Economics MCQ 2

1. Economic Planning concepts in India are a derivative of?

a. USA
b. UK
c. Australia
d. Russia

2. First five year plan in India was

a. 1947 – 1952
b. 1949 – 1954
c. 1950 – 1955
d. 1951 – 1956

3. The model used for first five year plan was

a. Herold -Domar Model
b. P.C. Mahalanobis Model
c. Both of above
d. None of above

4. Gadgil Yojana is another name for

a. Second Five Year Plan
b. Third Five Year Plan
c. Fourth Five Year Plan
d. Fifth Five Year Plan

5. This Five year plan had major focus on “Growth with social justice and equity

a. Ninth Five Year Plan
b. Eight Five Year Plan
c. Seventh Five Year Plan
d. Sixth Five Year Plan

6. Planning Commission was constituted on?

a. 15 March, 1948
b. 15 March, 1949
c. 15 March, 1950
d. 15 March, 1951

7. When was National Development Council constituted?

a. 2 August, 1952
b. 6 August, 1952
c. 8 August, 1952
d. 12 August, 1952

8. NASO is abbreviation for

a. National Agriculture Science Organization
b. National Agriculture Study Organization
c. National Auto Science Organization
d. National Sample Survey Organization

9. Community development program (CDP) was started in

a. 1952
b. 1953
c. 1954
d. 1955

10. Green Revolution began in

a. 1964-65
b. 1965-66
c. 1966-67
d. 1967-68

11. National Rural Employment Program commenced in the year

a. 1979
b. 1980
c. 1981
d. 1982

12. When was Mahila Samridhi Yojana launched?

a. 1992
b. 1993
c. 1994
d. 1995

13. When did National Rural Employment Guarantee Programme come into action?

a. 2005
b. 2006
c. 2007
d. 2008

14. RBI was established on

a. 1st April, 1935
b. 1st April, 1936
c. 1st April, 1937
d. 1st April, 1932

15. RBI was nationalized on

a. 1st January, 1949
b. 1st April, 1936
c. 1st April, 1937
d. 1st April, 1932

16. First Regional Rural Bank was established in

a. 1973
b. 1974
c. 1975
d. 1976

17. Banking regulation act was passed in

a. 1947
b. 1948
c. 1949
d. 1950

18. IDBI was formed in the year

a. 1964
b. 1965
c. 1966
d. 1967

19. IFCI stands for

a. International Finance Corporation of India
b. Industrial Finance Corporation of India
c. Indian Federation for Corporate Investments
d. International Forum of Commerce and Imports

20. IFCI was established in the year

a. 1946
b. 1947
c. 1948
d. 1949

21. ICICI stands for

a. Industrial Credit and Investment Corporation of India
b. International Centre for Information Consolidation and Inference
c. Indian Collaboration and Information Centre for Imports
d. Imports Control and Information Control of India

22. ICICI was established in the year

a. 1995
b. 2001
c. 1996
d. 1991

23. SIDBI is an abbreviation for

a. Small Industries Development Bank of India
b. Small Investments and Development Bank of India
c. Single Investors Development Bank of India
d. Small Industries Demographic Bank of India

24. SIDBI was established in

a. 1991
b. 1992
c. 1989
d. 1988

25. EXIM bank is an abbreviation for

a. Export Investment Management Bank
b. Export Import Bank
c. Ex Indians Money Bank
d. Expert Investments Management Bank

26. EXIM was established in the year

a. 1981
b. 1982
c. 1983
d. 1984

27. NABARD came into existence in the year

a. 1981
b. 1982
c. 1983
d. 1984

28. NHB stands for

a. National Housing Bank
b. Neutral Handler Banking
c. Nominal Housing Business
d. National Harmony Brand

29. NHB was established in the year

a. 1999
b. 1991
c. 1982
d. 1988