Development Experiences in India - Economics -One Liner Test

1.The triple pillars of New Economic Policy are?

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2.Indian economy responded to the crisis by introducing a set of policies known as _________

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3.Which was necessitated because today a developed country can grow without the help of the under developed countries?

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4.The Pradhan Mantri Fasal Bima Yojana (Prime Minister’s Crop Insurance Scheme) was launched on _______.

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5.India is ______ largest producer of vegetables in the world

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6.Who launched Kisan Credit Card (KCC) in 1998 along with Reserve Bank of India?

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7.Which means selling of government securities of Public Sector Undertakings (PSUs) to other PSUs or private sectors or banks?

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8.Which is responsible for high marketing costs, market gluts, price fluctuations and other similar problems of Fruits and vegetables?

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9.Who estimate the annual value of harvest and postharvest losses of major agricultural produce at national level?

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10.Which Bank does not offer Kisan Credit Card Scheme?

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11.According to whom GDP (nominal) of India in 2016 at current prices was $2,251 billion?

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12.Which Asian country shares highest GDP?

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13.Which policy has abolished the Monopoly and Restrictive Trade Practices Act 1969?

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14.Who has been set up to negotiate with international firms and approve foreign direct investment in select areas?

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15.Which is a statutory body constituted by state government in order to trade in agricultural or horticultural or livestock products?

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16.According to the trade policy of 1 April 1992 how many items remained restricted?

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17.Which Committee’s Report had suggested drastic reduction in import duties?

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18.According to new Export and Import Policy, reduce export obligations by what percent?

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19.To attract larger foreign investments in India, when the Special Economic Zones (SEZs) Policy was announced?

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20.As per the Special Economic Zones Act of 2005, the government has so far notified about how many zones in our country?

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21.Where Asia’s first Export Processing Zone (EPZ) was set up in 1965?

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22.Which is defined as the tax levied when a consumer buys a good or service?

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23.Which is the other term of Goods and Services Tax?

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24.When the Goods and Service Tax Act was passed in the Parliament?

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25.What is the moto of GST?

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26.Which reforms aimed at doing away with interest rate distortions and rationalizing the structure of lending rates?

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27.Which 1991 committee recommended Reduction in statutory liquidity ratio (SLR) and the cash reserve ratio (CRR)?

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28.What is the position of India in the world in terms of nominal GDP?

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29.The Chelliah Committee on Trade Policy Reforms suggested the peak rate on import duties at ____

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30.Who among the following used the term “Hindu rate of growth”?

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