SET – II
1. In which plan period Mahalanobis growth models was introduced at the earliest?
Ans:- Second Five Year Plan.
2. The Chief Ministers of the Indian States are associated as members of the –
Ans:- National Development Council .
3. The stock-brokers who are eager to increase prices of shares in the markets are –
Ans:- Bulls.
4. Financial resources obtained from which source help to increase price level –
Ans:- Deficit financing .
5. At the time period of Indian freedom how many Public Sector enterprises were there in the
Indian economy –
Ans:-5.
6. Highest number of workers are found to remain associated in India with the –
Ans:- Unorganised Sector.
7. The concept of Liberalisation as discussed in recent times is basically based on –
Ans:- Capitalism.
8. The main cause of high increase in the price level of goods and services in India is –
Ans:- Both demand pull and cost push.
9. India may have higher volume of employment opportunities through introduction of –
Ans:- Labour intensity system.
10. Which one is mainly associated with the areas of rural economy?
Ans:- NABARD.
11. In which case India is the highest exporting nation of the world?
Ans:- Mica.
12. Rivere valley multipurpose projects are found to help in the areas of –
Ans:- i.) Irrigation
ii) Electricity generation
iii) Flood Control.
13. Rourkela steel plant situated in Odisha was setup in assistance with –
Ans:- West Germany .
14. The highest apple producing State of India is –
Ans:- Himachal Pradesh.
15. Around what percentage of total power produced in India is Thermal power –
Ans:- 50-65% .
16. An average employee person of which sector is found to earn highest amount in India?
Ans:- Services.
17. In which year the Bombay Stock Exchange was established?
Ans:- 1875.
18. What percentage of total area of West Bengal remains under forest cover?
Ans:- 19%.
19. On the basis of official figures what percentage of total population of India is found to remain
below poverty line in recent time –
Ans:- 22% is bellow poverty line as per census 2011.
20. “Sethusamudra” dreging project has been started in the coastal area of –
Ans:- Tamil Nadu .
21. Highest rate of Goods and Service tax (GST) has been imposed in India is –
Ans:- 28%.
22. Indian State having highest production of sugarcane is –
Ans:- Uttar Pradesh.
23. For what period a Finance Commission of India is constituted?
Ans:- 5 years.
24. In which year Life Insurance companies were nationalised in India?
Ans:- 1956.
25. The Nagarjuna Sagar Dam is associated with the State of –
Ans:- Andhra Pradesh.
26. Around what percentage of total people of India live in West Bengal ?
Ans:- 8%
27. Smallest administrative unit of India in respect of area is –
Ans:- Lakshadweep.
28. On which river the Ukai project is situated?
Ans:- Tapti.
29. “Unbalanced growth” concept based on “Big Push” was introduced in the India Planning
system at the earliest during the period of –
Ans:- Second plan.
30. The area of highest priority was changed from industries to defence during the –
Ans:- Third plan.
31. The position of India in respect of foreign trade is found generally to remain –
Ans:- Unfavourable.
32. Around what percentage of total land area in the world is there in India –
Ans:- 2.5%
33. With the passage of time the size of agricultural holding in India is having –
Ans:- reduction .
34. Indian State having lowest operational land holding is –
Ans:- Kerala.
35. In India highest number of organisations is found to remain under?
Ans:- Private Sector.
36. The State Governments of India are entitled to collect financial resources from areas kept
within which list of the 7th schedule of the Constitution?
Ans:- List II.
37. The Biggest Private Sector company of India is the?
Ans:- Reliance group.
38. Richest Indian in the present world Mr.L. Mittal is associated with –
Ans:- Steel.
39. Indian Industries employing largest number of persons associated with –
Ans:- Textiles.
40. Who worked as the Chairman of the 15th Finance Commission of India(2021 -2026) ?
Ans:- N.K Singh .
41. Which is the first public sector integrated steel plant in India ?
Ans:- Rourkela Steel plant ( set up in 1955).
42. In which sector is India’s maximum population employed according to the census of 2011 ?
Ans:- Primary sector.
43. Who is the Chairman of the 16th Finance Commission of India (2026 – 2031)?
Ans:- Arvind Panagariya .
44. Indian State having highest use of fertilizers per acre of land on average is –
Ans:- Punjab.
45. Which organisation decides about the cash Reserve Ratio for the commercial Banking
Organisations in India ?
Ans:- Reserve Bank of India.