Indian Economy
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61. Where does most of the weather phenomena take place?
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The troposphere is the lowest atmospheric layer and contains most atmospheric water vapour; consequently, most clouds and weather occur here.
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62. Which of the following is an example of seasonal winds?
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Monsoon winds reverse direction seasonally and are central to the Indian climate, especially the southwest monsoon.
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63. The first Bank established in India was:
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Bank of Hindustan was established in 1770 in Calcutta and is commonly cited as the first modern bank established in India.
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64. The National Stock Exchange functions from: National Stock Exchange (NSE)?
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NSE is headquartered in Mumbai and began operations in 1994.
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65. Where is the headquarter of United Nations located?
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United Nations Headquarters is in New York City; the UN Charter entered into force on 24 October 1945.
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66. Which of the following is not official Indicator for measuring Human Development Index?
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HDI combines life expectancy, education and GNI per capita; “national income” as such is not one of the three headline dimensions.
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67. The first private bank established in Assam is?
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Guwahati Bank is identified by the source as an early private bank established in Assam.
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68. The ratio of a bank’s cash holdings to its total deposit liabilities called the:
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CRR is the fraction of a bank’s net demand and time liabilities that must be maintained with the RBI as cash.
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69. “Legal Tender Money” refers to:
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Legal tender is money that a creditor is legally obliged to accept for settlement of a debt, subject to applicable law.
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70. The words 'Bull' and 'Bear' are related to which commercial activity?
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A bull market is associated with rising prices and optimistic expectations, while a bear market is associated with falling prices and pessimism.
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71. Which of the following is a water borne disease?
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Cholera is an acute water- and food-borne intestinal infection caused by Vibrio cholerae; safe water and sanitation are key preventive measures.
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72. In how many fields is Nobel prize awarded?
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There are six Nobel Prize categories commonly listed today: Physics, Chemistry, Physiology or Medicine, Literature, Peace and Economic Sciences. The Economics prize was established in 1968.
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73. Mixed economy means an economy where:
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A mixed economy combines public and private sectors. India adopted this broad economic model after Independence, with planning and public-sector expansion alongside private enterprise.
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74. Agriculture Census is conducted in a gap of how many years?
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The Agriculture Census is conducted at five-year intervals. It provides structural information on operational holdings, including their number, size and land-use characteristics.
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75. What is the currency of Saudi Arabia?
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The currency of Saudi Arabia is the Saudi riyal, abbreviated SAR. The riyal is divided into 100 halalas.
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76. Who had estimated National Income in India first?
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Dadabhai Naoroji was the first Indian to make an estimate of India’s national income. His economic writings also contributed to the early analysis of colonial economic exploitation.
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77. Mahalanobis Model has been associated with which Five-Year Plan?
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The Mahalanobis Model was associated with the Second Five-Year Plan (1956–1961). It emphasized rapid industrialization and investment in heavy and basic industries.
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78. Which one of the following is likely to be the most inflationary in its effect?
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Financing a budget deficit through creation of new money can have a strongly inflationary effect because it increases the money supply without a corresponding increase in real output.
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79. What does venture capital mean?
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Venture capital is long-term risk capital invested in promising new businesses, especially start-ups with high growth potential. Investors generally accept substantial risk in expectation of future returns.
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80. Which of the following is/are included in the capital budget of the Government of India? 1. Expenditure on acquisition of assets like roads, buildings, machinery, etc. 2. Loans received from foreign governments 3. Loans and advances granted to the States and Union Territories Select the correct answer using the code given below:
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The Capital Budget includes capital expenditure such as acquisition of assets and also capital receipts such as borrowings. Loans and advances granted by the government are also treated as capital expenditure.
