- Indian Economy Tutorial
- Indian Economy - Home
- Indian Economy - Introduction
- Indian Economy - Planning
- Indian Economy - Sectors
- Indian Economy - Demography
- Indian Economy - People As Resource
- Indian Economy - National Income
- Indian Economy - Poverty
- Indian Economy - Food Security
- Indian Economy - Employment
- Indian Economy - Infrastructure
- Indian Economy - Rural Development
- Indian Economy - Money & Banking
- Economy - Government Budget
- Indian Economy - Consumer Rights
- Indian Economy - Reforms
- Indian Economy - Open
- Indian Economy - Micro Economics
- Indian Economy - Macro Economics
- Economy - Sustainable Development
- Indian Economy Useful Resources
- Indian Economy - Online Quiz
- Indian Economy - Online Test
- Indian Economy - Quick Guide
- Indian Economy- Useful Resources
- Indian Economy - Discussion
Indian Economy Online Quiz
Following quiz provides Multiple Choice Questions (MCQs) related to Indian Economy. You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using Show Answer button. You can use Next Quiz button to check new set of questions in the quiz.
Q 1 - Consider the following statements:
1. Land Development Bank was established in 1919.
2. Land Development Bank provides credit for long term period.
Choose the correct answer from the codes given below:
Answer : C
Explanation
Land Development Bank is also known as Mortgage Bank.
Q 2 - The Community Development Program (CDP) was implemented in …
Answer : A
Explanation
The objective of CDP was the overall development of rural area with people’s participation.
Q 3 - The currency of 10 & 50 rupees is issued by …
Answer : B
Explanation
The currency of 10 & 50 rupees is issued by RBI.
Q 4 - Which among the following is the largest exported item (of India)?
Answer : A
Explanation
N/A
Q 5 - Khusro Committee is related to …
Answer : B
Explanation
The committee was set up in 1989.
Q 6 - Hindustan Insecticides Ltd. is located in …
Answer : D
Explanation
Another center of Hindustan Insecticides Ltd. is located in Delhi.
Q 7 - Which among the following is not a type of sales tax?
Answer : D
Explanation
N/A
Answer : A
Explanation
N/A
Answer : A
Explanation
Pimpri is located in Maharashtra.
Q 10 - Consider the following statements:
1. Janani Suraksha Yojana was set up on 2005.
2. Janani Suraksha Yojana will cover the women above 19 years old and falling in the category of below poverty line.
Choose the correct answer from the codes given below:
Answer : C
Explanation
The objective of the Yojana is to reduce maternal and neo-natal mortality by promoting institutional delivery system (especially among the poor pregnant women).
Answer : A
Explanation
Bovespa Share Price Index is the stock exchange of Brazil.
Q 12 - Dr. S. A. Dave Committee is related to …
A - Dr. S. A. Dave Committee is related to …
B - All India Rural Credit Review
Answer : C
Explanation
Estimation of Employments
Q 13 - Consider the following statements:
1. Rural incomes are normally much lower than the urban incomes.
2. In India, most of the farmers are illiterate and hardly know about scientific cultivation.
Choose the correct answer from the codes given below:
Answer : C
Explanation
N/A
Answer : A
Explanation
With about 58% of total contribution, service sector is the largest contributor to Indian GDP.
Q 15 - The currency of one rupee is issued by …
Answer : A
Explanation
The coin and currency of one rupee is issued by Finance Minister.
Q 16 - Which among the following correctly defines the objective of the scheme ‘Mega Food Park?’
B - Its objective is to provide two times food to all beggars
C - Its objective is to provide education with food to all remote regions of the country
D - Its objective is to improve the agriculture system by introducing advance technology.
Answer : A
Explanation
N/A
Q 17 - Digital India scheme, launched by Narendra Modi Government, was implemented in …
Answer : A
Explanation
The scheme is designed to create digital infrastructure in India.
Q 18 - Consider the following statements:
1. Repo rate is the rate at which commercial banks borrow money from RBI.
2. Reverse Repo rate is the rate at which RBI borrows money from commercial banks.
Choose the correct answer from the codes given below:
Answer : C
Explanation
N/A
Q 19 - Consider the following statements:
1. Capitalization includes bonds, debentures, etc.
2. Bonds and debentures are carried normally on the books of the issuing company.
Choose the correct answer from the codes given below:
Answer : C
Explanation
N/A
Q 20 - Which one of the following programs has been implemented to provide insurance facilities to rural people on low premium?
A - Group Life Insurance Scheme in Rural Areas (GLISRA)
B - Gramin Life Insurance Scheme in Rural Areas (GLISRA)
Answer : A
Explanation
The scheme has been implemented in 1995-96.
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