Cluster · Indian Economic Policy and Foreign Trade

d
Clusters / #1244
tight score 0.45

Indian Economy Concepts and Policies
Questions
263
Questions in this cluster
260 total
Question Category Subtype Difficulty

What does the letter 'M' stand for in the MRTP Act 1969?

[SSC CGL 2022]

pipeline-1178719
gk intermediate

Which of the following is not an important factor in the Indian Economy?

pipeline-15622
reasoning intermediate

Which among the following type of Economies, “Laissez Faire” is associated with?

pipeline-2879
reasoning intermediate

The question consists of two statements, namely, Assertion (A) and Reason (R). Use them to choose the correct alternative.
Assertion (A): During the British rule, India’s exports exceeded the imports leading to surplus of balance of trade.
Reason (R): The surplus of balance of trade was used for growth and development of India. [Combined Graduate Level Examination Tier I 2023]

pipeline-770744
gk intermediate

Subsidies are provided by the government keeping in mind the _____________ of public. [Constable GD Examination 2022]

pipeline-768668
gk intermediate

What makes the imported goods more expensive? [Constable GD Examination 2022]

pipeline-768517
gk intermediate

The Industrial Policy Resolution,1956 classified the industries into _________ categories. [Constable GD Examination 2022]

pipeline-768168
gk intermediate

With progressive delicensing of industries as part of liberalisation, which of the following is the industry that is removed from the requirement of license? [SICPO Paper I 2024]

pipeline-768263
gk intermediate

Which of the following is a key characteristic of a mixed economy?[Junior Engineer 2024 Civil Paper I]

pipeline-768238
gk intermediate

In ______, a crisis in the balance of payments led to the introduction of economic reforms in India. [Constable GD Examination 2022]

pipeline-768662
gk intermediate

A ____________ balance of trade is one in which the value of domestic goods exported exceeds the value of foreign goods imported. [Constable GD Examination 2022]

pipeline-768119
gk intermediate

How many industries were listed in Schedule A of Industrial Policy, 1956? [Combined Graduate Level Examination Tier I 2023]

pipeline-769157
gk intermediate

When exports are higher than imports, it is known as a situation of _______. [Constable GD Examination 2022]

pipeline-768121
gk intermediate

Which of the following policy measures is a step towards liberalisation? [SICPO Paper I 2023]

pipeline-768500
gk intermediate

Which of the following policy measures is NOT a step towards liberalisation? [SICPO Paper I 2023]

pipeline-768252
gk intermediate

Which of the following is a feature of globalisation? [SICPO Paper I 2024]

pipeline-768431
gk intermediate

The Balance of Payment Account of an economy is related to the ____________. [Combined Graduate Level Examination Tier I 2022]

pipeline-768601
gk intermediate

Which of the following statements is correct regarding the socialist society in the economy?
I. The government decides what goods are to be produced.
II. Distribution of goods under socialism is supposed to be based on what people need.
[CHSL Exam 2022 Tier I]

pipeline-768379
gk intermediate

A free-market economy is a crucial aspect of __________. [CHSL Exam 2022 Tier I]

pipeline-769016
gk intermediate

The country can improve its balance of payments by devaluation when the sum of elasticity of demand for exports and imports is ________. [Combined Graduate Level Examination Tier I 2023]

pipeline-768672
gk intermediate

What is the primary benefit offered to businesses in Special Economic Zones (SEZs)? [Combined Graduate Level Examination Tier I]

pipeline-769093
gk intermediate

Which of the following was NOT an advantage of privatisation? [SICPO Paper I 2024]

pipeline-768567
gk intermediate

What is the balance of trade of a country? [CHSL Exam 2024 Tier I]

pipeline-768393
gk intermediate

What does 'L' stand for in the LPG Strategy of 1991? [MTS Non technical and Havaldar Examination 2021]

pipeline-768321
gk intermediate

______is a trade policy that doesn't restrict imports or exports. [Constable GD Examination 2022]

pipeline-768809
gk intermediate

In the Industrial Policy Resolution of 1948, which of the following was NOT the monopoly of the Central Government? [Combined Graduate Level Examination Tier I 2022]

pipeline-768466
gk intermediate

The term of trade refers to ________. [Combined Graduate Level Examination Tier I 2023]

pipeline-769047
gk intermediate

net exports = total exports -_______. [Constable GD Examination 2022]

pipeline-768271
gk intermediate

Which of the following statements about privatisation is FALSE? [SICPO Paper I 2024]

pipeline-768929
gk intermediate

With respect to India’s foreign trade, which year is referred to as the year of divide? [Combined Graduate Level Examination Tier I 2022]

pipeline-769440
gk intermediate

Which of the following industries was NOT in Schedule A of Industrial Policy 1956? [SICPO Paper I 2023]

pipeline-821488
gk intermediate

Which of the following was NOT one of the factors leading to the economic reforms in 1991? [SICPO Paper I 2024]

pipeline-768494
gk intermediate

What is the purpose of the Licensing Policy in India? [Combined Graduate Level Examination Tier I 2022]

pipeline-768703
gk intermediate

Which of the following statements is correct regarding the Industrial Policy resolution 1956?
I. This resolution formed the basis of the Second Five Year Plan.
II. This policy was used for promoting industry in backward regions.
[CHSL Exam 2022 Tier I]

pipeline-768048
gk intermediate

Which of the following was NOT one of the factors leading to the economic reforms in 1991? [SICPO Paper I 2024]

pipeline-773930
gk intermediate

What is the purpose of the Licensing Policy in India? [Combined Graduate Level Examination Tier I 2022]

pipeline-773954
gk intermediate

Which of the following documents provides a framework, rules and regulations for setting up public and private industries in India? [Combined Graduate Level Examination Tier I]

pipeline-769152
gk intermediate

Which of the following statements is correct regarding the Industrial Policy resolution 1956? I. This resolution formed the basis of the Second Five Year Plan. II. This policy was used for promoting industry in backward regions. [CHSL Exam 2022 Tier I]

pipeline-773883
gk intermediate

Which of the following documents provides a framework, rules and regulations for setting up public and private industries in India? [Combined Graduate Level Examination Tier I 2024]

pipeline-773988
gk intermediate

According to the Industrial Policy Resolution of 1956, Indian industries were classified into ________ categories on the basis of ownership.

[RRC GROUP D]

pipeline-1186054
gk intermediate

When was the cement industry in India totally decontrolled ?

[RRB NTPC CBT]

pipeline-1185999
gk intermediate

In which year had India's ratio of public debt to GDP gone up to a record 84.2%?

[SSC CGL 2021]

pipeline-1187126
gk intermediate

Which of the following can be defined as 'the process in which the government sells a majority stake to one or more companies, while the government still has its ownership and minority stakeholder as it persists?

[NTPC CBT 2]

pipeline-1187187
gk intermediate

In which year did the disinvestment process in Public Sector Enterprises in India start?

[RRB NTPC CBT]

pipeline-1187136
gk intermediate

‘A company hires regular service(s) from external sources, mostly from other countries, which were previously provided internally or from within the country’. This business practice is known as:

[RRB NTPC CBT]

pipeline-1187268
gk intermediate

Subsidies are provided by the government keeping in mind the _____________ of public.

[SSC GD 2022]

pipeline-1187213
gk intermediate

Which of the following is a possible criticism of privatisation?

[RRB NTPC CBT]

pipeline-1187228
gk intermediate

The Industrial Policy Resolution 1956, classified industries into how many categories?

[SSC CGL 2022]

pipeline-1188747
gk intermediate

Privatisation of the public sector undertakings by selling off part of the equity of PSUs to the public is known as:

[RRB NTPC CBT]

pipeline-1187028
gk intermediate

Which of the following was NOT an advantage of privatisation ?

[SSC CPO 2024]

pipeline-1187019
gk intermediate
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