TNPSC
Exam-GROUP- II - Subject wise analysed questions and Answers- Economics-Part-2
26. Which committee fixed poverty line in India?
A)
Lakdawala Committee
B) Narashiman Committee
C) Rangarajan Committee
D) None of these
Ans : (A)
27. The Rao-Manmohan model of Economic
development was initiated in the year
A)
1982 B) 1985
C) 1991 D) 1995
Ans : (C)
28. Who invented Double Entry system of Book
– Keeping?
A)
Luca Pacciola B) Keynes
C) Hawtrey D) Gunnar Myrdall
Ans : (A)
29. Which system of banking is followed in India?
A)
Unit banking
B) Branch banking
C) Merchant banking
D) Mixed banking
Ans : (B)
30. The Income tax exemption limit for the
Financial Year 2008 – 2009 is
A)
Rs. 1,40,000 B) Rs.
1, 50,000
C) Rs. 1,60,000 D) Rs.
80,000
Ans : (B)
31. What do you mean by ‘ Entrepot’ trade?
A)
Export trade
B) Import trade
C) Import of goods for re-export
D) None of these
Ans : (C)
TNPSC
GROUP – II
Economy (Nov – 2007)
32. The Reserve Bank of India Bulletin
is published in every
A)
fortnight B) month
C) six months D) year
Ans : (B)
33. Which of the following is/ are NOT
matched correctly?
I)
First Plan - 1950
- 55
II) Third Plan - 1961
- 66
III) Fourth Plan - 1966
- 77
IV) Seventh Plan - 1985
- 90
A) I and II B) III only
C) I only D) I
and III
Ans : (D)
34. Which of the following is NOT an
objective of India’s
Economic Planning?
A)
Self - Reliance
B) Industrial growth
C) Employment generation
D) Population growth
Ans : (D)
35. The economic who warned against population
explosion is
A)
Alfred Marshall B) Karl Marx
C) Malthus D) Rostow
Ans : (C)
36. When was the GATT started ?
A)
1947 B) 1948
C) 1950 D) 1956
Ans : (B)
37. What is the old name of the state Bank of
India?
A)
Indian Bank
B) British Bank
C) Imperial Bank of India
D) None of these
Ans : (C)
38. How many banks were nationalised in July
1969?
A)
15 B) 13
C) 11 D) 14
Ans : (D)
39. The most important small scale industry
in India
is
A)
Textile B) Jute
C) Jewellery D) Handloom
Ans : (D)
TNPSC
GROUP – II
Economy (May – 2007)
40. In which year did India become
the founder member in WTO?
A)
1985 B) 1990
C) 1994 D) 1996
Ans : (C)
41. Which model is the base for the First
Five Year Plan?
A)
Lewis model
B) Mahalanobis model
C) Harrod – Doman model
D) Keynesian model
Ans : (C)
42. The Deputy Chairman of the Planning
Commission
A)
is the Prime Minister
B) is the Planning Minister
C) holds the rank of a Cabinet Minister
D) is an economist of repute
Ans : (C)
43. The ICICI Promotes
A)
private sector
B) public sector
C) joint sector
D) co-operative sector
Ans : (A)
44. IDBI is a subsidiary of
A)
Reserve Bank of India
B) State Bank of India
C) National Bank for Agriculture and Rural
Development
D) None of these
Ans : (D)
45. Which type of Bank rate is followed in India?
A)
Discount rate
B) Penal rate
C) Accommodate rate
D) None of these
Ans : (A)
46. Statutory meeting relates to
A)
Private Company
B) Foreign Company
C) Public Company
D) Chartered Company
Ans : (C)
47. Which is the most activity –wise small
scale industrial unit in Tamil Nadu?
A)
Food processing
B) Textile processing
C) Metal processing
D) Paper processing
Ans : (B)
TNPSC
GROUP – II
Economy
(Original
Question paper – 2003)
48. In which year was the SDR, the
international asset created by IMF?
A)
1969 B) 1970
C) 1980 D) 1985
Ans : (B)
49. The institution which regulated the
unorganized financial sector in India
is
A)
SEBI B) ICICI
C) GIC D) IDBI
Ans : (A)
50. Find out the percentage expenditure of
Education in GNP in India
A)
2% B) 5%
C) 10% D) 15%
Ans : (B)
51. What kind of planning controls being
exercised by the free market economies?
A)
Direct control
B) Indirect control
C) Physical control
D) Other controls
Ans : (D)
52. Quote the Section under which “General
Crossing” has been defined?
A)
126 B) 125
C) 124 D) 123
Ans : (B)
53. When was the IDBI (Industrial)
Development Bank of India)
Instituted?
A)
1981 B) 1972
C) 1952 D) 1964
Ans : (D)
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