Q.1. In which year National Development Council (NDC) was set up?
(1) 1952
(2) 1947
(3) 1950
(4) 1955
(5) 1957
Ans: (1) National Development Council (NDC) was set up on 6 August 1952.
Q.2. Who made first attempt to initiate economic planning in India?
(1) M. Visvesvarayya
(2) Indira Gandhi
(3) M.N. Roy
(4) J.P. Narayan
(5) None of these
Ans: (1) First attempt to initiate economic planning in India was made by Sir M. Visvesvarayya.
Q.3. Who authored the book ‘Planned Economy for India’?
(1) M. Visvesvarayya
(2) Indira Gandhi
(3) M.N. Roy
(4) J.P. Narayan
(5) None of these
Ans: (1) In 1934 M. Visvesvarayya wrote the book 'Planned Economy for India'.
Q.4. In which year Sarvodaya Plan was given by J.P. Narayan?
(1) 1944
(2) 1950
(3) 1947
(4) 1958
(5) 1960
Ans: (2) In 1950, 'Sarvodaya Plan' was given by J P Narayan.
Q.5. In which year the Planning Commission was set up?
(1) 1960
(2) 1958
(3) 1947
(4) 1950
(5) 1944
Ans: (4) The Planning Commission was set - up on March 15, 1950.
Q.6. Expand NIM.
(1) New Issuance Market
(2) New Issue Money
(3) New India Market
(4) New Issue Market
(5) None of these
Ans: (4) NIM is New Issue Market
Q.7. The definition of Preferential Issue is given under __________ of the Companies Act,1956.
(1) Section 45
(2) Section 81
(3) Section 76
(4) Section 57
(5) None of these
Ans: (2) Section 81
Q.8. In the_______________, securities are sold by and transferred from one investor or speculator to another.
(1) Primary market
(2) Secondary market
(3) Tertiary market
(4) Open market
(5) None of these
Ans: (2) In the secondary market, securities are sold by and transferred from one investor or speculator to another.
Q.9. Sensex is an index based on shares traded on the______________.
(1) NIFTY
(2) BSE
(3) NSC
(4) MCX
(5) None of these
Ans: (2) Sensex is an index based on shares traded on the BSE.
Q.10. In which year Bombay Stock Exchange (BSE) was established?
(1) 1855
(2) 1865
(3) 1870
(4) 1875
(5) None of these
Ans: (4) Bombay Stock Exchange (BSE) was established in 1875.
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