Saturday, May 4, 2019

WBCS Polity and Constitution MCQs Prelims and Mains

Indian Economy MCQ With Notes For UPSC, SSC CGL, Rail, State PSCs P12


Page 12

56. Which of the following estimates the national income of India?
(A) Central Statistical Organisation
(B) None of the above
(C) Indian Standard Institution
(D) Indian Statistical Institute

Correct Answer: [A] Central Statistical Organisation.
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57. The slogan Garibi Hatao was included in which Five year Plan?
(A) Fifth Plan
(B) Sixth Plan
(C) Third Plan
(D) Fourth Plan

Correct Answer: [A] Fifth Plan.
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58. Indian Rupee is fully convertible at
(A) Trade Account
(B) Capital Account
(C) Current Account
(D) None of the above

Correct Answer: [C] Current Account.
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59. The Reserve Bank of India was established in the year
(A) 1947
(B) 1951
(C) 1930
(D) 1935

Correct Answer: [D] 1935.
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60. Which one of the following rates are not determined by the Reserve Bank of India?
(A) Repo Rate
(B) SLR
(C) CRR
(D) Prime Lending Rate

Correct Answer: [D] Prime Lending Rate.
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