Q: What is the 'Repo rate' ?

A: It is the rate at which International Aid Agencies lend to RBI

B: It is the rate at which the banks lend to RBI

C: It is the rate at which RBI borrows from the market

D: It is the rate at which RBI lends to banks



It is the rate at which RBI lends to banks


Q: In which year the Planning commission was set-up?

A: 1949

B: 1950

C: 1951

D: 1952



1950


Q: The purpose of land reforms was to :

A: increase the production in agriculture

B: increase the purchasing power of the rural population

C: ensure distributive justice with economic growth

D: all of the above



all of the above


Q: 'Economic Survey' is published by:

A: The Ministry of Finance

B: The Planning Commission

C: The Government of India

D: The Central Statistical Organization



The Ministry of Finance


Q: Green revolution occurred during:

A: 1945-1955

B: 1965-1975

C: 1985-1995

D: none of these



1965-1975


Q: New Industrial Policy of India was introduced in the year:

A: 1990

B: 1991

C: 1992

D: 1993



1991


Q: Scheme run under MGNREGA are sponsored :

A: by the Central Government alone

B: by the State Government alone

C: partly by the Central Government and partly by the State Government

D: by Centre, State and Panchayat bodies together



partly by the Central Government and partly by the State Government


Q: A closed economy is an economy in which:

A: the money supply is fully controlled

B: deficit financing takes place

C: only exports take place

D: Neither exports nor imports take place.



Neither exports nor imports take place.


Q: In order to control inflationary price rise, Reserve Bank directs Banks to

A: Reduce rate of interest on credit

B: Reduce Statutory Liquidity Ratio (SLR)

C: Increase Cash Reserve Ratio (CRR)

D: Buy bonds from capital market



Increase Cash Reserve Ratio (CRR)


Q: Who was the father of Operation Flood in India ?

A: Dr. Varghese Kurien

B: M. S. Swaminathan

C: A P J Abdul Kalam

D: Morarji Desai



Dr. Varghese Kurien
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