WBCS Prelims 2013 Indian Economy Question and Solution



   In West Bengal Civil Service (WBCS) Preliminary Examination 2013, total 15 questions was asked from Indian Economy.

1. Panchayats in West Bengal are authorised to collect :

[A]  Income Taxes      

[B]  Sales Taxes        

[C]  Toll taxes and water taxes       

[D] Land Revenue

Correct Answer: [D] Land Revenue

2. National Rural Employment Guarantee Scheme gives right to employment for —

[A]  70 days a year      

[B]  200 days a year      

[C]  100 days a year       

[D] 30 days a year

Correct Answer: [C]  100 days a year       

3. BPL means :

[A]  Below Poverty Line       

[B]  Behind Public Litigation     

[C]  Beyond Private Limits      

[D] Barren Public Land

Correct Answer: [A]  Below Poverty Line       

4. Indian Economy is a :

[A]  Totally command economy with no private sector       

[B]  Mixed economy

[C]  Capitalist economy       

[D] None of the above

Correct Answer: [B]  Mixed economy

5. Kharagpur Railway work-shop was built in :

[A]  1850

[B]  1875

[C]  1900

[D] 1930

Correct Answer: [C]  1900

6. Planning Commission of India is a —

[A]  Statutory Body

[B]  A department of Central Government

[C]  A department of State Government

[D] A subsidiary of Reserve Bank of India

Correct Answer: [A]  Statutory Body

7. Structural Adjustment Policy was introduced by India on taking loan from —
[A]  IMF

[B]  World Bank       

[C]  Asian Development Bank       

[D] European Union

Correct Answer: [A]  IMF

8. India refines _____ M.M.T. of petroleum annually —

[A]  195

[B]  215

[C]  230

[D] 250

Correct Answer: [B]  215

9. India’s Informal Sector engages.

[A]  93 % of its work force         

[B]  68 % of its work force

[C]  77 % of its work force         

[D] 16 % of its work force

Correct Answer: [A]  93 % of its work force         

10. Share of the sector in India’s GDP is highest —
[A]  Agricultural sector       

[B]  Industrial sector        

[C]  Services sector        

[D] Foreign Trade sector

Correct Answer: [C]  Services sector        

11. The Mahalanobis strategy of Indian Planning gave emphasis to the growth of —

[A]  Agricultural sector      

[B]  Services sector

[C]  Heavy Capital Goods Industrial sector       

[D] Small Scale Village Industrial sector

Correct Answer: [C]  Heavy Capital Goods Industrial sector       

12. Percentage of poor in India is :

[A]  40%        

[B]  83%

[C]  10%

[D] 66.66%

Correct Answer: [A]  40%        

13. The first jute mill was set up in India in —

[A]  1920

[B]  1850

[C]  1800

[D] 1755

Correct Answer: [B]  1850

14. Indian Rupee is fully convertible at :

[A]  Current Account      

[B]  Capital Account       

[C]  Trade Account      

[D] None of the above

Correct Answer: [A]  Current Account      

15. Green Revolution occurred first in —

[A]  Punjab and Haryana        

[B]  Bihar and West Bengal

[C]  Andhra Pradesh and Tamil Nadu       

[D] Gujarat and Maharashtra

Correct Answer: [A]  Punjab and Haryana        

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