Chapter 9: Development Experiences in India March 10, 2024 Maven Leave a Comment Welcome to the Chapter 9: Development Experiences in India Quiz! This quiz is based on the book back questions. Name Email 1. The farmers have access to credit under Kisan credit card scheme through the following except a. co-operative banks b. RRBs c. Public sector banks d. all the above None 2. Financial Sector reforms mainly related to _______________ a. Insurance Sector b. Banking Sector c. Both a and b d. Transport Sector None 3. The transfer of ownership from public sector to private sector is known as a. Globalization b. Liberalization c. Privatization d. Nationalization None 4. The Goods and Services Tax Act came in to effect on ________ a. 1st July 2017 b. 1st July 2016 c. 1st January 2017 d. 1st January 2016 None 5. The recommendation of Narashimham Committee Report was submitted in the year________ a. 1990 b. 1991 c. 1995 d. 2000 None 6. The new economic policy is concerned with the following a. foreign investment b. foreign technology c. foreign trade d. all the above None 7. ‘The Hindu Rate of Growth’ coined by Raj Krishna refers to a. low rate of economic growth b. high proportion of Hindu population c. Stable GDP d. none None 8. The Raja Chelliah Committee on Trade Policy Reforms suggested the peak rate on import duties at a. 25% b. 50% c. 60% d. 100% None 9. The highest rate of tax under GST is ___________ (as on July1, 2017) a. 18% b. 24% c. 28% d. 32% None 10. The first ever SEZ in India was set up at a. Mumbai b. Chennai c. Kandla d. Cochin None 11. The New Foreign Trade Policy was announced in the year_____________ a. 2000 b. 2002 c. 2010 d. 2015 None 12. The Arguments against LPG is _________ a. Economic growth b. More investment c. Disparities among people and regions d. Modernization None 13. Countries today are to be _____ for their growth. a. Dependent b. Interdependent c. Free trade d. Capitalist None 14. Agricultural Produce Market Committee is a ___________ a. Advisory body b. Statutory body c. Both a and b d. non of these above None 15. Goods and Services Tax is _______________ a. a multi point tax b. having cascading effects c. like Value Added Tax d. a single point tax with no cascading effects. None 16. The Special Economic Zones policy was announced in ___________ a. April 2000 b. July 1990 c. April 1980 d. July 1970 None 17. India is the largest producer of ___________in the world. a. fruits b. gold c. petrol d. diesel None 18. Which of the following is the way of Privatisation? a. Disinvestment b. Denationalization c. Franchising d. All the above None 19. Foreign investment includes__________ a. FDI only b. FPI and FFI c. FDI and FPI d. FDI and FFI None 20. Expansion of FDI ____________ a. Foreign Private Investment b. Foreign Portfolio c. Foreign Direct Investment d. Forex Private Investment None Time's up Related Posts:Chapter 11: Economics of Development and PlanningChapter 25 : Government Schemes for Entrepreneurial…Chapter 8 : Securities Exchange Board Of IndiaChapter 1: Introduction to Micro Economics
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