India Economy for NTA UGC NET JRF Paper 1

1. Export of which of the following is an Invisible Export?

[A] Services
[B] Prohibited goods
[C] Unrecorded goods
[D] Goods through smuggling

2.An autonomous increase in expenditure should result in an increase in a country’s real GNP only if ?

[A] The country’s balance of trade is negative
[B] The country’s economy is working under conditions of less than full employment
[C] It is government expenditure
[D] The multiplier is at least 1.5

3. Which among the following revolutions is related to ‘fertilizers’?

[A] Silver Revolution
[B] Grey Revolution
[C] Golden Revolution
[D] Pink Revolution

4.Which among the following is world’s largest foreign exchange market ?

[A] New York
[B] London
[C] Tokyo
[D] Moscow

5. At which of the following places first Land Development Bank was established in India?

[A] Punjab
[B] Mumbai
[C] Madras
[D] Pune

6.Reserve Bank of India is bound to maintain a reserve against the note issue whatever may be the amount. This system is called as follows:

[A] Minimum Reserve System
[B] Proportional Reserve System
[C] Maximum Fiduciary Issue system
[D] Simple deposit system

7. Which among the following has been adopted by the Tendulakar committee for measuring poverty?

[A] Welfare measures
[B] Cost of Living
[C] Inequality & growth
[D] mobility/vulnerability analyses

8.The beginning of the micro finance movement in India could be traced to the self-help group (SHGs) – bank linkage programme (SBLP) started as a pilot project by National Bank for Agricultural and Rural Development (NABARD). In which year this pilot project had started?

[A] 1990
[B] 1991
[C] 1992
[D] 1999

9. In which year the Ministry of Non-conventional Energy Resources was changed into Ministry of New & Renewable Energy ?

[A] 2002
[B] 2004
[C] 2006
[D] 2008

10. In which year the Bank of Baroda entered the capital market with an Initial Public Offering (IPO)?

[A] 1990
[B] 1992
[C] 1995
[D] 1996