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

A: 1949

B: 1950

C: 1951

D: 1952



1950


Q: Parallel economy refers to:

A: Traditional economy

B: Black money

C: Agriculture based economy

D: Socialist economy



Black money


Q: Which of the following was established in 1990 as a wholly owned subsidiary under the Small Industries Development Bank of India Act, 1989 ?

A: RBI

B: SIDBI

C: ICICI

D: NABARD



SIDBI


Q: ICDS was first introduced in India in the year

A: 1975

B: 1977

C: 1979

D: None of these



1975


Q: Which prograrnme gave the slogan, Garibi Hatao ?

A: 4th Five Year Plan

B: 5th Five year plan

C: 6th Five Year Plan

D: 7th Five year plan



5th Five year plan


Q: Which activity is not included in service sector ?

A: Trade, hotels and restaurants

B: Real estate, finance and insurance

C: Transport and communication

D: Electricity, gas and water supply



Electricity, gas and water supply


Q: Which among the following in India has the function of recommending Minimum Support Prices for various commodities to the Government ?

A: National Farmers Commission

B: Commission for Agricultural Costs and Prices

C: Central Statistical organization

D: Department of Agriculture



Commission for Agricultural Costs and Prices


Q: Where is the headquarter of Reserve Bank of India (RBI) situated ?

A: Chennai

B: New Delhi

C: Kolkata

D: Mumbai



Mumbai


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: The equilibrium condition for money market is:

A: demand for money should be equal to supply of money

B: cash in hand should be equal to deposits in bank

C: saving is equal to investment

D: bank rate is equal to repo rate



demand for money should be equal to supply of money
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