Indian Economy: Important Questions & Answers
1. Poverty level in India is established on the basis of which expenditure?
- House-hold consumer expenditure
2. Mid-Day Meal is a scheme to provide Nutrious food to which Childran?
3. Which is the largest single source of the Government’s earning from tax revenue?
4. Which Taxes/duties is NOT under the jurisdiction of the Central Government?
5. Which is the highest body that approves Five Years Plans in the country?
- National Development Council
6. By whom was the Rolling Plan for backward country suggested?
7. In which Five Year Plan, the main objective was the eradication of poverty?
8. Durgapur, Bhibei and Rourkela iron steel-plants were setup during which plan?
9. The iron and Steel plants of Rourkela and Durgapur were conceived under which plan?
10. For which purpose, the Government has launched the Rajiv Awas Yojana?
- To provide affordable houses to rural poor
11. What is the effect of inflation on tax revenue results in a situation?
12. By which band is Monetary policy regulated?
13. Immediately prior to change in the measure of Food Inflation, which index was being used for measuring it?
14. Who is responsible for the collection and publication of monetary and financial information?
15. Which bank provides the largest credit to agriculture and allied sectors?
16. Which is the apex institution in the sphere of Agriculture credit?
17. The Bonded Labour System (Abolition) Act was legislated in which year?
18. The Green Revolution in India was the outcome of the efforts of which person?
19. Who is known as Father of White Revolution in India?
20. The real introduction of Decentralized Planning in India was made for the first time during the which plan?
21. Planning Commission was established in 1950 through which order?
22. The slogen ‘Garibi Hatao’ (Poverty abolition) was given in which Five Year Plan?
23. In which one of year ‘Rolling Plan’ was on operation in India?
24. The major emphasis in the First Five Year Plan was on which field?
25. National Rural Employment Guarantee Act (NREGA) does not promote?