Economics Questions and Answers for Competitive Exams - 1

Question: 1

Who among the following is the President of FICCI?

(A) A.C.Muthiah

(B) S.Ramadorai

(C) Sangita Reddy

(D) J.J. Irani

Question: 2

Industrial Policy Resolution was first adopted in

(A) 1948

(B) 1949

(C) 1950

(D) 1951

Question: 3

When was Air Transport taken over by Government?

(A) 1947

(B) 1950

(C) 1953

(D) 1960

Question: 4

Which of the following organizations is directly responsible for administration and management of Indian Railways?

(A) Parliamentary Convention Committee attached to Railway Ministry

(B) National Transport Policy Committee

(C) Ministry of Railways

(D) Railway Board

Question: 5

Who is called the Father of Economics?

(A) Adam Smith

(B) Ricardo

(C) J.M. Keynes

(D) Malthus