1. Which state ranks first in terms of the maximum number of agro-based industries?
Punjab
2. Of which bills Open market operations of a Central Bank are sale and purchase?
Trade bills
3. For international payments, to which currency is the Indian currency linked?
American Dollar
4. Where are the headquarters of IMF and World Bank located?
Both Washington DC
5. In which year was Railway Budget in India separated from general budget?
1924-25
6. With which India’s progress has been reasonably satisfactory in connection?
Growth of GNP
7. Upon which development the Second Five Year Plan laid mote stress?
Industrialisation
8. Which authority sanctions foreign exchange for the import of goods?
Reserve Bank of India
9. What is the inflation experienced in the country at present?
Cost-push inflation
10. How is Share of Direct tax in post economic reform?
Increasing
11. Who is the author of the book’ Economic Nightmare of India’?
Charan Singh
12. What is the grouping of organisms into categories according to a systematic plan?
Classification
13. Which is the updated base for Wholesale Price Index (WPI) ?
2004-2005
14. What is the highest denomination of currency notes in circulation as legal tender in India at present?
Rs. 1000
15. What is the main source of fund for the National Highway Authority of India?
Cess
16. In India, in which was the service tax first introduced?
1994
17. Under which do all taxes come?
Revenue receipts
18. How many members are there in the International Finance Corporation?
184
19. Who is called the ‘Father of Economics’?
Adam Smith
20. By whom was concept of Five Year Plans in India introduced?
Jawaharlal Nehru
21. Finance Commission consists of how many members?
A Chairman and three other members
22. Which Public Sector bank’ emblem figures a dog and the words ‘faithful, friendly’ in it?
Syndicate Bank
23. What is the mean of Cheap Money?
Low Rate of Interest
24. According to the law of demand, what happens when price increases?
Demand decreases
25. Who is known as father of taxonomy?
Linnaeus
26. For how many years is rolling plan?
One year
27. Which are referred to as the developed economies?
Countries having large per capita income
28. Who was the Finance Minister of India in the Interim Government during 1946-1947?
R. K. Shanmukham Chetty
29. Who long do the World Bank and IMF give respectively?
Long term and short term credits
30. Chief Ministers of all the States are ex-officio members of which council?
National Development Council