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%
