Economics/MCQ Indian Economy Set 1 Sample Test,Sample questions

Question:
 The government has constituted a committee to decide a new norm for estimating population below poverty line. The Chairman of the committee is

1.S. S. Tarapore

2.Ashok Ganguly

3.Suresh Tendulkar

4.P. C. Jha


Question:
According to 2011 census, the literacy rate females in India were?

1.65.46%

2.67.66%

3.78.24%

4.82.14%


Question:
According to Census 2011, what is the percentage of male literacy in India?

1.70

2.75.6

3.82.14

4.90


Question:
Antyodaya Anna Yojana was launched on

1.13 April,2000

2.20 December,2000

3.25,December2000

4.30 December,2001


Question:
As per Census 2011, the population density of India?

1.325

2.382

3.482

4.582


Question:
Economic Planning is in:

1.Union list

2.State list

3.Concurrent list

4.not any specified list


Question:
GCIL an American company of chemical sector has been acquired by

1.Shriram Group

2.Reliance Group

3.Birla Group

4.Tata Group


Question:
IMF is the result of

1.Hawana conference

2.Rome conference

3.Brettonwood conference

4.Geneva conference


Question:
In an oligopolistic or monopolistically competitive market, firms do not raise their prices because even a small price increase will lose many customers. Which among the following is the most suitable

1.Supracompetitive pricing

2.Kinked Demand

3.Swing Demand

4.Imperfect competition


Question:
In broad sense the objective of Indian Planning is

1.To accelerate industrial production

2.To increase national income

3.To create and increase employment opportunities

4.To ensure growth with justice


Question:
In context with the two way trade of India with different regions, which among the following region is Indias largest trade partner?

1.Gulf Region

2.EU Region

3.North America

4.Latin America


Question:
In the Industrial Policy of 1991, how many industries were reserved only for Public Sector?

1.10

2.8

3.15

4.13


Question:
In which among the following years, the MRTP act became effective?

1.1970

2.1965

3.1980

4.1982


Question:
In which Five Year Plan, Economic Development Rate was maximum?

1.First Five Year Plan

2.Fourtht Five Year Plan

3.Sixth Five Year Plan

4.Tenth Five Year Plan


Question:
In which state a luxury train Golden Chariot has been launched on the lines of Palace on Wheels ?

1.Karnataka

2.Himachal Pradesh

3.Tamil Nadu

4.Andhra Pradesh


Question:
Kuwaits biggest Mobile Telecommunication Company known as Zain has been bought by

1.Bharti Airtel

2.Reliance Communication

3.Vodafone

4.Aircel


Question:
NABARD was established in the:

1.Fourth Five Year Plan

2.Fifth Five Year Plan

3.Sixth Five Year Plan

4.Eighth Five Year Plan


Question:
National Development Council (NDC) deals with:

1.The Approval of Five Year Plans

2.Preparation of Development Plans

3.Rural Development Programme

4.Poverty Alleviation Programme


Question:
National Horticulture Mission was launched in which of the following Five year Plans?

1.Ninth Five Year Plan

2.Tenth Five Year Plan

3.Eleventh Five Year Plan

4.None of these


Question:
New National Food Security Mission (NFSM) with an expenditure of Rs. 4882 crore in the 11th plan aims at ensuring adequate supply of

1.Rice, Cereals, Pulses

2.Wheat, Cereals, Pulses

3.Rice, Wheat, Pulses

4.Rice, Cereals, Wheat


Question:
Planning Commission was established in 1950 through:

1.A Constitutional amendment

2.A Supreme Court order

3.An executive order

4.A decision by the Parliament


Question:
The apex organisation of industrial finance in India is

1.IDBI

2.RBI

3.ICICI

4.IFCI


Question:
The density of population is defined as the number of persons per square?

1.Millimeter

2.Centimeter

3.Decimeter

4.Kilometer


Question:
The final authority in India to adopt the Five Year Plan for the country vests in:

1.The Planning Commission

2.The National Development Council

3.The Union Cabinet

4.The Parliament


Question:
The Gandhian Plan was expounded in 1944 by-

1.N.R. Sarkar

2.Kasturi Bhai Lal Bhai

3.Jay Prakash Narayan

4.Shriman Narayan Agarwal


Question:
The Government of India has established NITI Ayog to replace the-

1.Human Rights Commission

2.Finance Commission

3.Law Commission

4.Planning Commission


Question:
The National Development council was constituted on:

1.August 16, 1950

2.April 1, 1951

3.August 6, 1952

4.August 16, 1952


Question:
The Planning Commission has been abolished by the Prime MInister-

1.Narendra Modi

2.Morarji Desai

3.Atal Bihari Bhajpayee

4.I.K. Gujral


Question:
The Rolling Plan Concept in national planning was introduced by:

1.Indira Gandhi Government

2.The National Front Government

3.The Janata Party Government

4.Rajiv Gandhi Government


Question:
The Rolling Plan for backward countries was suggested by:

1.Gunnar Myrdal

2.W.A. Lewis

3.R. Nurkse

4.A. Samuelsn


Question:
The slogan "Garibi Unmulan(Poverty eradication)" was given in which Five Year Plan?

1.Second Plan

2.Fourth Plan

3.Fifth Plan

4.Sixth Plan


Question:
What is OPEC ?

1.The latest space shuttle of USA

2.The latest space drive of Russia

3.Organisation of oil producing companies of India

4.Organisation of oil exporting countries


Question:
When was the Planning Commission established?

1.10th March, 1950

2.15th March, 1950

3.20th March, 1950

4.16th March, 1951


Question:
Which among the following State/ UT / city has the highest per capita electricity consumption in the country?

1.Pondicherry

2.Delhi

3.Mumbai

4.Dadra & Nagar Haveli


Question:
Which among the following states of India is running the Dhanwantari Yojana in the healthcare sector?

1.Haryana

2.Punjab

3.Madhya Pradesh

4.Tamil Nadu


Question:
Which among the following was the first deepwater block in India to start production?

1.Krishna Godavari D-6

2.Mahanadi deepwater block NEC-DWN-2002/1

3.SB-11

4.KG-DWN- 2005/2


Question:
Which is the highest body that approves Five Year Plans in the country?

1.Planning Commission

2.Union Cabinet

3.Parliament

4.National Development Council


Question:
Which measure comes under quantitative credit controls adopted by Central Bank of the Country ?

1.Bank Rate

2.Open Market Operations

3.Cash Reserve Ratio

4.All of these


Question:
Which of the final authority in India to approve Five Year Plan?

1.Union Council of Ministers

2.Planning Commission

3.Prime Minister

4.None of these


Question:
Which of the following is an extra-constitutional body?

1.Union Public Service Commission

2.Finance Commission

3.Election Commission

4.Planning Commission


Question:
Which rural schemes were merged with Swarna Jayanti Gram Swarojgar Yojana ?

1.TRYSEM and MNP

2.DPAP and IRDP

3.NREP and RLEGP

4.IRDP and TRYSEM


Question:
Which state has the lowest sex ratio?

1.Haryana

2.Kerala

3.Tamil Nadu

4.Maharashtra


Question:
Who of the following is Chairman of Planning Commission of India?

1.Pro A.M. Khusro

2.N.K, P. Salve

3.M.S. Ahluwalia

4.None of these


Question:
Who presides over the National Development Council of India?

1.Deputy Chairman of Planning Commission of India

2.Prime Minister of India

3.Finance Minister of India

4.Vice President of India


Question:
Who was the Chairman of high powered committee of finalising a new methodology for measuring poverty ?

1.Suresh Tendulkar

2.C. Rangrajan

3.D. T. Lakadawala

4.Y. K. Alagh


Question:
Who was the First Chairman of Planning Commission of India?

1.M. Viswesvarya

2.Pt. Jawahar Lal Nehru

3.P.C. Mahalanobis

4.John Mathai


Question:
Yashaswini rural healthcare scheme is being implemented in which among the following states of India?

1.Andhra Pradesh

2.Karnataka

3.Himachal Pradesh

4.Orissa


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  15. Economics Balance of Payments
  16. Economics Central Bank
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  18. Economics International Economic Organisations
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  23. Economics Demand and Supply Set-1
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  27. Economics Transport Communication and Human Resources
  28. Economics Wages Rent Interest and Profit
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  30. Economics Great Economists and Their Work Set-1
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  32. Economics Market and Revenue Curves
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  34. Economics National Income Accounting Set-1
  35. Economics World Economy
  36. Economics National Income Accounting Set-2
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  38. MCQ Indian Economy Set 1
  39. MCQ Indian Economy Set 2
  40. MCQ Indian Economy Set 3
  41. MCQ Indian Economy Set 4
  42. Indian Economy MCQs Part 1
  43. Indian Economy MCQs Part 2
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  46. Economics MCQ QUESTION AND ANSWER
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