Sunday, October 3, 2010

OBJECTIVE GENERAL KNOWLEDGE QUESTIONS

1. Equity schemes managed strong
NAV gains, which boost their
assets’ was a news in some
financial newspapers. What is
the full form of the term NAV as
used in above head lines

(A) Nil Accounting Variation
(B) Net Accounting Venture
(C) Net Asset Value
(D) New Asset Venture
(D) None of these

Answer.C

2. As per reports published in
various news papers, mutual
fund companies showed 94 per
cent growth in their total profits
during 200940. This means the
profits earned by these companies were 94 per cent——

(A) Of the total investments
they made collectively during
the year
(B) More than their profits
during previous year
(C) Of the total capital of the
company
(D) Less than the total expenditure of the companies
(D) None of these

Answer.B

3. As per the news published in
various news papers Pakistan
has imposed 15 per cent regulatory duty on exports of cotton
yarn. Why countries are required
to impose regulatory duties on
exports of some of their commodities while in the eyes of the
layman more exports means
more foreign exchange and more
revenue for the Govt. ?

1. It is done to control the
exports of a commodity as it
may be needed more in local
markets than in foreign
countries.
2. It is done to control the
general inflation in the
country as the inordinate
exports of various commodities create imbalance and
also cost push inflation.
3. It is a good short time
measure to collect more
revenue from the exports of
the commodity which is in
high demand in overseas
markets.

(A) Only 1
(B) On1y2 `
(C) Only3
(D) All 1, 2 and 3
(E) None of these

Answer.A

4. As per the reports published in
some major news papers ’ADAG
companies made good profits
during the year. ADAG companies are popularly known as-

(A) Companies owned by Tata
Group
(B) Aditya Birla Companies
(C) Reliance companies
(D) Companies owned by Aptech
(E) None of these

Answer.C

5. ONGC — Mittal Energy finds
hydrocarbons in two blocks
OPL-279 8: OPL —2B5 in Nigerian
sea was the news in some major
news papers. what is the full
form of the term OPL as used in
the above headline ?

(A) Oil Prospecting License
(B) Ownership and Partnership
Lease
(C) Overseas Private Line
(D) ON GC Petroleum Ltd.
(E) None of these

Answer.A

6. ”Mutual Funds reported exceptional performance in 2009-lO”
was the news in major financial
news papers recently. What is a
mutual fund 7

l. A type of collective investment scheme that pools
money from many investors
and invest it in stocks, bonds
or other money market
instruments.
2. It is a subsidiary of a bank or
financial company created
specially to false money to
be invested in a particular
industry i.e. housing or
insurance etc, The money
raised thus cannot be
invested anywhere else.
3. When several banks and
financial companies come
together and create a common pool of money to fund
mega infrastructural project
like bridges, roads, power
plants etc. the common pool
is known as Mutual Fund.

(A) Only 1
(B) Only 2
(C) Only3
(D) All 1, 2 and 3
(E) None of these

Answer.B

7. As we all know the Bank Rate at
present is fixed at 6%. What does
it mean in context to the banking
operations

(A) No bank will be able to give
loan to any party on a rate lower
than the Bank Rate
(B) Bank should give loan to
their priority sector customers /
borrowers at the rate of 6% only.
They cannot charge less or more
than this from their priority
sector clients
(C) Banks are required to invest
6% of their total capital on
financial inclusion and inclusive
banking operations
(D) Banks will be required to
give 6% of their total deposits to
the Govt. of India for meeting its
Balance of Trade requirements
(E) None of these

Answer.A

8. As per the reports in various
news papers many private
companies are trying to obtain
F the licenses to launch a banking
company in India. Which rot the
following organizations agencies
issue the license for the same ?

(A) Securities & Exchange Board
of India (SEBI)
(B) Indian Institute of Banking
& Finance (IIBF) `
(C) Indian Bank Association
(D) Registrar of Companies
(E) None of these

Answer.E

9. We very frequently read about
Europe’s Sovereign—debt crisis
these day. Which of the following staten1ent/ s is / are true
about the same ?

1. In early 2010 the Euro crisis
developed in some countries
like Greece, Spain and
` Portugal.
2. This created a credit default
swap between the countries
of the European Union.
3. SAARC countries have
offered some assistance to
some of severely affected
countries like Portugal,
Spain & Greece.

(A) Only 1
(B) Only2
(C) Only 1 and 2
(D) All 1, 2 and Q
(E) None of these

Answer.A

10. As we all know the RBI has
` raised the Cash Reserve Ratio
(CRR) by 25 bps. in April 2010.
What action banks will have to
take to implement the same

1. They will have to deposit
\ some more money with the
RBI as a reserved money.
2. Banks will be required to
give some more loan to projects of the priority sector.
3. Banks will be required to
give loan equivalent to the
CRR to the Govt. of India for
its day to day expenditure as
and when required.

(A) Only l
(B) Only2
(C) Only3
(D) Only 1 and 2
(E) All 1, 2 and 3

Answer.A

11. As per estimates given by the
RBI the Economic Growth during
the year 2010-11 will be at which
of the following levels ?

(A) 6•5% (B) 7%
(C) 7•5% (D) 8%
(E) None of these

Answer.D

12. Which of the following is/are
correct about the RBI’s credit
policy announced in April 2010

1. Repo rate raised by 25 bps.
2. A new reporting platform
was introduced for secondary market transactions in
Certificate of Deposits (CDs)
and Commercial Papers (CPs).
3. Core Investment Companies
(ClCs) having an asset size
of Rs. 100 crore are required
to register also with the RBI.

(A) Only 1
(B) Only2
(C) Only3
(D) All 1, 2 and 3
(E) None of these

Answer.A

13. As per the announcement made
by the RBI some Stock Exchanges
in India are allowed to introduce
Plain Vanilla Currency Options.
The term Plain Vanilla Currency
Options is associated with which
of the following activities /
operations

(A) Dollar — Rupee Exchange
Rate
(B) Floating of Commercial
Papers
(C) Launch of new mutual funds
(D) Deciding the opening price
of a share on a particular business day
(E) None of these

Answer.A

14. Which of the following is not a
term related to banking/ finance
operations 7

(A) Provision Coverage Ratio
(B) Securitization
(C) Consolidation
(D) Commodification
(E) Derivatives

Answer.C

15. The process of “Artificial
Application of Water to the soil
usually for assisting in growing
crops”, is technically known as-

(A) water harvesting
(B) irrigation
(C) water recharging
(D) percolation
(E) None of these

Answer.B

16. As per the news published in
major news papers/journals
henceforth the Credit Card
holders will be able to access
their credit card information
though automated interactive
voice response system over the
phone instead of speaking to the
staff. This decision of the banks/
credit card companies will
provide-

1. an additional hurdle to the
customers as people feel
comfortable in talking to the
staff instead of talking to a
machine.
2. an additional security to the
customers as this does not
allow any staff to handle any
transaction directly.
3. some comfort to the banks
as they will be able to reduce
their staff strength.

(A) Only 1
(B) Only2
(C) Only3
(D) All 1, 2 and 3
(E) Only 1 and 3

Answer.B

17. The 34th National Game which
were postponed several times are
V scheduled to be held in which of
the following states ?

(A) Gujarat
(B) Kerala
(C) Tamil Nadu
(D) Uttar Pradesh
(E) Jharkhand

Answer.E

18. Waste Water generates which of
the following gases which is
more powerful and dangerous
than CO2 ?

(A) Nitrogen
(B) Sulphur-di-oxide
(C) Hydrogen
(D) Methane p
(E) None of these

Answer.D

19. Which of the following days was
observed as World Water Day
2010 ?

(A) 20th June
(B) 22nd July
(C) 22nd March
(D) 20th May
(E) None of these

Answer.C

20. Late Vinda Karandikar who
died a few months back was a
famous-

(A) Author
(B) Cine-Actor
(C) Sportsman
(D) Classical Singer
(E) Social Worker

Answer.A

21. As per the reports published
recently the Govt. of India has
decided to create a separate
agency/body scrutinize all
Foreign Direct Investments
(FDIs) officially. Up till now the
security screening was being
done by the-

(A) Ministry of Foreign Affairs
Govt. of India
(B) Reserve Bank of India
(C) Securities & Exchange Board
of India
(D) Ministry of Finance, Govt. of
India
(E) Ministry of Home Affairs
Govt. of India

Answer.E

22. As per the news reports in
various news papers the USA
has outlined some major policy
goals to prevent the danger of
nuclear terrorism. Which of the
following is / are included in
those policy goals

1. Convene a nuclear security
summit within a year’s tune
under the leadership of the
USA.
2. A new agreement/pact
should be introduced in
place of present Nuclear
Non Proliferation Treaty
(NPT).
3. Call for a global effort to
secure all nuclear weapons
at all vulnerable sites all
over the world.

(A) Only 1
(B) Only2
(C) Only 1 and 3
(D) Only 2 and 3
(E) All 1, 2 and 3

Answer.E

23. ’Indira Gandhi Canal’ which is
around 450 km long provide
irrigation facility mainly to which
of the following states ?

(A) Punjab
(B) Haryana
(C) Madhya Pradesh
(D) Gujarat
(E) Rajasthan

Answer.E

24. Former caption of the Indian
Cricket team, Ajit Wadekar is
conferred which of the following
awards for the year 2010 ?

(A) Bharat Rama
(B) Khel Shri Award
(C) Dronacharya Award
(D) Rajiv Gandhi Khel Ratna
Award
(E) None of these

Answer.E

25. Who amongst the following is
the director of the popular Hindi
film “Oye Lucky ! Lucky Oye” ?

(B) David Dhavan
(C) Dibankar Banerjee
(D) R. Balakrishnan
(E) None of these

Answer.C

26. India recently signed an agreement to import Liquefied Natural
Gas (LNG) from a country which
is the largest LNG producer and
supplier of the world. Which is
that country

(A) Kuwait (B) Qatar.
(C) Iran (D) Saudi Arabia
(E) None of these A

Answer.B

27. As a measure to help countries
hit by global financial meltdown
the RBI has purchased notes
worth US $ 10 billion in terms of
Special Drawing Rights from a
World Organization/ agency.
Which is this agency/ organization ?

(A) Federal Reserve of U.S.A.
(B) Asian Development Bank
(C) World Bank
(D) International Monetary Fund
(E) None of these

Answer.D

28. Which of the following is not a I
public sector undertaking under
the Ministry of Defence, Govt. of
India ?

(A) Mazagaon Dock Ltd.
(B) Garden Reach Shipbuilders
and Engineers Ltd.
(C) Bharat Heavy Electricals Ltd.
(D) Hindustan Aeronautics Ltd.
(E) Bharat Earth Movers Ltd.

Answer.C

29. Which of the following states
won the senior National
Women’s Football Tournament
2010 ?

(A) Manipur
(B) Assam
(C) Tamil Nadu
(D) Kerala
(E) Delhi

Answer.A

30. Which of the following is not a
missile developed by the Defence
Research and Development
Organisation (DRDO) ?

(A) Shaurya (B) Pinaka
(C) Brahmos (D) Agni
(E) Nag

Answer.A

31. Which of the following declarations / treaties was adopted by
the BRIC countries recently to
promote Global Food Security ?

(A) Moscow Declaration
(B) Doha Treaty
(C) Delhi Declaration
(D) Kabul Treaty
(E) None of these

Answer.A

32. Which of the following statements represent(s) the main
objective(s) of the revised
National Health Policy—2002 of
the Govt. of India ?

1. Increase Public expenditure
from 0•9 per cent to 2 per
cent of the GDP.
2. Setting up of Medical Grants
Commission for funding
new Govt. Medical & Dental
colleges.
3. Mandatory two years rural
posting before awarding the
degree to Medical Graduates.

(A) Only 1
(B) Only 2
(C) Only3
(D) Only 1 and 3
(E) All 1, 2 and 3

Answer.E

33. Which of the following metals is
used for generation of nuclear
Energy by most of the Nuclear
Power Plants ?

(A) Zinc (B) Platinum
(C) Uranium (D) Nickel
(E) None of these

Answer.C

34, Indus Water Treaty is a pact on
sharing of river water between
India and-

(A) Bangladesh
(B) Pakistan
(C) Nepal
(D) Afghanistan
(E) Myanmar

Answer.B

35. The Union Cabinet recently
cleared Prohibition of unfair
Practices in Technical Medical
Educational Institutes and
Universities Bill 2010. As per the
bill which of the following will
now be treated as a cognizable
offence 7

(A) Accepting capitation fee
from the students
(B) Running a private college
(C) Not allowing students to
change their course in between
(D) Running a college without
proper facilities
(E) None of these

Answer.A

36. Which of the following is/are
considered a Renewable Source
of Energy ?

1. Wind Energy
2. Solar Energy
3. Nuclear Energy

(A) Only 1
(B) Only2
(C) Only3
(D) Only 1 and 2
(E) All 1, 2 and 3

Answer.D

37. Which of the following countries
is not amongst the top ten in
industrial production in the
world during 2010 ?

(A) India (B) Iran
(C) China (D) France
(E) U.S.A.

Answer.B

38. Commonwealth Games 2010 are
being organized in which of the
following countries

(A) Australia
(B) South Africa
(C) Canada
(D) New Zealand
(E) India

Answer.E

39. Which of the following is not a
banking related term ?

(A) Radiation
(B) Outstanding amount
(C) Benchmark Prime Lending
Rate
(D) Explicit Guarantee
(E) Creditor

Answer.A

40. Insurance service provided by
various banks is commonly
known as

(A) Investment Banking
(B) Portfolio Management A 4
(C) Merchant Banking
(D) Bancassurance
(E) Micro Finance

Answer.D

41. Who amongst the following has
recently taken over as the
Chairman of the 19th Law
Commission ?

(A) Mr. A. R. Lakshmanan
(B) Mr. P. V. Reddy
(C) Mr. Yashwant Sinha
(D) Mr. Ranjan Bharti Mittal
(E) None of these

Answer.B

42. Moortidevi Award is given for
excellence in the field of

(A) Classical dance
(B) Literature
(C) Classical music
(D) Cinematography
(E) Social service

Answer.B

43. Which of the following terms is
used in the game of Cricket ‘?

(A) Love
(B) Tee
(C) Penalty stroke
(D) No Ball
(E) None of these

Answer.D

44. Which of the following awards is
given by an agency of the United
Nations Organization ?

(A) Normon Borloug Award
(B) Kalinga Prize
(C) Ramonv Magsaysay Award
(D) Pulitzer Prize
(E) None of these

Answer.B

45. Which of the following countries
won the Hockey World Cup
2010 ?

(A) Spain (B) England
(C) India (D) Australia
(E) None of these

Answer.D

46. Who amongst me following is
the author of the English novel
’solo’, which was given Common
Wealth Writers’ Prize 2010 7

(A) Aainer Hussain
(B) Jonathan Tel
(C) Rana Dasgupta
(D) lohn Torrence Tate
(E) None of these

Answer.C

47. Mr. Surjit Patar who was awarded Saraswati Samman recently
is a well known poet of-

(A) Hindi (B) English
(C) Punjabi (D) Urdu
(E) Bengali

Answer.C

48. Which of the following is the
book written by Kiran Desai ?

(A) Higher than Everest
(B) A Passage to England
(C) Affluent Society
(D) All my Yester Years
(E) The Inheritance of Loss

Answer.E

49. Which of the following
Trophies/ cups is associated with
the game of Hockey ?

(A) Durand Cup ‘
(B) Santosh Trophy
(C) Rangaswarru Cup
(D) Ranji Trophy
(E) K. D. Singh Babu Trophy

Answer.C

50. Sandra Bullock who was awarded Oscar recently is a famous-

(A) Actress
(B) Director
(C) Music Composer
(D) Screen play writer
(E) None of these

Answer.A

VIJAYA BANK PROBATIONARY OFFICERS


General Awareness on

Socio-Economic

Developments

(HELD ON 2-3-2008)

1. The Foreign Exchange Reserve of India are kept in the custody of……
(A) World Bank
(B) International Monetary Fund
(C) Prime Minister Rahat Kosh
(D) Reserve Bank of India
(E) None of these

2. The Reserve Bank of India issues coins and notes of various denominations. At present RBI does not issue coins of which of the following denominations ?
(A) 10 paise
(B) 20 paise
(C) 25 paise
(D) 50 paise
(E) 1·00 Rupee

3. The European Union has adopted which of the following as a common currency ?
(A) Dollar
(B) Dinar
(C) Yen
(D) Peso
(E) Euro

4. Various Banks in the country have installed machines which disburse money to general public. These machines are called……
(A) Coin dispensing machines
(B) ATMs
(C) Debit Card Machines
(D) Ledger Machines
(E) None of these

5. Which of the following names is not associated with the insurance business in India ?
(A) Bajaj Allianz
(B) LIC
(C) GIC
(D) Tata AIG
(E) GE Money

6. Commodity Exchanges at various places in India are trading in many metals like gold, silver, etc. Many times we read in newspapers that gold no more has emained the highest trading option and has been replaced by a non-traditional metal known as……
(A) copper
(B) steel
(C) zinc
(D) white gold
(E) None of these

7. Which of the following is known as Plastic money ?
1. Demand Draft
2. Credit Card
3. Debit Card
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 2 and 3
(E) All 1, 2 and 3

8. Many a time we see a term in newspapers ‘IPO’. What is the full form of the same ?
(A) Indian Public Offer
(B) Institutional Purchase
(C) Industrial Purchase Order
(D) Indian Purchase Offer
(E) Initial Public Offer

9. Many a times we read in financial newspapers a term/name NMCEX. What is the full form of the same ?
(A) New Multi Capital Exchange
(B) National Medium Commodity Exchange
(C) National Multi Commodity Exchange
(D) Net Marketable Commodity Exchange
(E) None of these

10. Many Banks these days are entering into business of offering loans against property. This business of the banks can be categorized under which of the following heads of banking ?
(A) Corporate Banking
(B) Personal Banking
(C) Merchant Banking
(D) Portfolio Management Service
(E) None of these

11. Which of the following organizations/banks has done a commendable work in the field of micro finance and was awarded Nobel Prize also in the past ?
(A) Gramin Bank of Bangladesh
(B) CRY
(C) ASHA
(D) NABARD
(E) None of these

12. Nobel Prizes are not given for the performance in the area of…
(A) Literature
(B) Physics
(C) Chemistry
(D) Music
(E) Medical Science

13. In which of the following Hindi films has actor Shahrukh Khan played the role of a Hockey Coach ?
(A) Guru
(B) Chak De India
(C) Om Shanti Om
(D) Jab We Met
(E) None of these

14. Which of the following countries has not made any significant investment in India ?
(A) Japan
(B) USA
(C) Nepal
(D) Britain
(E) France

15. Which of the following is considered an informal method of getting credit/finance ?
(A) Internet Banking
(B) Branch visits
(C) Going to money lenders
(D) Tele Banking
(E) All of these

16. Which amongst the following nations is not a member of the SAARC ?
(A) Bangladesh
(B) Bhutan
(C) Nepal
(D) Maldives
(E) South Africa

17. Which of the following indexes is developed to measure life expectancy, level of literacy, education and standard of living of people in a country ?
(A) Inflation
(B) Sensex
(C) Human Development Index
(D) SLR
(E) None of these

18. Which of the following is not a Public Sector Unit/Undertaking/Agency ?
(A) ECGC
(B) SEBI
(C) SIDBI
(D) Axis Bank
(E) BHEL

19. Which of the countries represent letter ‘C’ in the category known as BRIC countries ?
(A) Canada
(B) Chile
(C) Cuba
(D) Croatia
(E) China

20. Who amongst the following addresses the nation on the Independence Day from the ramparts of the Red Fort, Delhi ?
(A) President of India
(B) UPA Chairperson
(C) Speaker of the Lok Sabha
(D) Prime Minister of India
(E) None of these

21. Which of the following awards is given for excellence in the field of sports ?
(A) Kalidas Samman
(B) Dhyanchand Award
(C) Shram Vir Award
(D) Shanti Swarup Bhatnagar Award
(E) None of these

22. Which of the following does not represent the name of a bank working in India ?
(A) YES
(B) HDFC
(C) TATA
(D) Kotak Mahindra
(E) Axis

23. Twenty-20 matches are played in the game of……
(A) Hockey
(B) Football
(C) Badminton
(D) Tennis
(E) Cricket

24. Which of the following deals between India and one major country was put on a hold for some time as India is finding difficult to implement it ?
(A) 123 Pact with USA
(B) Fifth generation fighter plane deal with Russia
(C) Heavy Water deal with Iran
(D) Border talks with China
(E) None of these

25. Which of the following is a type of tax levied by the Govt. on goods and services ?
(A) SAT
(B) NET
(C) PAN
(D) VAT
(E) None of these

ANSWERS :
1. (D) 2. (B) 3. (E) 4. (B) 5. (E) 6. (D) 7. (D) 8. (E) 9. (C) 10. (B)
11. (A) 12. (D) 13. (B) 14. (C) 15. (C) 16. (E) 17. (C) 18. (B) 19. (E) 20. (D)
21. (B) 22. (C) 23. (E) 24. (A) 25. (D)

Saturday, October 2, 2010

Indian Polity Objective Questions

1. How many spokes are there in the Ashoka Wheel of the Indian National Flag?

a) 24
b) 23
c) 22
d) 18

2. Who was the first Governor General of free India?

a) C Rajagopalachari
b) Lord Mountbatten
c) Rajendra Prasad
d) Sardar Vallabhai Patel

3. Who was the first Indian Governor General of free India?

a) C Rajagopalachari
b) Lord Mountbatten
c) Dr S Radhakrishnan
d) Rajendra Prasad

4. Which is India’s national animal?

a) Lion
b) Tiger
c) Elephant
d) Cow

5. Which of the following is our National Anthem?

a) Jana Gana Mana …
b) Vandematharam
c) Sare Jahanse Achcha
d) Jhanda Uncha Rahe Hamara

6. Who appoints the Chief Election Commissioner of India?

a) President of India
b) Prime Minister
c) Home Minister
d) Supreme Court

7. What is the maximum number of members of Lok Sabha?

a) 525
b) 535
c) 545
d) 550

8. For how long can President’s rule be imposed in a state initially?

a) One year
b) Two years
c) Three years
d) Six months

9. In the matter of Money bills, the position of Rajya Sabha is

a) Superior
b) Inferior
c) Same as that of Lok Sabha
d) None of these

10. Who appoints the Advocate General?

a) Governor of the State
b) Chief Minister
c) President of India
d) Chief Justice of High Court

11. Who is the head of the State Government?

a) Governor
b) Chief Minister
c) Chief Justice of High Court
d) President

12. Who appoints the Governors of the State?

a) President of India
b) Prime Minister
c) Chief Minister
d) Supreme Court

13. What is the term of office of the governor of a state?

a) 4 years
b) 5 years
c) 6 years
d) 7 years

14. How many kinds of emergencies are there according to our constitution?

a) three
b) four
c) two
d) five

15. By which amendment was the voting age reduced to 18 from 21?

a) 52nd amendment
b) 56th amendment
c) 61st amendment
d) 73rd amendment

Answers

1. 24
2. Lord Mountbatten
3. C Rajagopalachari
4. Lion
5. Jana Gana Mana …
6. President of India
7. 545
8. Six months
9. Inferior
10. Governor of the State
11. Governor
12. President of India
13. 5 years
14. three
15. 61st amendment

1. In which of the following year came the first Constitutional Amendment?

a) 1951
b) 1952
c) 1956
d) 1948

2. By which amendment was primary education added to the list of Fundamental Rights?

a) 91st amendment
b) 92nd amendment
c) 93rd amendment
d) 94th amendment

3. Who appoints the members of the Union Public Service Commission?

a) President
b) Prime Minister
c) Chairman of UPSC
d) Chief Justice of Supreme Court

4. What is India’s National bird?

a) Swan
b) Pigeon
c) Nightingale
d) Peacock

5. What is India’s National Flower?

a) Rose
b) Lotus
c) Jasmine
d) Hibiscus

6. Which of the following statements tell why India is a democratic republic?

a) The head of the state is elected by the people
b) There is parliamentary supremacy
c) There is independence of judiciary
d) None of these

7. How many members can be nominated by the President to the Rajya Sabha?

a) 10
b) 12
c) 15
d) 18

8. Who is the Supreme Commander of the Armed Forces of India?

a) Defence Minister
b) Prime Minister
c) President of India
d) Chief of Army Staff

9. What is dealt within the Part IV of our Constitution?

a) Fundamental duties
b) Directive principles of State Policy
c) Fundamental rights
d) Citizenship

10. From which constitution did our constitution borrow the concept of the Directive Principles of State Policy?

a) Canada
b) Ireland
c) United Kingdom
d) Germany

Answers

1. 1951
2. 93rd amendment
3. President
4. Peacock
5. Lotus
6. The head of the state is elected by the people
7. 12
8. President of India
9. Directive principles of State Policy
10. Ireland

1. Which writ can be issued by a High Court to direct a public official or the government not to enforce a law which is unconstitutional?

a) Certiorari
b) Prohibition
c) Quo Warranto
d) Mandamus

GK Indian Polity 3

1. Which writ can be issued by a High Court to direct a public official or the government not to enforce a law which is unconstitutional?

a) Certiorari
b) Prohibition
c) Quo Warranto
d) Mandamus

2. In which of the following is the residuary powers vested according to our constitution?

a) Union Parliament
b) Prime Minister
c) President
d) Supreme Court

3. From which of the following is the word ‘Satyameva Jayate’ inscribed in our national emblem taken?

a) Mahabharata
b) Mundaka Upanishad
c) Kathopanishad
d) Ramayana

4. The constituent Assembly adopted the design of the National Flag on

a) 22nd July, 1947
b) 26th November, 1949
c) 26th January, 1950
d) 15th August, 1947

5. The state of Bombay was split into two states Gujarat and Maharashtra in the year

a) 1960
b) 1972
c) 1956
d) 1980

6. Which article of our constitution forms the core of the Chapter on Fundamental Rights?

a) Article 19
b) Article 18
c) Article 20
d) Article 21

7. How many categories of freedom can an Indian citizen have?

a) 6
b) 8
c) 9
d) 12

8. Which schedule of our constitution deals with the languages approved by the constitution?

a) Fourth Schedule
b) Eighth Schedule
c) Tenth Schedule
d) Fifth Schedule

9. Which schedule of our constitution deals with the Anti-Defection law?

a) Fourth Schedule
b) Eighth Schedule
c) Tenth Schedule
d) Fifth Schedule

10. Who appoints the Secretary General of the Lok Sabha?

a) Speaker
b) Prime Minister
c) Members of the Lok Sabha
d) President

11. For what period can the Vice President hold the office of the President in the event of the death of the President?

a) Two months
b) Six months
c) One month
d) Three months

12. A person seeking election to the office of Vice President must have completed what age?

a) 35 years
b) 30 years
c) 25 years
d) 18 years

13. Who is the ex-officio Chairman of Rajya Sabha?

a) President
b) Vice President
c) Speaker
d) None of these

14. Who was the first Chairman of the Planning Commission?

a) Jawaharlal Nehru
b) BR Ambedkar
c) C Rangarajan
d) KC Pant

15. The full status of statehood was conferred upon the Union territories of Manipur and Tripura in

a) 1956
b) 1960
c) 1985
d) 1972

1. Mandamus
2. Union Parliament
3. Mundaka Upanishad
4. 22nd July, 1947
5. 1960
6. Article 19
7. 6
8. Eighth Schedule
9. Tenth Schedule
10. Speaker
11. Six months
12. 35 years
13. Vice President
14. Jawaharlal Nehru
15. 1972

1. Which of the following does not constitute the Electoral College for electing the President of India?

a) Elected members of the Legislative Council
b) Elected members of the Legislative Assembly
c) Elected members of Lok Sabha
d) Elected members of Rajya Sabha

2. In which of the following year was the proclamation of Emergency by the President on the ground of internal disturbance made for the first time?

a) 1975
b) 1960
c) 1976
d) 1974

3. Within what period from the date of its proclamation will an emergency cease to be in operation, unless approved by resolutions of both Houses of Parliament?

a) one month
b) two month
c) three month
d) six month

4. The proclamation of emergency under Article 362 was made for the first time in

a) 1975
b) 1962
c) 1976
d) 1960

5. Which of the following is not a financial committee of Parliament in India?

a) Public Accounts Committee
b) Estimates Committee
c) Finance Commission
d) Committee on Public Undertakings

6. At which of the following places is the Supreme Court of India located?

a) Mumbai
b) Madras
c) New Delhi
d) Calcutta

7. What is the duration of the term of the President of India?

a) Four years
b) Five years
c) Six years
d) Seven years

8. For a maximum period of how many days can a Money Bill passed by the Lok Sabha be detained by the Rajya Sabha?

a) 14 days
b) 30 days
c) 90 days
d) 60 days

9. Which of the following qualification is not essential for election as the President of India?

a) The candidate must be a citizen of India?
b) Must have completed 35 years of age
c) Must be a member of Lok Sabha
d) Must not be holding an office of profit

10. How many members can be nominated by the President to the Rajya Sabha?

a) 10
b) 12
c) 15
d) 18

Answers

1. Elected members of the Legislative Council
2. 1975
3. one month
4. 1962
5. Finance Commission
6. New Delhi
7. Five years
8. 14 days
9. Must be a member of Lok Sabha
10. 12

1. Which article of our constitution deals with the amendment of constitution?

a) Article 368
b) Article 352
c) Article 356
d) Article 360

2. By which of the following Acts were the High Courts of Bombay, Madras and Calcutta established?

a) Indian High Court Act, 1911
b) Indian High Courts Act, 1865
c) Indian High Courts Act, 1861
d) None of these

3. Who was the Prime Minister of India when National Emergency was declared in 1975?

a) Indira Gandhi
b) Morarji Desai
c) Lal Bahadur Shastri
d) Jawaharlal Nehru

4. Who was the President of India when National Emergency was declared in 1975?

a) Neelam Sanjeeva Reddy
b) Fakruddin Ali Ahmed
c) VV Giri
d) Gyani Sail Singh

5. What is the form of Government which is headed by an elected representative and a not a hereditary monarch called?

a) Republican
b) Democratic
c) Presidential
d) Parliamentary

6. Which of the following is a Fundamental right?

a) freedom of expression
b) Right to Personal Liberty
c) Right to move freely within India
d) All the above

7. Which of the following is not a Fundamental right?

a) right to live
b) right to freedom of religion
c) right to contest an election
d) right to equal protection under the laws

8. Who wrote the National Anthem of India?

a) Rabindranath Tagore
b) Muhammad Iqbal
c) Bankim Chandra Chatterji
d) Mahatma Gandhi

9. By virtue of which Act, did the British government take over the administration from East India Company?

a) Act of 1858
b) Act of 1909
c) Act of 1919
d) Act of 1935

10. The position of the President of India is comparable to

a) British Monarch
b) US President
c) Russian President
d) German Chancellor

11. Disputes regarding election to the posts of President and Vice President should be brought before

a) Supreme Court
b) Lok Sabha
c) Rajya Sabha
d) Election Commission

12. A Bill passed by the Parliament has to be signed by

a) Prime Minister
b) President
c) Cabinet
d) Speaker

13. What is the retiring age of the Judges of Supreme Court?

a) 60
b) 62
c) 65
d) 68

14. Who among the following has the right to take part in the proceedings of any committee of Parliament without being a member of it?

a) Deputy Chairperson of Finance Commission
b) Comptroller and Auditor General of India
c) The Attorney General of India
d) Election Commissioner

15. From which of the following nations did we borrow the doctrine of judicial review?

a) Great Britain
b) USA
c) France
d) Switzerland

16. Who is the leader of the majority party in the Lok Sabha?

a) Prime Minister
b) President
c) Vice President
d) Speaker of Lok Sabha

17. Under the provisions of which Article of the Constitution is President’s rule imposed in a state?

a) Article 352
b) Article 350
c) Article 356
d) Article 360

18. How many times can a person be elected President of India?

a) two times
b) three times
c) four times
d) no limit

19. The President of India can be removed from office by

a) Parliament
b) The Lok Sabha
c) The Prime Minister of India
d) The Chief Justice of India

20. What is the normal term of office of the Prime Minister of India?

a) five years
b) four years
c) six years
d) no limit

21. What is the minimum voting age in India?

a) 18 years
b) 21 years
c) 20 years
d) 25 years

22. To be eligible for election as a member of Rajya Sabha a candidate must have completed what age?

a) 25 years
b) 30 years
c) 35 years
d) 18 years

23. What is the number of writs that can be issued by the Supreme Court or High Court?

a) 3
b) 4
c) 6
d) 5

24. Which of the following acts introduced diarchy as the form of Government at the provincial level?

a) Govt. of India Act, 1919
b) Minto-Morley reforms
c) Montague Chelmsford Reforms
d) Govt. of India Act, 1935

25. Which of the following events compelled Gandhiji to launch the Civil Disobedience Movement?

a) Jalianwala Bagh massacre
b) Chauri Chaura incident
c) Rowlatt Act
d) Failure of Cripps Mission

Answers

1. Article 368
2. Indian High Courts Act, 1861
3. Indira Gandhi
4. Fakruddin Ali Ahmed
5. Republican
6. All the above
7. right to contest an election
8. Rabindranath Tagore
9. Act of 1858
10. British Monarch
11. Supreme Court
12. President
13. 65
14. The Attorney General of India
15. USA
16. Prime Minister
17. Article 356
18. no limit
19. Parliament
20. five years
21. 18 years
22. 30 years
23. 5
24. Govt. of India Act, 1919
25. Rowlatt Act

1. A candidate must have completed what age to be a member of the Lok Sabha?

a) 25 years
b) 30 years
c) 35 years
d) 18 years

2. Which amendment to the Constitution deals with the reorganization of states?

a) 7th amendment
b) 5th amendment
c) 6th amendment
d) 4th amendment

3. Which Indian state has its own constitution?

a) Punjab
b) Delhi
c) Jammu and Kashmir
d) West Bengal

4. Who among the following gives legal advice to the state government?

a) Comptroller and Auditor General
b) Advocate General
c) Chief Justice of High Court
d) Attorney General of India

5. Which amendment to the Constitution deals with the Anti-defection law?

a) 42nd Amendment
b) 52nd Amendment
c) 61st Amendment
d) 47th Amendment

6. Which Article of our Constitution forbids child labour?

a) Article 18
b) Article 24
c) Article 36
d) Article 28

7. Who is the Supreme Commander of the Armed Forces in India?

a) Prime Minister
b) Defence Minister
c) President
d) Chief of Army Staff

8. Who appoints the Judges of the Supreme Court and High Court?

a) Prime Minister
b) Law Minister
c) President
d) Speaker of Lok Sabha

9. What is the term of office of the Vice President of India?

a) 4 years
b) 5 years
c) 6 years
d) 7 years

10. For a No-Confidence Motion to be introduced in the Lok Sabha it must have the support of at least

a) 50 members
b) One-third of the total number of members
c) 60 members
d) 100 members

11. How many Anglo Indians can be nominated by the President to the Lok Sabha?

a) 12
b) 6
c) 3
d) 2

12. What is the maximum strength of Rajya Sabha?

a) 250 members
b) 260 members
c) 300 members
d) 500 members

13. What is the term of office of a member of Rajya Sabha?

a) 5 years
b) 6 years
c) 4 years
d) 7 years

14. Who administers the oath of office to the President of India? a) Prime Minister

b) Chief Justice of India
c) Speaker of Lok Sabha
d) Vice President

15. Who holds the office of the President if neither the President nor the Vice President is available?

a) Prime Minister
b) Chief Justice of India
c) Speaker of Lok Sabha
d) None

16. Which of the following schedules in the Constitution divides the legislative powers between the Union and the States?

a) V schedule
b) VI schedule
c) VII schedule
d) VIII schedule

17. In accordance with the provisions of our constitution new all-India services can be created only by

a) the President on the advice of the council of Ministers
b) the Parliament
c) amendment of the Constitution
d) new services cannot be created

18. Under our Constitution Residuary Powers are vested in

a) the President
b) the Union
c) State legislatures
d) Both the Union and State Legislatures

19. The vesting of residuary powers under our constitution in the Union follows the precedent of which constitution?

a) Canadian Constitution
b) Irish Constitution
c) US Constitution
d) British Constitution

20. Which Constitutional authority is responsible for constituting the Finance Commission periodically?

a) Chairman of Rajya Sabha
b) Prime Minister
c) President of India
d) Speaker of Lok Sabha

21. For a period of how many years is the Finance Commission normally constituted?

a) four years
b) five years
c) six years
d) three years

22. To whom does the Public Accounts Committee submit its report?

a) Prime Minister
b) President
c) Speaker of Lok Sabha
d) Vice President

23. Under our Constitution the sovereign power rests with which of the following?

a) Judiciary
b) President
c) People
d) Parliament

24. Which amendment to the Constitution made it necessary on the part of the President to accept the advice given by the Council of Ministers?

a) 24th amendment
b) 25th amendment
c) 41st amendment
d) 42nd amendment

25. From which constitution did we borrow the concept of our Federation?

a) Canadian Constitution
b) Australian Constitution
c) Irish Constitution
d) German Constitution

Answers

1. 25 years
2. 7th amendment
3. Jammu and Kashmir
4. Advocate General
5. 52nd Amendment
6. Article 24
7. President
8. President
9. 5 years
10. 50 members
11. 2
12. 250 members
13. 6 years
14. Chief Justice of India
15. Chief Justice of India
16. VII schedule
17. the Parliament
18. the Union
19. Canadian Constitution
20. President of India
21. five years
22. Speaker of Lok Sabha
23. Parliament
24. 42nd amendment
25. Canadian Constitution

1. The vesting of Residuary Powers under our constitution in the Union follows the precedent of which Constitution?

a) Canadian constitution
b) Irish constitution
c) US constitution
d) British constitution

2. Which constitutional authority is responsible for constituting the Finance Commission periodically?

a) Chairman of Rajya Sabha
b) Prime Minister
c) President of India
d) Speaker of Lok Sabha

3. For a period of how many years is the Finance Commission normally constituted?

a) four years
b) five years
c) six years
d) three years

4. To whom does the Public Accounts Committee submit its report?

a) Prime Minister
b) President
c) Speaker of Lok Sabha
d) Vice President

5. Under our constitution, the sovereign power rests with which of the following?

a) judiciary
b) president
c) people
d) parliament

6. Which amendment to the constitution made it mandatory on the part of the President to accept the advice given by the council of ministers?

a) 24th amendment
b) 25th amendment
c) 41st amendment
d) 42nd amendment

7. From which constitution did we borrow the concept of our Federation?

a) Canadian constitution
b) Australian constitution
c) Irish constitution
d) German constitution

8. Which of the following is the competent authority to amend the constitution?

a) parliament
b) state legislatures
c) president
d) chairman of the Rajya Sabha

9. Which articles of our constitution deals with the cultural and educational rights?

a) 30 and 31
b) 29 and 30
c) 31 and 32
d) 32 and 33

10. To whom should a notice in writing be given for raising a half an hour discussion in a House of Parliament?

a) Presiding officer of the house
b) Secretary general of the house
c) Secretary of department of parliamentary affairs
d) Ministers concerned

11. Who was the last Viceroy of India?

a) Lord Mountbatten
b) Lord Canning
c) Lord Ripon
d) Lord Hardinge

12. Who was the first President of the Republic of India?

a) Dr Rajendra Prasad
b) C Rajagopalachari
c) Lord Mountbatten
d) Zakir Hussain

13. Who was the first Muslim President of independent India?

a) Maulana Abdul Kalam Azad
b) APJ Abdul Kalam
c) Dr Zakir Hussain
d) None of these

14. Who among the following British Prime Ministers issued the infamous ‘communal award’ which prescribed separate electorates to different communities?

a) Ramsay MacDonald
b) Clement Atley
c) Winston Churchill
d) Neville Chamberlain

15. Which of the following is not a language included in the eighth schedule of the constitution?

a) English
b) Konkani
c) Sindhi
d) Kashmiri

16. A candidate seeking election to a state legislative assembly must have completed what age?

a) 30 years
b) 25 years
c) 21 years
d) 20 years

17. Which of the following is not a post mentioned in the Constitution of India?

a) The Deputy Speaker of the Lok Sabha
b) The Deputy Prime Minister
c) The Deputy speaker of the state legislative assemblies
d) The Deputy chairman of the Rajya Sabha

18. Who among the following can propose the name of a candidate for the office of President of India?

a) any five citizens of India
b) any five members of parliament
c) any one member of the electoral college
d) any ten members of the electoral college

19. Which of the following tax is levied and collected by the union but wholly assigned to the states?

a) taxes on railway fares and freights
b) stamp duties
c) sales tax
d) custom duties

20. Who appoints the Attorney General of India?

a) Chief Justice of India
b) Union Law Minister
c) Prime Minister
d) President

21. Who among the following presidents of India held the office for two successive terms?

a) VV Giri
b) Dr S Radhakrishnan
c) Dr Zakir Hussain
d) Dr Rajendra Prasad

22. The Fundamental Duties were added to the constitution for the first time in

a) 1974
b) 1975
c) 1976
d) 1977

23. Of which type is the Indian Constitution?

a) Federal
b) Unitary
c) Parliamentary
d) Federal in form and Unitary in spirit

24. Into how many parts has the Indian Constitution been divided?

a) 7
b) 11
c) 21
d) 22

25. What is the maximum number of nominated members in the two Houses of Parliament?

a) 10
b) 12
c) 14
d) 20

Answers

1. Canadian constitution
2. President of India
3. five years
4. Speaker of Lok Sabha
5. parliament
6. 42nd amendment
7. Canadian constitution
8. parliament
9. 29 and 30
10. Secretary general of the house
11. Lord Mountbatten
12. Dr Rajendra Prasad
13. Dr Zakir Hussain
14. Ramsay MacDonald
15. English
16. 25 years
17. The Deputy Prime Minister
18. any ten members of the electoral college
19. taxes on railway fares and freights
20. President
21. Dr Rajendra Prasad
22. 1976
23. Federal in form and Unitary in spirit
24. 22
25. 14

Geography Objective Questions

1. Who was the first man to reach the South Pole?

a) Robert Walpole
b) Amundson
c) Robert Peary
d) none of these

2. Which of the following cities are situated on the banks of river ‘Tigris’?

a) Sharjah
b) Baghdad
c) Dubai
d) London

3. Which of the following is not an island?

a) Greenland
b) Ireland
c) Cuba
d) Sweden

4. Which of the following places is called the ‘Land of Golden Pagoda’?

a) Japan
b) Thailand
c) Myanmar
d) Java

5. Which of the following places are connected by the Adam’s bridge?

a) Israel and Jerusalem
b) Amman and Damascus
c) Persian Gulf and Gulf of Oman
d) Dhanushkodi and Talaimannar

6. Which of the following represent the International Date Line?

a) 1000 meridian
b) 00 meridian
c) 1800 meridian
d) 900 meridian

7. Excessively dry climate with very cold temperature throughout the year correspond to which of the following?

a) Arctic deserts
b) Tundra
c) Alpine meadows
d) Antarctica

8. Which one of the following is a cold current?

a) Gulf stream
b) Kuroshio
c) Benguela
d) Brazil

9. The disintegration and decomposition of rocks is known as

a) weathering
b) erosion
c) denudation
d) mass washing

10. What are the tropical cyclones of the Bay of Bengal called?

a) hurricanes
b) typhoons
c) depressions
d) tornadoes

11. Which of the following is the only latitude that forms a great circle?

a) The Equator
b) The Arctic circle
c) The Antarctic circle
d) The Tropic of Cancer

12. Which of the following is the most ideal condition for chemical weathering?

a) hot and humid
b) hot and dry
c) cold and dry
d) cold and humid

13. If two points are placed just on either side of the International Date Line, the difference in time between these two points will approximately be how many hours?

a) 12 hours
b) 18 hours
c) 24 hours
d) nil

14. Which one of the following rivers flows near Paris?

a) Rhine
b) Volga
c) Danube
d) Thames

15. The Pacific Ocean was so named by

a) Bartholomew Diaz
b) Magellan
c) Vasco da Gama
d) Columbus

Answers

1. Amundson
2. Baghdad
3. Sweden
4. Myanmar
5. Dhanushkodi and Talaimannar
6. 1800 meridian
7. Antarctica
8. Benguela
9. weathering
10. depressions
11. the Equator
12. hot and humid
13. 24 hours
14. Rhine
15. Magellan

1. In northern hemisphere, the wind blowing from the Horse latitude to the Doldrums is called?

a) Westerly wind
b) Trade wind
c) Polar Easterly wind
d) jet stream

2. What is the maximum length of a day on the poles?

a) 12 hours
b) 24 hours
c) 3 months
d) six months

3. Which one of the following latitudes forms a great circle?

a) 00
b) 23 ½ 0
c) 66 ½ 0
d) 900

4. The International Date Line is located in the

a) Pacific Ocean
b) Atlantic ocean
c) Indian ocean
d) Arctic ocean

5. Which one of the following is a volcano located in Italy?

a) Vesuvius
b) Mauna Loa
c) Krakotao
d) Stromboli

6. Dark skin shields the body from the damaging effects of ultraviolet radiations. Therefore which of the following regions are inhabited by people with darker skin?

a) Tropical regions
b) Temperate regions
c) desert regions
d) forest regions

7. Which one of the following is not a form of precipitation?

a) hail
b) snowfall
c) rainfall
d) fog

8. What term is used to refer to the process in which the fertile part of the soil is dissolved in water and washed away?

a) effusing
b) decaying
c) leaching
d) eroding

9. Which one of the following is known as the Pearl City?

a) Cochin
b) Tuticorin
c) Rameswaram
d) Masulippatanam

10. Who was the first navigator who had sailed around the earth and proved that the shape of earth is round?

a) James Cook
b) Ferdinand Magellan
c) Ptolemy
d) Vasco da Gama

Answers

1. Trade wind
2. 6 months
3. 00
4. Pacific Ocean
5. Vesuvius
6. Tropical regions
7. Fog
8. eroding
9. Tuticorin
10. Ferdinand Magellan

1. What are clouds with vertical development called?

a) cirrus
b) stratus
c) cirrocumulus
d) cumulo-nimbus

2. Which of the following is a feature formed by rivers?

a) moraine
b) inselberg
c) cirque
d) meander

3. What is the study of spatial distribution of plants and animals called?

a) zoogeography
b) biogeography
c) plant geography
d) ecology

4. The Himalayan rivers are

a) monsoon fed
b) snow-fed
c) ephemeral
d) seasonal

5. Rhine valley in France is known for mineral deposits of

a) Bauxite
b) copper
c) Nickel
d) Zinc

6. Which of the following are linked by the Panama Canal?

a) Atlantic Ocean and Pacific ocean
b) Atlantic Ocean and Indian Ocean
c) Indian Ocean and Mediterranean Sea
d) Mediterranean Sea and Red Sea

7. Which of the following was absent in the atmosphere of the primitive earth?

a) oxygen
b) carbon dioxide
c) nitrogen
d) ammonia

8. Which one of the following is responsible for the change of seasons over the surface of earth?

a) rotation of earth
b) revolution of earth
c) inclination of earth
d) declination of earth

9. When the wind is deflected due to the rotation of the earth, it is called as

a) geotropic wind
b) polar wind
c) Westerlies
d) Trade winds

10. Which one of the following is most destructive?

a) Tornado
b) cyclone
c) typhoon
d) Willy Willy

11. By what name is the saline-desert-cum-marsh known in India?

a) Dhand
b) kaher
c) lagoon
d) rann

12. Seasonal variation is the least in

a) In the Arctic Circle
b) At 45 0 N latitude
c) in the Tropic of Cancer
d) At the Equator

13. The equatorial radius of the earth is approximately

a) 7000 km
b) 6000 km
c) 5000 km
d) 4000 km

14. The speed of rotation of the earth is the highest

a) along the Equator
b) Along the tropic of cancer
c) along the Arctic circle
d) at the North pole

15. Which one of the following rocks is a metamorphic equivalent of sandstone?

a) marble
b) quartzite
c) Gneiss
d) Granite

Answers

1. Cirrocumulus
2. meander
3. biogeography
4. snow-fed
5. bauxite
6. Atlantic ocean and Pacific ocean
7. Oxygen
8. revolution of earth
9. geotropic wind
10. cyclone
11. rann
12. in the Arctic circle
13. 6000 km
14. at the North Pole
15. Quartzite

1. Which of the following is the deepest lake?

a) Caspian sea
b) Lake Baikal
c) Lake Superior
d) Lake Victoria

2. Which of the following is the area most susceptible to earthquakes?

a) Himalayan belt
b) Circum-Pacific belt
c) Mexican belt
d) Mediterranean belt

3. What is the time difference between each longitude?

a) 6 minutes
b) 4 minutes
c) 5 minutes
d) 8 minutes

4. Which atmospheric layer lies closely above the troposphere?

a) mesosphere
b) ionosphere
c) chemosphere
d) stratosphere

5. The time period of a pendulum on moon

a) remains the same
b) decreases
c) increases
d) becomes zero

6. Which of the following pairs of seas are connected by the Suez Canal?

a) Atlantic-Pacific
b) Indian-Pacific
c) Mediterranean –Red
d) Mediterranean – Black

7. Which one of the following regions is the most suitable for the cultivation of citrus fruits?

a) Equatorial region
b) Mediterranean region
c) polar region
d) tundra region

8. Who is a cartographer?

a) one who pulls a cart
b) one who makes cartoons
c) one who writes travel stories
d) one who plots maps

9. What are the lines drawn on a weather map joining places having the same temperature called?

a) isotopes
b) isobars
c) isotherms
d) isometers

10. Which of the following is the youngest mountain range in the world?

a) Alps
b) Andes
c) Aravallis
d) Himalayas

Answers

1. Lake Baikal
2. Circum-Pacific belt
3. 4 minutes
4. stratosphere
5. increases
6. Mediterranean –Red
7. Mediterranean region
8. one who plots maps
9. isotherms
10. Himalayas

Economy Objective Questions

1. Who was the first administrator-statesman to attempt planning as a means for economic development?

a) Sir CP Ramaswami Aiyyar
b) M Viswesvarayya
c) VT Krishnamachari
d) C Rajagopalachari

2. An economy is at the take off stage on its path to development when it

a) becomes stagnant
b) begins steady growth
c) is liberalized
d) gets maximum foreign aid

3. Which of the following is the basic characteristic of Oligopoly?

a) a few sellers, one buyer
b) a few sellers, many buyers
c) a few sellers, a few buyers
d) many sellers, a few buyers

4. The aim of which of the Five Year Plans was to correct the disequilibrium in the economy?

a) First Five Year Plan
b) Second Five Year Plan
c) Third Five Year Plan
d) Fourth Five Year Plan

5. Which of the following Five Year Plans recognized human development as the core of all developmental efforts?

a) Eighth Five Year Plan
b) Seventh Five Year Plan
c) Fifth Five Year Plan
d) Third Five Year Plan

6. Which of the following plans aimed at improving the standard of living?

a) Third Plan
b) Fourth Plan
c) Fifth Plan
d) Sixth Plan

7. At which of the following places was the mining of coal started in 1774?

a) Chhindwara
b) Dhanbad
c) Ranchi
d) Raniganj

8. In which of the following years were the cocking coals and non-cocking coal mines in India nationalized?

a) 1971 and 1972 repetitively
b) 1972 and 1973 respectively
c) 1973 and 1974 respectively
d) 1970 and 1972 respectively

9. Which Indian state has the largest number of cotton textile mills?

a) Madhya Pradesh
b) Maharashtra
c) Gujarat
d) West Bengal

10. Minor ports like Kakinada, Machilipatnam, Bheemunipatnam and Krishnapatnam are in which of the following states?

a) Tamil Nadu
b) Andhra Pradesh
c) Maharashtra
d) Karnataka

11. When, for the first time, did the Prime Minister of India announce the 20-point Economic Programme?

a) 1973
b) 1974
c) 1975
d) 1976

12. Which of the following plans aimed at the removal of poverty and attainment of self-reliance?

a) second plan
b) third plan
c) fourth plan
d) fifth plan

13. Census in India is being held regularly after every

a) 6 years
b) 8 years
c) 10 years
d) 12 years

14. People belonging to what age group are eligible for training under TRYSEM scheme?

a) 18-35
b) 25-40
c) 18-50
d) 18-25

15. According to the census in 2001, which city in India has the largest population?

a) Kolkatta
b) Mumbai
c) Delhi
d) Chennai

Answers

1. M Viswesvarayya
2. begins steady growth
3. a few sellers, many buyers
4. First Five Year Plan
5. Eighth Five Year Plan
6. Fourth Plan
7. Raniganj
8. 1972 and 1973 respectively
9. Maharashtra
10. Andhra Pradesh
11. 1975
12. fifth plan
13. 10 years
14. 18-35
15. Mumbai

1. In terms of geographical area India occupies what position in the world?

a) Five
b) six
c) seven
d) three

2. India does not share its boundary with which of the following countries?

a) China
b) Taiwan
c) Burma
d) Bhutan

3. Agriculture employs almost what percent of the Indian population?

a) 90
b) 50
c) 40
d) 70

4. Which one of the following is a Kharif crop?

a) bajra
b) wheat
c) mustard
d) barley

5. Which one of the following is a rabi crop?

a) rice
b) jowar
c) cotton
d) peas

6. Who is known as the ‘Father of White Revolution’?

a) V Kurien
b) MS Swaminathan
c) JP Narayan
d) Baba Amte

7. Who was the chief architect of Green Revolution that significantly improved the agricultural yield in the country?

a) MS Swaminathan
b) VR Krisha Aiyyar
c) V Kurien
d) Jawaharlal Nehru

8. The Chota Nagpur Plateau famous for its mineral deposits is in

a) Uttar Pradesh
b) Jharkhand
c) Madhya Pradesh
d) Bihar

9. The Mumbai Stock Exchange was set up in

a) 1875
b) 1900
c) 1922
d) 1947

10. What does the term NSDL stands for?

a) National Securities Development Limited
b) National Securities Depository Limited
c) National Safety Development Limited
d) Natural Safety Deployment Limited

Answers

1. seven
2. Taiwan
3. 70
4. bajra
5. peas
6. V Kurien
7. MS Swaminathan
8. Jharkhand
9. 1875
10. National Securities Depository Limited

1. Which one of the following was launched with the objective of helping the poor in rural areas to become self employed?

a) DPAP
b) IRDP
c) TRYSEM
d) DDP

2. In Indian economy, the principal means of transportation is

a) airways
b) railways
c) waterways
d) roadways

3. Which of the following organizations looks after the credit needs of agriculture and rural development in India?

a) FCI
b) IDBI
c) NABARD
d) ICAR

4. Which of the following estimates the National Income in India?

a) Central Statistical Organization
b) National Income Committee
c) Planning commission
d) Reserve Bank of India

5. In India which of the following taxes is levied by the state governments?

a) Excise duty on liquor
b) Capital gains tax
c) Customs tax
d) corporation tax

6. Which industry employs the largest number of women in India?

a) tea
b) textile
c) jute
d) coal

7. Which of the following is not a cash crop?

a) Jute
b) groundnut
c) jowar
d) sugarcane

8. An economy is at the ‘take off’ stage on its path to development when it

a) becomes stagnant
b) begins steady growth
c) is liberalized
d) gets maximum foreign aid

9. Which among the following treaties provided for a common currency for the member countries of European Community?

a) Brussels Treaty
b) Geneva Convention
c) Maastricht Treaty
d) Treaty of Versailles

10. SEBI stands for

a) Science and Engineering Board of India
b) Securities and Exchange Board of India
c) Social Equity Bureau of India
d) Science and Educational Board of India

11. With which of the following lies the basic regulatory authority for mutual funds and stock markets?

a) Reserve bank of India
b) Government of India
c) SEBI
d) Stock Exchanges

12. With which aspect of commerce are ‘Bulls and Bears’ associated?

a) Foreign Trade
b) Stock Exchange market
c) banking
d) international finance

13. Which of the following is the basic characteristic of Oligopoly?

a) a few sellers, one buyer
b) a few sellers, many buyers
c) a few sellers, a few buyers
d) many sellers, few buyers

14. State Financial Corporations give assistance mainly to develop

a) small and medium scale industries
b) agricultural farms
c) cotton industry
d) large scale industries

15. In which of the following fields was the first co-operative movement in India initiated?

a) agricultural credit
b) farming activities
c) consumer co-operation
d) agricultural marketing

Answers

1. TRYSEM
2. railways
3. NABARD
4. Central Statistical Organization
5. Excise duty on liquor
6. tea
7. jowar
8. begins steady growth
9. Mastricht Treaty
10. Securities and Exchange Board of India
11. SEBI
12. Stock Exchange market
13. a few sellers, many buyers
14. small and medium scale industries
15. agricultural credit

1. Which of the following taxes is a progressive tax?

a) income tax
b) custom tax
c) sales tax
d) excise duty

2. In which year was the policy of population planning adopted by the government of India?

a) 1947
b) 1956
c) 1952
d) 1962

3. Which of the following taxes is/are levied by the Union and collected and appropriated by the states?

a) stamp duties
b) passenger and good tax
c) estate duty
d) taxes on newspapers

4. The terms TRIPS and TRIMS are related to

a) NAFTA
b) SAPTA
c) EFTA
d) GATT

5. In which year was the new liberalized industrial policy announced in India?

a) 1989
b) 1990
c) 1991
d) 1992

6. During which Five Year Plan was the annual growth rate of National Income the lowest?

a) second plan
b) third plan
c) fifth plan
d) sixth plan

7. Chelliah Committee of 1992 deals with the overhauling of our

a) public sector undertakings
b) financial system
c) tax system
d) patents and copyrights

8. Economic planning is an essential feature of

a) capitalist economy
b) socialist economy
c) mixed economy
d) dual economy

9. Which among the following is an essential characteristic of mixed economy?

a) co-existence of small scale and large scale industries
b) co-existence of private and public sectors
c) assigning equal importance to both agriculture and heavy industries
d) co-existence of the rich and the poor

10. What is the value of goods and services produced in a country within a year called?

a) National income at factor cost
b) net national output
c) net national product at market prices
d) gross national product at market prices

11. Which of the following deals with economic offences?

a) MISA
b) NSA
c) TADA
d) COFEPOSA

12. In India, inflation is measured by

a) wholesale price index number
b) consumer price index for urban non-manual workers
c) consumer price index for agricultural workers
d) national income deflation

13. Which of the following programs meets the credit needs of poor women?

a) Mahila Samriddhi Yojna
b) Rashtriya Mahila Kosh
c) Indira Mahila Yojna
d) Mahila Samakhya Programme

14. National income is the

a) Net National Product at Market price
b) Net National product at factor coast
c) net domestic product at market price
d) net domestic product at factor cost

15. Which of the following programs aims at the promotion of savings among rural women?

b) Rashtriya Mahila Kosh
c) Mahila Samriddhi Yojna
d) Indira Mahila Yojna
e) Javhar Rozgar Yojna

Answers

1. income tax
2. 1952
3. stamp duties
4. GATT
5. 1991
6. Third Plan
7. tax system
8. socialist economy
9. co-existence of private and public sectors
10. gross national product at market prices
11. COFEPOSA
12. National Income deflation
13. Rashtriya Mahila Kosh
14. net domestic product at market price
15. Mahila Samriddhi Yojna

1. What happens to marginal cost when average cost increases

a) Marginal cost is below average cost
b) Marginal cost is above average cost
c) Marginal cost is equal to average variable cost
d) Marginal cost is equal to average cost

2. Development means economic growth with

a) price stability
b) social change
c) inflation
d) deflation

3. Which one of the following is more effective in controlling prices in the long run?

a) decrease in production
b) increase in production
c) decrease in the rate of interest
d) increase in the rate of employment

4. Through open market operations, the RBI purchase and sell

a) foreign exchange
b) gold
c) government securities
d) all of these

5. A firm is said to be of optimum size when

a) average total cost is at a minimum
b) marginal cost is at a minimum
c) marginal cost is equal to marginal revenue
d) the firm is maximizing its profit

6. All revenues received, loans raised and money received in repayment of loans by the Union government go into

a) Public account of India
b) Contingency fund of India
c) Consolidated fund of India
d) None of the above

7. The law of demand states that

a) demand increases with increase in income
b) when income and prices rise, the demand also rises
c) when price falls, demand increases
d) when price increases, demand increases

8. The balance of payment comprises

a) a current account of goods and services only
b) a capital account of financial assets only
c) official settlement accounts only
d) all of these

9. What is Net National Product?

a) The money value of final goods and services produced annually in the economy
b) The money value of annual service generation in the economy
c) The money value of tangible goods produced annually in the economy
d) The money value of tangible goods available in the economy

10. Other things being equal, what causes a decrease in demand?

a) rise in the price of the substitute
b) fall in the price of the commodity
c) rise in the income of the consumer
d) rise in the price of the commodity

11. Deflation is

a) deficit budget
b) reduction in taxation
c) contraction in volume of money or credit that results in a decline of price level
d) increase in public expenditure

12. Bank rate means

a) interest rate charged by moneylenders
b) interest rate charged by scheduled banks
c) rate of profit of the banking institution
d) the official rate of interest charged by the central bank of the country

13. Which agency estimates the national income of India?

a) Reserve Bank of India
b) Planning Commission
c) Ministry of Finance
d) Central Statistical Organization

14. What is Gross National Product?

a) the total output of goods and services produced by the country’s economy
b) the total domestic and foreign output claimed by residents of the country
c) the sum of gross domestic product and investment
d) national income minus national expenditure

15. The Government of India acquired the ownership and control of major banks in 1969 whose deposits were not less than

a) Rs 40 crore
b) Rs 50 crore
c) Rs 60 crore
d) Rs 80 crore

16. What are costs which vary with output called?

a) overhead costs
b) indirect costs
c) prime costs
d) all of the above

17. Which of the following is known as plastic money?

a) bearer cheques
b) credit cards
c) demand drafts
d) gift cheques

18. To get the Net National Product, we deduct what from the Gross National Product?

a) direct taxes
b) imports
c) interim payments
d) loss

19. What is the main purpose of currency?

a) standard of postponed payments
b) standard of money
c) medium of exchange
d) none of these

20. What does devaluation of a currency mean?

a) decrease in the internal value of money
b) decrease in the external value of money
c) decrease both in the external and internal values of money
d) none of these

21. Which of the following is not a direct tax?

a) estate duty
b) agricultural income tax
c) state excise
d) corporation tax

22. Which one of the following was set up during the Seventh Five Year Plan to help the low income groups?

a) NABARD
b) Regional rural bank
c) National Housing Bank
d) UTI Bank

23. The launching of five year plans in India saw the introduction of

a) mixed economy
b) socialist economy
c) capitalist economy
d) closed economy

24. Land development banks in India are owned by the

a) RBI
b) State governments
c) Commercial banks
d) Cooperative societies

25. Which of the following taxes is levied and collected by the union, but assigned to the states?

a) sales tax
b) octroi
c) excise
d) consignment tax

Answers

1. Marginal cost is above average cost
2. social change
3. increase in production
4. all of these
5. average total cost is at a minimum
6. Consolidated fund of India
7. when price falls, demand increases
8. all of these
9. The money value of final goods and services produced annually in the economy
10. rise in the price of the commodity
11. contraction in volume of money or credit that results in a decline of price level
12. the official rate of interest charged by the central bank of the country
13. Central Statistical Organization
14. the total domestic and foreign output claimed by residents of the country
15. Rs 50 crore
16. overhead costs
17. credit cards
18. loss
19. medium of exchange
20. decrease in the external value of money
21. agricultural income tax
22. NABARD
23. mixed economy
24. Cooperative societies
25. consignment tax

1. Which is the largest commercial bank in India?

a) Reserve Bank of India
b) State Bank of India
c) ICICI Bank
d) Bank of India

2. Bank of Hindustan is the oldest bank in India. When did it start functioning?

a) 1990
b) 1770
c) 1885
d) 1892

3. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form

a) Reserve Bank of India
b) Imperial Bank of India
c) Bank of India
d) Union Bank of India

4. When was the Reserve Bank of India established?

a) 1935
b) 1920
c) 1928
d) 1947

5. When was the Imperial Bank of India nationalized to form the State Bank of India?

a) 1947
b) 1949
c) 1951
d) 1955

6. The Reserve Bank of India was nationalized in?

a) 1947
b) 1948
c) 1950
d) 1956

7. What is a Bank which has capital and reserves of over Rs. 5 lakhs called?

a) National Bank
b) Cooperative Bank
c) Scheduled Bank
d) Unscheduled Bank

8. The Export-Import (EXIM) Bank was set up in

a) 1982
b) 1983
c) 1987
d) 1985

9. Which of the following has the sole right of issuing paper notes in India?

a) Union Government
b) Reserve Bank of India
c) Ministry of Finance
d) Supreme Court

10. In India, coins and subsidiary coins are issued by

a) Union Government
b) Reserve Bank of India
c) Ministry of Finance
d) Supreme Court

11. Which of the following is entrusted with the task of receiving all money on behalf of the Government as also with the task of making payments on their behalf?

a) State Bank of India
b) Reserve Bank of India
c) Ministry of Finance
d) Union Parliament

12. When was the International Monetary Fund (IMF) established?

a) 1944
b) 1945
c) 1948
d) 1950

13). Decision taken at Bretton Woods Conference led to the formation of

a) IDA
b) IMF
c) ADB
d) IFC

14. The International Bank for Reconstruction and Development (IBRD) is better known as

a) World Bank
b) Asian Development Bank
c) IMF
d) It is known by its name

15. Which sister organization of the World Bank provides long term loans at zero interest to the poorest developing countries?

a) Asian Development Bank
b) IMF
c) International Developmental Association
d) International Finance Corporation

16. The International Finance Corporation (IFC) was established in?

a) 1956
b) 1972
c) 1985
d) 1960

17. Where is the headquarters of Asian Development Bank (ADB) situated?

a) Manila
b) Delhi
c) Bangkok
d) Hong Kong

18. Which sister organization of the World Bank helps private activity in developing countries by financing projects with long-term capital in the form of equity and loans?

a) Asian Development Bank
b) IMF
c) International Developmental Association
d) International Finance Corporation

19. Who is known as the ‘Father of Economics’?

a) Adam Smith
b) Chanakya
c) Machiavelli
d) None of these

20. Which was the first Indian Bank to introduce credit card?

a) State Bank of India
b) Central Bank of India
c) Union Bank of India
d) ICICI

21. When did India become a member of the IMF?

a) 1947
b) 1956
c) 1960
d) 1951

22. Euro is the currency of European Union. When did it come into being?

a) 1999
b) 1995
c) 2000
d) 2001

23. When did the Foreign Exchange Regulation Act (FERA) come into being?

a) 1973
b) 1975
c) 1980
d) 1981

24. When did Regional Rural Banks start functioning in India?

a) 1975
b) 1947
c) 1956
d) 1960

25. In India, income tax is levied by

a) Union Government
b) State Governments
c) Ministry of Finance
d) RBI

Answers

1. State Bank of India
2. 1770
3. Imperial Bank of India
4. 1935
5. 1955
6. 1948
7. Scheduled Bank
8. 1982
9. Reserve Bank of India
10. Ministry of Finance
11. Reserve Bank of India
12. 1944
13. IMF
14. World Bank
15. International Developmental Association
16. 1956
17. Manila
18. International Finance Corporation
19. Adam Smith
20. Central Bank of India
21. 1947
22. 1999
23. 1973
24. 1975
25. Union Government

1. The Securities and Exchange Board of India (SEBI) was established in

a) 1992
b) 1947
c) 1990
d) 1976

2. Which Five-year Plan is being implemented at present?

a) Eleventh
b) Eighth
c) Ninth
d) Tenth

3. Which of the following is not a direct tax?

a) Sales tax
b) Income tax
c) Wealth tax
d) Estate duty

4. Who is the ex-officio chairman of Planning Commission?

a) Prime Minister
b) President
c) Chief Justice of Supreme Court
d) Speaker of Lok Sabha

5. The Indian economy is

a) Capitalist
b) Socialistic
c) Mixed
d) Federal

6. Which certification indicates a guarantee of quality for agricultural food products like ghee, honey, etc.?

a) ISI
b) Agmark
c) BIS
d) All of above

7. Who was the first chairman of the Planning Commission?

a) Dr. S. Radhakrishnan
b) Jawaharlal Nehru
c) Dr. Rajendra Prasad
d) Dr. M. Vishveshwaraya

8. Who is the Deputy Chairman of Planning Commission at present?

a) Montek Singh Ahluwalia
b) B Balakrishnan
c) Manmohan Singh
d) Anil Kakodkar

9. In India farm credit is regulated by

a) SBI
b) RBI
c) NABARD
d) Union Government

10. The term of the 11th Five Year Plan is

a) 2007 – 2012
b) 2005 – 2010
c) 2008 – 2013
d) 2006 – 2011

11. When was the Tata Iron & Steel Company set up at Jamshedpur?

a) 1907
b) 1911
c) 1914
d) 1921

12. In terms of size what position does the Indian economy occupy in the world?

a) 10th
b) 12th
c) 7th
d) 9th

13. When was the General Insurance Corporation of India formed?

a) 1982
b) 1972
c) 1956
d) 1935

14. Which Five-Year Plan had adopted ‘Removal of Poverty’ as its foremost objective?

a) Second
b) Third
c) Fourth
d) Sixth

15. During the financial year 2007- 08 India recorded a GDP growth of

a) 8%
b) 8.5%
c) 9.1%
d) 9.7%

16. The economic liberalization was introduced in

a) 1991
b) 1990
c) 1985
d) 1988

17. Which industry provides the largest employment in India?

a) Chemicals
b) Textiles
c) Iron and steel
d) Jute

18. The highest denomination banknote being in circulation in India is

a) 500 rupee note
b) 1000 rupee note
c) 5000 rupee note
d) 2000 rupee note

19. Which period did the First Five-year Plan cover?

a) 1947-52
b) 1951-56
c) 1950-55
d) 1952-57

20. Who finally approves the Five-Year Plan?

a) The President
b) The Prime Minister
c) The National Development Council
d) The Planning Commission

21. When was the Decimal currency system introduced in India?

a) January 1955
b) April 1955
c) April 1951
d) April 1957

22). The Indian rupee is a legal tender in two other countries. One is Nepal. The other is

a) Pakistan
b) Sri Lanka
c) Bhutan
d) Afghanistan

23. Kerala’s shores are famous for the deposits of

a) Copper
b) Coal
c) Thorium
d) Iron ore

24. Which of the following taxes is the largest source of revenue for the Government of India?

a) Excise
b) Customs
c) Income tax
d) Corporation tax

25. The National Stock Exchange (NSE) is located at

a) Mumbai
b) New Delhi
c) Madras
d) Calcutta

Answers

1. 1992
2. Eleventh
3. Sales tax
4. Prime Minister
5. Mixed
6. Agmark
7. Jawaharlal Nehru
8. Montek Singh Ahluwalia
9. NABARD
10. 2007 – 2012
11. 1907
12. 12th
13. 1972
14. Sixth
15. 9.1%
16. 1991
17. Textiles
18. 1000 rupee note
19. 1951-56
20. The National Development Council
21. April 1957
22. Bhutan
23. Thorium
24. Excise
25. Mumbai

1. The aim of which Five Year Plan was to correct the disequilibrium in the economy?

a) First Five year plan
b) Second Five year plan
c) Third Five year plan
d) Fourth five year plan

2. Which of the following is the Central bank of India?

a) State Bank of India
b) Reserve bank of India
c) Imperial Bank of India
d) Punjab National bank

3. The Reserve Bank of India came into existence on

a) April 1, 1936
b) January 26, 1894
c) August 15, 1947
d) April 1, 1947

4. Which of the following was the first Indian bank?

a) Bank of Baroda
b) Bank of Hindustan
c) Punjab National Bank
d) State Bank of India

5. In which of the following years was power development initiated in India?

a) 1900
b) 1905
c) 1911
d) 1915

6. How many banks were nationalized in 1969?

a) 10
b) 12
c) 13
d) 14

7. Who was the Prime Minister of India when nationalization of banks took place in 1969?

a) Indira Gandhi
b) Jawaharlal Nehru
c) Lal Bahadur Shastri
d) Morarji Desai

8. At which of the following places was the first hydroelectric power station commissioned?

a) Chambal
b) Damodar
c) Mandi
d) Shivasamudram

9. Garland canal project envisages the conservation of water resources in the country through the construction of

a) dams
b) canals
c) embankments
d) none of these

10. The largest percentage of bonded labour in India belongs to

a) scheduled castes
b) scheduled tribes
c) other backward classes
d) none of these

11. In which of the following year was the mining of coal started in India?

a) 1775
b) 1774
c) 1800
d) 1805

12. Which of the following is India’s biggest dam?

a) Bhakra Nangal
b) Hirakud
c) Farakka
d) Pong Dam

13. On which river is the Pong Dam hydro electric power project built?

a) Ganga
b) Ravi
c) Beas
d) Hughly

14. In India which crop is sown on the largest area?

a) Jowar
b) wheat
c) tobacco
d) rice

15. Bakra Nangal is a joint project of Haryana, Punjab and Rajasthan. On which river is this built?

a) Yamuna
b) Sindhu
c) Sutlej
d) Ravi

16. On which river is the Hirakud dam built?

a) Godavari
b) Kaveri
c) Mahanadi
d) Narmada

17. On which river is the Tehri dam built?

a) Alakananda
b) Bhagirathi
c) Ganga
d) Hooghly

18. Which Indian state leads in the production of rubber?

a) Tamil Nadu
b) Kerala
c) Karnataka
d) Gujarat

19. Which Indian state tops in the production of gypsum?

a) Gujarat
b) Rajasthan
c) Kerala
d) Karnataka

20. Into how many PIN code zones is India divided?

a) eight
b) seven
c) six
d) nine

21. Which state has the highest percentage of people living below the poverty line?

a) Uttar Pradesh
b) Orissa
c) Bihar
d) Madhya Pradesh

22. Which of the following is the most populous city in India?

a) Mumbai
b) Delhi
c) Kolkatta
d) Chennai

23. Which Indian state has the lowest percentage of people living below the poverty line?

a) Punjab
b) Gujarat
c) Karnataka
d) Maharashtra

24. Which Indian state has the highest per capita income?

a) Haryana
b) Punjab
c) Uttar Pradesh
d) Karnataka

25. Which Indian state stands first in the production of coffee?

a) Kerala
b) Karnataka
c) Assam
d) Gujarat

Answers

1. First Five year plan
2. Reserve bank of India
3. April 1, 1936
4. Bank of Hindustan
5. 1900
6. 14
7. Indira Gandhi
8. Shivasamudram
9. canals
10. scheduled tribes
11. 1774
12. Bhakra Nangal
13. Beas
14. rice
15. Sutlej
16. Mahanadi
17. Bhagirathi
18. Kerala
19. Rajasthan
20. eight
21. Orissa
22. Mumbai
23. Punjab
24. Punjab
25. Karnataka

Indian Economy Objective Questions

1. Which of the following steel plants was set up in collaboration with the former Soviet Union?

a) Durgapur
b) Bokaro
c) Salem
d) Bhadrawati

2. India observed a ‘Plan Holiday’ during which of the following period?

a) 1962-63 to 1965-66
b) 1966-67 to 1968-69
c) 1971-72 to 1975-76
d) 1947-48 to 1951-52

3. Before we attained independence, crude oil was produced in just one of the Indian states. Name the state?

a) Maharashtra
b) Assam
c) Gujarat
d) Bihar

4. Which of the following taxes makes the least contribution to the revenue of the Government of India?

a) wealth tax
b) income tax
c) customs
d) excise

5. The import of which of the following products costs India the maximum?

a) iron and steel
b) food grains
c) crude and petroleum
d) fertilizers

6. The biggest employer in India is?

a) BPOs
b) Indian Railways
c) LIC
d) Civil aviation industry

7. The concept of the Rolling Plan was introduced by

a) CPI
b) Congress
c) Jawaharlal Nehru
d) Janata Government

8. The Life Insurance Corporation (LIC) was set up in

a) 1956
b) 1947
c) 1949
d) 1935

9. The Indian financial year begins on

a) January 1
b) April 1
c) June 1
d) March 1

10. Who was the first Indian Governor of the RBI?

a) CD Deshmukh
b) Jawaharlal Nehru
c) MS Swaminathan
d) GV Mavalankar

11. Which of the following is not an objective of India’s economic planning?

a) agricultural growth
b) industrial growth
c) population growth
d) employment generation

12. Who among the following was the first to make an attempt to measure India’s national and per capita income?

a) Jawaharlal Nehru
b) Mahatma Gandhi
c) Dadabhai Naoroji
d) Dr DR Gadgil

GK - Indian Economy Quiz 2

1. Which of the following steel plants was set up in collaboration with the former Soviet Union?

a) Durgapur
b) Bokaro
c) Salem
d) Bhadrawati

2. India observed a ‘Plan Holiday’ during which of the following period?

a) 1962-63 to 1965-66
b) 1966-67 to 1968-69
c) 1971-72 to 1975-76
d) 1947-48 to 1951-52

3. Before we attained independence, crude oil was produced in just one of the Indian states. Name the state?

a) Maharashtra
b) Assam
c) Gujarat
d) Bihar

4. Which of the following taxes makes the least contribution to the revenue of the Government of India?

a) wealth tax
b) income tax
c) customs
d) excise

5. The import of which of the following products costs India the maximum?

a) iron and steel
b) food grains
c) crude and petroleum
d) fertilizers

6. The biggest employer in India is?

a) BPOs
b) Indian Railways
c) LIC
d) Civil aviation industry

7. The concept of the Rolling Plan was introduced by

a) CPI
b) Congress
c) Jawaharlal Nehru
d) Janata Government

8. The Life Insurance Corporation (LIC) was set up in

a) 1956
b) 1947
c) 1949
d) 1935

9. The Indian financial year begins on

a) January 1
b) April 1
c) June 1
d) March 1

10. Who was the first Indian Governor of the RBI?

a) CD Deshmukh
b) Jawaharlal Nehru
c) MS Swaminathan
d) GV Mavalankar

11. Which of the following is not an objective of India’s economic planning?

a) agricultural growth
b) industrial growth
c) population growth
d) employment generation

12. Who among the following was the first to make an attempt to measure India’s national and per capita income?

a) Jawaharlal Nehru
b) Mahatma Gandhi
c) Dadabhai Naoroji
d) Dr DR Gadgil

13. Which of the following is a direct tax?

a) excise duty
b) sales tax
c) income tax
d) all of these

14. In India, the currency notes are printed at the Security Press at

a) Mumbai
b) Nashik
c) Delhi
d) Pune

15. Which one of the following Five Year Plans was terminated before the completion of its period?

a) Fourth
b) Fifth
c) Seventh
d) Eighth

16. The Unit Trust of India (UTI) was set up in

a) 1935
b) 1956
c) 1964
d) 1980

17. According to the NSSO Report Orissa has the highest percentage of people living below poverty line. Which state has the largest number of people living below poverty line?

a) Maharashtra
b) Uttar Pradesh
c) Bihar
d) Chattisgarh

18. Which state has the least percentage of people living below the poverty line?

a) Punjab
b) Kerala
c) Tamil Nadu
d) Bengal

19. Integrated Rural Development Programme (IRDP) was launched with the objective of improving the economic and social life of the poor living in the rural areas. When was this programme launched?

a) 1978-79
b) 1975-76
c) 1972-73
d) 1987-88

20. Which social welfare scheme was launched in 1993 with the objective of providing sustained employment to about 10 lakh educated unemployed youth during the Eighth Five Year Plan?

a) Indira Mahila Yojna
b) Prime Minister’s Rozgar Yojna
c) National Rural Employment Scheme
d) TRYSEM

21. Which state has the highest population density in India?

a) Arunachal Pradesh
b) West Bengal
c) Kerala
d) Tamil Nadu

22. Which was the first country in the world to introduce a Family Planning Policy?

a) India
b) China
c) Indonesia
d) USA

23. What is the density of population in India?

a) 390 people per sq km
b) 324 people per sq km
c) 412 people per sq km
d) 280 people per sq km

24. Which of the following states has the lowest density of population per square kilometer?

a) Arunachal Pradesh
b) Haryana
c) Punjab
d) West Bengal

25. The poor and backward states of India have conventionally been referred to as the BIMARU. Which one of the following is not a BIMARU state?

a) Bihar
b) Rajasthan
c) Bengal
d) Uttar Pradesh

Answers

1. Bokaro
2. 1966-67 to 1968-69
3. Assam
4. wealth tax
5. crude and petroleum
6. Indian Railways
7. Janata Government
8. 1956
9. April 1
10. CD Deshmukh
11. population growth
12. Dadabhai Naoroji
13. income tax
14. Nashik
15. Fifth
16. 1964
17. Uttar Pradesh
18. Punjab
19. 1978-79
20. Prime Minister’s Rozgar Yojna
21. West Bengal
22. India
23. 324 people per sq km
24. Arunachal Pradesh
25. Bengal

Indian Economy Objective Questions

1. Which Indian state stands first in the production of gold?

a) Karnataka
b) Maharashtra
c) Punjab
d) Orissa

2. The National Bank for Agriculture and Rural Development (NABARD) was formed in

a) 1982
b) 1985
c) 1980
d) 1990

3. Which Indian states lead in the production of rice?

a) West Bengal and Andhra Pradesh
b) Punjab and Haryana
c) West Benagal and Punjab
d) Haryana and Assam

4. Where is the headquarters of the Reserve Bank of India?

a) Mumbai
b) Delhi
c) Chennai
d) Kolkatta

5. Which Union Territory has the lowest percentage of people living below the poverty line?

a) Lakshadweep
b) Andaman and Nicobar islands
c) Chandigarh
d) Delhi

6. Coal is the most important traditional source of energy in India. Which position does India occupy in the global production of coal?

a) first position
b) third position
c) fifth position
d) second position

7. Which of the following banks operates in relation to the small industries?

a) SIDBI
b) IDBI
c) ICICI
d) NABARD

8. Which Indian state stands first in the production of tobacco?

a) Andhra Pradesh
b) Madhya Pradesh
c) Uttar Pradesh
d) Bihar

9. Among the following crops which is the highest foreign exchange earner for India?

a) jute
b) sugar cane
c) cotton
d) tea

10. India is the second largest producer of jute in the world. Which country stands first in the production of jute?

a) China
b) Japan
c) Canada
d) Bangladesh

11. Which Indian state stands first in the production of jute?

a) West Bengal
b) Orissa
c) Uttraranchal
d) Assam

12. In which of the following year was Planning Commission set up?

a) 1947
b) 1950
c) 1953
d) 1956

13. Which Indian state has the largest number of cotton textile mills?

a) Madhya Pradesh
b) Maharashtra
c) Gujarat
d) West Bengal

14. The National Thermal Power corporation was set up in

a) 1975
b) 1972
c) 1973
d) 1974

15. Which Indian state stands first in the production of lignite?

a) Andhra Pradesh
b) Tamil Nadu
c) Maharshatra
d) Uttar Pradesh

16. The Indian Oil Corporation was set up in

a) 1964
b) 1965
c) 1966
d) 1970

17. Which of the following pair of cities are known for the production of machine tools, heavy electrical machinery, ships and aeronautical parts?

a) Hyderabad and Vishakapatnam
b) Kochi and Thiruvananthapuram
c) Pune and Nasik
d) Bangalore and Mysore

18. Which Indian state stands first in the production of tea?

a) Assam
b) Karnataka
c) Kerala
d) Orissa

19. In which year was the Gas Authority of India Ltd set up?

a) 1982
b) 1983
c) 1984
d) 1985

20. Which of the following is the oldest large scale industry in India?

a) cotton textiles industry
b) jute and jute goods industry
c) coir and coir products industry
d) iron and steel industry

21. With the aid and collaboration of which of the following countries was the Durgapur steel plant set up in India?

a) United Kingdom
b) United States of America
c) Russia
d) Germany

22. The steel plants at Bhilai and Bokaro were built with the aid and collaboration of

a) United Kingdom
b) USSR
c) USA
d) Germany

23. Where is the headquarters of the Indian petro-chemicals corporation?

a) Mumbai
b) Guwahati
c) Vadodara
d) Visakhapatnam

24. The Ennore Thermal power station is in

a) Tamil Nadu
b) Andhra Pradesh
c) Maharashtra
d) Karnataka

25. The Hirakud hydroelectric power project is in

a) Madhya Pradesh
b) Orissa
c) Uttar Pradesh
d) Punjab

Answers

1. Karnataka
2. 1982
3. West Bengal and Andhra Pradesh
4. Mumbai
5. Lakshadweep
6. fifth position
7. SIDBI
8. Andhra Pradesh
9. jute
10. Bangladesh
11. West Bengal
12. 1950
13. Maharashtra
14. 1975
15. Tamil Nadu
16. 1964
17. Hyderabad and Vishakapatnam
18. Assam
19. 1984
20. cotton textiles industry
21. United Kingdom
22. USSR
23. Vadodara
24. Tamil Nadu
25. Orissa