Quiz 637: Indian Economy for All Examinations June 28, 2012 1. Public Distribution System(PDS) is operated under the responsibility of the: 1.Central Government2.State GovernmentsOnly 1Only 2Both 1 and 2Neither 1 nor 22. Which of the following agricultural commodity of India gives largest in terms of export value?TeaBasmati Ricespicescotton3. Arrange the following in the descending order of the largest agricultural imports of India: 1.Pulses2.Wood and Wood Products3.Edible Vegtable Oils1-2-31-3-22-1-33-2-14. Which of the following types of economic planning is a feature of Mixed Economy? Indicative PlanningComprehensive PlanningImperative Planning Perspective Planning 5. Which of the following Price Indices of India is considered for measuring ‘Headline Inflation’?GDP DeflatorCPI-AL/RLCPI-IWWPI6. Which among the following is the oldest Public Sector Bank of India?Punjab National Bank Imperial Bank of IndiaAllahabad BankCentral Bank of India7. Consider the following Statements: Core Inflation is essentially demand driven. Core Inflation includes items that face volatile price movement. Which of the above statement(s) is/are correct?Only 1Only 2Both 1 and 2Neither 1 nor 28. Consider the following Statements regarding the Office of Economic Advisor(OEA): It is attached to the Ministry of Finance. The weekly compilation and Publication of Wholesale Price Indices (WPI) is done by the Office of Economic Advisor. Which of the Statement(s) given above is/are correct?Only 1Only 2Both 1 and 2Neither 1 nor 29. Consider the following Statements regarding Non-Banking Finance Institutions(NBFCs): NBFCs can also engage in Micro-Finance Activities. Housing-finance companies form a distinct sub-group of the NBFCs. The deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors. Which among the above Statement(s) is/are not correct?Only 11 and 3All of themNone of them10. Which of the following Statements is not correct regarding the ‘Banking Sector’ of India?At present there are 26 Nationalized Banks in India.Foreign Banks and Regional Rural Banks do not come under the category of Scheduled Commercial Banks.Banks have the freedom to regulate their own Savings Bank Deposit interest rates.Narsimham Committee is related to Banking Sector reforms.Submit Test « Previous Next »