Economics Important Questions 

1.India opted for 'Mixed Economy' in:
 A. First Five Year Plan
 B. Framing of the Constitution
 C. Industrial Policy of 1948
 D. Second Five Year Plan
 
  View Answer    Share    Workspace    Report
2.Who compute the National Income in India?
 A. Central Statistical Organisation
 B. Ministry of Finance
 C. Planning Commission
 D. None of these
 
  View Answer    Share    Workspace    Report
3.When was Focus Market Scheme introduced?
 A. 2003-04
 B. 2004-05
 C. 2005-06
 D. 2006-07
 
  View Answer    Share    Workspace    Report
4.The second Five Year plan was based on:
 A. Harrod - Domar Growth Model
 B. Mahalanobis Model
 C. Solow Growth Model
 D. Vakil and Brahmananda's Wage -Goods Model
 
  View Answer    Share    Workspace    Report
5.India changed over to the decimal system of coinage in:
 A. April 1957
 B. April 1958
 C. April 1959
 D. April 1960
 
  View Answer    Share    Workspace    Report
6.Depreciation means:
 A. Closure of a plant due to labour trouble
 B. Closure of a plant due to lock out
 C. Destruction of a plant in a fire accident
 D. Loss of equipment over time due to wear and tear
 
  View Answer    Share    Workspace    Report
7.How many banks were nationalized in 1969?
 A. 14
 B. 15
 C. 16
 D. 17
 
  View Answer    Share    Workspace    Report
8.In which year was the first bank in India established?
 A. 1800
 B. 1806
 C. 1810
 D. 1820
 
  View Answer    Share    Workspace    Report