ECONOMICS MCQs

Explanation IMP FACTS SET 3

👉 1st Devolution Of IND Rupee (₹) → 1949
👉 SIDBI Headquarters → Lucknow
👉 1st Paper Currency In IND 💵 → 1861
👉 Father Of Blue Revolution → Hiralal
👉 Monetary Policy Com. → Urjit P. Committee
 भारत में राजकोषीय नीतत ककसके द्वारा तैयार की जाती है-
Fiscal Policy in India is formulated by-

(a) The Reserve Bank of India 🔰In economics and political science, fiscal
(b) The Planning Commission policy is the use of government revenue
collection and expenditure to influence a
(c) The Finance Ministry
country's economy.
(d) The Securities and
Exchange Board of India
Ans :C

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 भारतीय लघु उद्योग ववकास बक
ैं (ससडबी) की स्थापना की गई?
Small Industries Development Bank of India (SIDBI), set up in?

A. April 2, 1990 🔰It was set up on 2nd April 1990.

B. June 2, 1978 🔰 It acts as the Principal Financial Institution
C. July 2, 1998 Ans :A for Promotion, Financing and Development
of the Micro, Small and Medium Enterprise
D. August 4, 1925 (MSME) sector.
🔰Headquarters: Lucknow

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 भारत में पहली बार कागजी मुद्रा का प्रचलन ककस वषष हुआ था?
Paper currency was first started in India in which year?

A. 1787 🔰British India Issued commence with the

B. 1861 Paper Currency Act of 1861 which gave the
C. 1878 Ans :B Government the monopoly of note issuing
in India.
D. 1834 🔰 Charles Canning, was the first to
introduce paper currency in Indian
subcontinent in 1861 officially.

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 कौन सा तनकाय भारत में पूंजी बाजार को तनयूंत्रित करता है?
Which body regulates the Capital market in India?

a) Ministry of Finance 🔰The Securities and Exchange Board of

b) SEBI India (SEBI) is the regulatory authority
c) RBI Ans :B established under the SEBI Act 1992 and is
the principal regulator for Stock Exchanges
d) IRDAI in India.
Founded: 12 April 1988
Headquarters: Mumbai

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 भारतीय अथषव्यवस्था के उदारीकरण का अग्रदत ककसे कहा जाता है?
Who is called as the pioneer of liberalization of India economy?
🔰• Dr. Manmohan Singh is called the
(a) Dr. Man Mohan pioneer of the liberalization of the Indian
Singh Economy.
(b) P.V. Narsimha Rao Ans :A 🔰The Eighth five-year plan Known as Rao
and Manmohan Plan.
(c) Dr. Bimal Jalan
The Government announced the new
(d) P. Chidambaram Industrial Policy whereby it:
• Reduced import tariffs
• Opened doors for foreign direct
investment and
• Introduced a market-determined
exchange rate system.
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 कौन सा सूंगठन वास्तव में नकदी शेष बनाए रखने के सलए बक
ैं ों की तनगरानी करता है?
Which organisation monitors the banks in actually maintaining cash
balance?
A. State Bank of India 🔰A major source of the cash balance at
B. Axis Bank RBI is the Government of India and the
C. Reserve Bank of Ans :C other central banks.
🔰 They maintain their cash balances in
India form of deposits with RBI.
D. Bank of Baroda 🔰Founded: 1 April 1935, Kolkata
🔰Governor: Shaktikanta Das

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 भारत का पहला आधिकाररक जनगणना असभयान ककस वषष में शुरू ककया गया था?
India's first official census operation was undertaken in which year?

A. 1898 🔰India’s first official census operation was

B. 1867 undertaken in the year 1881. After that the
C. 1881 Ans :C census has been conducted after every 10
years. It involves a detailed estimation of
D. 1834 population size, along with a complete
demographic profile of the country.

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 आधथषक दृष्टि से वैश्वीकरण तीव्र गतत से …….. की प्रकिया है। देशों के बीच।
In Economic terms, Globalization is the process of rapid ………. between
countries.
a) Integration
🔰The correct answer is Integration.
b) Competition Globalization is the process by which
c) Investment Ans :A
ideas, goods, and services spread
d) Change throughout the world.

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 भारत में आधथषक सुिार नीततयों को सबसे पहले ककस वषष में पेश ककया गया था?
In India the economic reform policies were first introduced in which year ?

A. 1989 🔰Economic reforms were introduced in

B. 1991 the year 1991 for faster and better
C. 1982 Ans :B economic growth.
🔰It was initiated by the Narasimha Rao
D. 1993 Government for the sake of building
people's trust in the Indian economy.

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 आरबीआई बक ैं ों से ककस ब्याज दर पर उिार लेता है?
What is the interest rate at which RBI borrows from banks ?

a) Repo rate 🔰The Reserve Bank of India controls the

b) Reverse Repo rate rate of interest on loans and savings. The
c) Bank rate Ans :B rate of interest at which commercial banks
borrow money from the RBI is called the
d) Marginal Standing repo rate.
Facility

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 यपीआई का पणष रूप क्या है?
What is the full form of UPI?

a) Unified Pair Interface 🔰Unified Payments Interface (UPI) is a

b) United Paid Interface
c) Unified Payments
Interface
d) Unified Payment
income
system that powers multiple bank accounts
Ans :C into a single mobile application (of any
participating bank), merging several
banking features.
Owner: National Payments Corporation of
India
Introduced: 11 April 2016

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 आईडीबीआई की स्थापना ककस वषष में हुई थी?
IDBI was established in which year?

A. 1978 🔰Industrial Development Bank of India

B. 1998 (IDBI) was constituted under the Industrial
C. 1964 Ans :C Development Bank of India Act, 1964 .
headquarter-Mumbai
D. 1987
Founded- 1 July 1964

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 कौन से बक
ैं ऋण देने की गततववधियााँ नहीूं कर सकते हैं?
Which banks cannot undertake lending activities?

a) Payment Banks 🔰As per RBI guidelines, Payment Banks

b) Small Finance Banks cannot undertake lending activities.
c) Cooperative Banks Ans :A
payments bank is like any other bank, but
d) Regional Rural Banks operating on a smaller scale without
involving any credit risk. In simple words, it
can carry out most banking operations but
can't advance loans or issue credit cards.

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 भारत का राटरीय स्िॉक एक्सचेंज स्थावपत ककया गया था?
The National Stock Exchange of India was established in?

(a) 1990 🔰NSE was incorporated in 1992. It was

(b) 1991 recognised as a stock exchange by SEBI in
(c) 1992 Ans :c April 1993 and commenced operations in
1994 with the launch of the wholesale
(d) 1993 debt market.

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 कौन सी सूंस्था औद्योधगक उत्पादन का सचकाूंक जारी करती है?
Which organisation releases the Index of Industrial Production?

a) Central Statistics 🔰The Index of Industrial Production (IIP) is

organisation an index that indicates the performance of
b) Ministry of Finance Ans :A various industrial sectors of the Indian
economy. It is calculated and published by
c) Finance Commission the Central Statistical Organisation (CSO)
d) Indian Labour every month.
Bureau

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 भववटय तनधि और लघु बचत ककस खाते में रखी जाती है?
Provident Funds & Small savings are kept in which account?

a) Public Account 🔰Money held by the government in a

b) Consolidated fund
c) Contingecy fund Ans :A
d) None of the above
trust — such as in the case of Provident
Funds, Small Savings collections, income of
government set apart for expenditure
reserve/special Funds, etc — are kept in
the Public Account.

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 भारत अूंतराषटरीय मुद्रा कोष का सदस्य कब बना?
When did india become a member of the international monetary Fund?

(a)1952 🔰India joined the International Monetary

(b)1950 Fund on December 27, 1945, as one of the
(c)1947 Ans :D IMF's original members.
(d)1945 Managing Director: Kristalina Georgieva
Founded: July 1944,

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 ककस ससमतत ने मौद्रद्रक नीतत ससमतत के गठन की ससफाररश की है?
Which committee has recommended the formation of Monetary Policy
Committee?
a) Nachiketmor 🔰Urijit Patel Committee first proposed the
Committee idea for the formation of a five-member
b) Tendulakr Ans :D Monetary Policy Committee.
Usually the Chairman of the Monetary
Committee Policy Committee is the governor of RBI.
c) Rangarajan
Committee
d) Urjit Patel
Committee.

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 ववश्व व्यापार सूंगठन का मुख्यालय ष्स्थत है?
The Headquarters of WTO is situated in?

A. Paris 🔰The World Trade Organization (WTO) is

B. London an international organisation dealing with
C. Geneva Ans :C rules of trade between nations. It was
established on 1 January 1995 in Geneva,
D. Brussels Switzerland.
🔰It has 164 countries as its members.

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 भारत में नीली िाूंतत के जनक कौन हैं?
Who is the father of the Blue Revolution in India?

a) Hiralal Chaudhary 🔰Dr. Hiralal Chaudhuri was an Indian

b) Sam pitroda Bengali fisheries scientist.
c) Verghiese Kurien Ans :A 🔰 He was the father of induced breeding
of the carp.
d) MS.Swaminathan 🔰 The Blue revolution in India was
developed on the basis of seed production
technology.

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 भारतीय रुपये का पहला अवमल्यन कब हुआ था?
When did the first devaluation of Indian rupee took place?

A. 1987 🔰First devaluation of the Indian Rupee

B. 1978 took place on 19th September, 1949.
C. 1934 Ans :D 🔰"The Indian Rupee was devalued in
1949, 1966 and 1991.
D. 1949

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 औद्योधगक नीतत सूंकल्प 1956 के अनुसार उद्योगों को ककतनी श्रेणणयों में रखा गया?
According to the Industrial Policy Resolution, 1956 industries were laid into
how many categories?

a) 5 🔰According to the Industrial Policy

b) 6 Ans :C Resolution, 1956, industries were classified
c) 3 into three categories on the basis of
d) 7 ownership:

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 राज्य सरकार की राजस्व प्राष्ततयों का सबसे बडा द्रहस्सा आता है?
The largest share of revenue receipts of the State Government comes from?

(a) General sales tax 🔰The main source of state revenue is

(b) Land revenue state taxes, which consist primarily of
(c) Share of union Ans :A personal income taxes and general sales
taxes.
excise duty
(d) Registration fee Corporate tax is the single largest source of
income to the government of India.

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 'गरीबी के दटु चि' की अविारणा का सूंबूंि है-
The concept of 'Vicious Circle of Poverty' is related to-

(a) Karl Marx 🔰Ragnar Nurkse, an economist in 1953

(b) Ragnar Nurkse introduced the model vicious circle of
(c) Adam Smith Ans :B poverty theory to demonstrate low level of
economic activity.
(d) None of these
🔰Vicious circle of poverty implies that
poverty is the cause of poverty. A poor
person, in order to repay his existing debt,
will borrow some more, thereby adding to
his debt.

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कालष माक्सष ने तनम्नसलणखत में से ककस ससद्िाूंत की सहायता से वगष सूंघषष की प्रकिया की
व्याख्या की?
Karl Marx explained the process of class struggle with the help of which one
of the following theories?

(a) Empirical liberalism Ans :D 🔰The basic tenets of dialectical

(b) Extentialism materialism are: that everything that exists
is material and is derived from matter; that
(c) Darwin's theory of
matter is in a process and constant change;
evolution and that all matter is interconnected and
(d) Dialectical interdependent.
materialism

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