This section consists of 15 general knowledge questions on Indian Economy for Bank PO
1. Who among the following leaders announced the Industrial Policy of 1956?
[A] Sardar Patel
[B] Jawaharlal Nehru
[C] Balwant Rai mehta
[D]J B Kriplani
2. Which among the following was set up by Government of India in 1988 with objective of developing multi modal logistics support for India's International and Domestic containerized cargo and trade?
[A] Inland Container Depots
[B] Container Corporation of India
[C] Central warehousing Corporation
[D]None of them
3. Which among the following is the correct full form of SIDO?
[A] Small Industries Development Organization
[B] Sick Industries Development Organization
[C] Small Industries Development Office
[D]State Industrial Development Organization
4. Consider the following:
1. Uneconomic & Fragmented Holdings
2. Inefficient Labor Force
3. No use of HYV seeds
Which among the above is/ are the reasons for low productivity in Indian Agriculture?
[A]Only 1
[B]Only 1 & 2
[C]Only 2 & 3
[D]1, 2 & 3
5. Consider the following works:
1. Subscribing to share capital of State Warehousing Corporations
2. Acquire buildings and go downs at suitable places
3. Arrange facilities for transport of agriculture produce
Which among the above functions are performed by Central Warehousing Corporation?
[A]Only 1
[B]1 & 2
[C]2 & 3
[D]1, 2 & 3
6. Which among the following is the cheapest mode of transport in terms of fixed plus running costs?
[A] Roadways
[B] Waterways
[C] Railways
[D]Pipelines
7. Which among the following is characterized by Highest Fixed Cost & Lowest Running Cost ?
[A] Road Transport
[B] Rail Transport
[C] Air transport
[D]Pipeline Transport
8. Consider the following factors:
1. High Investment in industries
2. Expanding market for product
3. Dynamic entrepreneurship
Which of the above are required for accelerated growth of an economy ?
[A]Only 1
[B]1 & 2
[C]1, 2 & 3
[D]2 & 3
9. Which among the following is the most important bulk import of India?
[A] Non-electrical machinery
[B] Electric Goods
[C] Petroleum
[D]Food Grains
10. India has a high export earning from Diamonds. In this context, consider the following:
1. High Diamonds Stocks
2. Large Production of Industrial Diamonds
3. Availability of experts on cutting and polishing
Which among the above is/ are most appropriate reason/ reasons behind the above fact?
[A]Only 1
[B]Only 1 & 3
[C]Only 3
[D]1, 2 & 3
11. 1853 is a landmark in India's Transport because of ?
[A] First Train
[B] First Cargo Plane
[C] First Cargo Ship
[D]None of them
12. Consider the following:
1. Prevent Black marketing
2. Trade and earn revenue
3. Become the sole controller of food grain supply
Which among the above is/ are the primary objective of the government to buy food grains directly from the farmers?
[A]Only 1
[B]Only 1 & 3
[C]Only 2 & 3
[D]1, 2 & 3
13. Which among the following gives a justification about the fact that " Green Revolution has not been green as it made out to be" ?
1.It confined only to wheat
2. It confined to selected areas only
3. It helped only big farmers
Choose the correct options:
[A]Only 1
[B]1 & 2
[C]1, 2 & 3
[D]2 & 3
14. Where is located the Hindustan Shipyard Limited?
[A] Kochi
[B] Mumbai
[C] Vishakhapatnam
[D]Chennai
15. Which among the following is the largest food item imported by India?
[A]Vegetable Oils
[B]Food Grains
[C]Milk and Dairy Products
[D]Meat and Poultry products
1. Who among the following leaders announced the Industrial Policy of 1956?
[A] Sardar Patel
[B] Jawaharlal Nehru
[C] Balwant Rai mehta
[D]J B Kriplani
2. Which among the following was set up by Government of India in 1988 with objective of developing multi modal logistics support for India's International and Domestic containerized cargo and trade?
[A] Inland Container Depots
[B] Container Corporation of India
[C] Central warehousing Corporation
[D]None of them
3. Which among the following is the correct full form of SIDO?
[A] Small Industries Development Organization
[B] Sick Industries Development Organization
[C] Small Industries Development Office
[D]State Industrial Development Organization
4. Consider the following:
1. Uneconomic & Fragmented Holdings
2. Inefficient Labor Force
3. No use of HYV seeds
Which among the above is/ are the reasons for low productivity in Indian Agriculture?
[A]Only 1
[B]Only 1 & 2
[C]Only 2 & 3
[D]1, 2 & 3
5. Consider the following works:
1. Subscribing to share capital of State Warehousing Corporations
2. Acquire buildings and go downs at suitable places
3. Arrange facilities for transport of agriculture produce
Which among the above functions are performed by Central Warehousing Corporation?
[A]Only 1
[B]1 & 2
[C]2 & 3
[D]1, 2 & 3
6. Which among the following is the cheapest mode of transport in terms of fixed plus running costs?
[A] Roadways
[B] Waterways
[C] Railways
[D]Pipelines
7. Which among the following is characterized by Highest Fixed Cost & Lowest Running Cost ?
[A] Road Transport
[B] Rail Transport
[C] Air transport
[D]Pipeline Transport
8. Consider the following factors:
1. High Investment in industries
2. Expanding market for product
3. Dynamic entrepreneurship
Which of the above are required for accelerated growth of an economy ?
[A]Only 1
[B]1 & 2
[C]1, 2 & 3
[D]2 & 3
9. Which among the following is the most important bulk import of India?
[A] Non-electrical machinery
[B] Electric Goods
[C] Petroleum
[D]Food Grains
10. India has a high export earning from Diamonds. In this context, consider the following:
1. High Diamonds Stocks
2. Large Production of Industrial Diamonds
3. Availability of experts on cutting and polishing
Which among the above is/ are most appropriate reason/ reasons behind the above fact?
[A]Only 1
[B]Only 1 & 3
[C]Only 3
[D]1, 2 & 3
11. 1853 is a landmark in India's Transport because of ?
[A] First Train
[B] First Cargo Plane
[C] First Cargo Ship
[D]None of them
12. Consider the following:
1. Prevent Black marketing
2. Trade and earn revenue
3. Become the sole controller of food grain supply
Which among the above is/ are the primary objective of the government to buy food grains directly from the farmers?
[A]Only 1
[B]Only 1 & 3
[C]Only 2 & 3
[D]1, 2 & 3
13. Which among the following gives a justification about the fact that " Green Revolution has not been green as it made out to be" ?
1.It confined only to wheat
2. It confined to selected areas only
3. It helped only big farmers
Choose the correct options:
[A]Only 1
[B]1 & 2
[C]1, 2 & 3
[D]2 & 3
14. Where is located the Hindustan Shipyard Limited?
[A] Kochi
[B] Mumbai
[C] Vishakhapatnam
[D]Chennai
15. Which among the following is the largest food item imported by India?
[A]Vegetable Oils
[B]Food Grains
[C]Milk and Dairy Products
[D]Meat and Poultry products
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