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.
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187. Liberalization of Indian Economy started from
(A) 1995
(B) 1988
(C) 1991
(D) 1985

Correct Answer: [C] 1991.
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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.
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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.
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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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