MCQOPTIONS
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MCQOPTIONS
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.
| 501. |
The basis of assessment of minor irrigation project is – |
| A. | Expansion of 2000 hectare irrigation area |
| B. | Expansion of 3000 hectare irrigation area |
| C. | Expansion of 5000 hectare irrigation area |
| D. | Extension of Irrigation Area to 10000 Hectares |
| Answer» B. Expansion of 3000 hectare irrigation area | |
| 502. |
What percentage of the total agricultural area in India is completely dependent on rainfall? |
| A. | 50 percent |
| B. | 55 percent |
| C. | 60 percent |
| D. | 73 percent |
| Answer» C. 60 percent | |
| 503. |
As a result of continuous increase in population, the average size of holdings in India has come down. |
| A. | 55 hectares |
| B. | 84 hectares |
| C. | 2 . 30 hectares |
| D. | 69 hectares |
| Answer» B. 84 hectares | |
| 504. |
How many of the following holding farmers are included in marginal farmers in India? |
| A. | up to 1 hectare |
| B. | up to 2 hectares |
| C. | up to 3 hectares |
| D. | up to 4 hectares |
| Answer» B. up to 2 hectares | |
| 505. |
The area under food grains at present is - |
| A. | 114 min. hectare |
| B. | 118 min. hectare |
| C. | 122 min. hectare |
| D. | 128 min. hectare |
| Answer» D. 128 min. hectare | |
| 506. |
What percentage of India's agricultural land is irrigated? |
| A. | A third |
| B. | one fourth |
| C. | half |
| D. | total |
| Answer» B. one fourth | |
| 507. |
Which defective model was ordered by India's leading automobile company Maruti-Suzuki to replace faulty fuel pump gasket? |
| A. | Maruti - 800 |
| B. | MarutiAStar |
| C. | Wagon R |
| D. | baloni |
| Answer» C. Wagon R | |
| 508. |
What percentage of India's population is 1 hectare or smaller - |
| A. | 33 percent |
| B. | 56 percent |
| C. | 65 percent |
| D. | 86 percent |
| Answer» D. 86 percent | |
| 509. |
What is meant by multinational company? |
| A. | a person who has traveled to many countries |
| B. | a company that operates in several countries |
| C. | a person who has citizenship of several countries |
| D. | Organization set up to help developing countries |
| Answer» C. a person who has citizenship of several countries | |
| 510. |
Bhilai Steel Plant has been established with the help of- |
| A. | U. K. |
| B. | U. s . a . |
| C. | Russia |
| D. | Germany |
| Answer» D. Germany | |
| 511. |
Agmark is guaranteed by the standard of - |
| A. | quality |
| B. | Maja |
| C. | weight |
| D. | Shape |
| Answer» B. Maja | |
| 512. |
Where was the concept of special economic zone first introduced? |
| A. | in china |
| B. | in India |
| C. | in japan |
| D. | in Pakistan |
| Answer» B. in India | |
| 513. |
The best example of capital intensive industry in India is |
| A. | clothing industry |
| B. | steel industry |
| C. | tourism industry |
| D. | Sporting goods industry |
| Answer» C. tourism industry | |
| 514. |
The reason for the decline of the Indian handicrafts industry in the 19th century was given as- |
| A. | Competition from British construction industries only |
| B. | Only Indian princely states to be abolished |
| C. | establishment of foreign rule only |
| D. | suitable all |
| Answer» E. | |
| 515. |
Which of the following is an example of Joint Sector Venture in India? |
| A. | Maruti Udyog Limited |
| B. | Indian Oil Corporation |
| C. | Hindustan Antibiotics Ltd. |
| D. | Bharat aluminum ltd. |
| Answer» B. Indian Oil Corporation | |
| 516. |
What was the number ofMaharatnaandNavratnaPSUs in India (at the end of June, 2014) - |
| A. | 4 and 15 |
| B. | 4 and 17 |
| C. | 7 and 16 |
| D. | 5 and 17 |
| Answer» D. 5 and 17 | |
| 517. |
The highest production of mill-made cloth is obtained in India - |
| A. | from Dadar Nagar Haveli |
| B. | from Gujarat |
| C. | from Maharashtra |
| D. | from Punjab |
| Answer» C. from Maharashtra | |
| 518. |
Where is the maximum area of jute in India? |
| A. | Assam |
| B. | A state in Eastern India |
| C. | Odisha |
| D. | Pt . Bengal |
| Answer» E. | |
| 519. |
Which one of the following is the largest software company in India? |
| A. | Infosys |
| B. | T. C . s . |
| C. | Wipro |
| D. | H. C. L. Take . |
| Answer» C. Wipro | |
| 520. |
Which of the following steel plant was established in India in 1965 by Pt. Started in collaboration with Germany |
| A. | Jamshedpur Tata Steel Plant |
| B. | Bokaro Steel Plant |
| C. | Durgapur Steel Plant |
| D. | Rourkela Steel Plant |
| Answer» E. | |
| 521. |
Who is the main competitor for Indian Jute Industry? |
| A. | China |
| B. | Nepal |
| C. | Bangladesh |
| D. | Japan |
| Answer» D. Japan | |
| 522. |
Navratna status is related to - |
| A. | from joint venture company |
| B. | from private company |
| C. | from public company |
| D. | power sector company |
| Answer» D. power sector company | |
| 523. |
Which state is known as the sugar bowl in India? |
| A. | Uttar Pradesh |
| B. | Punjab |
| C. | Andhra Pradesh |
| D. | A state in Eastern India |
| Answer» B. Punjab | |
| 524. |
The liberal industrial policy in India, adopted in the year, was |
| A. | 1948 , |
| B. | 1956 , |
| C. | 1985 , |
| D. | 1991 , |
| Answer» E. | |
| 525. |
Which of the following states is the major producer of sugar in India? |
| A. | Goa |
| B. | Punjab |
| C. | Jammu and Kashmir |
| D. | Maharashtra |
| Answer» E. | |
| 526. |
The year in which the first industrial policy of independent India was announced was- |
| A. | 1947 , |
| B. | 1948 , |
| C. | 1951 , |
| D. | 1956 , |
| Answer» C. 1951 , | |
| 527. |
Now the importance of packaging has increased because - |
| A. | It provides protection to the products |
| B. | It makes products attractive |
| C. | It increases the reliability of the products |
| D. | Provides all of the above |
| Answer» E. | |
| 528. |
Bharat Nirman scheme is related to – |
| A. | From infrastructural development |
| B. | self-sufficient food production |
| C. | family welfare program |
| D. | none of the suitable |
| Answer» B. self-sufficient food production | |
| 529. |
Which is the financial year in which disinvestment in public enterprises started? |
| A. | 1990 - 91 |
| B. | 1991 - 92 |
| C. | 1992 - 93 |
| D. | 1993 - 94 |
| Answer» C. 1992 - 93 | |
| 530. |
To encourage, promote multinational companies in India - |
| A. | of privatization policy |
| B. | to globalization policy |
| C. | to liberalization policy |
| D. | all the above policies |
| Answer» E. | |
| 531. |
How does an Industrial Finance Corporation of India function? |
| A. | as a commercial bank |
| B. | as a development bank |
| C. | as an industrial bank |
| D. | not in any of the appropriate |
| Answer» D. not in any of the appropriate | |
| 532. |
What happens when there is a decrease in the demand or an increase in the supply of things? |
| A. | things go up in price |
| B. | things fall in price |
| C. | prices stabilize |
| D. | price fluctuations are determined |
| Answer» C. prices stabilize | |
| 533. |
Which of the following centers is also known for the steel industry along with fertilizer? |
| A. | Gorakhpur |
| B. | Neyveli |
| C. | Rourkela |
| D. | Naharkatiya |
| Answer» D. Naharkatiya | |
| 534. |
Assured cost means - |
| A. | short term payments |
| B. | long term payments |
| C. | Payments made on fixed and subsequent costs |
| D. | payments made for productive resources |
| Answer» E. | |
| 535. |
In economics, knowledge, technical skill, education etc. are considered - |
| A. | social bonded capital |
| B. | human capital |
| C. | tangible physical capital |
| D. | working capital |
| Answer» C. tangible physical capital | |
| 536. |
The goods which are scarce and their supply is limited are called |
| A. | economic goods |
| B. | development goods |
| C. | expensive things |
| D. | capital goods |
| Answer» D. capital goods | |
| 537. |
Excise duty is payable on an article - |
| A. | in terms of production |
| B. | In terms of production and sales |
| C. | in terms of production and transportation |
| D. | in terms of production, transportation and sales |
| Answer» B. In terms of production and sales | |
| 538. |
The industrial policy of 1991 was criticized on many points. Which one of the following points was not among them? |
| A. | precarious industrial growth |
| B. | threat from foreign competition |
| C. | agriculture sector expectations |
| D. | False belief in foreign investment |
| Answer» D. False belief in foreign investment | |
| 539. |
Which of the following is the most dynamic factor of producer? |
| A. | Land |
| B. | Labour |
| C. | Finance |
| D. | Organization |
| Answer» D. Organization | |
| 540. |
OIL is an undertaking which is engaged in – |
| A. | in oil imports |
| B. | in oil refining |
| C. | in oil research |
| D. | in oil marketing |
| Answer» D. in oil marketing | |
| 541. |
Ecomark is a mark of certification given on a product that the product - |
| A. | Affordable priced. |
| B. | are environmentally friendly. |
| C. | are not going to be destroyed. |
| D. | are of good quality. |
| Answer» C. are not going to be destroyed. | |
| 542. |
Where is the Indian Institute of Carpet Technology located? |
| A. | Nagpur |
| B. | Patna |
| C. | traitor |
| D. | Jodhpur |
| Answer» D. Jodhpur | |
| 543. |
The largest car manufacturer in South Korea is |
| A. | hyundai |
| B. | honda |
| C. | Suzuki |
| D. | Toyota |
| Answer» B. honda | |
| 544. |
Symbolic privatization or deficit privatization of public sector units occurs when the government sells |
| A. | 5 percent share |
| B. | 10 percent share |
| C. | 15 percent share |
| D. | 20 percent share |
| Answer» B. 10 percent share | |
| 545. |
The first successful factory of paper industry in India was established in 1870 at which of the following places? |
| A. | Trunkwise |
| B. | Ballygunge |
| C. | Lucknow |
| D. | Serampore |
| Answer» C. Lucknow | |
| 546. |
The most suitable reason for the establishment of the huge fertilizer plant of Sindri is – |
| A. | Local Procurement of Coal and Coke |
| B. | Procurement of Gypsum from Jodhpur and Bikaner of Rajasthan for Sulphate Plant |
| C. | Access to water from nearby Damodar river |
| D. | all of which |
| Answer» E. | |
| 547. |
Which of the following oil refineries have been established near the mineral oil field? |
| A. | Visakhapatnam |
| B. | eyelash |
| C. | Salt clay |
| D. | Mathura |
| Answer» D. Mathura | |
| 548. |
The beginning of the fertilizer industry in India is believed to be from the super phosphate factories established at which of the following places? |
| A. | Ranipet |
| B. | Belegala |
| C. | ramagundam |
| D. | Panipat |
| Answer» B. Belegala | |
| 549. |
Which of the following state is leading industrially? |
| A. | Pt . Bengal |
| B. | Odisha |
| C. | Maharashtra |
| D. | m. Q. |
| Answer» D. m. Q. | |
| 550. |
Which industrial house is producing trucks under the name Ashok Leyland? |
| A. | Bye |
| B. | Birla |
| C. | godrej |
| D. | Hinduja |
| Answer» E. | |