Uttar Pradesh Judicial Service Civil Judge (Junior Division) Preliminary Examination- 2012
General Knowledge
Question Number: 141-150
141. Monetary Policy in India is formulated and implemented by
(a) Government of India
(b) Reserve Bank of India
(c) Indian Banks Association
(d) FICCI
Ans. (b)
142. Small Scale Industries are suited to Indian economic environment, because
(a) they lead to decentralization of economic activities
(b) they make use of local resources
(c) they are import-light and skill-light
(d) All the above.
Ans. (d)
143. Compilation of National Income is done by
(a) Finance Commission
(b) Planning Commission
(c) Central Services Organization
(d) Central Statistical Organization
Ans. (d)
144. Reserve Bank of India follows which system for the issue of currency?
(a) Minimum Reserve System
(b) Proportionate Reserve System
(c) Both of the above
(d) None of the above
Ans. (a)
145. Which reason among the following explains the low growth rate of real National Income as compared to Monetary National Income?
(a) Population is increasing
(b) Inequalities are growing
(c) Price level is increasing
(d) Exports are lesser than imports
Ans. (c)
146. By December 31, 2010, which among the following countries had the largest Foreign Exchange Reserve?
(a) France
(b) Germany
(c) Singapore
(d) India
Ans. (d)
147. The SEBI imposed a restriction on the money flow in the equity through “P-Notes”. What is the full form of “P-Notes”?
(a) Permanent Notes
(b) Purchase Notes
(c) Private Notes
(d) Participatory Notes
Ans. (d)
148. Which sector contributes the highest share in Gross Domestic Savings in India?
(a) Household Sector
(b) Public Sector
(c) Government Sector
(d) Private Corporate Sector
Ans. (a)
149. The rationale of Public Distribution System (PDS) is
(a) to control prices
(b) to reduce fluctuation in prices
(c) to ensure equitable distribution of essential goods
(d) All of the above.
Ans. (d)
150. Which of the following controls credit creation by the Commercial Banks in India?
(a) Ministry of Finance
(b) Reserve Bank of India
(c) Government of India
(d) State Bank of India
(a) Government of India
(b) Reserve Bank of India
(c) Indian Banks Association
(d) FICCI
Ans. (b)
142. Small Scale Industries are suited to Indian economic environment, because
(a) they lead to decentralization of economic activities
(b) they make use of local resources
(c) they are import-light and skill-light
(d) All the above.
Ans. (d)
143. Compilation of National Income is done by
(a) Finance Commission
(b) Planning Commission
(c) Central Services Organization
(d) Central Statistical Organization
Ans. (d)
144. Reserve Bank of India follows which system for the issue of currency?
(a) Minimum Reserve System
(b) Proportionate Reserve System
(c) Both of the above
(d) None of the above
Ans. (a)
145. Which reason among the following explains the low growth rate of real National Income as compared to Monetary National Income?
(a) Population is increasing
(b) Inequalities are growing
(c) Price level is increasing
(d) Exports are lesser than imports
Ans. (c)
146. By December 31, 2010, which among the following countries had the largest Foreign Exchange Reserve?
(a) France
(b) Germany
(c) Singapore
(d) India
Ans. (d)
147. The SEBI imposed a restriction on the money flow in the equity through “P-Notes”. What is the full form of “P-Notes”?
(a) Permanent Notes
(b) Purchase Notes
(c) Private Notes
(d) Participatory Notes
Ans. (d)
148. Which sector contributes the highest share in Gross Domestic Savings in India?
(a) Household Sector
(b) Public Sector
(c) Government Sector
(d) Private Corporate Sector
Ans. (a)
149. The rationale of Public Distribution System (PDS) is
(a) to control prices
(b) to reduce fluctuation in prices
(c) to ensure equitable distribution of essential goods
(d) All of the above.
Ans. (d)
150. Which of the following controls credit creation by the Commercial Banks in India?
(a) Ministry of Finance
(b) Reserve Bank of India
(c) Government of India
(d) State Bank of India
Ans. (b)
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