Indian Economy MCQ Questions

Indian Economy MCQ Questions

  • Satyam Jaiswal
  • 01st Jul, 2021

We are introducing here the best Indian Economy MCQ Questions, which are very popular & cover the latest and important topics of Indian Economy. This Indian Economy MCQ Test contains Top 25+ Indian Economy Multiple Choice Questions and Answers, so practice these questions to check your final preparation for Indian Economy Exams, Interviews & Placement Drives.

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Practice Best Indian Economy MCQ Questions;

1) India’s first mega food park is located in _________

  • A. Delhi
  • B.Lucknow
  • C.Haridwar
  • D.Chandigarh

2) Which among the following sector uses maximum commercial energy in India?

  • A. Transport
  • B.Industries
  • C.Agriculture
  • D.Household sector

3) The first complete Indian Bank was established in which year?

  • A. 1894
  • B.1895
  • C.1896
  • D.1897

4) Economic Survey is published by

  • A. Govt. of India
  • B.Ministry of finance
  • C.Planning commission
  • D.Indian statistical institute

5) Who is the chairman of planning commission in India

  • A. President
  • B.Vice president
  • C.Prime Minister
  • D.Finance Minister

6) Who is the largest trading partner of India?

  • A. . USA
  • B.China
  • C.England
  • D.United Arab Emirates

7) What is the fullform of Niti yog?

  • A. National Institute to Transform India
  • B.National Institution to Transform India
  • C.National Institute for Transforming India
  • D.National Institution for Transforming India

8) Indian Economy is

  • A. Free Economy
  • B.Mixed Economy
  • C.Socialist Economy
  • D.Gandhian Economy

9) PDS stands for

  • A. Public Division system
  • B.Price Distribution system
  • C.Public Distribution System
  • D.None of them

10) GDP is the total values of

  • A. All final goods and services
  • B.All interactive goods and services
  • C.All international goods and services
  • D.Both A & B

11) Income tax in India was introduced by

  • A. James Wilson
  • B.William Jones
  • C.Mahavir Tyagi
  • D.Nicholas Kaldor

12) National Rural Health mission was launched in

  • A. July 2005
  • B.August 2005
  • C.April 2005
  • D.October 2005

13) The first fully Indian Bank is

  • A. Canara Bank
  • B.Punjab National Bank
  • C.Central Bank of India
  • D.State Bank of India

14) SIDBI stands for _____

  • A. Small Industries Design Bank of India
  • B.Small Industries Development Bank of India
  • C.Small Industrial Development Banker Institute
  • D.Small Innovation Development Banker's Institute

15) NITI AYOG was established on

  • A. 1st January 2015
  • B.26th January 2015
  • C.15th August 2015
  • D.2nd October 2015

16) When community development Programme (CDP) started?

  • A. 1952
  • B.1953
  • C.1954
  • D.1955

17) Economic growth can be measured by

  • A. GDP
  • B.MPC
  • C.The CPI
  • D.The CBI

18) What type of economy is followed in India?

  • A. Capitalist
  • B.Communist
  • C.Mixed Socialist
  • D.None of them

19) Which is the primary objective of economic planning in India?

  • A. Abolition of poverty
  • B.Growth with social justice
  • C.Removing unemployment
  • D.Reducing Inequalities of income

20) Mahila Samridhi Yojana started in ?

  • A. 1992
  • B.1993
  • C.1994
  • D.1995

21) First Regional Rural Bank came into existence in

  • A. 1973
  • B.1974
  • C.1975
  • D.1976

22) Export-Import bank of India was established in?

  • A. 1981
  • B.1982
  • C.1983
  • D.1984

23) Which of the following Article is related to Panchayati Raj?

  • A. Article 73
  • B.Article 124
  • C.Article 243
  • D.Article 324

24) “GRAND INNOVATION CHALLENGE” was launched by

  • A. NITI Aayog
  • B.Finance Commission
  • C.Planning Commission
  • D.National Planning Committee

25) Who is known as the father of green revolution in India?

  • A. Dr. M S Ahluwalia
  • B.Dr. Varghese Kurian
  • C.Dr. M S Swaminathan
  • D.Dr. Manmohan Singh

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