GK Questions: Indian Economy – Set 19

Hello Aspirants. Welcome to Online General Knowledge section in Affairs cloud, which is important for all the competitive exams. We have created Some questions related to Indian GK(Indian Economy) !!!

1. The DBTL scheme for LPG customers PAHAL was launched in ……………..
   1.2014
   2.2013
   3.2015
   4.2012
   5.None of these
   
   Answer & Explanation

   Answer – 1.2014
   Explanation :
   The Direct Benefit transfer of LPG (DBTL) scheme PAHAL (Pratyaksh Hanstantrit Labh) has been re-launched in 54 districts on 15.11.2014 in the 1^st Phase and will be launched in the rest of the 622 districts of the country on 1.1.2015.
   
   
   
2. Which state launched a scheme for girl child ‘ Aapki Beti Humari Beti’ ?
   1.Karnataka
   2.Haryana
   3.Madhya Pradesh
   4.Andhra Praesh
   5.None of these
   
   Answer & Explanation

   Answer – 2.Haryana
   Explanation :
   Haryana chief minister Manohar Lal Khattar on Sunday launched a scheme for girl child – ‘Aapki Beti Humari Beti’ – with an aim to combat the problem of declining child sex ratio in the state.
   
   
3. Which scheme to help the poor people to open bank account ?
   1.Pradhan Mantri Kausal Vikas Yojana
   2.Pradhan Mantri Suraksha Bima Yojana
   3.Pradhan Mantri Jan Dhan Yojana
   4.Swarna Jyanti Shahari Rozgar Yojana
   5.None of these
   
   Answer & Explanation

   Answer – 3.Pradhan Mantri Jan Dhan Yojana
   Explanation :
   Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings.It  the biggest financial inclusion initiative in the world.
   
   
   
4. PMJJBY will offer a renewable one-year accidental death cum disability cover of  ………………..
   1.Rs.3 lakh
   2.Rs.5 lakh
   3.Rs.1 lakh
   4.Rs.2 lakh
   5.None of these
   
   Answer & Explanation

   Answer – 4.Rs.2 lakh
   Explanation :
   A person in the age group of 18 to 50 and having a bank account is eligible to join the scheme before completing 50 years. The Pradhan Mantri Suraksha Bima Yojana will offer a renewable one-year accidental death cum disability cover of Rs 2 lakh
   
   
   
5. Which age group get the benefits for PMSBY ?
   1.18-40 years
   2.18-50 years
   3.18-70 years
   4.15-60 years
   5.None of these
   
   Answer & Explanation

   Answer – 3.18-70 years
   Explanation :
   PMSBY offers a renewable one-year accidental death- cum-disability cover of Rs 2 lakh for partial/permanent disability to all savings bank account holders in the age group of 18-70 years for a premium of Rs 12 per annum per subscriber.
   
   
   
6. Atal Pension Yojana subscribes a fixed pension starting at the age of ………………..
   1.60
   2.58
   3.65
   4.52
   5.None of these
   
   Answer & Explanation

   Answer – 1.60
   Explanation :
   The Atal Pension Yojana (APY), like the National Pension System (NPS), seeks to provide monthly pension to subscribers from the age of 60.While the APY is open to all citizens of India between 18-40 years, it is focussed on workers in the unorganised sector
   
   
   
7. Sukanya Samriddhi Accounts customers can open the account in
   1.BOI
   2.Axis Bank
   3.SBI
   4.ICICI
   5.All of these
   
   Answer & Explanation

   Answer – 5.All of these
   Explanation :
   Sukanya Samriddhi Yojana (SSY) ICICI Bank is authorized by Ministry of Finance for offering Sukanya Samriddhi Yojana (SSY) Accounts. Customers can open the account by submitting account opening documents at any authorized bank
   
   
   
8. The highest number of rural households are in ……………..
   1.West Bengal
   2.Siikim
   3.Kerala
   4.Bihar
   5.None of these
   
   Answer & Explanation

   Answer – 4.Bihar
   Explanation :
   The highest number of rural households are in  Bihar(90%)
   
   
   
9. Multi Fibre agreements deal with …………………..
   1.Production
   2.Agriculture
   3.Textiles
   4.Finance
   5.None of these
   
   Answer & Explanation

   Answer – 3.Textiles
   Explanation :
   The Multi Fibre Arrangement (MFA) governed the world trade in textiles and garments from 1974 through 2004, imposing quotas on the amount developing countries could export to developed countries. It expired on 1 January 2005.
   
   
   
10. The SEBI has imposed a restriction on money flow in equity through ……………..
    1.Promissory note
    2.Confirmatory Allotment Note
    3.Contract notes
    4.Participatory Notes
    5.None of these
    
    Answer & Explanation

    Answer – 4. Participatory Notes
    Explanation :
    Participatory Notes commonly known as P-Notes or PNs are instruments issued by registered foreign institutional investors (FII) to overseas investors, who wish to invest in the Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board of India – SEBI.