INDIAN ECONOMY MULTIPLE CHOICE QUESTIONS-2011

1. The number of products reserved for small scale industry till October 2008 is—
(A) 35
(B) 21
(C) 81
(D) 106
Ans : (B)

2. From 2nd November, 2010, the Repo Rate has been fixed at—
(A) 3•5%
(B) 5•5%
(C) 4•5%
(D) 6•25%
Ans : (D)

3. The target company of making ‘Cell phone’ in the world is—
(A) Samsung
(B) Panasonic
(C) Nokia
(D) Motorola
Ans : (C)


4. For 2010-11, the CSO has predicted India’s GDP growth at—
(A) below 7%
(B) 8•6%
(C) 8•5%
(D) 9•5%
Ans : (B)

5. Which Indian city has the highest population?
(A) Kolkata
(B) New Delhi
(C) Chennai
(D) Mumbai
Ans : (D)

Union Budget & Railway Budget 2011-12 (BANK EXAM RELATED ISSUE)

Union Budget 2011-12 Highlights:

· Critical institutional reforms set pace for double-digit growth

· Scaled up flow of resources infuses dynamism in rural economy

· GDP estimated to have grown at 8.6% in 2010-11

· Exports grown by 9.6%, imports by 17.6% in April-January 2010-11 over corresponding period last year

· Indian economy expected to grow at 9% in 2011-12.

· Five-fold strategy to deal with black money. Group of Ministers to suggest ways for tackling corruption

· Public Debt Management Agency of India Bill to come up next financial year

· Direct Tax Code (DTC) to be effective from April 01, 2012

· Phased move towards direct transfer cash subsidy to BPL people for better delivery of kerosene, LPG and fertilizer mooted

· Rs.40,000 crore to be raised through disinvestment in 2011-12

· FDI policy to be liberalized further

· SEBI registered mutual funds permitted to accept subscription from foreign investors who meet KYC requirement

UNION BUDGET 2010-11

           UNION BUDGET 2010-11

FOREIGN TRADE POLICY 2009-14

FOREIGN TRADE 2009-2014 POLICY