Indian Economy MCQs
Indian Economy Multiple Choice Questions (MCQs) for SSC, State and all One Day Examinations of India. Objective Questions on Indian Economy for competitive examinations.
31. Which country has the largest Television market in the world?
[A] China
[B] India
[C] USA
[D] Australia
Show Answer
Correct Answer: A [China]
Notes:
China has the largest television market in the world. India is at number 2 .
32. Which country has the largest network of expressways?
[A] China
[B] Russia
[C] United States
[D] India
Show Answer
Correct Answer: C [United States ]
Notes:
Expressways, the roads meant for high-speed traffic, are confined largely to the developed countries. In fact, the length of such roads in some of the developed countries is more than the total length of roads in some of the less developed countries. US (more than 74,000 km) has the largest network of expressways.
33. Who lends money to banks under MSF?
[A] NABARD
[B] SIDBI
[C] Consolidated fund of Indis
[D] RBI
Show Answer
Correct Answer: D [RBI]
Notes:
MSF stands for Marginal standing facility. It is the peal rate for the banks as it allows them to borrow by breaching SLR and CRR rates. RBI lends money under MSF.
34. From which country India adopted the Inflation targeting approach?
[A] Australia
[B] New Zealand
[C] USA
[D] None of the above
Show Answer
Correct Answer: B [New Zealand]
Notes:
India adopted the Inflation targeting approach from New Zealand. It is a pioneer in that approach. It is to keep inlfation in a particular range.
35. What is the payment interval in Dated Securities?
[A] Monthly
[B] Yearly
[C] Half Yearly
[D] Bi-Monthly
Show Answer
Correct Answer: C [Half Yearly]
Notes:
Dated securities have fixed maturity and fixed coupon rates payable half-yearly. They are identified by their year of maturity.
36. What is the minimum value of a real Estate Project to be listed in stock exchange?
[A] 100 crroes
[B] 200 crores
[C] 500 crores
[D] 1000 crores
Show Answer
Correct Answer: C [500 crores]
Notes:
The minimum value of a project to be listed on the stock exchange is 500 crores for real estate project. The minimum IPO size shouldn’t be less than 250 crores.
37. In which city is the headquarters of IDBI located?
[A] Delhi
[B] Chennai
[C] Mumbai
[D] Bangalore
Show Answer
Correct Answer: C [Mumbai]
Notes:
Industrial Development Bank of India (IDBI Bank Limited or IDBI Bank or IDBI) was established in 1964 by an Act to provide credit and other financial facilities for the development of the fledgling Indian industry. It became a commercial bank in 2004.
38. Which of the following factors don’t affect the demand for a commodity?
[A] Price of commodity
[B] Income of individual consumer
[C] Want of the consumer
[D] Price of related good
Show Answer
Correct Answer: C [Want of the consumer]
Notes:
Demand for a commodity is the quantity of that commodity which an individual (or buyer) is willing to purchase at different prices within a given period of time. Market demand means the total quantity of a commodity that all its buyers are willing to purchase at different prices over a given period of time. Demand for a commodity depends on a number of factors. The important factors that affect an individual demand for a commodity are: (i) price of the commodity, (ii) income of the individual consumer, (iii) price of related goods and (iv) tastes and preferences of the individual.
39. Which among the following is not a function of NCIIPC?
[A] Protect critical infrastructure of the country
[B] Reduce vulnerability in cyber Infrastructure
[C] Frame Strategy for international cooperation for protection of infrastrcture
[D] None of the above
Show Answer
Correct Answer: D [None of the above]
Notes:
NCIIPC stands for National critical Information Infrastrcture Protection Centre(NCIIPC). It is created under IT act,2000. It is to Protect critical infrastructure of the country.
40. Which of the following is best allocated in PPP?
1. Risk
2. Resources
3. Responsibilities
4. Ownership
Choose the correct option from the choices given below:
[A] 1 and 2 only
[B] 1,2 and 3
[C] 1,3 and 4
[D] All of the above
Show Answer
Correct Answer: B [1,2 and 3]
Notes:
The following is best allocated in PPP(Public-Private Partnership)
1. Risk
2. Resources
3. Responsibilities
4. Rewards
Ownership is generally with the government only.
