UPSC/SSC G.K. Economy Quiz 12

1. Only one of the following can be the ex-officio Chairman of the Planning Commission.He is the:
(a) Minister for Planning and Development
(b) Home Minister
(c) Prime Minister
(d) Finace Minister

2. Which of the following is an extra-constitutional body ?
(a) Union Public Service Commission
(b) Finance Commission
(c) Election Commission
(d) Panning Commission

3. The most literate Union Territory in India is:
(a) Delhi
(b) Lakshadweep
(c) Chandigarh
(d) Pondicherry

4. Where was electricity supply first introduced in India ?
(a) Kolkata
(b) Darjeeling
(c) Mumbai
(d) Chennai

5. Which of the following organisations/agencies is specifically set up to boost overall rural development in India ?
(a) RBI
(b) SIDBI
(c) NABARD
(d) SEBI
(e) None of these

6. Which is NOT a source of Agriculture finance in India ?
(a) Co-operative Societies
(b) Commercial Banks
(c) Regional Rural Banks
(d) None of these

7. National Renewal Fund was constituted for the purpose of:
(a) Providing Pension for retiring employees
(b) Social security
(c) Rural reconstruction
(d) Restructuring and modernisation of industries

8. The one rupee note bears the signature of the:
(a) Secretary, Ministry of Finance
(b) Governor, RBI
(c) Finance Minister
(d) None of these

9. Which from the following is NOT true when the interest rate in the economy goes up ?
(a) Saving increases
(b) Lending decreases
(c) Cost of production increase
(d) Return on capital increase

10. The concept of sustainable development relates to:
(a) Consumption levels
(b) Exhaustible resources
(c) Intergenerational equity
(d) Social Equity

Answer- 1. (c) 2. (d) 3. (b) 4. (b) 5. (a) 6. (d) 7. (d) 8. (a) 9. (d) 10. (c)