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This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Which is the largest salt producing state of India? |
| A. | Gujarat |
| B. | Tamil Nadu |
| C. | Odisha |
| D. | Rajasthan |
| Answer» B. Tamil Nadu | |
| 2. |
When was industrial licensing finally abolished in India? |
| A. | 1975 [B][C][D] |
| B. | 1980 |
| C. | 1986 |
| D. | 1991 |
| Answer» E. | |
| 3. |
Which one of the following is the most risk free asset of an investment bank as per RBI guidelines? |
| A. | Government Approved Security |
| B. | home loan |
| C. | government security |
| D. | none of these |
| Answer» D. none of these | |
| 4. |
Which of the following body authorizes credit limit to National Cooperative Marketing Federation? |
| A. | Ministry of Agriculture |
| B. | reserve Bank |
| C. | finance department |
| D. | NABARD |
| Answer» E. | |
| 5. |
Who determines oil prices in India? |
| A. | Ministry of Petroleum |
| B. | oil companies |
| C. | state governments |
| D. | Indian government |
| Answer» C. state governments | |
| 6. |
In how many states is the National Horticulture Mission? |
| A. | 15 |
| B. | 17 |
| C. | 18 |
| D. | 20 |
| Answer» D. 20 | |
| 7. |
Which of the following was established on the basis of the recommendations of Sivaraman Committee? |
| A. | OIL |
| B. | SIDBI |
| C. | CBDT |
| D. | NABARD |
| Answer» E. | |
| 8. |
When was the Marine Products Export Development Authority (MPEDA) established? |
| A. | 1972 |
| B. | 1978 |
| C. | 1976 |
| D. | 1970 |
| Answer» E. | |
| 9. |
What percentage of India's trade is carried by sea? |
| A. | 75% |
| B. | 80% |
| C. | 90% |
| D. | 95% |
| Answer» E. | |
| 10. |
At what stage were the Central Co-operative Banks established? |
| A. | at the state level |
| B. | at district level |
| C. | at the national level |
| D. | at block level |
| Answer» C. at the national level | |
| 11. |
Which state has the most export oriented units in India? |
| A. | Karnataka |
| B. | West Bengal |
| C. | Andhra Pradesh |
| D. | none of these |
| Answer» B. West Bengal | |
| 12. |
Which of the following country, in terms of FDI from this country to India creates the most problems related toround trippingin the Indian economy? |
| A. | France |
| B. | Mauritius |
| C. | Maldives |
| D. | United Kingdom |
| Answer» C. Maldives | |
| 13. |
When was Liberal Exchange Rate Management System (LERMS) launched? |
| A. | 1989 |
| B. | 1980 |
| C. | 1992 |
| D. | 1991 |
| Answer» D. 1991 | |
| 14. |
Seed Crop Insurance Scheme was launched in which financial year? |
| A. | 1999-2000 |
| B. | 2000-2001 |
| C. | 2001-2002 |
| D. | 2002-2003 |
| Answer» B. 2000-2001 | |
| 15. |
If the Reserve Bank of India wants to increase the cash reserves of commercial banks, which of the following is the most likely step? |
| A. | buying bonds in the open market |
| B. | Preventing transactions involving a bill of exchange |
| C. | issuing gold from your reserves |
| D. | none of these |
| Answer» B. Preventing transactions involving a bill of exchange | |
| 16. |
On what does the dollar-rupee exchange rate in India depend? |
| A. | demand supply balance |
| B. | RBI's Monetary Policy |
| C. | government regulation |
| D. | none of these |
| Answer» B. RBI's Monetary Policy | |
| 17. |
When was the National Investment Fund established? |
| A. | 2002 |
| B. | 2004 |
| C. | 2005 |
| D. | 2007 |
| Answer» D. 2007 | |
| 18. |
When were the Rs 1,000 and Rs 5,000 and Rs 10,000 notes reintroduced in India after independence? |
| A. | 1954 |
| B. | 1958 |
| C. | 1962 |
| D. | 1950 |
| Answer» B. 1958 | |
| 19. |
Which of the following law is called the commercial law of India? |
| A. | torts law |
| B. | contract law |
| C. | property Law |
| D. | wage law |
| Answer» C. property Law | |
| 20. |
Which of the following government company was privatized first? |
| A. | Maruti Udyog Limited |
| B. | Hotel Corporation Of India |
| C. | Modern Food Industries Ltd. |
| D. | National Chemicals and Fertilizers Ltd. |
| Answer» B. Hotel Corporation Of India | |
| 21. |
National Optical Fiber Network will provide broadband connectivity to which of the following? |
| A. | Village Panchayat |
| B. | Panchayat committee |
| C. | Municipality |
| D. | municipal Corporation |
| Answer» B. Panchayat committee | |
| 22. |
Which is the most exported seafood item from India? |
| A. | frozen shrimp |
| B. | Frozen Crabs |
| C. | Cephalopod |
| D. | frozen fish |
| Answer» B. Frozen Crabs | |
| 23. |
Where is India's first Special Economic Zone? |
| A. | face |
| B. | Indore |
| C. | Jaipur |
| D. | Ahmedabad |
| Answer» C. Jaipur | |
| 24. |
Under which act is Hawala transaction closed in India? |
| A. | WILL |
| B. | FRBMA |
| C. | AFSPA |
| D. | FEMA |
| Answer» E. | |
| 25. |
What should be the minimum proportion of women in Mahatma Gandhi National Employment Guarantee Scheme? |
| A. | 25% |
| B. | 30% |
| C. | 40% |
| D. | 50% |
| Answer» C. 40% | |
| 26. |
Under which department of the Government of India was the Universal Service Obligation Fund established? |
| A. | Telecom Deptt |
| B. | Department of Economic Affairs |
| C. | Department of Industrial Policy and Promotion |
| D. | consumer affairs department |
| Answer» B. Department of Economic Affairs | |
| 27. |
Who chairs the Trade and Economic Relations Committee (TERC)? |
| A. | Prime minister |
| B. | finance secretary |
| C. | Finance Minister |
| D. | commerce minister |
| Answer» D. commerce minister | |
| 28. |
Which is the largest market in India for marine products from India? |
| A. | ME |
| B. | Japan |
| C. | France |
| D. | USA |
| Answer» B. Japan | |
| 29. |
Gram Anaj Bank Scheme is being implemented by which ministry? |
| A. | Ministry of Rural Development |
| B. | Village Grain Bank Scheme |
| C. | Ministry of Tribal Affairs |
| D. | Ministry of Agriculture |
| Answer» C. Ministry of Tribal Affairs | |
| 30. |
Which of the following regulates Mutual Funds? |
| A. | SEBI |
| B. | SBI |
| C. | RBI |
| D. | none of these |
| Answer» B. SBI | |
| 31. |
When was the 20 point program reinstated? |
| A. | 2008 |
| B. | 2009 |
| C. | 2005 |
| D. | 2007 |
| Answer» E. | |
| 32. |
First woman Lok Sabha speaker? |
| A. | Mrs Sucheto Kriplani |
| B. | Rajkumari Amrit Kaur |
| C. | Meera Kumar |
| D. | Vimala Devi |
| Answer» D. Vimala Devi | |
| 33. |
Which of the following term is not commonly associated with the budget of India? |
| A. | tight budget |
| B. | gender budget |
| C. | gross budgetary support |
| D. | result budget |
| Answer» B. gender budget | |
| 34. |
Who is the first Indian woman appointed as Deputy Governor of Reserve Bank of India? |
| A. | Pratibha Rai |
| B. | K. J. udesi |
| C. | Madhur Jaffrey |
| D. | other |
| Answer» C. Madhur Jaffrey | |
| 35. |
The first Indian judge appointed to the International Court of Justice? |
| A. | Dr. Nagendra Singh |
| B. | G. V. Mavalankar |
| C. | Jagdish Chandra Basu |
| D. | R. K. Narayan |
| Answer» B. G. V. Mavalankar | |
| 36. |
Who is the first Indian woman cricketer to score a double century? |
| A. | Mithali Raj |
| B. | Anjum Chopra |
| C. | Amita Sharma |
| D. | Poonam Yadav |
| Answer» B. Anjum Chopra | |
| 37. |
When was the family planning insurance scheme launched? |
| A. | 2004 |
| B. | 2007 |
| C. | 2009 |
| D. | 2005 |
| Answer» E. | |
| 38. |
First world champion Indian in chess? |
| A. | vladimir kramnik |
| B. | Mir Sultan Khan |
| C. | Viswanathan Anand |
| D. | Divyendu Barua |
| Answer» D. Divyendu Barua | |
| 39. |
Which of the following produces invisible exports? |
| A. | traffic and travel |
| B. | jewelery |
| C. | handloom |
| D. | fish |
| Answer» B. jewelery | |
| 40. |
The first Speaker of the Lok Sabha of India? |
| A. | G. V. Mavalankar |
| B. | Dr. Rajendra Prasad |
| C. | Vyomesh Chandra Banerjee |
| D. | other |
| Answer» B. Dr. Rajendra Prasad | |
| 41. |
Which is the first paperless newspaper of India? |
| A. | green land |
| B. | the news today |
| C. | rabhat news |
| D. | other |
| Answer» C. rabhat news | |
| 42. |
First woman chief minister of India? |
| A. | Indira Gandhi |
| B. | Amrita Pritam |
| C. | Sarojini Naidu |
| D. | Mrs Sucheto Kriplani |
| Answer» E. | |
| 43. |
Who is the first woman minister of the Central Government of India? |
| A. | Mrs. Shanno Devi |
| B. | NS. s. Rama Devi |
| C. | Rajkumari Amrit Kaur |
| D. | Priya Himorani |
| Answer» D. Priya Himorani | |
| 44. |
When was India's first paperless newspaper The News Today started? |
| A. | On January 23, 2003 |
| B. | On January 13, 2001 |
| C. | On January 3, 2001 |
| D. | On January 9, 2002 |
| Answer» D. On January 9, 2002 | |
| 45. |
Direct Tax Code is related to which of the following? |
| A. | service tax |
| B. | excise duty |
| C. | sales tax |
| D. | Income tax |
| Answer» E. | |
| 46. |
Which is the highest indirect tax authority in India? |
| A. | CBDT |
| B. | CBIT |
| C. | CBEC |
| D. | CBED |
| Answer» D. CBED | |
| 47. |
National Saffron Mission was launched as a sub-scheme of |
| A. | National Horticulture Mission |
| B. | National Agricultural Development Scheme |
| C. | National Cash Crop Program |
| D. | National Food Security Mission |
| Answer» C. National Cash Crop Program | |
| 48. |
Which of the following tax is not an indirect tax? |
| A. | excise duty |
| B. | Corporation tax |
| C. | service tax |
| D. | sales tax |
| Answer» C. service tax | |
| 49. |
First woman President of India? |
| A. | Smt. Pratima Patil |
| B. | Mrs Sucheto Kriplani |
| C. | Indira Gandhi |
| D. | other |
| Answer» B. Mrs Sucheto Kriplani | |
| 50. |
Which of the following data is released monthly? |
| A. | CPI |
| B. | IIP |
| C. | WPI |
| D. | All of the above |
| Answer» E. | |