Economic : Quiz

1.Foreign currency which has a tendency of quick migration is called

 A. Hot currency

B. Soft currency

C. Gold currency

D. Scarce currency

2. Finance Commission is constituted every

 A. two years

B. three years

C. five years

D. six years

3. India earns maximum foreign exchange by the export of

 A. iron

B. Tea

C. Textile

D. Rubber

4. India’s foreign trade policy could be best described as

 A. Free trade

B. Laizzez faire

C. Controlled free trade

D. None of these

5.The Aid India Club has been formed under the

 A. ILO

B. IBRD

C. IMF

D. UNESCO

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

 A. Interest

B. Licence fee

C. Income tax

D. Excise duty

7.Which institution is known as Soft loan window of World Bank?

 A. IFC

B. IMF

C. Indian Development Forum

D. IDA

8. The New Symbol of Indian Rupee is a blend of

 A. Devanagiri Ra

B. Roman R

C. Devanagiri Ra and Roman

D. None of these

9. Nehru Sethu the longest bridge in Asia has beeen built on the river

A. Sone

B. Yamuna

C. The Ganges

D. Brahmaputra

10. Kudremukh Iron Ore project is in the state of

A. Kerala

B. Tamil Nadu

C. Karnataka

D. None of these

11.The chairman of the 13th Finance Commission is

A. Vijay L.Kelkar

B. Millen Kuamr Banerjee

C. C.Rangarajan

D. C.K.Jaffer Sheriff

12. Decimal coinage was introduced in India in the year

 A. 1850

B. 1957

C. 1955

D. 1960

13. The slogan Garibi Hatao was included in

A. First plan

B. Fourth plan

C. Fifth plan

D. Second plan

14.The mineral in which India depends largely on imports is

A. Iron Ore

B. Bauxite

C. Mica

D. Mercury

15. In India, barter exchange is still in practice in

 A. Calcutta

B. Lucknow

C. Ahmedbad

D. Jabalpur

Answers 
1.A
2.C
3.B
4.C
5.B
6.D
7.D
8.C
9.A
10.C
11.A
12.B
13. C
14. D
15.A