Explore topic-wise MCQs in Testing Subject.

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.

National Agriculture Insurance Scheme was implemented on

A. Oct. 1997
B. Oct. 1998
C. Oct. 1999
D. Oct. 2000
Answer» D. Oct. 2000
2.

What is NSSO ?

A. National social science organisation
B. National social study organisation
C. National security science organisation
D. National sample survey organisation
Answer» E.
3.

The increase in oil seeds production was due to ?

A. White revolution
B. Yellow revolution
C. Green revolution
D. Brown revolution
Answer» C. Green revolution
4.

Export-Import bank of India was established in ?

A. 1981
B. 1982
C. 1983
D. 1984
Answer» C. 1983
5.

Abid Husain Committee is related to ?

A. Reform in taxes
B. Reform in government projects
C. Reform in small industries
D. Reform in middle level industries
Answer» D. Reform in middle level industries
6.

India is largest producer of Sponge Iron in the world ?

A. True
B. False
Answer» B. False
7.

National Housing Bank (NHB) was established in ?

A. 1988
B. 1989
C. 1990
D. 1991
Answer» B. 1989
8.

Which one among the following formulates the fiscal policy in India ?

A. Planning commission
B. Finance commission
C. The reserve bank of india
D. Ministry of finance
Answer» E.
9.

Which is the most important source of income for Government of India ?

A. Interest
B. Licence fee
C. Income tax
D. Excise duty
Answer» E.
10.

National Rural Development Institute is situated at ?

A. Delhi
B. Shimla
C. Hyderabad
D. Mumbai
Answer» D. Mumbai
11.

National Bank for Agriculture and Rural Development (NABARD) was established in ?

A. 1980
B. 1981
C. 1982
D. 1983
Answer» D. 1983
12.

The bank which has the highest number of branches in the world is ?

A. State bank of india
B. Rbs
C. London bank
D. Canara bank
Answer» B. Rbs
13.

Life Insurance Corporation (LIC) of India was established in ?

A. 1955
B. 1956
C. 1957
D. 1958
Answer» C. 1957
14.

Who was the winner of new Rupee symbol contest ?

A. S ravi chandra
B. Vijay singh
C. Anil agnihotri
D. D udaya kumar
Answer» E.
15.

International Monetary Fund (IMF) was established on :

A. 25 september, 1944
B. 27 december, 1944
C. 25 september, 1945
D. 27 december, 1945
Answer» E.
16.

Sales Tax is

A. Direct tax
B. Indirect tax
C. Tax imposed by central government
D. Tax imposed by state government
Answer» C. Tax imposed by central government
17.

define Gross domestic capital formation

A. flow of expenditure devoted to increased or maintaining of the capital stock
B. expenditure incurred on physical assets only
C. production exceeding demand
D. net addition to stock after depreciation
Answer» E.
18.

What would be the total deposits if all the banks in an economy are nationalized and converted into a monopoly bank

A. will decrease
B. will increase
C. will neither increase nor decrease
D. None of the above
Answer» D. None of the above
19.

Since independence, development and non-development expenditures have both increased; the increase in the former being a little more than in the other. Non-development expenditure involves I. interest payments II. subsidies III. defence IV. irrigation

A. I, II
B. I
C. I, II, III
D. II, III, IV
Answer» D. II, III, IV
20.

In the second nationalization of commercial banks, number of banks nationalized were?

A. 4
B. 5
C. 6
D. 8
Answer» D. 8
21.

Meaning of Devaluation of a currency is

A. reduction in the value of a currency vis-a-vis major internationally traded currencies
B. permitting the currency to seek its worth in the international market
C. fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies
D. fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners
Answer» B. permitting the currency to seek its worth in the international market
22.

In the last one decade, which sectors have attracted the highest foreign direct investment inflows into India?

A. Chemicals other than fertilizers
B. Services sector
C. Food processing
D. Telecommunication
Answer» E.
23.

Meaning of Gilt-edged market is

A. bullion market
B. market of government securities
C. market of guns
D. market of pure metals
Answer» C. market of guns
24.

Which of the following is not included in Development expenditure of the Central government

A. defence expenditure
B. expenditure on economic services
C. expenditure on social and community services
D. grant to states
Answer» B. expenditure on economic services
25.

ICICI stands for?

A. chemical industry
B. bureau
C. corporation
D. financial institution
Answer» E.