Quiz 652: Indian Economy for SSC and State Exams

1. Which of the following organisations assist a country with the adjustment process under its Extended Fund Facility?
[A] Asian Development Bank
[B] World Bank Group
[C] International Monetary Fund (IMF)
[D] New Development Bank (NDB)

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2. Which of the following is not a traditional Rabi crop in India?
[A] Chick pea
[B] Mustard
[C] Pigeon Pea
[D] Wheat

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3. Which of the following is/are Money Market Instruments?
[A] Treasury Bills
[B] Commercial Papers
[C] Certificate of Deposits
[D] All of the above

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4. Bank Rate is defined as the rate at which:
[A] RBI lends short term loans to commercial banks
[B] a commercial bank can lend to its customers
[C] RBI lends long term loans to commercial banks
[D] the commercial banks are able to borrow overnight funds from RBI

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5.  Consider the following statements about Mixed Economy system:

  1. It combines the features of both capitalist and socialist market
  2. India is an excellent example of mixed economy system

Which of the above statements is/are correct?

[A] 1 Only
[B] 2 Only
[C] Both 1 & 2
[D] Neither 1 nor 2

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6. Consider the following statements about the Commission for Agricultural Costs & Prices (CACP):

  1. It is mandated to recommend minimum support prices (MSPs)
  2. Union Agriculture Minister is the ex-officio chairperson of the commission

Which of the above statements is/are correct?

[A] 1 Only
[B] 2 Only
[C] Both 1& 2
[D] Neither 1 nor 2

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7. India is the biggest producer, as well as the largest consumer and importer of which of the following crops?
[A] Wheat
[B] Cotton
[C] Sugarcane
[D] Pulses

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8. Consider the following statements about Natural rubber (NR) production in India:

  1. Rubber plantation in India is confined to the states of Kerala and Tamil Nadu
  2. As of now, India is the largest producer of natural rubber in world

Which of the above statements is/are correct?

[A] 1 Only
[B] 2 Only
[C] Both 1 & 2
[D] Neither 1 nor 2

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9. The jute crop is grown in which of the following states of India?

  1. Uttar Pradesh
  2. Bihar
  3. Meghalaya
  4. West Bengal

Select the correct option from codes given below:

[A] 1, 2, 3 & 4
[B] 2, 3 & 4 Only
[C] 3 & 4 Only
[D] 4 Only

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10. Consider the following statements about Jute Production in India:

  1. India is the world’s largest producer of raw jute and jute goods 
  2. West Bengal is the largest producer of Jute in the country

Which of the above statements is/are correct?

[A] 1 Only
[B] 2 Only
[C] Both 1 & 2
[D] Neither 1 nor 2

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Comments

  • VIVEK kumar
    Reply

    Thanks

  • PKVNATH
    Reply

    SUPERB TOO GOOD

  • Sharath
    Reply

    Fabulous

  • Sharath
    Reply

    Super super sir

  • shanna
    Reply

    very help full

  • lohith
    Reply

    good tricky questions…

  • shivakumar.karadakal
    Reply

    Use full

  • Anamika
    Reply

    We have been. very. helped

  • basan
    Reply

    We happy to read and i hope it bring success

  • Azad
    Reply

    Very good

  • Basavaraj
    Reply

    Not bad

  • Siddharam Koodagi
    Reply

    Superb

  • G.SRINIVAS GADHAR
    Reply

    ಬಹಳ ಪೂರ್ಣ ಸಹಾಯವಾಗುತ್ತದೆ good information tq sir