Quiz 637: Indian Economy for All Examinations

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1.
Public Distribution System(PDS) is operated under the responsibility of the: 1.Central Government
2.State Governments
2.
Which of the following agricultural commodity of India gives largest in terms of export value?
3.
Arrange the following in the descending order of the largest agricultural imports of India: 1.Pulses
2.Wood and Wood Products
3.Edible Vegtable Oils
4.
Which of the following types of economic planning is a feature of Mixed Economy?
5.
Which of the following Price Indices of India is considered for measuring ‘Headline Inflation’?
6.
Which among the following is the oldest Public Sector Bank of India?
7.
Consider the following Statements:
  1. Core Inflation is essentially demand driven.
  2. Core Inflation includes items that face volatile price movement.
Which of the above statement(s) is/are correct?
8.
Consider the following Statements regarding the Office of Economic Advisor(OEA):
  1. It is attached to the Ministry of Finance.
  2. The weekly compilation and Publication of Wholesale Price Indices (WPI) is done by the Office of Economic Advisor.
Which of the Statement(s) given above is/are correct?
9.
Consider the following Statements regarding Non-Banking Finance Institutions(NBFCs):
  1. NBFCs can also engage in Micro-Finance Activities.
  2. Housing-finance companies form a distinct sub-group of the NBFCs.
  3. The deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors.
Which among the above Statement(s) is/are not correct?
10.
Which of the following Statements is not correct regarding the ‘Banking Sector’ of India?

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    Sir, I guess NABARD is no more a subsidiary of rbi, since rbi sold its stake to GOI. GOI India holds 99% of the share holding…correct me if i’m wrong

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    • mounika

      December 9, 2014 at 11:24 am

      But the question is for both wholly and partly held subsidiaries, 1 percent of nabard is still in hands of rbi, hence rbi partly owns it. Correct me if I am wrong, thank you.

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  22. b2sinha

    July 7, 2013 at 7:16 pm

    Q.14 NABARD is no more….Share transferred to GOI

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  26. Kundan

    August 16, 2013 at 5:16 pm

    there are seven Navratna now:

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    Coal India Limited
    GAIL (India) Limited
    Indian Oil Corporation Limited
    NTPC Limited
    Oil & Natural Gas Corporation Limited
    Steel Authority of India Limited

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  27. Kundan

    August 16, 2013 at 5:19 pm

    there are 14 navratan:
    Bharat Electronics Limited
    Bharat Petroleum Corporation Limited
    Hindustan Aeronautics Limited
    Hindustan Petroleum Corporation Limited
    Mahanagar Telephone Nigam Limited
    National Aluminium Company Limited
    NMDC Limited
    Neyveli Lignite Corporation Limited
    Oil India Limited
    Power Finance Corporation Limited
    Power Grid Corporation of India Limited
    Rashtriya Ispat Nigam Limited
    Rural Electrification Corporation Limited
    Shipping Corporation of India Limited

    Reply
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    February 7, 2014 at 2:31 am

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