipatnam, Bheemunipatnam, and Krishnapatnam are in Andhra Pradesh.

4- The fifth plans aimed at the removal of poverty and the attainment of self-reliance.

5-People belonging to 18-35 age group are eligible for training under TRYSEM scheme.

6-In terms of geographical area India occupies the seventh position in the world.

7-MS Swaminathan was the chief architect of Green Revolution that significantly improved the agricultural yield in the country.

8-The Mumbai Stock Exchange was set up in 1875.

9-TRYSEM was launched with the objective of helping the poor in rural areas to become self-employed.

10-Central Statistical Organization estimates the National Income in India.

11-NSDL stands for National Securities Depository Limited.

12-The Chota Nagpur Plateau famous for its mineral deposits is in Jharkhand.

13-V Kurien is known as the ‘Father of White Revolution.

14- Tea industry employs the largest number of women in India.

15-Maastricht Treaty provided for a common currency for the member countries of the European Community.

16- ‘Bulls and Bears’ are associated with the Stock Exchange market.

17-State Financial Corporations give assistance mainly to develop small and medium scale industries.

18-In the year 1952 was the policy of population planning adopted by the government of India.

19-The terms TRIPS and TRIMS are related to GATT.

20- In the year 1991 was the new liberalized industrial policy announced in India.

21-During the 3rd Five Year Plan, the annual growth rate of National Income was the lowest.

22-Chelliah Committee of 1992 deals with the overhauling of our tax system.

23- The value of goods and services produced in a country within a year is called gross national product at market prices.

24-In India, inflation is measured by national income deflation.

25-National income is the net domestic product at the market price.


Also, watch another article on Economy here

Watch Current Affairs section for here 

Please follow and like us:
Pin Share
(Visited 125 times, 1 visits today)

Leave a Comment