General Knowledge Quiz 221

1. The economic liberalization was introduced in
[a] 1991
[b] 1990
[c] 1985
[d] 1988

2. Which industry provides the largest employment in India?
[a] Chemicals
[b] Textiles
[c] Iron and steel
[d] Jute

3. The highest denomination banknote being in circulation in India is
[a] 500 rupee note
[b] 1000 rupee note
[c] 5000 rupee note
[d] 2000 rupee note

4. Which period did the First Five-year Plan cover?
[a] 1947-52
[b] 1951-56
[c] 1950-55
[d] 1952-57

5. Who finally approves the Five-Year Plan?
[a] The President
[b] The Prime Minister
[c] The National Development Council
[d] The Planning Commission

6. When was the Decimal currency system introduced in India?
[a] January 1955
[b] April 1955
[c] April 1951
[d] April 1957

7. The Indian rupee is a legal tender in two other countries. One is Nepal. The other is
[a] Pakistan
[b] Sri Lanka
[c] Bhutan
[d] Afghanistan

8. Kerala’s shores are famous for the deposits of
[a] Copper
[b] Coal
[c] Thorium
[d] Iron ore

9. Which of the following taxes is the largest source of revenue for the Government of India?
[a] Excise
[b] Customs
[c] Income tax
[d] Corporation tax

10. The National Stock Exchange (NSE) is located at
[a] Mumbai
[b] New Delhi
[c] Madras
[d] Calcutta

Answers:
1. 1991
2. Textiles
3. 1000 rupee note
4. 1951-56
5. The National Development Council
6. April 1957
7. Bhutan
8. Thorium
9. Excise
10. Mumbai