Saturday, May 4, 2019

WBCS Polity and Constitution MCQs Prelims and Mains

Economy of India Practice Set For WBCS Prelims P17

161. Government of India has started selling a share of selected public sectors from the year
(A) 1994
(B) 1997
(C) 1992
(D) 1993
Correct Answer: [C] 1992.

162. World Trade Organisation (WTO) directed LDCs including India to
(A) increase liberalization and co-operation in the foreign trade sector
(B) bring in exchange control measures
(C) impose export subsidy
(D) None of the above
Correct Answer: [A] increase liberalization and co-operation in the foreign trade sector.

163. When was the recommendation of the States Reorganis4tion Act in West Bengal implemented?
(A) 1956
(B) 1957
(C) 1954
(D) 1955
Correct Answer: [A] 1956.

164. The Chairman of 15th Finance Commission was -
(A) Mahavir Tyagi
(B) N. K. Sing
(C) K.C. Panth
(D) Manmohan Singh
Correct Answer: [B] N. K. Sing.

165. In terms of Human Development Index, India falls under the following category
(A) Low
(B) Very Low
(C) High
(D) Medium
Correct Answer: [D] Medium.

166. Existence of huge black money creates
(A) increase in the inequality of income
(B) high living standard for all
(C) decrease in the quality of output
(D) Both B and C
Correct Answer: [C] decrease in the quality of output.

167. The National Wildlife Action Plan was adopted by India in
(A) 1983
(B) 1993
(C) 1963
(D) 1973
Correct Answer: [D] 1973.

168. The index of poverty is prepared on the basis of
(A) Subsistence level of consumption expenditure
(B) Employment situation
(C) Assets distribution
(D) Income distribution
Correct Answer: [A] Subsistence level of consumption expenditure.

169. AGMARK is related to
(A) agricultural goods
(B) agricultural finance
(C) industry
(D) the Indian Railways
Correct Answer: [A] agricultural goods.

170. Industrial credit is available from
(A) SFCs
(D) All of the above
Correct Answer: [B] IFCI.


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