Macro Economic Overview of India MCQ | 65 Free MCQs

41. Structural reforms are ……..
a. Long-term measures
b. Improve the supply side of the economy
c. Remove growth bottlenecks
d. All the above

42. Which of the following was not the feature of New Industrial Policy 1991?
a. Abolition of industrial licensing
b. Setting up of new public sector enterprises
c. Permitted foreign investment
d. Removal of MRTP limit

43. Which of the following measures did not form a part of fiscal correction in 1991?
a. Increasing tax collection
b. Cutting down subsidies
c. Reducing budgetary support to public enterprises
d. Raising tax rates

44. Which of the following is an important banking sector reform introduced in 1991?
a. Raising SLR and CRR
b. RBI determined interest rates
c. Introduction of prudential norms
d. None of the above

45. Capital adequacy norms help to ……
a. Increase bank’s profits
b. Maintain financial stability
c. Control of inflation
d. Reduce balance of payments deficit

46. The FDI limit in the insurance sector in India is
a. 100%
b. 74%
c. 49%
d. 26%

47. According to the Human Development Report 2019, India’s HDI rank is ….. among 188 countries
a. 129
b. 125
c. 141
d. 120

48. Which of the following is not true of the Right to Education act?
a. Free education to all children between 6 and 14 years
b. It was enacted in2009
c. It is an adult literacy program
d. It is aimed at providing quality elementary education

49. Communit health centers are located at the …. Level of public health infrastructure
a. Primary
b. Secondary
c. Tertiary
d. None of the above

50. AIIMS are at the …….. level of public health infrastructure
a. Primary
b. Secondary
c. Tertiary
d. None of the above

Answer: 41)All the above 42)Setting up of new public sector enterprises 43)Raising tax rates 44)Introduction of prudential norms 45)Maintain financial stability 46)74% 47)129 48)It is an adult literacy program 49)Secondary 50)Tertiary