Practice Quiz set 6 - indian economy mcq Online Quiz (set-1) For All Competitive Exams
Q-1) In India ‘Report on Currency and Finance’ is the annual publication of
(a)
(b)
(c)
(d)
In India, ‘Report on Currency and Finance’ is the annual publication of the Reserve Bank of India.
The report highlights the evaluation or devaluation of the rupee as a currency along with it other aspects and projects the financial condition of the economy.
Q-2) Consider the following statements about the second Five Year Plan : - Priorities were given in the production of iron and steel and heavy engineering and machine building industries.
- Strengthening the oil exploration and coal in India.
Which of the statements given above are correct?
(a)
(b)
(c)
(d)
According to the Second Five Year Plan the priorities were given in the production of iron and steel and heavy engineering and also to strengthen the oil exploration and coal.
Q-3) Which company adopted the Taj Mahal through the ‘Clean India Campaign’ of tourism ministry?
(a)
(b)
(c)
(d)
With an aim to attract more visitors to the country by improving cleanliness and hygiene at tourist destinations, Tourism Ministry launched the “Clean India” campaign at the world heritage site Taj Mahal, which has been adopted by ONGC.
It is the second site to be covered under this project. The first one was Qutub Minar.
Q-4) The base year of present Consumer Price Index (CPI) for Urban Non-Manual Employees (CPI— UNME) is—
(a)
(b)
(c)
(d)
Q-5) What is/are the recent policy initiative(s) of Government of India to promote the growth of manufacturing sector? - Setting up of National Investment and Manufacturing Zones.
- Providing the benefit of ‘single window clearance’.
- Establishing the Technology Acquisition and Development Fund.
Select the correct answer using the codes given below:
(a)
(b)
(c)
(d)
Q-6) Anna International Airport is situated in which city?
(a)
(b)
(c)
(d)
Anna International Airport is located in Chennai of Tamil Nadu. First international airport to get ISO-9001-2000 certification.
Q-7) In which state the arrival of foreign tourists was maximum according to the data of tourism ministry in 2012?
(a)
(b)
(c)
(d)
In Maharashtra, the arrival of foreign tourists was maximum according to the data of the Tourism Ministry in 2012.
Maharashtra received the highest number of foreign tourists in the country with nearly 4.8 million tourist arrivals in 2011.
Maharashtra was followed by Tamil Nadu and New Delhi, which welcomed 3.4 million and 2.2 million foreigners respectively in the same period.
Q-8) With the reference to the public sector undertaking in India, consider the following statements :
- Minerals and Metals Trading Corporation of India limited is the largest non-oil importer of the country.
- Project and Equipment Corporation of India Limited is under the ministry of industry.
- One of the objectives of Export Credit Guarantee Corporation of India Limited is to enforce quality control and compulsory pre-shipment inspection of various exportable commodities.
Which of the above statement(s) are correct ?
(a)
(b)
(c)
(d)
Q-9) Consider the following statements: Small-Scale industries are in most cases not as efficient as and competitive as the large scales ones. Yet the government provides preferential treatment and reservation in a range of products to the small firms because small industries
- Provide higher employment on a par unit capital development basis.
- Promote a regional dispersion of industries and economic activities.
- Have promoted better in the export of manufacture products than the large scales one.
- Provides jobs to low skills workers, who otherwise may not find employment avenues elsewhere.
Which of the above statement(s) are correct?
(a)
(b)
(c)
(d)
Q-10) With reference to India, consider the following Central Acts
- Import and Export (Control) Act, 1947
- Mining and Mineral Development (Regulation) Act, 1957
- Custom Act, 1962
- Indian Forest Act. 1927
Which of the above Acts has relevance to bearing on the biodiversity conservation in the country?
(a)
(b)
(c)
(d)
Important Govt. of India Central Acts and Rules having Relevance to Biodiversity Conservation:
- Fisheries Act, 1897,
- Destructive Insects and Pests Act, 1914,
- The Indian Forest Act, 1927,
- Agricultural Produce (Grading and Marketing) Act, 1937,
- Indian Coffee Act, 1942,
- Import and Export (Control) Act, 1947,
- Rubber (Production and Marketing) Act, 1947,
- Tea Act, 1953,
- Mining and Mineral Development (Regulation) Act, 1957,
- Prevention of Cruelty to Animals Act, 1960,
- Customs Act, 1962,
- Cardamom Act, 1965,
- Seeds Act, 1966,
- The Patents Act, 1970,
- Wildlife (Protection) Act, 1972,
- Marine Products Export Development Authority Act,1972,
- Water (Prevention and Control of Pollution) Act, 1974,
- Tobacco Board Act, 1975,
- Territorial Water, Continental Shelf, Exclusive Economic Zone and other Maritime Zones Act, 1976,
- Water (Prevention and Control of Pollution) Cess Act, 1977,
- Maritime Zones of India (Regulation and Fishing by Foreign Vessels) Act. 1980,
- Forest (Conservation) Act, 1980,
- Air (Prevention and Control of Pollution) Act, 1981,
- Agricultural and Processed Food Products Export Development Authority Act, 1985/1986,
- Environment (Protection) Act, 1986,
- Spices Board Act, 1986,
- National Dairy Development Board, 1987 etc.