Q1.In an economy, the sectors are classified into public and private on the
basis of
basis of
Anonymous Quiz
10%
(a) employment condition
37%
(b) nature of economic activities
47%
(c) ownership of enterprises
7%
(d) use of raw materials
Q2.Economic liberalisation in India started with
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55%
(a) substantial changes in industrial licensing policy
21%
(b) the convertibility of Indian rupee
21%
(c) doing away with procedural formalities for foreign direct investment
3%
(d) significant reduction in tax rates
Q3.Which of the following areas has been excluded, by the Ministry of
Corporate Affairs, from the ambit of Corporate Social Responsibility
(CSR) activities?
Corporate Affairs, from the ambit of Corporate Social Responsibility
(CSR) activities?
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11%
(a) livelihood enhancement and rural development projects.
56%
(b) contributions made ‘directly or indirectly’ to any political party
11%
(c) promoting preventive health care and sanitation.
22%
(d) making safe drinking water available would be considered as CSR activities.
Q4.Which of the following commissions / companies of Indian origin
signed a pact for obtaining oil-blocks in Libya?
signed a pact for obtaining oil-blocks in Libya?
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25%
(a) Reliance petroleum
36%
(b) Oil India Ltd.
36%
(c) ONGC
4%
(d) BPCL
Q5.Which company, adopted the Taj Mahal through the ‘Clean India
Campaign’ of tourism ministry?
Campaign’ of tourism ministry?
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29%
(a) Indian oil
29%
(b) BPCL
19%
(c) HPCL
23%
(d) ONGC
Q1.Classification of an enterprise into public or private sector is based
on
on
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0%
(a) number of employees in the enterprise
63%
(b) ownership of assets of the enterprise
25%
(c) employment conditions for workers in the enterprise
13%
(d) nature of products manufactured by the enterprise
Q2.According to the Companies Act, 2013, ‘nominal capital’
implies
implies
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0%
(a) such part of capital, which has been called for payment
35%
(b) the maximum amount of share capital of a company
43%
(c) such part of capital, which has been received by a company from its shareholders
22%
(d) such capital as the company issues from time to time for subscription
Q3.Which one of the following is not a feature of the Nehru-Mahalanobis
model of development strategy?
model of development strategy?
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14%
(a) Development of capital goods industries
14%
(b) Major involvement of the State in the economy
64%
(c) Industrial deregulation and disinvestment in the public sector
9%
(d) Enhancing the scope and importance of the public sector
Q4.When was the Board of Industrial and Financial Reconstruction (BIFR) established by the Government of India?
Anonymous Quiz
5%
(a) 1985
68%
(b) 1986
23%
(c) 1987
5%
(d) 1988
Q5.During the episode of sustained fall in crude oil prices during the year
2015, which among the following best describes the pricing strategy of
the OPEC countries?
2015, which among the following best describes the pricing strategy of
the OPEC countries?
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14%
(a) Transfer pricing
48%
(b) Predatory pricing
28%
(c) Defensive pricing
10%
(d) Profit maximising prices
Q1.A firm will be of optimum size when
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14%
(a) Marginal cost is at a minimum
17%
(b) Average cost is at a minimum
66%
(c) Marginal cost is equal to marginal revenue
3%
(d) The firm maximises its output
Q2.Which of the following is India’s first Credit Information Company
(CIC)?
(CIC)?
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32%
(a) CRISIL Limited
24%
(b) CRIF High Mark CIC (P) Limited
16%
(c) Experian CIC of India (P) Limited
28%
(d) Trans Union CIBIL Limited
Q3.As per the RBI guidelines, which one of the following is the minimum
tenure of Masala Bonds that an Indian Company can issue offshore?
tenure of Masala Bonds that an Indian Company can issue offshore?
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30%
(a) Five years
19%
(b) Four years
48%
(c) Three years
4%
(d) Two years
Q4.The financial instrument, through which Indian companies can raise
money from overseas market in Rupees, is known as
money from overseas market in Rupees, is known as
Anonymous Quiz
9%
(a) RBI Bonds
15%
(b) Gold Bonds
52%
(c) Masala Bonds
24%
(d) Overseas Bonds
Q5.The major aim of devaluation is to
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61%
(a) Encourage exports
16%
(b) Encourage imports
21%
(c) Encourage both exports and imports
3%
(d) Discourage both exports and imports
Q1.Which of the following is not a feature of India’s economic planning?
Anonymous Quiz
25%
(a) Limited centralisation
21%
(b) Democratic solution
46%
(c) Planning of imperative nature
8%
(d) Planning of indicative nature
Q2.Which of the following is true?
Anonymous Quiz
8%
(a) Financial planning is more important than physical planning
25%
(b) Physical planning is more important than financial planning.
42%
(c) Physical and financial planning are equally important.
25%
(d) Physical and financial planning are complementary.
Q3.Which one of the following is not included in the Agriculture and Allied
Services of Indian Economy?
Services of Indian Economy?
Anonymous Quiz
4%
(a) Fishing
4%
(b) Forestry
65%
(c) Logging
27%
(d) Food Processing
Q4.Which sector is the backbone of Indian economy?
Anonymous Quiz
19%
(a) Service Sector
12%
(b) Financial Sector
0%
(c) Tourism Sector
69%
(d) Agriculture Sector
Q5.The standard of living in a country is represented by its
Anonymous Quiz
18%
(a) Poverty ratio
75%
(b) Per capita income
7%
(c) National income
0%
(d) Unemployment rate
