Business Economics SEM V Question Bank Oct,2021

MODULE - I
Cor
SR. rect
Question Answer1 Answer2 Answer3 Answer4
No. Ans
wer

NEP 1991 opened Indian Economy to the rest of the

1 privatisation liberalisation stabilisation globalisation 4
world

2 Right to education Act Passed in _____ year 2000 2009 2006 2004 2

3 FIPB was abolished in Mar-05 Jun-17 Apr-08 Jul-17 2

The rate of inflation is controlled by __________

4 monetary selective qualitative microeconomic 1
measures
 The FDI limit in the insurance sector in India is
5 100% 79% 49% 26% 3
______

6 Which act was removed under NEP? MRMP MDPE MRRP MRTP 4

Buying company Buying

Buying firm in Buying home in
7 Foreign portfolio equity investment involves shares in another business in 2
another country another country
country another country

dependency on withdrawal bus services to

8 Rashtriya Uchchatar Shiksha Abhiyan promotes autonomy 2
government from education students

9 The measures followed in NEP 1991 are macroeconomic microeconomic regional sectoral 1
 Special Recovery Setting up of De-regulation Capital
10 Capital market reforms includes ____ 1
Tribunals SEBI of interest rates adequacy norms

NEP 1991 followed________ measures to regulate prudential

11 SEBI rules Companies Act Contract Act 3
commercial banks norms

12 Indira Gandhi National Widow Scheme provides food house water pension 4

IRDA 1999 resulted in the _______ role of public

13 diluted increased constant diverted 1
sector in insuranc

restrictive ease of doing cut-throat

14 Make in India policy aims at black marketing 2
business business competition
 remained
15 In India the prices of social services have reduced increased stabilized 2
constant

Foreign Forex
Forex direct Foreign direct
16 FDI means deregulated deregulated 3
investment investment
investment investment

Create healthy
Create healthy Create healthy Create healthy
environment
environment for environment for environment for
17 The Key Purpose of Make in India initiative is to for investment 1
investment in 25 investment in investment in
in agriculture
focus sectors. service sector textile industry
sector

Reduce balance
Increase bank's Maintain Control
18 Capital adequacy norms help to ____ of payment 2
profits financial stability inflation
deficit

Invest India was set up in 2010, as a join venture

19 UDAN UNICEF WHO DIPP 4
between the state government, FICCI and
 Rastriya
Rastriya Rastriya Upadhi
Upanyas Rastriya Uddan
20 RUSA Uchchatar Suraksha 1
Shiksha Shikar Abhiyaan
Shiksha Abhiyaan Abhiyaan
Abhiyaan

Culture of Transfer of Environmental

21 One benefit of FDI Exploitation 2
consumerism technology damage

Which of the following measures was adopted in 1991 Banking sector Capital market Control of Insurance
22 3
to stabilise the economy ? reforms reforms inflation reforms

Economic Development,Social development and

23 PDS NLM RMSA SDG 4
environment Protection is the aim o

Community Health centres are located at the

24 Primary Secondary Tertiary Transport 2
______level of public health infrastructure
25 ADR is a negotiable certificate issued by Indian bank Russian bank Australian bank US bank 4

________ is non profit organisation investment

26 Invest India Destress India Demolish India Dampen India 1
promotion agency single window for Investor in India

Pradhan Mantri Kaushal Vikas Yojana is Scheme

27 LPG Skill India Demonatisation Disinvestment 2
of_________

28 Since 1951, India has been a _____ economy Socialist Capitalist Feudal Mixed 4

Under _______ route investors do not require prior

29 Government Automatic private Indian 2
government or RBI approval
 Surksha and Suvidha surksha Sarva shakti Sarva Shiksha
30 SSA stands for 4
Safety Abhiyan Abhiyan Abhiyan Abhiyan

Unique Nation Urgent Nation United Nation Union Nation

31 UNDP stands for Development Development Development Democratic 3
Programme Programme Programme Programme

________ programme was launched in 2006 with Pradhan Mantri Integrated

National Rural Janani
32 objective of correcting regional imbalances in Swasthya Disease 1
Health mission Suraksha Yojna
provision of healthcare Suraksha Yojna Surveillance

Employment Shiksha
33 National Nutrition Mission is also called Poshan Abhiyan Awaas Abhiyan 2
Abhiyan Abhiyan

Which of the following is included in UNDP's HDI

34 Culture Education Borrowing Economics 2
composite?
 Ministry of
__________is responsible for coordinating the SDGs Planning Ministry of
35 Human Resource NITI Aayog 3
in India. Commision Finance
Development

Good health Quality

36 Second goal of SDGs are No Poverty Zero hunger 2
and well being education

programme related to national immunisation for

37 Indradhanush Sagarmala Udaan Samarth 1
children

primary health community

38 The tertiary level of health structure includes district hospital sub-health centre 1
centre health centre

Ministry of
___________was on investment promotion agency set India Brand Planning Human
39 Ministry of ITC 1
up by GOI to facilitate investment. Equity foundation Commission Resource
Development
 conservation of industrial waste wasteful liquids
40 Namami Ganga Project aims at pollution in ganga 1
ganga in ganga in ganga

41 When did Janani Suraksha Yojana launched? 2005 2008 2010 2012 1

______ is not included in the composition UNDP's Standard of

42 Education Health Culture 4
HDI living

Reducing To encourage To provide To provide

43 _________the main aim of Janani Suraksha Yojana maternal and people to use safe pensions to shelters to poor 1
neonatal mortality sexual methods widow women people

44 One of the reasons for NEP 1991 is fiscal deficit heavy taxation surplus budget public revenue 1
45 Disinvestment may lead to Informal Sector Public enterprises privatisation formal Sector 3

_____ is responsible for the formation of FDI Policy in

46 FIPB DIPP RBI NABARD 2
India

Which of the following is not one of the benefits of Culture of Infrastructure Tranfer of Sectoral
47 1
FDI ? consumerism development technology development

MNC's are officially designed by The United Nations Trans national Traditional Financial Transaction
48 1
as corporation corporation corporation corporation

A ____ corporation has its facilities and other assets in Multi national
49 Domestic firm Local firm Small scale unit 2
atleast one country other than its home country corporation
 Macro-
In NEP, 1991, _____ are short term measures aimed at Micro-economic Structural economic Agricultural
50 3
demand management changes reforms stabilisation reforms
measures

MODULE - II

The determination of agriculture prices has contributed excess employment inflationary

51 reduced output 3
to consumption generation trend

52 The NAP 2000 has recognized the rights on land of women workers artisans government 1

53 The unproductive loans are for crop cultivation poultry fishery social customs 4

54 NABARD _________ rural financing restricts monitors withdraws rejects 2

55 Rural infrastructural fund is created by NABARD HDFC SFC IDBI 1

both consumers
56 Agriculture Price Policy protects only consumers only producers exporters 4
and producers

The agricultural marketing training is

57 ineffective effective unproductive negative 2
instrument to safeguard farmers' interest

twenty point five point fifteen point

58 RRBs are initiated under ten point program 2
program program program

commission
59 Farmers should be advised to operate through intermediares self arhatiyas 3
agents
 co-operative commercial
60 The village adoption sheme is formulated for RBI NBFCs 3
societies banks

Institutional sources of agricultural finance consist commercial

61 money lenders family landlords 4
of banks

is the price at which government purchases foodgrains marginal cost procurement

62 full cost price nominal price 3
from the farmers price price

63 It is one of the intermediaries for agriculture marketing Arhatiya bank market warehouse 1

64 provides agricultural marketing related information BBC FDI AGMARNET SSA 3

 The National Agricultural Co-operative Marketing provision of
65 innovation cultivation marketing 3
Federation of India Limited (NAFED) supports inputs

The commercial banks provide rural credit through SHG- bank export
66 industrial import control 1
programme linkage promotion

Private Outdated
67 _______ is one of main feature of NAP -2000 Power Generation IT Support 1
Participation production

68 Kisan credit card is introduced by NABARD PNB TJSB BOB 1

Scheme has been implmented through Self help group educational industrial
69 Macro finance Micro finance 2
and bank linkage programme finance finance
70 _________ determined by demand and supply Market price production price selling price shadow price 1

71 is backbone of developing country like India Marketing Agriculture Air transport Services 2

agency is responsible for procurement,

72 distribution and storage of food grain production in RBI SBI BBI FCI 4
India

sugar
73 White revolution relates with Milk Production egg production salt production 1
production

74 NABARD is bank for __________ sector industry service agriculture textile 3

75 Short Term finance for agriculture is up to 20 years up to 15 month up to 10 years up to 15 year 2

76 Online trading of agricultural produce e -liberary e - NAM e - Pathshala e - bill 2

forward and
human
Farmers have to be educated in taking appropriate insudtrial price general price future
77 dvelopment 3
signals from the index index agricultural
index
prices

_____ refers to the marketing of the agricultural Agricultural industrial service

78 Cloth marketing 2
product marketing marketing marketing

improved
79 It is not improved agriculture marketing practice standardization better packaging harvesting handling losses 4
method
80 ________ loans are for a period upto 5 years short -term medium -term long-term average-term 2

Swaminathan formula for agricultural procurement

81 C2 + 10% C2 + 90% C2 + 5% C2 + 50% 4
pricing

____________ is necessary for the success of Enabling Rural International Industrial

82 2
Agricultural Marketing environment development exposure development

National National
Notional Institute Notional Institute
Institute of Institute of
83 NIAM refers to ________ of Agricultural of Agricultural 4
Agricultural Agricultural
Marketing Marking
Marking Marketing

In the light of post WTO scenario, indian farmers have domestic and
84 only internal only foreign industrial 1
the withstand competition in market overseas
 ________ is not the feature of Agricultural prices in Non-remunerative Strong
85 Distress sale Middlemen 2
India prices infrastructure

Commission for agricultural cost and prices

86 Adminstered consumer producer gross 1
recommended prices

India is at present world's ________ largest producer

87 4th 10th 2nd 25th 3
of the farm output

Committee recommended the prices for

88 Wanchoo L.K. Jha Raja Cheliah Kelkar 2
agricultural commoditied for year 1964 -65

falling remaining going up

89 Since 1992 onwards, buffer stocks are _______ diminishing 3
continuously constant continuously
90 Productive finance is for _______ purchase of inputs birth ceremony festivals marriage 1

One of the important objective of NAP - 2000

91 10% 4% 14% 2% 2
agricultural growth rate

In 1951, _____ % of rural agricultural credit was

92 92.7 28 45 52.6 1
provided by non-institutional sources

93 Lead Bank Scheme was launched by _______ RBI SBI BOB NIA 1

Price which farmers are assured to receive even there Minimum

94 procurement price full cost price Issue price 2
is glut in the market Support price
95 Kisan Credit Card was introduced by ______ RBI SEBI NABARD SBI 3

In 2015, according to RBI, the share of institutional

96 72 28 82 90 1
credit was approximately ___ %

The Agriculture ministry has introduced Act in

97 MPSC UPDC SSC APMC 4
2003.

Land
_________ are established for long term institutional
98 development SEBI RRBs FCI 1
credit
banks

According to 2019-20 statistics, Commercial banks

99 10.80% 12.00% 8.00% 77.20% 4
contribution towards Agricultural finance is ___
 heavy
100 The short-term loans are advanced for fertilizers irrigation system land 1
machinery

MODULE - III

Dekho Apna Desh an initiative of Ministry of Tourism

101 wellness tourism adventure tourism eco tourism heritage tourism 4
encourages

The competition act prevents practices adversely

102 exports BoP competition imports 3
affecting

centralization
103 Disinvestment in PSU results in monopoly competition of economic state control 2
power

merger and
104 The competition act regulates Ministry of HRD RBI SEBI 4
amalgamation
 Department of
The Central Government department responsible for Department of Department of Department of
105 Industrial 1
disinvestment is: Investment Commerce Revenue
Policy

proprietary partnership
106 DIPAM aims at financial restructuring of CPSUs foreign firms 1
concerns firms

Growth of Growth of Growth of

Industrial input
107 IIP Measures: Industrial based Industrial Industrial 2
Inflation
investment Production exports

Post- Second Five

108 The competition Act was introduced during: Pre- Liberlisation Independence 2
Liberalisation year plan

109 It is electromagnetic pollution aircraft noise industrial noise radio waves illumination 3
 Active
Which of the following is not the objective of Retiring Public Building Rationalizing
110 participation of 2
disinvestment: Debt Resources sick Units
Government

ocean sewage
111 Amrut Project is for smog acid rains 4
acidification collection

G.K
112 The Competition Act, 2003 was introduced by: R. H. Patil Krishmurty S.V.S Raghavan 4
Ramakrishnan

machine
concentration of dispersal of
113 MSMEs result in heavy industries making 4
industrialization industries
industries

114 Udyog Aadhar Registration can avail tax exemption loan facitlity free land free power 2
 A form of pollution due to industrial practice is known
115 Industrial Agriculture Fisheries Service 1
as:

traditional
116 Sfurti is policy followed for tyre industry toy industry textile industry 3
industry

Madhya
Mizoram Maharashtra
Manipur Pollution pradesh
117 The Full form of MPCB: Pollution Control Pollution 4
Control Board Pollution
Board Control Board
Control Board

118 The FDI in services sector is increasing decreasing constant negative 1

Prevented
Human lives to Frequent natural
119 Not the true explanation about golobal warming: Glaciers to melt extinction of 3
threat calamities
wildlife
120 The fastest growing service in India is port postal health care IT 4

Type of tourism that explore or travel with certain Adventure

121 Heritage Tourism Medical tourism Eco tourism 4
degree of risk tourism

122 The campaign ro attract NRIs Desh Darshan Swadesh Darshan Film City Tour Rural Tourism 2

Divisional Development
_______is the nodal development agency for the Directorate Development
123 Commissioner Commissioner 2
MSME sector . General MSME Council MSME
MSME MSME

Body resposible for protecting the interest of insurance Commercial

124 RBI IRDA SEBI 3
holder: Bank
125 The MSME Act was passed in 2005 2002 2008 2006 4

Effective oil
Treated sewage Effective waste Untreated
126 Water Pollution due to: leakage 3
water management sewage water
management

The objective of integrated development of pilgrimage

SWADESH Ministry of
127 destinations in planned,priortised way was done by NTP PRASAD 2
DARSHAN Tourism
_____

Both Make in
Investment in India &
128 initiative is used to promote tourism in India: Make in India Incredible India 3
India Investment in
India

129 _________is not a method of disinvestment IPO FPO IPP CD 4

 The Air (
The law enacted as an outcome of the Bhopal Gas Environment Public lability Prevention and The Motor
130 1
tragedy is: (Protection) Act Insurance Act Control of Vehicles Act
Pollution) Act

Types of tourism that helps conserve natural diversity Adventure

131 Eco tourism Heritage tourism Medical tourism 1
is____ tourism

sector is the driver of economic growth in Both industrial &

132 Industrial Services Agriculture 4
India services

solid and liquid

release of harmful
133 Air pollution is not caused by ______ particulate smoke emission cooking 4
gases
materials

Jammu and
134 The Competition Act's jurisdiction do not extends to : West Bengal Maharahstra Gujarat 3
Kashmir
 In 2019-20,the services sector contribution to the GVA
135 45% 50% 24% 55.30% 4
was_____

Use- Based Ownership - Turnover- Investment

136 Functional composition of industries refer to: 1
Criteria Based Criteria Based Criteria based Criteria

137 New Industrial Policy (NIP) of the year________ 1990 1991 1995 2000 2

138 Agricultural rural hazards has lead to severe impact on: Air Water Soil Air & Water 3

139 Micro Enterprises under service sector is upto _______ 10-2lakh 10lakh 2-10lakh 20-25 lakh 2
 Restricting
Conrtrol of Promoting a
Control of investments
140 Competition advocacy refers to: unreasonable competition 4
monopolies through
profit culture
licensing

Udyog Adhar Udyog abhiyan Udyog Anirudh Under Adhar

141 UAM is_____ 1
Memorandum Memorandum Memorandum Memorandum

Bombay Docks
Bhopal gas Jaipur Oil Depot
142 Remarkable example of Air Pollution in India: Vizag gas leak Explosion 1
tragedy Fire
(1944)

Infrastructure/C
Consumer Consumer Non- Intermediate
143 ______is not a consumer good onstruction 4
durables durables Goods
Goods

Index of Index of Index of

Index of Industrial
144 IIP is _____ Industrial Internet Individual 2
Product
Production Proportion Product
 Competition Competition Competition
Controller of
145 The full form of CCI is : Committee of Commission of Contriller of 3
Capital issue
India India India

Central
Central Pollution Central Pollutant Center Pollute
146 CPCB is _______ Pollution Center 1
Control Board Center Board Center Board
Bureau

147 The sector has been opened up for competition in 2000 Insurance Agriculture Retail Banking 1

Release of very
Release of very Release of very Release of
cold & hot
148 Thermal pollution: cold water into hot water into normal water 2
water into
rivers rivers into rivers
rivers

A separate ministry for small industries was set up

149 1991 1999 2007 2005 2
in______
 defence
150 Disinvestment in PSUs is followed due to problem of labour social crimes class conflict 1
expenditure

MODULE - IV

Scheduled
151 Certificate of deposits are issued by _________ RRBs Local area bank BSE 1
commercial banks

Which of the following committee was established to Malhotra Rangarajan Narashimham Raja Chelliah
152 1
suggest insurance sector reforms? Committee Committee Committee Committee

Liquidity Liquidity Liquidity

Liquidity
153 LAF means ___________ Adjustment Arrangement Assistance 1
Auction Facility
Facility Facility Facility

154 The apex organisation of Indian money market World bank SBI RBI GIC 3
 Individual
Individuals
RBI borrows from borrows from Banks borrow
155 Repo rate is the rate at which __________ borrow from 3
banks Commercial from RBI
RBI
banks

_________ is not a part of Organised sector of the Commercial

156 Mutual fund Foreign bank Chit funds 3
Indian money market banks

___________ is not a part of Unorganised sector of the Call money

157 Loan companies Chit funds Moneylenders 2
Money market market

Individuals
RBI borrows from RBI borrows Banks borrow
158 Reverse repo rate is the rate at which ________ borrow from 1
banks from individuals from RBI
RBI

159 ___________ absob liquidity from the financial system Repo Reverse repo MSF CDs 2
160 _________ is not the term of Treasury bill 364 days 91 days 60 days 182 days 3

Treasury bills are __________ securities issued by the

161 long-term short-term medium-term intermediate 2
RBI

Virtual banking aims at rendering banking services Advancing Use of IT Landing

162 Branch expansion 3
through cheap credit services capacities

Certificate of commercial
163 Document issued by Commercial bank Commercial bills Treasury bills 1
deposits papers

Insurance Internatioanl
Insurance
Regulatory and Indian Regulatory Regulatory
164 IRDA Stands for Reform dispute 1
Development Defence Agency Development
Agency
Authority Authority
 Treasury bills are securities issued on behalf of Government of
165 SEBI RBI NABARD 3
_______ India

Industrial Corporate debt Gilt-edge

166 Government Securities Market is also called Equity Market 4
Securities Market Market Market

Commercial banks can issue CDS with a maturity

167 45 days - 2 years 7 days - 1 year 80 days - 1 year 1 day - 1 year 2
period of _______

Abolition of
Which of the following measures constitute primary Setting up of Setting up of Setting up of
168 controller of 1
market reforms ? NSE OTCEI BSE
capital isssues

169 Indian money market is regulated by SEBI RBI & SEBI Only RBI IRDA 2
 Foreign Institutional investors FII are allowed to invest both equity and
170 only equity shares only debt market lemons market 3
in_____ debt markets

Manufacturing
Commercial Government of Co-oprative
171 In money market, Commercial Papers is issued by and Finance 4
Banks India banks
companies

_____has an objective of converting small fragmented

172 and illiquid markets into large efficient and liquid ISE BSE NSE IMF 1
market

Discount and Deposit and

Demat Finance Delhi Finance
173 The full form of DFHI Finance House Finance House 3
Housing Institute Housing Institute
of India of India

1 month - 1
174 Maturity period of Repos _________ 1 day - 14 days 1 day - 1 month 1 day - 1 year 1
year
 State Bank of Reserve Bank of Regional Rural
175 The apex organisation of the Indian Money Market is NABARD 2
India India Bank of India

_______was established as a non-statutory board in

176 SEBI NBF RBI SBI 1
1988

Commodity Produce Multiple

177 Secondary Market is also Known as Stock Exchange 1
Exchange Exchange Exchange

Merchant
178 Who is player in Secondary Market? Underwriters Brokers Insurer 3
Bankers

Indian
179 banks follow capital asset adequacy ratio in accordnace with
Basel Norms II Basel Norms III Basel Norms I Basel Norms IV 2
 Electronic Cash Electronic Electronic Card Electronic
180 ECS means 2
Services Clearing Services Services Credit System

181 Call money is transacted for a period of _________ 60 days 30 days 1 - 15 days 1 - 80 days 3

FDI
182 in insurance sector is allowed by Government of India in 2015 26% 49% 51% 100% 2

Liquidity Adjustment Facility (LAF ) consists of OMO & Bank Repo & Reverse
183 CRR & SLR OMO & SLR 4
_________ operation rate repo rate

New and Old

184 Primary market is a market of ________. New issues Old issues Public issues 1
issues
185 One of the defects of Indian banks is improved asset qualitypoor asset quality
transfer and finacial audited
transaction
books of accounts
2

186 Money market bridges the _______ gap production employment Liquidity consumption 3

mutual
Primary market can be broadly classified Equity Equity issues,debt domestic,externa
187 funds,debt 2
into_____and_____ issues,domestic issues l
issues

____deals in government and semi-government Industrial

188 Gilt-edge market Equity market DFI 1
securities . securities market

189 The stressed loans imply regular debt repayment

regular interest payment
increase in amount of loansbad debts 4
 Which are
Which are Which are Which are
included in the
included in the included in the included in the
190 Scheduled Banks are those second 1
second schedule first schedule of first schedule of
schedule of
of RBI Act, 1934 RBI Act, 1930 RBI Act, 1944
RBI Act, 1924

191 IRDA constituted 1999 1947 1991 1993 1

_______is a process of converting physical security Dematerialisati Depository

192 Demonitisation NSCL 3
holdings with the depository into electronic forms on system

_____is responsible for the post trade activities of the

193 NBF NSCL NSE BSE and NSE 2
NSE.

Protect the
interest of Protect the Protect the Protect Bond
194 The important role of IRDA is to 1
Insurance policy Investors Share holders holders
holders
 There are _____recognised stock exchanges in the
195 20 23 25 29 2
country.

The post liberalisation period has witnessed

196 Agriculture Textile Insurance Jute 3
tremendous growth in industry

Screen based Depository Rolling

197 Secondary market reform does not include ______ LAF 2
trading system settlement

1st January
198 The RBI nationalised in 1st January 1950 1st January 1949 1st January 1971 2
1959

Investment Promoter of Investmnet

Mutual funds play an important role in Indian capital Speculator in
199 avenue for small large scale avenue for big 2
market as stock market
investors industries industries
 Which of the following does not constitute the Industrial
200 Gilt-edge market RBI Mutual funds 3
structure of capital market in India? securities market