Indian Economy

1.		Which of the following is not a component of India's financial system?

Banks

Insurance companies

Stock exchanges

Agricultural cooperatives

2.		Which of the following is not a feature of a mixed economy?

Private and public sectors coexist

Resources are owned by both private and public sectors

Government controls all the resources

Price mechanism is used to determine the prices of goods and services

3.		Which of the following is NOT a pillar of sustainable development?

Economic growth

Social development

Environmental protection

Political stability

4.		Which of the following is not a function of the Reserve Bank of India (RBI)?

Issuing currency notes and coins

Regulating the money supply in the economy

Conducting monetary policy

Regulating the prices of essential commodities

5.		Which of the following is NOT a Five Year Plan after the liberalization of the Indian economy?

Eleventh Five Year Plan

Twelfth Five Year Plan

Thirteenth Five Year Plan

Fourteenth Five Year Plan

6.		Which of the following is not a function of the Reserve Bank of India (RBI)?

Issuing currency notes and coins

Controlling inflation

Regulating banks and financial institutions

Regulating the stock market

7.		Which of the following is not a factor affecting economic growth?

Capital

Labor

Land

Inflation

8.		The 'National Rural Livelihood Mission' was launched in:

2005

2009

2013

2015

9.		The Index of Industrial Production (IIP) measures the performance of which sector of the Indian economy?

Agriculture

Manufacturing

Services

Construction

10.		The National Rural Employment Guarantee Act (NREGA) guarantees how many days of employment per year to rural households in India?

50 days

100 days

150 days

200 days