INDIAN ECONOMY
Multiple choice questions
1. India’s economic planning cannot be said to be:
a. Indicative
b. Imperative
c. Limited
d. Democratic.
Ans. Option : B
2. Economic Survey is published by:
a. Ministry of finance
b. Planning commission
c. Govt. of India
d. Indian statistical institute
Ans. Option : A
3. India is the biggest produces as well as the largest consumer and importer
of which of the following crops?
a. Wheat
b. Cotton
c. Sugarcane
d. Pulses
Ans. Option : D
4. Which of the is an example of passive investment instrument?
a. Gold ETFs
b. Mutual funds
c. Stocks
d. Preference shares
Ans. Option : A
5. A persistent fall in the general price level of goods and services is known
as:
a. Deflation
b. Disinflation
c. Stagflation
d. Depression
Ans. Option : A
, 6. Who is the chairman of planning commission in India:
a. President
b. Vice president
c. Prime Minister
d. Finance Minister
Ans. Option : C
7. The one rupee not bears the signature of :
a. RBI governor
b. President of India
c. Finance Minister
d. Finance Secretary
Ans. Option : D
8. Which of the following will not some under the proposed GST in India?
a. Agricultural products
b. Handicrafts
c. Gems and Jewelleries
d. Petroleum products
Ans. Option : D
9. The concept of five year plan was borrowed from:
a. USA
b. England
c. Rusia
d. France
Ans. Option : C
10. Who is the largest trading partner of India?
a. USA
b. China
c. England
d. United Arab Emirates
Ans. Option : B
11. In which year national development counsil was set up?
a. 1949
b. 1955
c. 1951
d. 1952
Ans. Option : D
, 12. The department od Family planning was set up in/
a. 1965
b. 1966
c. 1977
d. 1975
Ans. Option : B
13. Which of the following is / are immediate objective of the population
policy of 2020?
a. Meet the needs of contraception
b. Meet the needs of health infrastructure
c. Meet the needs of health personal
d. All the above
Ans. Option : D
14. Rak of growth in “Hindu rate of growth” is stablished at?
a. 1%
b. 2.5%
c. 3.5%
d. 5%
Ans. Option : C
15. The book “Planning Economy for India” was written by?
a. V. K. R. V. Rao
b. M. Visvesvaraya
c. K. N. Rai.
d. Manmohan Singh
Ans. Option : B
16. What is the fullform of Niti yog?
a. National Institute to Transform India
b. National Institute for Transforming India
c. National Institution to Transform India
d. National Institution for Transforming India
Ans. Option : D
17. Unfair trade practices are included in:
a. FERA
b. FEMA
c. MRTP Act
d. Anti Laundering act
Ans. Option : C
Multiple choice questions
1. India’s economic planning cannot be said to be:
a. Indicative
b. Imperative
c. Limited
d. Democratic.
Ans. Option : B
2. Economic Survey is published by:
a. Ministry of finance
b. Planning commission
c. Govt. of India
d. Indian statistical institute
Ans. Option : A
3. India is the biggest produces as well as the largest consumer and importer
of which of the following crops?
a. Wheat
b. Cotton
c. Sugarcane
d. Pulses
Ans. Option : D
4. Which of the is an example of passive investment instrument?
a. Gold ETFs
b. Mutual funds
c. Stocks
d. Preference shares
Ans. Option : A
5. A persistent fall in the general price level of goods and services is known
as:
a. Deflation
b. Disinflation
c. Stagflation
d. Depression
Ans. Option : A
, 6. Who is the chairman of planning commission in India:
a. President
b. Vice president
c. Prime Minister
d. Finance Minister
Ans. Option : C
7. The one rupee not bears the signature of :
a. RBI governor
b. President of India
c. Finance Minister
d. Finance Secretary
Ans. Option : D
8. Which of the following will not some under the proposed GST in India?
a. Agricultural products
b. Handicrafts
c. Gems and Jewelleries
d. Petroleum products
Ans. Option : D
9. The concept of five year plan was borrowed from:
a. USA
b. England
c. Rusia
d. France
Ans. Option : C
10. Who is the largest trading partner of India?
a. USA
b. China
c. England
d. United Arab Emirates
Ans. Option : B
11. In which year national development counsil was set up?
a. 1949
b. 1955
c. 1951
d. 1952
Ans. Option : D
, 12. The department od Family planning was set up in/
a. 1965
b. 1966
c. 1977
d. 1975
Ans. Option : B
13. Which of the following is / are immediate objective of the population
policy of 2020?
a. Meet the needs of contraception
b. Meet the needs of health infrastructure
c. Meet the needs of health personal
d. All the above
Ans. Option : D
14. Rak of growth in “Hindu rate of growth” is stablished at?
a. 1%
b. 2.5%
c. 3.5%
d. 5%
Ans. Option : C
15. The book “Planning Economy for India” was written by?
a. V. K. R. V. Rao
b. M. Visvesvaraya
c. K. N. Rai.
d. Manmohan Singh
Ans. Option : B
16. What is the fullform of Niti yog?
a. National Institute to Transform India
b. National Institute for Transforming India
c. National Institution to Transform India
d. National Institution for Transforming India
Ans. Option : D
17. Unfair trade practices are included in:
a. FERA
b. FEMA
c. MRTP Act
d. Anti Laundering act
Ans. Option : C
