NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc.: Economics MCQs (Practice_Test 19 of 122)
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- Which one of the following measure comes under stabilisation policies for agricultural goods?
- increase in irrigation facilities
- Adoption of high-yielding variety of seeds
- Strengthening the public distribution system
- appropriate support prices
- I is said that the Community Development Programme in India failed to achieve its purpose fully on account of the following reasons:
- Agricultural extension efforts were inadequate
- The state governments did not cooperate with the central government.
- The distribution of benefits of the programme was in fabour of the more privileged classes.
- It encouraged growth of capitalistic agriculture.
- 1,2, 3 and 4
- 1 and 2
- 1,3 and 4
- 2,3 and 4
- The mainaim of the New Industrial Policy of 1991 was to
- remove restrictions of the MRTP Act
- dismantle the public enterprises
- unshackle the Indian industrial economy from unnecessary bureaucratic controls
- remove restrictions on direct foreign investment
- What is the correct chorological sequence of the following enactments in India?
- MRTP Act
- Industries (Development and Regulation) Act.
- FERA
- Minimum Wages Act.
- Select the correct answer using the codes given below:
- 2,3, 4,1
- 2,3, 1,4
- 4,2, 1,3
- 4,2, 3,1
- Industrial licensing was abolished for all industries in 1991 except for
- small-scale industries
- industries related to security and strategic concerns
- multi-national corporations
- export-oriented industries
- The State Finance Corporations
- provide long-term finance to largescale industries provide long-term finance to large-scale industries
- provide all type of finance to largescale industries
- provide all types of finance to industries
- Act as agents of the state governments in providing finance to small-scale industries.
- Which one of the following norms should be followed in the pricing policy of public enterprises in the non-infrastructure sector in India?
- No-profit-non-loss basis
- Import-parity price
- Profitability as the basis of pricing policy
- The Break-even principle
- India՚s share in world exports in 1997 − 98 was about
- 0.6 percent
- 1.2 percent
- 2.1 percent
- 3.2 percent
- Which one of the following groups of items is included in India՚s foreignexchange reserves?
- Foreign-currency assets, Special Drawing Rights (SDRs) and loans form foreign countries
- foreign-currency assets, god holdings of RBI and Special Drawing Rights (SDRs)
- Foreign-currency assets, loans from the World Bank and special Drawing Rights (SDRs)
- Foreign-currency assets, gold holdings of RBI and loans from the World
- Bank.
- Which one of the following was the largest foreign-aid given to India in 1996 − 97?
- USA.
- Asian Development bank
- UK
- UIBRD & IDA
- The Narasimham committee I dealt with
- banking-sector reforms
- capital-market reforms
- non-banking institutions՚reforms
- insurance-sector reforms
- The case for price stability as the dominant objective of monetary policy in India rests on certain assumptions. Which one of the following is NOT a correct assumption?
- volatility in prices creates uncertainty in decision-making
- Rising prices make speculative investment more attractive.
- Rising prices create fabourable climate for promoting saving and for making optical allocation of resources have no hedge against inflation.
- rising prices affect adversely those who don՚t have the money power
- Which one of the following measures has been accorded the highest priority by the government for checking the inflationary pressure on the economy since 1990?
- Revamping the Public distribution system
- correcting the fiscal imbalance by reducing the fiscal deficit as a percentage of GDP.
- Increasing imports.
- Devaluation of the Rupee
- We have a variety of banking institutions in India as follows:
- SBI
- RBI
- RRBs
- NABARD
- The correct chronological order in which they came into being is:
- 1,2, 3,4
- 3,4, 2,1
- 2,1, 3,4
- 4,3, 2,1
- the basic aim of the Lead Bank Scheme is that:
- big banks should try to open offices in each district
- there should be stiff competition among the various nationalised banks.
- individual banks should adopt particular districts for intensive development.
- all the banks should make intensive efforts to mobilise deposits