Indian Economy GK questions answers for SSC Exam 2018

Indian Economy Questions and Answers for Competitive Exams

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1. Difference between GNP and NHP equals: --- Depriciation of Capital


2. The public sector steel plant that was setup in the third plan period was: ---Bokaro Steel Plant


3. The enterprise which has been given the status of standard exportpromotion council by the Government of India is : ---Khadi and Rural Industry Commission


4. The Insurance Company of the country which completed its 100 years in 2006 is: ---National Insurance Company


5. The hall – marking on the jewellery will be essential from the year ? --- 2008


6. The first public sector enterprise of India which has been given CII Exim Award is: ---Bharat Heavy Electricals Limited


7. The country to become the 150^th member of the World Trade Organization on January 11, 2007 is : ---Vietnam


8. A unified bond is created for corporate bonds by BSE which has started working from : ---January 1 , 2007


9. The Planning Comission has proposed to create a separate fund in annual budget for certain classes , namely :---Scheduled Caste and Tribes


10. Chairman of National Commission on Farmers is :---28:72


11. CSO has changed the base year for national income estimates the new year is: ---1999-2000


12. Consistency Compatibility and Credibility is the tall claim of which bank? ---Oriental Bank of Commerce


13. The base year of the present Wholesale Price Index (WPI) is:    ---1993-94


14. NABARD was established on the recommendation of: ---Shivaraman Committee


15. SEBI was established in ---April 12 1988


16. RBI was nationalized in : ---1949


17. Which plan was suspended one year before the time schedule ?  ---   Fifth Plan (1974-79)


18. Expanden form of term LIBOR is :   ---London Inter Bank fered Rate


19. Which bank in March2006 opened branch office at Shenzhen (China) ? ---Bank of India


20. Which Stock Exchange has completed 213 years of its existence ?The exchange has recently sold part of its holding ot public ? --Yew York Stock Exchange


21. What is ‘OTCEI’? ---An Indian Share Market (Over the Counter Exchange Of India Mumbai)


22. India Green Revolution has been most successful in : ---Wheat and rice


23. Who is the Chairman of NDC ? ---Prime Mimister


24. Which company is providing mobile service with name ‘cell-one’ to the consumers ---BSNL


25. What is ‘OTCEL’ ? ---An Indian Share Market


26. CAPART is related with :   ---Assing and evaluating rural welfare programmes


27. The only two areas reserved for the public sector in NIP in 1991 after recent amendments are :---Atomic energy and railway transport


28. The significant change in the new FEMA which has replaced FERA is that the emphasis from imprisonment will be shifted to: ---Monetary punishment


29. What percentage of the total work force are the workers in the organised sector in India ?  ---8%


30. Bank rate refers to : ---The rate at which banks re discount bills with RBI

31. According to the Chakravarthy Committee, one of the principal causes affecting price stability in India is : ---Violent fluctuation in agricultural production


32. GNP is different from GDP as the former includes :---Net income from abroad


33. What is the percentage of India’s population to the world population? ---16%


34. Which year is known ‘Year of the Great Divide’ with regard to population growth in India? ---1921


35. The birth rate measures the number of births during a year per : ---1000 of population


36. The Plan Holiday refers to the period : ---1966-69


37. SEBI is a: ---Statutory body


38. Which committee recommended abolition of tax rebates under section 88? ---Kelkar Committee


39. ‘sagarmala’is a name associated with : ---A project of port development


40. ‘CLENVAT’ is related to: ---Excise Duty


41. Which bank boasts of an adline ‘Consistency, Compatibility and Credibility’ ? ---Oriental Bank of Commerce

42. What is ‘NIKKEI’ ? ---Share Price Index of TokyoShare Market

Indian Economy GK Questions Answers:

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