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STATIC GK ONE LINERS
(COLLECTION – 20)
| 1 | In which plan was the growth rate of agricultural production negative? — Third Plan |
| 2 | Highest branches of Indian Bank is in — UK |
| 3 | In which year was Tax collection of Central govt. lowest as compare to G.D.P.? — 1999-2000 |
| 4 | The last three digits of a PIN code represent? — Sorting district |
| 5 | Extension or contraction of quantity demanded of a product is a result of a change in the — Unit price of the commodity. |
| 6 | In Indian Agriculture High Yielding Variety Programme was started in — 1966 |
| 7 | For First time National Income was estimated by — Dadabhai Naoroji |
| 8 | In India exchange and control of share market is done by — SEBI |
| 9 | What is the investment in public works?– Capital expenditure |
| 10 | Which body finalises the Five Year Plan proposals? — National Development Council |
| 11 | Which is the characteristic of Indian Agriculture? — Land Scard, labour surplus |
| 12 | Howmany ‘ of Banks were nationalised since 1969? — 14 |
| 13 | Which bank is the Banker of the Banks?- RBI |
| 14 | WTO promotes — Multinational trade |
| 15 | If saving exceeds investment, how will the national income? — Remain constant |
| 16 | GEF Nands for — Global Environment fund |
| 17 | In how many adhikaranas is the Kautilya’s ‘Arthashastra’divided? — 15 |
| 18 | Presence of both higher rate of inflation and unemployment is called — Stagflation |
| 19 | Interest on saving deposits in all nationalized banks of India is determined by — Reserve Bank of India |
| 20 | Which is the place where bankers meet and settle their mutual claims and accounts? — Clearing House |
| 21 | ‘World Bank’ is also called as – — International reorganized & development bank |
| 22 | What is the fact that support the concept that viruses are living is that? — Multiply themselves |
| 23 | Under perfect competition the balance of any firm is decided when. — Marginal revenue = Marginal Cost |
| 24 | Who were the first to start a joint stock company trade with India? — Portuguese |
| 25 | Which industry earns the second highest net foreign exchange from the trade? — Engineering goods industry |
| 26 | Group consumption means- — Consumption by people of country. |
| 27 | Which agency is responsible for calculation of National Income in India? — CSO |
| 28 | Which factor is not responsible for shifting demand curve right side. — Decrease in cost of production |
| 29 | National income estimates in India are prepared by. — Central Statistical office (CSO) |
| 30 | Minimum Support Price (MSP) for food products was started in — 1964 |
| 31 | Which groups suffer the most from inflation? — Creditors |
| 32 | What is an essential attribute of inflation?- Increase in prices |
| 33 | In which year Atomic Energy Commission (AEC) was setup in India? — 1948 |
| 34 | Who is called the ‘Father of Economics’? – Adam Smith |
| 35 | ‘Antodaya Programme’ is related to — Poorest of the poor |
| 36 | Worldwide great depression happens in which year- — 1929 |
| 37 | What is the inflation experienced in the country at present? — Costpush inflation |
| 38 | Who is considered the guardian of the Public Purse? — Comptroller andAuditor General |
| 39 | The situation is which total revenue equals to total cost is — Break-even point |
| 40 | What is the interrelated food chains in an ecological community? — Food Web |
| 41 | According to socialism who is the greatest enemy of society. — Personal Property |
| 42 | Of the various ways of financing government’s investment expenditure, what is the least inflationary? — Taxation |
| 43 | The concept of labour division was supported by- — Smith |
| 44 | Total number of Navratna PSE has become after including shipping corporation of India. — 18 |
| 45 | Now capital issue is placed at — Primary Market |
| 46 | Without insurance or uncertainity problem is – — Change in fashion. |
| 47 | Preparing butter and ghee for household consumption of own family is a part of — Own Account Production |
| 48 | To which duties is the system of value added taxation applicable? — Excise duties |
| 49 | Which is the regulatory authority for giving clearance for External Commercial borrowing? — RBI |
| 50 | ‘NABARD’ is related to development of — Agriculture and Rural areas |
| 51 | By whom was the first attempt to initiate economic planning in India made? — By M. Visvesvaraya |
| 52 | The practice of selling goods in a foreign country at a price below their domestic selling price is called. — Dumping |
| 53 | GDP at factor cost equals — GDP – Indirect Tax subsidy |
| 54 | The famous book’ The Daughter of the East’ is written by which woman? — Ms. Benazir Bhutto |
| 55 | CENVAT is associated with which rate? — Rate of indirect tax |
| 56 | Which cost has relation with lowest cost? — Variable cost |
| 57 | What is the principal source of revenue to the State Government in India? — Sales Tax |
| 58 | Who said development a ‘Creative destruction’ under capitalism? — Schumpeter |
| 59 | Who gave the slogan ‘Inquilab Zindabad’?—- Iqbal |
| 60 | When there is no change in demand, with large change in price then such type of demands are called. — Perfectly inelastic |
| 61 | Which is the best measure of economic growth of a country? — NNP |
| 62 | New firms are not allowed in market with. — Monopoly. |
| 63 | The capital of IMF is made up by the contribution of — Member nations |
| 64 | Fourteen India Banks were nationalized in — 1969 |
| 65 | To which form of economy is the term ‘Laissez-faire’ associated. — Capitalist economy |
| 66 | Which tax is not levied by the Union Government? — Profession Tax |
| 67 | Second five year plan was based on — Mohalanobis Model |
| 68 | What is the document published by the government to apprise the public on any issue? — White Paper |
| 69 | Which case does stagflation imply? — Recession plus inflation |
| 70 | Compared to rich the poor saves — A small part of their income |
| 71 | Third situation of low of variable proportion is — Negative return |
| 72 | CENVAT is related with — Excise duty |
| 73 | Productive goods are called as — Investment goods |
| 74 | What is temporary tax levied to obtain additional revenue? — Surcharge |
| 75 | Which organizations agency is involved in drafting the Union Budget of India? — Administrative Ministries only |
| 76 | When was National Development Council set up? — 1952 |
| 77 | Payment given to foreign by firms for using their goods and services are called. — Explicit cost |
| 78 | Taxation and the government’s expenditure policy are dealt under under which policy? — Fiscal policy |
| 79 | Which is the feature of ‘Free Market’ — Superiority of Consumer |
| 80 | What is the effect of inflation on tax revenue results in a situation? — Fiscal drag |
| 81 | What is reduced from NNP to get National income. — Indirect Tax |
| 82 | A supply function expresses relationship between. — Price and Production |
| 83 | Which Public Sector bank’ emblem figures a dog and the words ‘faithful, friendly’ in it? — Syndicate Bank |
| 84 | Trade Union comes under which List? — Concurrent list |
| 85 | Which is the updated base for Wholesale Price Index (WPI)? — 2011-2012 |
| 86 | Consumption of inferior goods decreases when- — Income increases |
| 87 | By whom was the clarion call ‘Dilli Chalo’ was given? — Subhash Chandra Bose |
| 88 | Which case does stagflation imply? — Recession plus inflation |
| 89 | Who wrote the book ‘Planned Economy for India’? — M. Visvesvaraya |
| 90 | Which provides the largest part of the demand for loanable funds in India? — Corporate businesses |
| 91 | Which is at the apex of Industrial Finance in India? — Industrial Development Bank of India |
| 92 | Which decade is celebrated as Bone and Joint Decade, recognised by WHO? — 2001-2010 |
| 93 | According to ‘Law of Demand’, ‘quantity of demand increases’ — With decrease in price. |
| 94 | What do Quantitative credit controls not include? — RBI directives |
| 95 | Which is at the apex of Industrial Finance in India? — Industrial Development Bank of India |