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Online Economics Quiz Set No - 30

Economics questions have been taken from previous years question papers of different competitive examinations such SSC CGL, SSC CHSL, CDS, NDA, Bank, State PSC, Railways, MAT, CAT, etc.

291) Who introduced the concept of Five Year Plans in India ?
A) Lal Bahadur Shastri
B) Jawaharlal Nehru
C) Lord Mountbatten
D) Indira Gandhi

292) Who is called the Father of Economics ?
A) Max Muller
B) Karl Marx
C) Adam Smith
D) None of these

293) Private Sector Mutual Funds in India were permitted in the year:
A) 1964
B) 1993
C) 1994
D) 2001

294) Who is responsible for the collection and publication of monetary and financial information?
A) Finance Commission
B) Finance Ministry
C) Reserve Bank of India
D) Comptroller and Auditor General of India

295) Who of the following was the author of the chapter on 'Objectives of Planned Development' for the Third Five Year Plan?
A) Morarji Desai
B) C D Deshmukh
C) Jawaharlal Nehru
D) Lal Bahadur Shastri

296) Who said that, 'Where there is no Law there will not be Liberty'?
A) John Locke
B) Karl Marx
C) Plato
D) Machiavelli

297) Who was the first Deputy Chairman of Planning Commission of India?
A) Jawaharlal Nehru
B) Dr Rajendra Prasad
C) V T Krishnamachari
D) C Rajagopalachari

298) Who wrote the book 'Planned Economy for India'?
A) M Visvesvaraya
B) Sardar Vallabhbhai Patel
C) Jawaharlal Nehru
D) Mahatma Gandhi

299) World Bank classifies countries according to development based on
A) Agricultural income
B) National income
C) Per capita income
D) Population

300) India is self-sufficient in production of which of the following commodities?
A) Edible oil
B) Milk
C) Pulses
D) Natural gas