INDIAN ECONOMY -PSC IMPORTANT QUESTIONS AND ANSWERS

 INDIAN ECONOMY -PSC IMPORTANT QUESTIONS AND ANSWERS

1.Which missile did Pakistan successfully test-fire on 5 June 2012?
Ans:  Hatf-VII (Babur) cruise missile

2.What is the full form of Nasscom?

Ans:  National Association of Software and Service Companies

3.Who is the owner of Kingfisher Airlines?

Ans:  Vijay Mallay’s

4.Which Airlines Launched Daily Flights to Dubai from Delhi and Mumbai in 2012?             
 Ans:  Spice jet


5.Who is  Spice jet CEO?
Ans:  Neil Mills

6.Who  is the second largest car seller in India?
 Ans:  Mercedes-Benz


7.BlackBerry is made by:
Ans:  RIM


8.Which Stock Exchange decided to buy London Metal Exchange?
Ans:  Hong Kong Stock Exchange


9.Which was the first company in India who had mass-production and sell more than a million cars?
Ans:  Maruti Suzuki


10.India’s gross direct tax collections grew by what per cent in April-May 2012?
Ans:  3.62 per cent


11. The World Environment Day was observed across the globe on 5 June 2012. Theme for the  World Environment Day 2012 was
 Ans:  Green Economy: Does it include you?


12.‘Closed economy’ is that economy which …………….

Ans:  Neither export nor import takes place

13.The busy season of Indian economy is ………

Ans:  October to December

14. Dear money means money with ……..

Ans:  High rate of interest

15.Planning commission was set up by Government of India in ……..

Ans:  1950

16.‘Express Remit’ is the brand name of a remittance facility by which  banks?

Ans:  State Bank of India

17.Who was the Chairman of the National Income committee appointed in 1947?
Ans:  P.C. Mahalanobis

18.National Development Council was set up in ………..
Ans:  1952

19.The highest price a buyer is willing to pay for a stock is called ………….
Ans:  Bid

20.‘Commodities and Capabilities’ book written by
Ans:  Amartya Sen

21.Indian census 2011 is the ……….. Census and ………… after independence.
Ans:  15th, 7th

22.Who is called the father of India budget?
Ans:  P.C. Mahalanobis

23.Which is the first Indian company to be listed in the world’s fourth largest stock exchange sistuated in USA ie; NASDAQ
Ans:  Infosys

24. FID refers to ………….
Ans:  Foreign Direct Investment

25.According to 2011 census, literacy rate in India is ………
Ans:  74.04%