Quiz 1(ECONOMICS)

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Q1) The duration of the Twelfth Five Year Plan is

  1. 1 January, 2012 to 31 December, 2017
  2. 1 April, 2011 to 31 March, 2016
  3. 1 January, 2011 to 31 December, 2016
  4. 1 April, 2012 to 31 March, 2017
ANSWER: 1 April, 2012 to 31 March, 2017

Q2) Expand NABARD
  1. National Bank for Agriculture and Rural Development
  2. National Bank for Agri related Development
  3. National Bank for Agriculture and Resource Development
  4. National Bank for Asian Research Development
ANSWER: National Bank for Agriculture and Rural Development

Q3) Lender of the last resort is:
  1. SBI
  2. IDBI
  3. NABARD
  4. RBI
ANSWER: RBI

Q4) "Deen Dayal Antyodaya Yojana" launched on September 25, 2014 is related to:
  1. Skill development in rural and urban areas
  2. Food security to old age rural people
  3. Poverty alleviation among SC/ST
  4. Women empowerment
ANSWER: Skill development in rural and urban areas

Q5) Dr. P. Rama Rao committee is related to which of the following?
  1. Taxes
  2. Defence
  3. Industry
  4. Agriculture
ANSWER: Defence

Q6) Indian Economy is a/an:
  1. Independent Economy
  2. Mixed Economy
  3. Capitalist Economy
  4. Communist Economy
ANSWER: Mixed Economy

Q7) Which bank is limited to the needs of agriculture and rural finance ?
  1. RBI
  2. SBI
  3. IFC
  4. NABARD
ANSWER: NABARD

Q8) The slogan 'Garibi Hatao' was included in the 
  1. Second Plan
  2. First Plan
  3. Fifth Plan
  4. Fourth Plan
ANSWER: Fifth Plan

Q9) National Renewal Fund(NRF) was instituted for the purpose of
  1. Rural reconstruction
  2. Social security
  3. Providing pension for retiring employees
  4. Restructuring and modernisation of industries
ANSWER: Social Security

Q10) The Industrial Development Bank of India was set up in
  1. July, 1968
  2. July, 1966
  3. July, 1964
  4. July, 1962
ANSWER: July, 1964


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