Indian Economy MCQs

Indian Economy Multiple Choice Questions (MCQs) for State and UPSC Civil Services Examinations. Objective Questions on Indian Economy for competitive examinations.

41. Which among the following is the main objective of SLR?
1. Control credit expansion of bank
2. Ensure the solvency of commercial banks
3. To meet the commitments of banks on a later date
Choose the correct option from the choice given below:

[A] 1,2 and 3
[B] 1 and 2 only
[C] 2 anad 3 only
[D] 3 only

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42. What is an Alternate investment fund?

[A] Fund set up by government for long term investment
[B] Pooled investment of investors for lending to big projects
[C] Pooled investment of investors for short term lending
[D] Pooled investment of investing in stock market

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43. How many stock exchanges are there in India?

[A] 2
[B] 4
[C] 5
[D] 7

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44. How many members are there in Monetary policy committee?

[A] 3
[B] 5
[C] 6
[D] 8

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45. What is the initial corpus of National Infrastructure investment fund(NIIF) ?

[A] Rs 20,000 crores
[B] Rs 30,000 crores
[C] Rs 40,000 crores
[D] Rs 50,000 crores

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46. Which of the following is / are correct statements regarding agriculture in India?

  1. Agriculture is the biggest private sector in India
  2. Agriculture income bears no income tax burden

Select the correct option from the codes given below:

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

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47. Where is Palam airport located?

[A] Delhi
[B] Mumbai
[C] Hyderabad
[D] Chennai

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48. Which city is the largest coal-producing city in India?

[A] Dhanbad
[B] Bilaspur
[C] Ranchi
[D] Hutar

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49. Which country has the largest Anthracite reserves in the world?

[B] Australia
[C] Canada
[D] India

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50. Which among the following country is not a signatory of the Nuclear Non-Proliferation Treaty?

[A] India
[B] Australia
[C] Barbados
[D] Canada

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