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This section includes 2369 Mcqs, each offering curated multiple-choice questions to sharpen your Economics knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
At present, what percentage of the total agricultural credit is provided from institutional sources? |
| A. | 45 percent |
| B. | 55 percent |
| C. | 65 percent |
| D. | 75 percent |
| Answer» D. 75 percent | |
| 2. |
When the Kisan Credit Card scheme was started with the objective of facilitating loans received from commercial banks, regional rural banks and cooperative banks? |
| A. | 1997 - 1998 |
| B. | 1998 - 1999 |
| C. | 1999 - 2000 |
| D. | 2000 - 2001 |
| Answer» C. 1999 - 2000 | |
| 3. |
Which of the following crops are grown mainly in irrigated areas in Zayed? |
| A. | tur and gram |
| B. | Moong and Urad |
| C. | Rice and Millets |
| D. | maize and groundnut |
| Answer» C. Rice and Millets | |
| 4. |
Which of the following is the most valuable item of agricultural export of India? |
| A. | oil cake |
| B. | raw cotton |
| C. | rice |
| D. | Spices |
| Answer» D. Spices | |
| 5. |
Where was the first railway line built in India? |
| A. | Between Mumbai and Thane |
| B. | Between Howrah and Serampore |
| C. | Between Chennai and Guntur |
| D. | between Delhi and Agra |
| Answer» B. Between Howrah and Serampore | |
| 6. |
Which of the following is the transport system which carries the maximum number of passengers in a year in India? |
| A. | Inland water transport |
| B. | Indian Railways |
| C. | Indian Airlines |
| D. | telco buses |
| Answer» C. Indian Airlines | |
| 7. |
This collapse which has been accorded the status of the first corporate collapse in the country, is- |
| A. | Mumbai Fall |
| B. | Paradip Fall |
| C. | Tuticorin Fall |
| D. | Ennore Fall |
| Answer» E. | |
| 8. |
India port is the largest cargo port of South Asia |
| A. | Colombo |
| B. | Karachi |
| C. | Mumbai |
| D. | Kolkata |
| Answer» D. Kolkata | |
| 9. |
Where has the first teleport of the country been established for the best handling of telephone traffic of the country and abroad? |
| A. | Kolkata |
| B. | Hyderabad |
| C. | Bangalore |
| D. | Chennai |
| Answer» D. Chennai | |
| 10. |
The largest item of expenditure in the current account of the budget of the Central Government is – |
| A. | defense expenditure |
| B. | Central planning |
| C. | interest payment |
| D. | expenditure on social projects |
| Answer» C. interest payment | |
| 11. |
Some of the major deficits in the budget of the Government of India are contributed by – |
| A. | primary deficit |
| B. | fiscal deficit |
| C. | revenue loss |
| D. | income expenditure deficit |
| Answer» C. revenue loss | |
| 12. |
Whose responsibility is to prepare the five year plan? |
| A. | The Office of the Prime Minister |
| B. | national development council |
| C. | Planning Commission |
| D. | central and state government |
| Answer» D. central and state government | |
| 13. |
Who is credited with preparing the draft of the Seventh Five Year Plan? |
| A. | V. P . Lion |
| B. | Chandrashekhar |
| C. | Madhulimaye |
| D. | Ramakrishna Hegde |
| Answer» E. | |
| 14. |
Under which five year plan was the sloganGaribi Hataogiven in India? |
| A. | second |
| B. | third |
| C. | fifth |
| D. | ninth |
| Answer» D. ninth | |
| 15. |
The Deputy Chairman of the Planning Commission is accorded the status of importance in the order of priority of the Government of India by- |
| A. | Similar to Cabinet Minister of the Government of India |
| B. | like a Supreme Court judge |
| C. | Similar to the Chairman of the Parliamentary Committee |
| D. | Secretary to the Government of India |
| Answer» B. like a Supreme Court judge | |
| 16. |
The objective of the Eleventh Five Year Plan was |
| A. | alleviation of poverty |
| B. | Included economic growth |
| C. | development with social justice |
| D. | development of minorities |
| Answer» C. development with social justice | |
| 17. |
India's contribution to world exports in 1950 was 85 percent, at present it is approximately - |
| A. | 0 . 80 percent |
| B. | 5 percent |
| C. | 2 . 00 percent |
| D. | 2 . 50 percent |
| Answer» D. 2 . 50 percent | |
| 18. |
Which country has announced to stop textile imports from India due to the use of azo based dyes in dyeing of textiles? |
| A. | U. K. |
| B. | Germany |
| C. | Japan |
| D. | United States |
| Answer» C. Japan | |
| 19. |
The item of export of India is - |
| A. | petroleum products |
| B. | drugs |
| C. | Tea |
| D. | Fertilizer |
| Answer» D. Fertilizer | |
| 20. |
In the context of export of carpets, thecarpet markrefers to which fact? |
| A. | indicate that the objects are carpets |
| B. | It is a sign that the object is a specimen of handicraft |
| C. | This indicates that child labor is not used in making the goods. |
| D. | This does not indicate any fact |
| Answer» D. This does not indicate any fact | |
| 21. |
Mid-day meal scheme is not related to – |
| A. | by educational advancement |
| B. | socially |
| C. | right to food |
| D. | from infant nutrition |
| Answer» D. from infant nutrition | |
| 22. |
Which of the following scheme has been started by the Government of India to motivate the children for school zone regularly? |
| A. | cottage light |
| B. | midday meal |
| C. | MANREGA |
| D. | Rajiv Awas Yojana |
| Answer» C. MANREGA | |
| 23. |
pna Van Apna Dhanscheme has been started by which of the following states - |
| A. | by Uttar Pradesh |
| B. | by Madhya Pradesh |
| C. | by Himachal Pradesh |
| D. | by Arunachal Pradesh |
| Answer» D. by Arunachal Pradesh | |
| 24. |
Which scheme has been launched to make India's cities slum-free? |
| A. | Jawaharlal Nehru National Urban Renewal Mission |
| B. | Construction of India |
| C. | Rajiv Awas Yojana |
| D. | Indira Awas Yojana |
| Answer» C. Rajiv Awas Yojana | |
| 25. |
Villages located in the flat region of India are covered under Pradhan Mantri Gram Sadak Yojana, if the population of that village is . . . . . . . . . . . . More than - |
| A. | 500 , |
| B. | 1000 , |
| C. | 1500 , |
| D. | 2000 , |
| Answer» C. 1500 , | |
| 26. |
Now the wages of the workers working under Mahatma Gandhi National Rural Employment Act. . . . . . . . . . . . based on - |
| A. | wholesale price index |
| B. | base rate of banks |
| C. | Repo rate fixed by RBI |
| D. | consumer price Index |
| Answer» E. | |
| 27. |
The program being implemented in all the districts of the country is - |
| A. | Navodaya Vidyalaya |
| B. | Rajiv Gandhi Rural Electrification Scheme |
| C. | Sarva Shiksha Yojana |
| D. | MANREGA |
| Answer» D. MANREGA | |
| 28. |
Which one of the following schemes has not been started by the Government of India? |
| A. | old age pension scheme |
| B. | Bharat Nirman Yojana |
| C. | Kutir Jyoti Yojana |
| D. | life wave |
| Answer» E. | |
| 29. |
Under Indira Gandhi National Old Age Pension Scheme, the amount of pension for persons above 60 years of age is Rs. 200 has been increased to how much - |
| A. | Rs. 300 |
| B. | Rs. 400 |
| C. | Rs. 500 |
| D. | Rs. 1000 |
| Answer» D. Rs. 1000 | |
| 30. |
Indira Awas Yojana is a scheme to help people in housing - |
| A. | accommodation for the disabled |
| B. | housing for orphans |
| C. | housing for poor villagers |
| D. | housing for poor townspeople |
| Answer» D. housing for poor townspeople | |
| 31. |
Which of the following welfare scheme has been started by the Government of India? |
| A. | life support |
| B. | life soft |
| C. | mid day meal plan |
| D. | elixir of life |
| Answer» D. elixir of life | |
| 32. |
When was the Minimum Wages Act implemented in India? |
| A. | 1936 AD |
| B. | 1948 AD |
| C. | 1951 AD. |
| D. | 1956 AD |
| Answer» C. 1951 AD. | |
| 33. |
According to the recently released data by the Ministry of Housing and Urban Poverty Alleviation, which of the following state has the highest number of slums? |
| A. | Uttar Pradesh |
| B. | West Bengal |
| C. | Maharashtra |
| D. | Andhra Pradesh |
| Answer» E. | |
| 34. |
Karl Marx belonged to which of the following countries? |
| A. | Germany |
| B. | Holland |
| C. | France |
| D. | Britain |
| Answer» B. Holland | |
| 35. |
Karl Marx's bookDas Kapitalwas published in - |
| A. | in 1857 |
| B. | in 1862 |
| C. | in 1867 |
| D. | in 1872 |
| Answer» D. in 1872 | |
| 36. |
Mid-day meal scheme is not related to- |
| A. | by educational advancement |
| B. | socially |
| C. | right to food |
| D. | from infant nutrition |
| Answer» D. from infant nutrition | |
| 37. |
adhaaris a program - |
| A. | To help senior citizens |
| B. | To provide nutritional support to adolescent girls |
| C. | For social security training to general public |
| D. | To provide identity to Indian citizens |
| Answer» E. | |
| 38. |
Who is called the father of modern economics? |
| A. | Adam Smith |
| B. | marshal |
| C. | whos |
| D. | robbins |
| Answer» B. marshal | |
| 39. |
TheGolden Handshakescheme is related to- |
| A. | invite foreign companies |
| B. | private investment in public enterprises |
| C. | setting up a joint venture |
| D. | voluntary retirement |
| Answer» E. | |
| 40. |
Who established the Nobel Prize in Economics? |
| A. | Alfred Nobel |
| B. | central bank of sweden |
| C. | Nobel Committee |
| D. | world bank |
| Answer» C. Nobel Committee | |
| 41. |
Which state was the first to implement value-added in India? |
| A. | Jharkhand |
| B. | Delhi |
| C. | Haryana |
| D. | Goa |
| Answer» D. Goa | |
| 42. |
Mivate is related to – |
| A. | by production tax |
| B. | from value added tax |
| C. | from wealth tax |
| D. | from income tax |
| Answer» C. from wealth tax | |
| 43. |
Nobel Prize winning first Asian economist Prof. The book written by Amartya Sen is - |
| A. | Collective Choice and Social Welfare |
| B. | Poverty and Feminines |
| C. | India Economic Development and Social Opportunity |
| D. | all of the suitable |
| Answer» E. | |
| 44. |
Where is the commercial magazine Commerce published from - |
| A. | from New Delhi |
| B. | from mumbai |
| C. | from New York |
| D. | from Kolkata |
| Answer» C. from New York | |
| 45. |
Where is thePlanmagazine published from - |
| A. | by Ministry of Human Resource Development |
| B. | by Ministry of Information and Broadcasting |
| C. | By the publishing department |
| D. | none of these |
| Answer» C. By the publishing department | |
| 46. |
The author of the bookFree Trade Todayis- |
| A. | P . N. Bhagwati |
| B. | Jagdish Bhagwati |
| C. | C . Rangarajan |
| D. | J. M . Lyngdoh |
| Answer» C. C . Rangarajan | |
| 47. |
The author of the bookPlanned Economy for Indiais- |
| A. | Dada Bhai Naoroji |
| B. | Sir M. Visvesvaraya |
| C. | Manmohan Singh |
| D. | K. M . scribe |
| Answer» C. Manmohan Singh | |
| 48. |
The Deepak Parikh Committee was constituted inter alia for which one of the following purposes - |
| A. | To study the current socioeconomic status of some minority communities |
| B. | To suggest measures for infrastructure development and financing |
| C. | formulating a policy for the production of genetically modified organisms |
| D. | Suggesting measures to reduce the fiscal deficit in the Union Budget |
| Answer» C. formulating a policy for the production of genetically modified organisms | |
| 49. |
Taraper Committee was related to which one of the following? |
| A. | special economic zone |
| B. | full capital account convertibility |
| C. | foreign exchange market |
| D. | Effect of oil prices on Indian economy |
| Answer» C. foreign exchange market | |
| 50. |
b. K Chaturvedi committee has done work related to which of the following - |
| A. | Center State Relations Review |
| B. | Review of Delimitation Act |
| C. | Tax Reforms and Revenue Augmentation Measures |
| D. | price correction in the oil sector |
| Answer» E. | |