1. In which year was NABARD established ?

1979

1982

1981

1978

Answer: 1982

Explanation:

NABARD was established on the recommendations of B. Sivaraman Committee, (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.


2. In which of the following sectors, 100% FDI in equity in India is NOT permitted as per India’s FDI policy ?

Wholesale trading

Single-brand product retail trading

E-commerce activities

Multi-brand product retail trading

Answer: Multi-brand product retail trading

Explanation:

In August 2019, the government has allowed 100% FDI in contract manufacturing and single brand retailing.


3. Who will be the beneficiaries under ‘Pradhan Mantri Shram Yogi Maandhan Scheme’ ?

Widows working in organised sector

Grade-D govt employees

People working in unorganised sector

People working in organised sector

Answer: People working in unorganised sector

Explanation:

The Pradhan Mantri Shram Yogi Maan-dhan scheme is meant for old-age protection and social security of unorganised workers. This scheme is mainly for mid-day meal workers, rickshaw pullers, street vendors, head loaders, brick kiln workers, cobblers, rag pickers, and similar peoples like them.


4. Which Economic Survey was also called ‘Pink Economic Survey’ ?

Economic Survey 2017-18

Economic Survey 2015-16

Economic Survey 2016-17

Economic Survey 2018-19

Answer: Economic Survey 2017-18

Explanation:

The Economic Survey 2017-18 is printed in pink colour to underline the importance of gender issues to the economy. The survey points out that the North-Eastern states (a model for the rest of the country) consistently out-perform others.


5. Which of the following departments publishes the Index of Industrial Production(IIP) ?

Central Statistics Office

National Sample Survey Organisation

Department of Industrial Policy and Promotion

Labour Bureau

Answer: Central Statistics Office

Explanation:

The Central Statistics Office (CSO) is a department under "Ministry of Statistics and Program Implementation" which collects and publishes data related to the Index of Industrial Production (IIP) since 1950.


6. Who among the following is co-founder of e-commerce store Flipkart ?

Peyush BSolal

Vishal Sikka

Binny B Solal

Rohit BSolal

Answer: Binny B Solal

Explanation:

Binny BSolal along with Sachin BSolal is the founder of one of the largest e-commerce company Flipkart.


7. Who founded the Indian Statistical Institute on 17 December 1931 ?

P.C. Mahalanobis

R.A. Fischer

F. Yates

M.H. HSolen

Answer: P.C.Mahalanobis

Explanation:

Established in 1931, by P.C.Mahalanobis. It is one of the most prestigious institutions of statistics in India. In 1959, it was recognised as the institute of national importance. ISI has its headquarters in Baranagar, Kolkata, West Bengal.


8. PRASAD Scheme has been launched under which Ministry ?

Ministry of External Affairs

Ministry of Tourism

Ministry of Housing and Urban affairs

Ministry of Culture

Answer: Ministry of Tourism

Explanation:

It was launched by the Union Ministry of Tourism. It aims at integrated development of pilgrimage destinations in planned, prioritised and sustainable manner to provide complete religious tourism experience.


9. The situation in an economy where unemployment is prevailing is known as ______ ?

Galloping Inflation

Stagflation

Hyperinflation

Individual Debt

Answer: Stagflation

Explanation:

A stagflation is a condition when the economic rate is slow, Inflation is high and Unemployment is also high.


10. Asian Infrastructure Investment bank headquarter is located in which city ?

Philippines

Gurugram

Shanghai

Beijing

Answer: Beijing

Explanation:

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank headquartered in Beijing. Like other development banks, its mission is to improve social and economic outcomes in its region, Asia, and beyond.