introduction to indian economy section 3 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 14 EXERCISES
-
Top 500+ Basic Indian Economy GK MCQ Quiz For SSC IBPS »
-
New Indian Economy GK MCQ Quiz PDF For UPSC/IAS Prelims »
-
Basic Indian Economy Concepts MCQs Quiz For RRB NTPC Exam »
-
New 499+ Fundamentals of Indian Economy MCQ Quiz For IBPS »
-
555+ Indian Economy Concepts Basics Fundamentals MCQ Quiz »
-
Top 500+ Indian Economy GK MCQs Quiz PDF For SSC UPSC RRB »
-
New 499+ Indian Economy GK Question And Answers Quiz PDF »
-
Best 500+ Indian Economy General Knowledge MCQ Quiz PDF »
-
500+ Indian Economy General Studies Online MCQ Quiz PDF »
-
New 500+ Indian Economy Basic Static GK MCQ Quiz For IBPS »
-
500+ Introduction to Indian Economy GK MCQ Quiz For SSC »
-
800+ Latest Indian Economy GK Questions & Answers MCQ PDF »
-
1000+ Indian Economy GK Questions And Answers Quiz PDF »
-
1000+ Indian Economy Basic Concepts GK MCQ PDF For SBI PO »
The following question based on Introduction to Indian Economy topic of indian economy mcq
(a) list of items to be subsidised
(b) the items to be imported by the private agencies
(c) list of items to be granted duty concession
(d) items to be imported only by the State owned undertaking
The correct answers to the above question in:
Answer: (d)
The Export-Import Policy announced on March 31, 1992, said that all goods, except those coming under the negative list, could be freely imported and exported.
The negative list consisted of goods, the import or export of which was prohibited; restricted through licensing or otherwise; or canalized. Canalized items can be imported by Canalizing Agency only and not by an individual importer.
An individual importer requires an Import licence issued under the Export and Import Policy for importing canalized items.
Discuss Form
Read more introduction Based Indian Economy Questions and Answers
Question : 1
Which of the following occupations are included under secondary sector as per the national income accounts ?
- Manufacturing
- Construction
- Gas and water supply
- Mining and quarrying
a) 1, 2 and 4
b) 1, 2 and 3
c) 1, 2, 3 and 4
d) 3 and 4
Answer »Answer: (b)
Primary sector-Agriculture, fishing, mining and quarrying
Secondary sector- Manufacturing and construction, Gas and water supply
Tertiary sector- trade, transport etc, finance & real estate, community and personnel services
Question : 2
The implementation of Jawahar Rojgar Yojana rests with
a) District Collectors
b) Gram Panchayats
c) State Governments
d) Union Government
Answer »Answer: (d)
Jawahar Rozgar Yojana (JRY) is a poverty alleviation scheme, which falls under the category of works program for the creation of supplementary employment opportunities.
Its implementation vests with the Union government, though Gram Panchayats were to be involved in the planning and implementation of the programme.
Question : 3
Which from the following is not a Navaratna PSU ?
a) BHEL
b) SAIL
c) NTPC
d) Shipping Corporation of India
e) None of These
Answer »Answer: (e)
Navaratna was the title given originally to nine Public Sector Enterprises (PSEs), identified by the Government of India in 1997 as having comparative advantages, which allowed them greater autonomy to compete in the global market. The number of PSEs having Navaratna status has been raised to 16.
In 2009, the government established the Maharatna status, which raises a company's investment ceiling from Rs. 1,000 crore to Rs. 5,000 crore.
SAIL, NTPC are now Maharatna; while Bharat Heavy Electricals Limited and Shipping Corporation of India Limited are navaratna companies.
Question : 4
Which among the following is the full form of CAGR.
- Compound Annual Growth Rate
- Country Annual Growth Rate
- Country Annual Growth Region
- Compound Annual Growth Region
a) 2 only
b) 3 only
c) 1 only
d) 4 only
Answer »Answer: (c)
Question : 5
The ‘sunrise industries’ imply
a) chemical industry
b) sunflower oil industry
c) computer industry
d) petrochemicals and electronics industry
Answer »Answer: (d)
Sunrise Industry is a colloquial term for a sector or business that is in its infancy but is growing at a rapid pace.
A sunrise industry is typically characterized by high growth rates, numerous startups and an abundance of venture capital funding. A sunrise industry is often characterized by a high degree of innovation.
Examples of sunrise industries include hydrogen fuel production, space tourism, electronic goods (high-technology industries that hold the promise of future development), etc.
Question : 6
Which amidst the following is a PSU ?
a) ICICI Bank
b) Bank of Rajasthan
c) Corporation Bank
d) Citibank
Answer »Answer: (c)
Corporation Bank is a public sector bank in India, based in Mangalore. Recently, it completed 107 years of existence on 12 March 2012.
GET Introduction to Indian Economy PRACTICE TEST EXERCISES
introduction to indian economy section 1
introduction to indian economy section 2
introduction to indian economy section 3
introduction to indian economy section 4
introduction to indian economy section 5
introduction to indian economy section 6
introduction to indian economy section 7
introduction to indian economy section 8
introduction to indian economy section 9
introduction to indian economy section 10
introduction to indian economy section 11
introduction to indian economy section 12
introduction to indian economy section 13
introduction to indian economy section 14
Introduction to Indian Economy Shortcuts and Techniques with Examples
Verbal Reasoning
Question & Answer Quiz
Non Verbal Reasoning
Question & Answer Quiz
Quantitative Aptitude
Question & Answer Quiz
Computer MCQ
Question & Answer Quiz
General English
Question & Answer Quiz
History GK
Question & Answer Quiz
Polity GK
Question & Answer Quiz
Geography GK
Question & Answer Quiz
Economy GK
Question & Answer Quiz
General Awareness GK
Question & Answer Quiz
Recently Added Subject & Categories For All Competitive Exams
Most Important Antonyms Vocabulary - IBPS Clerk Prelims 2024
Latest Antonyms multiple choice questions and answers with free PDFfor IBPS Clerk Prelims 2024. English Vocabulary practice exercise for all bank exam
Continue Reading »
Syllogism Practice Questions Answers PDF - IBPS Clerk 2024
Practice Verbal Reasoning Syllogism multiple choice questions and answers with Fully solved explanation, PDF for the IBPS Clerk Prelims 2024 Bank Exam
Continue Reading »
IBPS Clerk Prelims 2024 Synonyms Questions Solved Answers
Most important IBPS Clerk Prelims 2024 Synonyms and Antonyms multiple choice questions and answers with detailed solutions, English vocabulary PDF Download
Continue Reading »
New Cloze Test Questions and Answers PDF - IBPS Clerk 2024
The most important Cloze Test questions with detailed answers for upcoming IBPS Clerk prelims 2024. Latest English verbal ability practice MCQs, PDF
Continue Reading »