1. Operation blackboard aims at ____
Promoting adult literacy
2. In India, present trend of rapid urbanization is due to ____
Lack of employment opportunities in rural areas
3. Under the provision of national rural employment guarantee act 2005, women are to get priority to the extent that one half of persons who are given employment are women who have asked for work. True or false
TRUE
4. What is the minimum calorie intake decided by the planning commission for rural and urban areas respectively ____
2400 and 2100
5. For which purpose government launched the Rajiv awas yojana?
To provide affordable houses to slum dwellers and the urban poor
6. Which amount of insurance cover provided to the workers of the unorganized sector under rashtriya swasthya bima yojana?
Rs.30,000
7. Government does not provide direct financial assistance to jeevan sathi yojana. True or false
TRUE
8. When the productive capacity of the economic system of a state is inadequate to create sufficient number of jobs it is called?
Structural unemployment
9. Poverty in less developed countries is largely due to ____
Income inequality
10. Who presented the first union budget of independent India?
Rk shammukham chetty
11. First bank in India was ____
Bank of Hindustan
12. Full form of IFSC is ____
Indian financial system code
13. What is known as the open market operation of the RBI?
Trading in securities
14. The ratio of a bank’s cash holdings to its total deposit liabilities is called the ____
Cash Reserve Ratio
15. In a business, raw materials, components, work in progress and finished goods are jointly regarded as ____
Inventory
16. The difference between the GNP and NNP is equal to the ____
Capital depreciation
17. Interest on public debt is a part of ____
Transfer payments by the government
18. Examples of infrastructure investment are ____
Power project, railways project, telecommunications
19. Merchant banking is an institution which provides finances to ____
International trade among countries
20. The method of calculating the national income by the method is otherwise known as ____
Net output method
21. Who are the creditors of corporation?
Both Bond and Stock holders
22. Equilibrium price means ____
Price determined by demand and supply
23. One of the objectives of Industrial Licensing Policy in India was to ensure ____
Free flow of foreign capital in Indian industries
24. Which is the first public sector corporation of independent India?
Damodar Valley Corporation
25. Which one of the following taxes is collected and utilized by the State Governments?
Land revenue
26. What is “book-building”?
A process of inviting subscriptions to a public offer of securities, essentially through a tendering process
27. Under the minimum reserve system, the Reserve Bank of India as the sole authority of note issue is required to maintain assets worth not less than ____
200 cores of rupees
28. Which of the following is the biggest head of non-plan expenditure of Government of India?
Interest payments
29. When marginal utility is zero, the total utility is ____
Maximum
30. Which one of the following currencies has the highest value in terms of rupee?
Pound