- Who is called the ‘Father of Economics’?
a)Max Muller
b)Karl Marx c)Adam Smith d) None of these
a)Socialistic
economy b)Gandhian economy c)Mixed economy d) Free economy
- Which of the following bodies finalises the Five Year Plan proposals?
a)Planning
Commission b)Union Cabinet c)National Development Council d)Ministry of
Planning
4. National
Development Council was set up in:
a)1948 b)1950
c)1951 d)1952
5. The Planning
Commission is:
a) a Ministry
b)a Government department c)an Advisory body d)an Autonomous Corporation
6. Who was the
first Deputy Chairman of Planning Commission of India?
a)Shri
Jawaharlal Nehru b)Dr. Rajendra Prasad c)Shri V.T.Krishnamachari d)Shri C.
Rajagopalachari.
7. Which
Committee’s recommendations are being followed for estimation of Poverty Line
in India
a)Dutta
Committee b) Chelliah Committee c)Chakravorty Committee d)Lakdawala Committee.
8. Monetary
policy is regulated by:
a)money lenders
b) Central Bank c)Private entrepreneurs d)Government policy
9.One-rupee
currency notes bear the signature of:
a)Prime Minister
of India
b)President of India
c)Finance
Ministry of India
d)Finance
Secretary of India
10. Ten rupee
notes bear the signature of:
a)President
b)Finance minister c)Secretary, Ministry of Finance d)Governor, Reserve Bank of
India
11. When was the
decimal system of currency introduced in India
a)1948 b)1950
c)1954 d)1957
12. Who among
the following is most benefited from inflation?
a)Government
pensioners b)Creditors c)Savings Bank Account holders d)Debtors
13. Which of the
following groups suffer the most from inflation?
a) Debtors
b)Creditors c)Business class d)Holders of real assets.
14. What is the
animal on the insignia of the RBI?
a)Lion b)Tiger
c)Panther d)Elephant
15. Economic
survey is published by:
a)Ministry of
Finance b)Planning Commission c)Commerce Minister d) None of these
16. The ‘Slack
Season’ in the Indian Economy is :
a)March-April
b)Sept.-Dec. c)Jan.-June d)Feb.-April
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