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Indian Economy Question Answer

Q46. Who was the first person to adopt a scientific method in estimating the national income in India
(a) PN Dhar
(b) Ashok Mitra
(c) VKRV Rao
(d) Prof Sheroi

Q47. Who is the first Finance Minister to have risen to be the President of India
(a) R Venkataraman
(b) Shankar Dayal Sharma
(c) K. R. Narayanan
(d) S Radhakrishnan

Q48. Who has presented the maximum number of budgets with 10 budgets
(a) Pranab Mukherjee
(b) Yashwant Sinha
(c) Morarji Desai
(d) P. Chidambaram

Q49. Which Finance Minister has introduced the service tax concept in india
(a) P. Chidambaram
(b) Manmohan Singh
(c) Indira Gandhi
(d) I. K. Gujral



Q50. In which year budget, the service tax concept was first introduce in India
(a) 1994-95
(b) 1995-96
(c) 1991-92
(d) 1992-93

Q51. In which sector Indian Govt allow 100% foreign direct investment
(a) Telecome
(b) Petroleum refining
(c) Insurance
(d) Defence Production

Q52. India changed over to the decimal system of coinage in the year
(a) 1959
(b) 1948
(c) 1957
(d) 1952

Q53. Which among the followings is the oldest Public Sector Bank of India
(a) Punjab National Bank
(b) Industrial Development Bank of India
(c) Allahabad Bank
(d) Central Bank of India

Q54. The Government of India earns maximum revenue from
(a) Income Tax
(b) Corporate Tax
(c) Sales Tax
(d) Central Bank of India

Q55. How many banks of Indian are nationalized in 1969
(a) 8
(b) 12
(c) 14
(d) 18



Q56. Which Prime Minister launched the Pradhan Mantri Jan Dhan Yojana
(a) Manmohan Singh
(b) Narendra Modi
(c) Atal Bihari Vajpayee
(d) Rajiv Gandhi

Q57. The National Bank for Agriculture and Rural Development(NABARD) was founded in
(a) 1982
(b) 1984
(c) 1985
(d) 1990

Q58. The paper currency was first started in india
(a) 1852
(b) 1861
(c) 1865
(d) 1890

Q59. The 1000 rupee note was first published in the year
(a) 1900
(b) 1902
(c) 1906
(d) 1909

Q60. In which year Amartya Sen was awarded the Nobel Memorial Prize in Economic Sciences
(a) 1996
(b) 1998
(c) 2001
(d) 2005


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