Wednesday, February 26, 2020

WBCS Polity and Constitution MCQs Prelims and Mains

Indian Economy MCQ For UPSC | SSC | Rail NTPC | RRB | State PSC P38

Page 38

186. Which one of the following years is regarded as the base year for construction of the Wholesale Price Index in India?
(A) 2011-12
(B) 2005-06
(C) 1990-91
(D) 2000-01

Correct Answer: [A] 2011-12.
187. Liberalization of Indian Economy started from
(A) 1995
(B) 1988
(C) 1991
(D) 1985

Correct Answer: [C] 1991.
188. The apex body which operates the micro-finance scheme by promoting self-help groups of individuals from a homogenous class through banks or non-government organizations is
(A) State Bank of India
(B) National Bank for Agriculture and Rural Development
(C) Regional Rural Bank
(D) Grameen Bank

Correct Answer: [B] National Bank for Agriculture and Rural Development.
189. What is capital?
(A) Capital is produced means of production
(B) None of the above
(C) Money is capital
(D) Machinery and building capital

Correct Answer: [A] Capital is produced means of production.
190. Bank rate is an instrument of
(A) Reducing Deficit Financing
(B) Increasing Tax Revenue
(C) Credit Control
(D) Reducing Fiscal Deficit

Correct Answer: [C] Credit Control.



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