[CA] HDFC - 3rd Indian Company

HDFC Bank became the third Indian company (on March 13, 2019) after Reliance Industries (Rs. 8.52 trillion) and TCS (Rs. 7.49 trillion) to achieve a market value of Rs. 6 trillion, owing to a sudden upsurge in its share prices.

[CA/Econ] India's most trusted brands

[QAnal] "Economy Questions" TNPSC Group I Preliminary [Feb 19, 2017]

QUESTIONS ON ECONOMY

(01)

The main functions of NITI Aayog does not include

[A] Monitoring and evaluation of programmed and initiatives

[B] Developing mechanisms to formulate credible plans at village level

[C] Disbursal of funds to central ministries and state governments

[D] Fostering co-operative federalism and designing strategic policy

Ans: [C]

(02)

The term demographic dividend refers to

[A] decline in population

[B] increase in working class

[C] decline in birth rate

[D] decline in fertility rate

Ans: [B]

(03)

The largest share of energy is consumed by

[A] Agriculture

[B] Rural power supply

[C] Urban power supply

[D] Industry

Ans: [D]

(04)

The planning commission of India was changed as NITI AAYOG in ______.

[A] March, 2015

[B] January, 2015

[C] December, 2015

[D] April, 2015

Ans: [B]

(05)

The LPG model of development was introduced in _______ by the Finance Minister ________.

[A] 1991, Dr. Manmohan Singh

[B] 1995, Shri. Pranab Muharji

[C] 2000, Shri. P. Chidambaram

[D] 2010, Shri. Yaswant Singa

Ans: [A]

(06)

The Lorenz curve is a measure of

[A] poverty

[B] income inequalities

[C] inflation rate

[D] tax structure

Ans: [B]

(07)

In an open economy, GDP is the sum of

[A] Consumption, gross investment, government spending and net exports

[B] Consumption, net investment, government spending and net export

[C] Consumption, gross investment, government spending and gross exports

[D] Wages, rent, interest, profit and depreciation

Ans: [A]

(08)

The minimum support prices are a means of supporting the

[A] farmers

[B] consumers

[C] industries

[D] retailers

Ans: [A]

(09)

Which one of the following is an indirect tax?

[A] Income tax

[B] Service tax

[C] Corporation tax

[D] Interest tax

Ans: [B]

(10)

India's Human Development Index HDI in 2011 was better than that of

I. China

II. Srilanka

III. Bangladesh

IV. South Africa

[A] I, II, III, IV

[B] III, IV

[C] III

[D] II, III, IV

Ans: [C]

(11)

The Indian Government gets _________ percent of India's total energy needs are met through imports.

[A] 30 percent

[B] 40 percent

[C] 20 percent

[D] 35 percent

Ans: [B]

Explanation: - 11th Five Year Plan report of Ministry of Petroleum says it as 30%. NITI Aayog Report (2015) says it as 38% {Lady Luck lies between [A] or [B]}

(12)

The GATT was biased in favour of the developed countries and was called informally

[A] Rich men's club

[B] League of nation

[C] WTO

[D] Axis nation

Ans: [A]

TNPSC Group I Preliminary Exam 2017: Overall analysis 

Questions on “Current Affairs” on TNPSC Group I Preliminary Exam 2017 

Questions on “Indian Polity” on TNPSC Group I Preliminary Exam 2017