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Online Economics Quiz Set No - 11

Economics questions have been taken from previous years question papers of different competitive examinations such SSC CGL, SSC CHSL, CDS, NDA, Bank, State PSC, Railways, MAT, CAT, etc.

101) In which Plan was the growth rate target exceeded?
A) First
B) Fifth
C) Sixth
D) None of these

102) In which year, some more commercial banks (in addition to the first lot of 14) were nationalised in India?
A) 1977
B) 1978
C) 1979
D) 1980

103) Increase in Gross National Product without inflation is called?
A) Growth with stability
B) Infrastructure of a perfect economy
C) Deflation
D) None of these

104) India changed over to the decimal system of coinage in the year?
A) 01-04-1957
B) 01-04-1960
C) 01-04-1965
D) 01-04-1972

105) India had a plan holiday:
A) after the China-India War of 1962
B) after the drought of 1966
C) after the liberation of Bangladesh in 1971
D) after the India-Pakistan War in 1965

106) The Imperial Bank of India, after nationalisation was given the name:
A) Reserve Bank of India
B) Bank of India
C) State Bank of India
D) Indian Overseas Bank

107) India has:
A) Socialistic economy
B) Gandhian economy
C) Mixed economy
D) Free economy

108) Regional Rural Banks are designed to work in which of the following ideals?
A) Work on basics of commercial banks
B) Help the targetted groups
C) Keep lending rates lower than cooperative institutions
D) Work on innovative and adaptive ideals

109) India opted for 'Mixed Economy' in?
A) First Five Year Plan
B) Second Five Year Plan
C) Industrial Policy of 1948
D) Framing of the Constitution

110) India's Wage Policy is based on ?
A) Productivity
B) Standard of living
C) Agriculture
D) Cost Of Living