Top 150+ Solved Indian and Global Economic Development MCQ Questions Answer
Q. Which of the following industries was de-reserved in 1993?
a. Atomic energy
b. Atopic minerals
c. Mining of copper and zinc
d. Railways
Q. Which of the following is not a Maha-Ratna industry?
a. GAIL
b. Coal India Limited
c. SAIL
d. Airports Authority of India
Q. Which of the following is a nav Ratna category unit?
a. HAL
b. Oil India Limited
c. MTNL
d. All the above
Q. Which of the following statements is correct?
a. The public sector was given a dominant position in the newly Independent India
b. The foreign trade policy post-Independence allowed free trade of all goods and services.
c. Monetary policy post-Independence sought to keep the CRR at a very low level.
d. None of the above.
Q. All of the following developments were noticed during 1991 (when economicreforms were enforced) except one. Identify it.
a. National debt was nearly 60 per cent of the GNP of Indi(a)
b. Inflation crossed double digits.
c. Foreign reserves were maintained at a very high level.
d. None of the above.
Q. At present there are only _________ industries for which licensing are compulsory.
a. 18
b. 3
c. 10
d. 9
Q. At present, in which sector 100 per cent FDI is allowed in India?
a. Defense
b. Drugs and pharmaceuticals
c. Banks
d. Insurance
Q. LPG stands for
a. Liberalisation, Privatisation, Globalisation
b. Liberalisation, Performance, Globalisation
c. Liberalisation, Privatisation, Growth
d. Liberalisation, Performance, Growth
Q. The main source of foreign capital in India is
a. Loans from abroad
b. None
c. Foreign direct investment
d. Both A and C
Q. 24. In which among the following year the MRTP act become effective
a. 1980
b. 1960
c. 1970
d. 1990
Q. LQP raj refers to
a. license, quota, Privatisation raj
b. liberalisation, quota, permit raj
c. license, quota, permit raj
d. license, quarter, Privatisation raj