81. The objectives of Industrial Development and Regulation Act, 1951 are below. Find the true statement
- A. allowing free play of laissez faire policy
- B. balance regional development
- C. encouragement to large scale industries
- D. concentration of economic power in the hands of the rich industrialists
- Check Answer | Discussion
82. Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two?
- A. FDI flows only into the secondary market, while FII targets primary market
- B. FII helps in increasing capital availability in general, while FDI only targets specific sectors
- C. FII helps bring better management skills and technology, while FDI brings only capital
- D. FII is considered to be more stable than FDI
- Check Answer | Discussion
83. In a perfectly competitive economy production and consumption will both be Pareto optimal, if the economy operates at a point where.
- A. there is general equilibrium
- B. output levels are below equilibrium
- C. output levels are above equilibrium
- D. consumption is less than output
- Check Answer | Discussion
84. Which of the following is the largest source of tax revenue in the India's Budget for 2013-14?
85. The value of money varies
- A. direct with the interest rate
- B. direct with the price level
- C. direct with the volume of employment
- D. inversely with the price level
- Check Answer | Discussion
- A. a company operating in several countries
- B. a company having shareholders from more than one country
- C. a company which does charitable works in poor countries
- D. a company that operates only in those countries that do not have import restrictions
- Check Answer | Discussion
87. Which one of the following is the correct decreasing sequence in terms of the value (in rupees) of the minerals produced in India in the year 2002-03?
- A. Metallic minerals-Fuel minerals-non-metallic minerals
- B. Fuel minerals-non-metallic minerals-Metallic minerals
- C. Metallic minerals-non metallic minerals-Fuel minerals
- D. Fuel minerals-non metallic minerals-Metallic minerals
- Check Answer | Discussion
88. The farmers are provided credit from a number of sources for their short and long term needs. The main source of credit to the farmers include
- A. the primary agricultural cooperative Societies, commercial banks, RRBs and private money lenders
- B. the NABARD, RBI, commercial banks and private money lenders
- C. the District Central Cooperative Banks (DCCB), the Lead Banks, IRDP and JRY
- D. the large scale multi purpose adivasis programme, DCCB, IFFCO and commercial banks
- Check Answer | Discussion
89. Which of the following is not correct?
- A. First Five Year Plan : 1951-56
- B. Second Five Year Plan : 1956-61
- C. Third Five Year Plan : 1961-66
- D. Fourth Five Year Plan : 1966-71
- Check Answer | Discussion
90. The Reserve Bank of India was established on..................and nationalized on.................. .
- A. 31st March, 1930 and 2nd October, 1947
- B. 1st April, 1935 and 1st January, 1949
- C. 2nd October, 1947 and 26th January, 1952
- D. 15th August, 1942 and 15th August, 1947
- Check Answer | Discussion
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