Economy Related Objective Questions

1. Recommendations of which committee recently provided useful suggestions for the future road map of food policy?

Ans: Shanta Kumar Committee

2. Union Finance Minister Arun Jaitley on 30 May 2015 inaugurated the new Bank Note Paper Line unit of 6000 metric tone capacity at Security Paper Mill at Hoshangabad in _____ state?

Ans: Madhya Pradesh

3. Which financial inclusion scheme launched on 28th August 2014 envisages universal access to banking facilities with at least one basic banking account for every household?

Ans: Pradhan Mantri Jan-Dhan Yojana

4. ‘BRICS' Summit for 2015 was held in:

Ans: Ufa (Russia)

5. What is a voluntary labeling scheme for easily identifying environment friendly products that was launched in 1991, even before the 1992 Rio Summit?

Ans: Eco- mark

6. The father of Co-operative movement:

Ans: Robert Owen

7. The Co-operative act introduced in India:

Ans: 1904

8. Due to miserable failure of which Plan was the government forced to declare Plan holidays" (from 1966-69)?

Ans: Third Plan

9. The issue of ‘Net Neutrality' came to news in April 2015 after the announcement of a platform by airtel that allegedly would create disparity among internet users in India. What is the name of this platform?

Ans: Airtel Zero

10. Which body was established on 12th July 1982 by a special act by the Parliament with the purpose to uplift rural India by increasing the credit flow for elavation of agriculture & rural non farm sector?

Ans: NABARD

11. On which recent date did the NITI Aayog replace the Planning Commission as a policy think-tank of Government of India?

Ans: 1st January 2015

12. Under Article 280 of the Indian Constitution, which body has been asked to define the financial relations between the centre and the state and make recommendation to the President with regard to the same?

Ans: Finance Commission  

13. The Second Plan established three steel plants in the public sector Bhilai (with assistance of USSR), Durgapur (with assistance of UK), and Rourkela with assistance of _____?  

Ans: Germany

14. RBI on the recommendation of which committee directed all Banks and Non-banking Financial Institutions to attain capital adequacy within a certain period?

Ans: Narasimham

15. Which body formulates, implements, and monitors the monetary policy as well as ensures an adequate flow of credit to productive sectors?  

Ans: Reserve Bank of India

16. Which term is used for the money value of all goods and services produced in a country during a year?

Ans: National Income

17. The propounder of the term 'Hindu rate of growth':

Ans: Raj Krishna

18. First Deputy Chairman of planning commission was:

Ans: Gulsarilal Nanda

19. The Govt. launched the Rajiv Gandhi Scheme for Adolescent Girls' for the well being and overall empowerment of adolescent girls as a piolet project in 200 most backward districts of the country. This scheme is also known as:

Ans: Sabla

20. The plan is associated with Indira Gandhi's slogan ‘Garibi Hatao'?  

Ans: Fifth

21. The 'Growth with Social Justice and Equality' was the main focus of plan?

Ans: Ninth 

VILLAGES ADOPTED UNDER SAGY:

w  Narendra Modi - Jayapura ( UP)

w  Sachin Tendulkar - Puttam Rajuwari (Andhra)

w  Sonia Gandhi - Uduwa (UP)

w  Rahul Gandhi - Deeh (UP)

w  Manmohan Singh - Pachim Bekeli (Assam)