Indian Economy Questions Answers

  • 15. The increase in oil seeds production was due to ?

    1. White revolution
    2. Yellow revolution
    3. Green revolution
    4. Brown revolution
    Answer :

    Option B

  • 16. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called ?

    1. Statutory Liquid Ratio
    2. Cash Reserve Ratio
    3. Liquid Ratio
    4. Statutory Ratio
    Answer :

    Option A

  • 17. India earns maximum foreign exchange by the export of ?

    1. Iron
    2. Handloom
    3. Texttiles
    4. Tea
    Answer :

    Option D

  • 18. What is the mainstay of Indian economy ?

    1. Manufacturing
    2. Business
    3. Public sector
    4. Agriculture
    Answer :

    Option D

  • 19. The bank which has the highest number of branches in the world is ?

    1. State Bank of India
    2. RBS
    3. London Bank
    4. Canara Bank
    Answer :

    Option A

  • 20. Deficit financing implies :

    1. printing new currency notes
    2. public revenue in excess of public expenditure
    3. public expenditure in excess of public revenue
    4. replacing new currency with worn out currency
    Answer :

    Option C

  • 21. Which is the most important source of income for Government of India ?

    1. 80%
    2. 90%
    3. 100%
    4. 110%
    5. Interest
    6. Licence fee
    7. Income tax
    8. Excise duty
    Answer :

    Option

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