Indian Economy MCQs

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

51. How the National Urban Housing & Habitat Policy 2007 seeks realize its goal of ” Affordable Housing For All’ ?

[A] By incentivizing state to encourage low cost construction
[B] By promoting various types of public-private partnerships
[C] By allowing FDI in construction
[D] By deregulating the Construction sector

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52. The terms Entry Load and Exit Load are most frequently used in context with the following?

[A] Health Insurance
[B] Real Estates
[C] Mutual Funds
[D] Housing Loans

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53. Which among the following is oldest?

[A] Federation of Indian Chambers of Commerce and Industry
[B] Confederation of Indian Industry
[C] Indian Merchants’ Chamber
[D] Indian Banks’ Association

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54. Which of the following had appointed the Raghuram Rajan Committee to recommend steps to modernize the financial sector?

[A] Reserve Bank of India
[B] Ministry of Finance
[C] Planning Commission
[D] None of them

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55. Industrial Licensing was finally abolished in India in which of the following years ?

[A] 1990
[B] 1991
[C] 1992
[D] 1995

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56. The recommendation of Shivraman Committee led to the establishment of which among the following?

[A] National Electronic Fund Transfer (NEFT)
[B] National Bank for Agriculture and Rural Development (NABARD)
[C] Small Industries Development Bank of India (SIDBI)
[D] Central Board for Direct Taxes (CBDT)

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57. Mutual Funds are regulated in India by which among the following?

[A] RBI
[B] SEBI
[C] Stock Exchanges
[D] RBI and SEBI both

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58. Which among the following is the only correct statement?

[A] Money market meets long term financing needs
[B] Recession in industrial sector in India is normally due to fall in exports
[C] Ways and means advances is given by RBI are nowhere related to State’s revenue
[D] Exchange rate is fixed by RBI

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59. In which among the following types comes the Interest Rate Risk?

[A] Credit risk
[B] Market risk
[C] Operational risk
[D] All the above categories

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60. Which among the following is popularly known as mercantile law of India ?

[A] Contract Law
[B] Law of Torts
[C] Labour Law
[D] Property Law

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