GK Economics and Industries-05

GK Economy and Industry(Part-V)

201.

The nodal agency for setting up of Agro-Export zones is











 : APEDA



202.

?India Vision-2020? plans to attain a GDP growth of











 : 9%



203.

In India, the deadline of the goal ?Power for all? is in the year











 : 2012



204.

?Dow Jones? is the stock index of











 : USA



205.

In India the first cement factory was started in











 : Chennai



206.

National watershed development project for rain fed area was launched in











 : 1990-91



207.

Who appoints the finance commission in every fifth year











 : The President



208.

Of the following organizations, the easiest to wind up is the



a. Multinational corporation


b. Public limited company




d. Private limited company


 : C



209.

Unclaimed dividends is shown in the balance sheet under the heading











 : Current liabilities



210.

Decentralization is











 : Increase the importance of subordinates



211.

CENVAT is related with











 : Special excise duty



212.

Income of a religious trust is chargeable to tax as income of











 : An association of persons



213.

Which commission recommended the establishment of the Reserve Bank of India











 : Hilton Young Commission



214.

UTI was set up in











 : 1964



215.

Sources of Bank?s incomes are



a. Rebate on discount bills


b. Interest on loans and investments




d. All of these


 : D



216.

The financial position of a commercial bank is reflected in its











 : Balance sheet



217.

Liquidity is the ability of the bank to convert its non-cash assets into cash easily and without ......











 : Loss



218.

Indiasoft 2003, an IT Exhibition and conference was held in











 : New Delhi



219.

The largest contributor to India?s GDP is



a. Manufacturing sector


b. Agricultural sector






 : C



220.

The first finance company to be converted into a bank in India is











 : Kothak Mahindra Finance Ltd



221.

What is the minimum permissible age for employment in any factory or mine in India











 : 14 years



222.

A cheque in India becomes stale after ..... months











 : Six



223.

Wood is the raw material for the manufacture of



a. Paper


b. Paint




d. Ink


 : A



224.

India?s oldest iron and steel industry is











 : TISCO at Jamshedpur



225.

Which of the following is not a function of the Reserve Bank of India



a. Accept deposits above Rs. 1 Crore and above for terms of 5 years


b. The banker to Govt. of India




d. The baker to banks


 : A



226.

Which bank represents India at the International Monetary Fund











 : Reserve Bank of India



227.

Kerala?s first bank Nedungadi bank merged with











 : Punjab National Bank



228.

Imperial Bank of India is now known as











 : Indian Overseas Bank



229.

?Yellow Revolution? is associated with











 : Production of cereals



230.

The gilt-edged market deals in











 : Government securities



231.

Million Wells Scheme (MWS) was started in the year











 : 1988-89



232.

Main function of RIDF is











 : Development of village roads, bridges & marshy places



233.

Mechanization of agriculture will lead to



a. Higher dose of employment


b. Higher per unit cost of operation




d. Higher utilization of resources


 : b & c



234.

NABARD is a



a. Bank


b. Bureau






 : A



235.

The largest revenue in India is obtained from











 : Excise duty



236.

Human Poverty Index is determined on the basis of











 : Backwardness in the area of Economics Education and Health



237.

Prime Minister?s Rozgar Yojana aims at helping



a. Handicapped people


b. Youth of the weaker sections




d. Women


 : C



238.

Which one is the cheapest form of transport in India



a. Railways


b. Inland waterways




d. Oceanic waterways


 : B



239.

The signature found in One rupee currency notes in India is of











 : Secretary, Ministry of Finance



240.

One of the essential qualities of a ?share? in a public limited company is that it is



a. non-transferable


b. easily transferable






 : B



241.

Who among the following is associated with ?Microsoft?



a. Andrew Grove


b. Ted Twiner




d. Rupert Murdoch


 : C



242.

In which industry pure silicon is used











 : Electronic industry



243.

The commodity for which India spends the largest amount to import is











 : Petroleum



244.

A port where no duties are levied on articles of commerce is called











 : Free port



245.

Who finally approves the draft of Five Year plans











 : National development council



246.

Who among the following Indian economists had done the pioneering work on national income



a. P.N. Dhar


b. Prof. Shenoi




d. V.K.R.V. Rao


 : B



247.

Debenture holders of a company are its



a. Creditors


b. Share holders




d. Debtors


 : A



248.

The most important role played by Agricultural Co-operative Societies in the uplifting of rural farmers is











 : Eliminating exploitation of middlemen



249.

In a capitalistic economy there is



a. Maximum production


b. Full employment






 : A



250.

What is deficit financing











 : A deliberate excess of expenditure over income