11. Which of the following banks is in charge of India’s banking and monetary system?

  • (A) Union Bank
  • (B) RBI
  • (C) BOB
  • (D) SBI

12. At higher levels of development, which sector of the economy contributes less to the GDP?

  • (A) Industrial sector
  • (B) Service sector
  • (C) Both service and agriculture sector
  • (D) Agriculture sector

13. In how many categories are loans provided under the MUDRA loan scheme?

  • (A) 1
  • (B) 4
  • (C) 2
  • (D) 3

14. Select the correct statement/s from the following. i. In the Tenth Plan period, the Indian economy grew at 7.7% per year. ii. The targeted growth for the Eleventh Five Year Plan was 9% per year. iii. In the Ninth Plan period, India realised a growth of 7.5% per year.

  • (A) ii and iii
  • (B) i and ii
  • (C) i and iii
  • (D) Only iii

15. Which sector promotes modernisation and stable employment in the economy?

  • (A) Service sector
  • (B) Agriculture sector
  • (C) Energy sector
  • (D) Industrial sector

16. What does M stand for in MUDRA yojana?

  • (A) Money
  • (B) Major
  • (C) Macro
  • (D) Micro

17. Which of the following is NOT one of the four primary explicit goals of five-year plans?

  • (A) Equity
  • (B) Education
  • (C) Self-reliance
  • (D) Growth

18. Which of the following programmes is NOT a part of the Tenth Five-Year Plan?

  • (A) National Horticulture Mission
  • (B) Drought Prone Area Programme
  • (C) Micro Irrigation Programme
  • (D) Jute Technology Mission

19. Which of the following measures can be adopted by the government to reduce revenue deficit?

  • (A) Offering freebies
  • (B) Increasing subsidies
  • (C) Increasing money supply
  • (D) Tax reforms

20. What is a revenue deficit in the government budget?

  • (A) The excess of expenditure over revenue, excluding interest payments on debt
  • (B) The excess of revenue over expenditure, including interest payments on debt
  • (C) The excess of revenue over expenditure, excluding interest payments on debt
  • (D) The excess of expenditure over revenue, including interest payments on debt

Total Quizz:- 604

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