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) !!!
- The LPG model of development was introduced in ………………… by Dr. Manmohan Singh
1.1991
2.1990
3.1985
4.1972
5.None of theseAnswer – 1.1991
Explanation :
The Liberalization Privatization Globalization(LPG) model of development was introduced in 1991 by Dr. Manmohan Singh - LPG model of development emphasises a bigger role for the private sector. LPG stands for
1.Linear, Private and Globalisation
2.Liberalisation, Privatisation and Globalisation
3.Labour, Planning and Growth
4.Liberalisation, Processing and Globalisation
5.None of theseAnswer – 2.Liberalisation, Privatisation and Globalisation
Explanation :
Liberalization, Privatization, Globalization (LPG Model) introduced in India to develop economy and to solve the issues in private sectors - Bharat Nirman Yojana is related to ……………….
1.Rural Infrastructure
2.Fianancial Inclusion
3.Urban Infrastructure
4.Education
5.None of theseAnswer – 3.Urban Infrastructure
Explanation :
Bharat Nirman is a time-bound business plan for action in rural infrastructure. Under Bharat Nirman, action is proposed in the areas of irrigation, rural housing, rural water supply, rural electrification and rural telecommunication connectivity. - Sukanya Samriddhi Accounts can be closed after completion of ………………
1.23 years
2.15 years
3.18 years
4.21 years
5.None of theseAnswer – 4.21 years
Explanation :
Minimum INR. 1000/-and Maximum INR. 1,50,000/- in a financial year. Subsequent deposit in multiple of INR 100/- Deposits can be made in lump-sum No limit on number of deposits either in a month or in a Financial year .Partial withdrawal, maximum up to 50% of balance standing at the end of the preceding financial year can be taken after Account holder’s attaining age of 18 years. Account can be closed after completion of 21 years. - The Slogan for the PMJDY mission is …………………………
1.Mera Kharo – Bacha Vidhatta
2.Mera Khata – Bhagya Vidhatta
3.Maha Kya – Bhavan Veena
4.Mantri Khata – Bima Vidhyalaya
5.None of theseAnswer –
2.Mera Khata – Bhagya Vidhatta
Explanation :
The slogan for PMJDY has been christened ” Mera Khata – Bhagya Vidhaata” meaning ” My Bank Account – The Good Fortune Creator”. - Swarna Jayanti Shahari Rozgar Yojana is funded on ………………… basis between Centre and State
1.50:50
2.25:75
3.75:25
4.60:40
5.None of theseAnswer – 3.75:25
Explanation :
Swarna Jayanti Shahari Rozgar Yojana (SJSRY) in India is a Centrally Sponsored Scheme which came into effect on 1 December 1997. The scheme strives to provide gainful employment to the urban unemployed and underemployed poor, through encouraging the setting up of self-employment ventures by the urban and rural poor living below the poverty line.The SJSRY scheme is being implemented on a cost-sharing basis between the Centre and the States in the ratio of 75:25 - ……………………….. is divided in current account and capital account
1.Balance of Payment
2.Customer Stock
3.Credit
4.Balance of Trade
5.None of theseAnswer – 1.Balance of Payment
Explanation :
The BOP statement divides international transactions into three accounts: the current account, the capital account and the financial account. - Usually, the Indian money market is classified into ………………….. sector and ………….. sector
1.Direct & Indirect
2.Private & Public
3.One way & Two way
4.Organised & Unorganised
5.None of theseAnswer – 4.Organised & Unorganised
Explanation :
The Indian money market consists of the unorganised sector: moneylenders, indigenous bankers, and unregulated financial organisation and organised sector: Reserve Bank of India, private banks, public sector banks, development banks etc - The Indian Money market is the market in which ………………funds are borrowed and lent
1.Medium term
2.Long-term
3.Short-term
4.All of these
5.None of theseAnswer – 3.Short-term
Explanation :
As money became a commodity, the money market became a component of the financial markets for assets involved in short-term borrowing and lending - ………………….. is the market for medium term and long term funds
1.Money Market
2.Financial Market
3.Financial Exchange
4.Capital Market
5.None of theseAnswer – 4.Capital Market
Explanation :
Capital markets involve the issuing of stocks and bonds for medium-term and long-term durations, generally terms of one year or more.
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