Question Detail

Gross domestic capital formation is defined as

flow of expenditure devoted to increased or maintaining of the capital stock
expenditure incurred on physical assets only
production exceeding demand
net addition to stock after depreciation

Answer: Option D

1. In India paper currency started in ?

1860
1861
1862
1863

Answer: Option B

2. First five year plan was based on ?

Herold -Domar Model
P.C. Mahalanobis Model
Both of above
None of above

Answer: Option A

Explanation:

Second five year plan (1956-1961) was based on P.C. Mahalanobis Model.

3. Who was the father of Operation Flood ?

Dr. Norman Borlaug
Dr. M.S. Swaminathan
Dr. Verghese Kurien
Dr. William Gande

Answer: Option C

Explanation:

The "Operation flood" was the largest integrated dairy development programme of the world. It was started by National dairy development board in 1970.

4. What is the mainstay of Indian economy ?

Manufacturing
Business
Public sector
Agriculture

Answer: Option D

5. Which one of the following is the banker of the banks ?

State Bank of India
Reserve Bank of India
Punab National bank
Central Bank of India

Answer: Option B