Economy One-Liners for various competitive examinations
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Here are some important Economy one-liners for students competing for various exams
Watch some of the important Economy Bits below.
1- By whom the monetary policy of India is framed?
(A) The Government of India
(B) The State Bank of India
(C) The Reserve Bank of India
(D) None of the above.
2- During which period India took Annual Plans?
(D) None of the above
3- SAARC represents-
(A) The South American States
(B) The South Asian States
(C) Asian and African States
(D)The South African States
4- In which year, the latest population Census was undertaken?
5-In which year plan, the same importance was given to agriculture and industry?
(A) First Plan
(B) Fifth Plan
(C) Third Plan
(D) Fourth Plan
6- What is Operation Barga?
(A) It is a program of universal registration of tenants
(B) It is recognition of sharing of outputs between landlords and share-croppers
(C) It is recognition of share-croppers’ rights to cultivate lands of absentee landlords
(D) It is Equal distribution of lands
7- Name the Five Year Plans in which a bold approach was adopted towards a long term employment policy.
8- In which place, ‘Operation Barga’ was first introduced?
(A) West Bengal
9- The name of the Central Bank of India is-
(A) Indian Overseas Bank
(B) Reserve Bank of India
(C) State Bank of India
(D) Central Bank of India
10- Planning Commission was formed in this year under the chairmanship of Pandit Jawaharlal Nehru-
11- Which among the following finally approves the draft five-year plan?
(A) National Development Council
(B) Parliament and State Legislatures
(C) The President of India
(D) Planning Commission
12- Name the person who is associated with the formulation of Planning Strategy in the Second Five-Year Plan.
(A) Mahatma Gandhi
(B) Prasanta Chandra Mahalanobis
(C) B.R. Shenoy
(D) Jawaharlal Nehru
13- State Bank of India was earlier known as-
(A) The Industrial Bank of India
(B) The Central bank of India
(C) The National Bank of India
(D) The Imperial Bank of India
14- This among the following can be levied by the State Government-
(A) Capital gains tax
(B) Tax on profession
(C) Wealth tax
(D) Income tax
15- This number of private commercial banks were nationalized in 1969.