Module 1
- What is the feature of Indian economy?
Lack of industrialization
Gold
Global
Gap analysis
- What is the feature of Indian economy?
Cash
Lack of capital
Debt
Bank balance
- India has total of 1,269,219 km 2 of cultivable area, of which 56.75% of its total which kind od area?
land
sale of raw material
sale of assets
sale of business
- In which valley civilization, agriculture was practiced, animals were domesticated, weights and measures were used?
China
Japan
Indus
Sale of business
- During the maurya empire almost the whole India was under the rule of which empire?
Milk
Nuts
Single
Flowers
- India imported in old days from Persian gulf which type of product?
Flowers
Milk
Nuts
Pearl
- India imported in old days from Persian gulf which type of product?
Flowers
Nuts
Milk
Wool
- India imported in old days from Persian gulf which type of product?
Milk
Nuts
Flowers
Gold
- India imported in old days from Persian gulf which type of product?
Flower
Deciding dividends
Nuts
Metals
- Select the some products which are exported to the market in Europe, Asia and Africa.
Bank
Cotton
FDI
Rice
Module 2
- Recent development in infrastructure financing in India includes which of the following?
Privatization of seaports
PBIT
Sale of sugar
Sale of oil
- Main sector of the economy includes which of the following?
Agriculture and allied business
Cash cost
Operating cost
Sale of oil
- Main sector of the economy includes which of the following?
Industry sector
Operating cost
Sunk cost
Sale of oil
- Main sector of the economy includes which of the following?
Service sector
Sale of oil
Cash income
Sale of sugar
- India has more than 65% of its population below the age of?
35
45
55
15
- Recent development in infrastructure financing in India includes which of the following?
Improvement in participation by capital market
Fund flow
Debt
Cash
- Recent development in infrastructure financing in India includes which of the following?
Increasing participation by commercial bank
Net price value
Net pool cash
Net past value
- Recent development in infrastructure financing in India includes which of the following?
Increase in PPP project
Operating income
Investing income
Financing income
- Recent development in infrastructure financing in India includes which of the following?
Introduction of built, operate and transfer
Cash expenditure
Cash deposit expenses
Capital exempt
- Recent development in infrastructure financing in India includes which of the following?
Privatization of airports
Zoo projects
Water treatments
EB
Module 3
- The Govt of India is introducing a new AGRI-UDAAN programme to mentor start-ups and to enable them to connect with potential ________
Investors
Dividend
Debt management
Debt
- The Govt of India plans to triple the capacity of the_______ processing sector
Food
High
Valuation
Debt
- The Govt of India has allowed 100 per cent _____in marketing of food products.
FDI
Stock price
Stock
Value
- The Govt of India has allowed 100 per cent _____in marketing of food products.
Evaluating the financial soundness of the banks.
Stock
Stock price
Cash bonds
- The Govt of India has allowed 100 per cent _____in marketing of food products.
Giving directions and guidance on matters of supervision
Stock
Stock price
Cash bonds
- The Govt of India has allowed 100 per cent _____in marketing of food products.
Recommending training for inspecting officers of NABARD
Government bonds issue
Stock price
Cash bonds
- Agriculture marketing involves the following activities:
Grading
Convertible bonds sale
Stock price
Sale of crops
- Agriculture marketing involves the following activities:
Processing
Inflation index bonds purchase
Stock price
Sales of crops
- What do you mean by the Soil HC?
Soil hour card
Soil health card
Soil hell card
Soil his card
- NABARD helps in what?
Fixed deposit
Refinancing
Cash help
Crowd funding
Module 4
- The What is the contribution of Industrial sector in employment generation? (2016)
20%
18%
14%
25%
- Under MSME Act, 2006, what is the investment limit for a firm in the service sector to be treated as a small enterprise?
Below 10 lakhs
Below 25 lakhs
Between 10 lakh and 2 crores
Between 2 crores and 5 crores
- Who was the chairman of Monopoly Inquiry Commission?
Mr. P.C. Mahalanobis
Mr. dattatreya gopal karve
Mr. k.c. dasgupta
Mr. c.h. hanumantha rao
- According to MRTP Act,1969, what was the limit of asset ownership to be treated as a monopoly?
20 crores
40 crores
50 crores
10 crores
- Which Act replaced MRTP Act?
IPR 1977
FERA
FEMA
competition Act
- What proportion of Net Bank Credit of Private and Public sector banks is allotted for priority sector?
20%
40%
30%
50%
- Which sector under IPR 1948 was considered as a means of rehabilitating displaced persons?
Large scale industry
Agriculture
Capital goods
Small scale sector
- In order to protect the interest of small-scale producers, within how many days is the buyer liable to make payment?
30 days
15 days
45 days
60 days
Interpret the following diagram and answer the following question:
- What is the percentage of population engaged in agriculture in India?
Slightly more than 50%
Less than 50%
Cant be determined
Less than 40%
- Roughly, what is the contribution of industrial sector in GDP in China?
Around 10%
Around 20%
Around 70%
Around 40%
Module 5
- In which year did economic liberalization take place in India?
1951
2001
1991
1981
- After economy liberalization, India’s pace of economic growth was second only to:
USA
Japan
China
UK
- Which sector has the highest contribution in GDP in recent times?
Primary sector
Tertiary sector
Secondary sector
Keeps changing every year
- Which sector is going to benefit directly with the development of freight corridors?
Logistics
Telecommunication
Tourism
IT
- Which among the following is NOT a characteristic of service?
Intangible production and consumption take place simultaneously
Doesn’t require much of customer involvement
Time element is very important
- To what extent is FDI allowed in single brand retail?
50%
40%
60%
100%
- Where does India’s e-learning sector stand?
Largest
No where
Second largest
Fourth largest
- What is the FDI limit in AYUSH (alternate medicine) sector in India?
50%
40%
100%
Not allowed
Answer the following question based on the graph:
- Which year witnessed lowest contribution to growth in GDP in agriculture sector?
2010-11
1950-51
2000-01
1960-61
- Roughly after which year service sector exceeded agriculture sector in GDP contribution?
1990-91
2000-01
1980-81
1960-61
Module 6
- What is the impact of growing population on government’s social expenditure?
Increases
Decreases
No change
Can increase or decrease
- As per 2016, what was India’s Infant Mortality Rate?
35 deaths per 1000 live births
49 deaths per 1000 live births
28 deaths per 1000 live births
41 deaths per 1000 live births
- In which year India witnessed a negative growth rate?
1901
1941
1921
1911
- During which period was India’s growth rate very slow?
1921- 1951
1891-1921
1951- 1981
1981- onwards
- By which year is India’s population expected to exceed that of China’s?
2040
2025
2035
2030
- How many language families exist is India?
Four
Five
Three
Six
- What is the percentage of world population living in India?
15%
17%
19%
12%
- According to Neo-classical model, there is correlation between population growth and:
Environmental degradation
Savings
Technological advancement
Food supply
Answer the questions based on the following graph
9. Which state has had the highest working age ratio so far?
Kerala
Bihar
Uttar Pradesh
Tamil nadu
10.Which State is projected to have highest working age ratio by 2041?
Kerala
Bihar
Uttar Pradesh
Tamil nadu
Mid Term
- If in an economy, the role of government is limited and government doesn’t participate in economic decision making, what kind of economy is it?
Socialist system
Planned economic system
Laissez faire system
Mixed system
- A major part of India's wealth during British rule was transported to England without getting any economic return to India, who propounded this theory?
Annie besant
Dadabhai naoroji
G.K.Gokhle
Romesh Chandra Dutt
- Ram wants to start his own organic farming with modern techniques but is in need of funds, which program will help him?
Prahan mantra krishi sinchai yojana
e- Rakam
AGRI-UDAAN
SAMPADA
- The body that performs function of refinancing financial institutions providing loans for agricultural purposes and promoting rural development in India is:
NABARD
RBI
SEBI
NITI Aayog
- An apex bank that was set up to ensure timely flow of credit to Small Scale Enterprises was:
IRBI
ICICI
SIDBI
IFCI
- Pawan buys raw material on credit from a small scale enterprise, according to MSME development Act, within how many days should he make the payment?
30 days
45 days
60 days
90 days
- Service sector is the most important sector of India because:
It contributes highest share in GDP of India
It accounts for highest employment share
It accounts for highest share in exports
All the above reasons
- If in a particular agreement with government, private sector invests in a particular infrastructure project, maintains it for a specified period and then transfers it to government, which model is this operation based on?
BOT
Privatization
OMT
DCMF
- Gross Domestic Product will be equal to Gross National Product when:
Depreciation is zero
Net factor income from abroad is zero
Net indirect taxes is zero
They can never be equal
- X is a manufacturing enterprise that makes an investment of 2 crores in plant and machinery, as per MSME Development Act,2006 which category will this enterprise fall into?
Tiny enterprise
Medium enterprise
Micro enterprise
Small enterprise
- Which company among these would be covered under MRTP Act?
Company that supplies one fifth of total market supply
Company that supplies one fourth of total market supply
Company that supplies one third of total market supply
Company that supplies one tenth of total market
- M is a private sector bank, what is the percentage of Net Bank Credit that it needs to allot to priority sector?
40%
25%
30%
20%
- If NDP of a country is 17,000 crores and value of depreciation is 250 crores, what will be the value of GDP?
17000 crores
17250 crores
18000 crores
16750 crores
- If Z is a country with a development path similar as that of China, which sector had the maximum contribution to GDP in the second phase of development?
Secondary sector
Primary sector
Primary sector
All had equal share
- If National income is adjusted for population , then it becomes:
National income at constant prices
Nominal income
Real national income
Per capita national income
Module 7
- A situation where a person seems to be working but his contribution to the work is nil is called:
Open unemployment
Disguised unemployment
Structural unemployment
Cyclical unemployment
- Kind of unemployment that is highly prevalent in agricultural sector is:
Seasonal unemployment
Cyclical unemployment
Friction unemployment
Structural unemployment
- Which body is responsible for measuring the rate of unemployment?
CSO
NSSO
ISI
RBI
- What does BPL stand for?
Before Poverty Line
Between Poverty Line
Below Poverty Line
Best Poverty Line
- What was the impact of 1991 reforms on unemployment?
Adverse effect
Favorable effect
No effect
No relation between the two
- Which body was the nodal agency to make poverty estimates?
Planning commission
NABARD
RBI
FICCI
- When did MGNREGA start?
2004- 05
2009-10
2007- 08
2000- 01
- Who led an expert group to make poverty estimates in India in 2012?
Prof. Suresh Tendulkar
Mr. K.C.Dasgupta
Amartya Sen
Abhijeet Banerjee
- If a person’s day wise activity status for previous seven days is taken into account, then what is the measure being used?
Relative poverty
Absolute poverty
Comparative poverty
None of the above
- The use of HPCR to measure poverty implies that poverty is measured in terms of:
Relative poverty
Absolute poverty
Comparative poverty
None of the above
Module 8
- Who was the first Chairperson of Planning Commission?
Dr. B.R. Ambedkar
Dr. Rajendra Prassad
Pandit Jawahar Lal Nehru
Shri Vallabh Bhai Patel
- Which plan was based on Rao- Manmohan Singh model of growth?
Sixth Plan
Ninth Plan
Eighth Plan
Tenth Plan
- Which objective of Planning focusses on increase in productive capacity and is measured on the basis of growth of GDP?
Economic growth
Self- reliance
Reduction of economic inequalities
stability
- Which revolution was started in the Fourth Plan to modernize agriculture?
Operation flood
Green revolution
White revolution
Golden revolution
- Which plan coincided with South East Asian Financial Crisis?
Tenth plan
Ninth plan
Seventh plan
Eighth plan
- Which type of planning is long term?
Annual plans
Five- year plans
Twenty- point programme
Perspective Plan
- Under whose supervision was Twenty Point Programme launched?
Smt. Indira Gandhi
Mr. Manmohan Singh
Pt. Jawahar Lal Nehru
P.V. Narsimha Rao
- What does NITI stand for?
National Institution for technical India
National Institution for Technological India
National Institution for Transforming India
National Institution for Team India
- In which Five-year plan, India experienced highest actual growth rate?
Ninth plan
Tenth plan
Eleventh plan
Sixth plan
- What was the actual growth rate in Ninth Plan?
Around 6.5%
Around 5.4%
Around 6.9%
Around 7%
Module 9
- The FDI limit on investment in hotel and tourism industry after liberalisation
was
50%
80%
100%
40%
- Which of the following is not a reason for privatisation?
To increase efficiency of PSUs
To generate government revenue to be used in welfare expenditure
To make private sector more powerful
To reduce losses of Government
- Which body was formed to quicken up foreign investment proposals?
BIFR
FIPB
SEBI
NISC
- When was the first generation of reform initiated?
1980
1991
2001
1999
- Which index is used for measuring income inequalities?
Gini coefficient
Consumer price index
Poverty ratio
Human development index
- As per 1948 reforms, what kind of ownership did aircraft manufacture and
ship building come under?
Purely government onward
Private and cooperative
Controlled private sector
Public cum private sector
- Under 1991 reforms, how many Public Sector Units were granted autonomy?
9
10
25
None of the above
- What was the reason behind inflation during 1991 crisis?
Failure of crop
Poor monsoons
High procurement prices of agricultural crops
Increased level of income of people
Answer the following questions based on the graph:
- In which year, GDP growth rate was highest and exceeded 9%?
2004- 05
2006- 07
2010- 11
1998- 99
- What was the growth rate in 2001-02?
Around 6%
Around 2%
Around 4%
Around 5%
Module 10
- Where is the headquarter of WTO?
New york
Hague
Geneva
Paris
- What does VER stand for?
Voluntary Export Regulations
Voluntary Export Restraints
Verifiable Export Restraints
Verifiable Export Regulations
- What does BOP stand for ?
Balance of purchases
Best of payments
Balance of payments
Best purchases
- Who introduced the concept of Swadeshi?
Pandit Jawahar Lal Nehru
Anna Hazare
Mahatme Gandhi
B.R. Ambedkar
- Country where the headquarter of Multinational Corporation lies is known as:
Home country
Main country
Head country
Host country
- WTO agreement based on Intellectual Property rights is known as:
TRIMS
AOA
TRIPS
SPM
- Which one is an example of non-debt creating capital?
Foreign aid
Foreign loan
Foreign Direct Investment
Foreign borrowing
- If prices rise at a very high rate that can reach even 1000% is known as:
Creeping inflation
Running inflation
Galloping inflation
hyperinflation
- Which one of the following will NOT be recorded on credit side of BOP?
Exports of good and services
Borrowing from abroad
FDI made abroad
FDI made in the country
- If an NRI purchases shares of Essar Steel limited, India, what kind of
investment is it?
Foreign Direct Investment
Greenfield Investment
Portfolio Investment
Brownfield Investment
Module 11
- BSE stands for:
Bombay Stock Exchange
Board of stock exchange
Board of security exchange
Board of security exchange
- Equity market and debt market are classifications of Finance market on the
basis of:
Structural framework
Issuance of securities
Nature of securities
Delivery
- Which body is not a part of Money market?
Commercial banks
Investment houses
Insurance companies
Saving institutions
- IBRD stands for:
International board for Reconstruction and Development
International Bureau of Reconstruction and Development
International Board for Restructuring and Development
International Bank for Reconstruction and Development
- Which market is also called “The Fourth Market”?
Stock Exchange
Over-the-counter
Primary market
Commercial Banks
- Which among the following financial instruments is a time deposit?
Promissory note
Certificate of deposit
Common shares
cheques
- Which one is not a function of IMF?
To help countries facing BOP difficulties
To promote foreign exchange stability
To settle trade disputes between countries
To promote international monetary cooperation
- Which one of the following is not included under General Insurance?
Life insurance
Insurance against theft
Insurance against accident of vehicles
Health insurance
- If I want to invest in a security where I am not interested in voting rights or decision making but want to earn fixed interest and want my return to be secured, which type of security should I invest in?
Preference shares
Equity shares
Debentures
None
- If want to be covered by an insurance policy where I want the total amount on maturity and don’t mind paying a higher premium, which type of policy should I go for?
Money back policy
Term plan
Whole life policy
Endowment plan
Module 12
- The difference in impact of different greenhouse gases in causing global warming is measured by:
Global warming potential
Geological warming differential
Geological warming potential
Global warming Differential
- How many members were a part of The Paris Agreement by 2017?
170
195
150
193
- Which country received largest amount of single country support through Climate Finance in 2016?
Ukraine
Chile
Brazil
India
- How many Sustainable Development Goals are there?
10
15
17
13
- Under Paris Agreement, how much worth of monetary support is to be provided by developed nations to the developed ones?
USD 100 billion
USD 50 billion
USD 150 billion
USD 200 billion
- Which among the following is not a Green investment?
Industrial Pollution control
Reforestation
Construction of roads
Energy efficiency
- Under Sustainable Energy Policy, what should be contribution of general public in reducing carbon foot print per day?
½ kg
1 kg
1.5 kg
¼ kg
- What does NDC stand for?
Net Determined Contribution
Nominally Determined Contribution
Nationally Determined Contribution
New Determined Contribution
Answer the following questions based on the below bar graph:
- How many countries have per capita CO2 emissions below 4 metric tonnes?
4
5
2
3
- What is the USA’s contribution to Carbon emission?
Less than 14 metric tonnes
Less than 12 metric tonnes
Little more than 15 metric tonnes
More than 16 metric tonnes
End Term
- Raj has taken a break from job as he wants to pursue full time MBA, what kind of unemployment will this be?
Frictional unemployment
Disguised unemployment
Structural Unemployment
Cyclical unemployment
- Due to uncertainty that India was surrounded with, example Chinese Attack on India, what kind of Planning system was suggested and adopted in India?
Indicative planning
MPLADS
Rolling plan
Twenty point Programme
- With the exception of six industries, Private sector was allowed to undertake production even without license. Under what kind of reform does this come?
Privatization
Globalization
Modernization
Liberalization
- If Ranbaxy comes up with a new medicine which will be traded in the other countries also, which agreement under WTO will protect it patent rights?
TRIMS
AOA
TRIPS
SPM
- The overall net export of gems and jewellery stood at US$ 29.01 billion in FY20. How will this transaction be recorded in Balance of payment?
Debit side current a/c
Debit side capital a/c
Credit side capital a/c
Credit side current a/c
- In Venezuela, prices rose to 41% in 2013, and by 2018 inflation was at 65,000%.What kind of inflation is this?
Creeping inflation
Galloping inflation
Hyperinflation
Moderate inflation
- Member nations of Paris Agreement have agreed to limiting rise in global temperature below 1.5⁰C. Under which point of the agreement is it covered?
Mitigation
Loss and Damage
Support
adaptation
- In order to check Rajat's employment status, his activity status of everyday of the previous seven days is taken into account, what kind of measure is being used?
Current weekly status unemployment
Usual status unemployment
Current daily status unemployment
None of the above
- During Planning period, measures were taken to promote exports and substitute imports. These steps were in compliance with which objective?
Economic growth
Poverty alleviation
Modernization
Self reliance
- HPCL,BPCL,ONGC,BHEL were provided with managerial autonomy. What kind of reform was this?
Globalisation
Privatization
Liberalization
De-reservation
- If India fixes the number of cars that can be imported from Korea, which trade instrument is being used by India?
Import quota
Voluntary export
Import tariff
Export tariff
- Which kind of operation will be undertaken in primary security market?
Burger king, India makes and Initial Public offer
Preeti wants to sell her reliance shares
Raj wants to buy shares of SBI at BSE
Share price of kalian jewelers went down at NSE
- X wants to buys shares where he enjoys voting rights and doesn't mind even if the dividend is variable as higher profits of the company means higher returns too, what kind of share should he invest in?
Preference shares
Preferred stock
Common shares
debentures
- Volksvagen plans to set up a new plant at Chakan, what kind of investment is this?
FDI
Foreign Aid
Fll
Domestic investment
- If one wants to measure the inequality in distribution of income, which index should be used for the purpose?
Consumer price index
Poverty index
Gini coefficient
Wholesale price index
