1. Public Distribution System (PDS) is operated under the responsibility of the:
A. Central Government
B. State Government
(a) Only A
(b) Only B
(c) Both A and B
(d) Neither A or B
ans-(c)
2. Which of the following agricultural commodity of India gives largest in terms of export value?
(a) Tea
(b) Basmati Rice
(c) Spices
(d) Cotton
ans-(b)
3. Arrange the following agricultural commodity of India gives largest in terms of export value?
1. Pulses
2. Wood and Wood Products
3. Edible Vegetable Oils
(a) 1-2-3
(b) 1-3-2
(c) 2-1-3
(d) 3-2-1
ans-(d)
4. Consider the following statements:
A. Indicative planning is a feature of Mixed Economy.
B. Perspective planning is used by socialist countries where each and every aspect of planning is controlled by the state.
Which of the above statement(s) is/are correct?
(a) Only A
(b) Only B
(c) Both A & B
(d) Neither A nor B
ans-(a)
5. Which of the following Price Indices of India is considered for measuring Headline Inflation?
(a) GDP Deflator
(b) CPI-AL/RL
(c) CPI-IW
(d) WPI
ans-(d)
6. Consider the following statements:
A. Core inflation is essential demand driven.
B. Core inflation includes items that face volatile price movement.
Which of the following statements given is/are correct?
(a) Only A
(b) Only B
(c) Both A & B
(d) Neither A nor B
ans-(a)
7. Consider the following statements regarding the Office of Economic Advisor(OEA):
A. It is attached to the Ministry of Finance
B. The weekly compilation and publication of wholesale price indices is done by the Office of Economic Advisor.
(a) Only A
(b) Only B
(c) Both A & B
(d) Neither A nor B
ans-(b)
8. Which among the following is the Oldest Public Sector Bank of India?
(a) Punjab National Bank
(b) Imperial Bank of India
(c) Allahabad Bank
(d) Central Bank of India
ans-(c)
9. Consider the following statements regarding Non-Banking Finance Institutions (NBFCs):
A. NBFCs can also engage in Micro-Finance Activities
B. Housing finance companies form a distinct sub-group of the NBFCs
c. The deposit insurance facility of the Deposit Insurance and Credit
Guarantee Corporation is not available for NBFC depositors.
Which among the above statements is/are not correct?
(a) Only 1
(b) Only 3
(c) All of them
(d) None of them
ans-(d)
10. Which among the following Public Sector Undertakings(PSUs) is the
fifth company which has been accorded the 'Maharatna' status?
(a) Coal India Limited
(b) Gas Authority of India Limited
(c) Power Grid Corporation of India Limited
(d) Bhart Heavy Electricals Limited
ans-(a)
