UPSC/SSC G.K. Economy Quiz 18

1.Who formulated the monetary policy in India ?
(a) SEBI
(b) RBI
(c) Financ Ministry
(d) Planning Commission

2. Which of the following organisations/banks has done a commendable work in the field of micro-finance was awarded Nobel Prize also in the past ?
(a) Grameen Bank of Bangladesh
(b) CRY
(c) ASHA
(d) NABARD

3. Which of the following is considered an informal method of getting credit/finance ?
(a) internet Banking
(b) Branch Visits
(c) Telebanking
(d) Going to Moneylenders

4. The head office of the National Bank for Agriculture and Rural Development (NABARD) is located in:
(a) Lucknow
(b) Hyderabad
(c) New Delhi
(d) Mumbai

5. the outline of Second Five Year Plan was made by:
(a) B.N. Gadgil
(b) V.K.R.V. Rao
(c) P.C. Mahalanobis
(d) C.N. Vakil

6. Who wrote a book describing the theory of economic drain of India during British rule ?
(a) Late Lajpat Rai
(b) Mahatma Gandhi
(c) Jawahar Lal Nehru
(d) Dadabhai Naoroji

7. Which one of the following is a development expenditure ?
(a) Irrigation expendition
(b) Civil administration
(c) Debt services
(d) Grant-in-Aid

8. Structural unemployment arises due to:
(a) Deflationary conditions
(b) heavy industry bias
(c) Shortage of raw materials
(d) Inadequate productive capacity

9. The standard of living in a country is reprented by its:
(a) Poverty Ratio
(b) Per Capita Income
(c) National Income
(d) Unemployment Rat

10. Which State in India is estimated to have the largest coal reserves in India ?
(a) Bihar
(b) Jharkhand
(c) Madhya Pradesh
(d) Orissa

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