Indian Economy Set 6
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This set of Indian Economy Multiple Choice Questions & Answers (MCQs) focuses on Indian Economy Set 6
Q1 | Economic Development means economic growth with:
- Price Stability
- Social Change
- Inflation
- Deflation
Q2 | The Planning Commission was formed on -
- 26th January 1950
- 15th August 1947
- 15th March 1950
- none
Q3 | The Planning Commission was dissolved on
- 15th August 2017
- 17th August 2014
- 26th January 2015
- none
Q4 | NITI Aayog, was formed via a resolution of the Union Cabinet on
- 15th August 2017
- 17th August 2014
- 1st January 2015
- none
Q5 | NITI Aayog is the premier ‘Policy Think Tank’ of the Government of India, providing
- directional and policy inputs
- Regulatory policy planning
- Monetary instructions
- none
Q6 | The major objectives of NITI Aayog are to -
- provides technical advice to the Centre and States
- design strategic and long-term policies/ programmes for Govt.
- Both of these
- none
Q7 | As per Union Budget documents, Nominal GDP of India in the year 2019-20 was
- 2.96 Trillion USD
- 3.27 Trillion USD
- 4.56 Trillion USD
- none
Q8 | NITI Aayog has framed its initiatives for
- “25-year Road map”, “5- year vision, strategy and 1-year action plans”
- “15-year Road map”, “7- year vision, strategy and 3 years action plans”
- 5-year Road map”, “2- year vision, strategy and 1-year action plans”
- none
Q9 | As per Ministry of Statistics & Program Implementation, what is the contribution of Primary sector to the GDP of India in the year 2018-19-
- 50.1 %
- 15.87%
- 29.73%
- none
Q10 | As per Ministry of Statistics & Program Implementation, what is the contribution ofTertiary/ Services sector to the GDP of India in the year 2018-19-
- 54.40 %
- 15.87%
- 29.73%
- none
Q11 | As per Ministry of Statistics & Program Implementation, what is the contribution ofsecondary sector to the GDP of India in the year 2018-19-
- 54.40 %
- 15.87%
- 29.73%
- none
Q12 | When did India become the member of World Trade Organization
- On 1 January , 1995
- On 15 July, 2009
- On 1 April 2011
- none
Q13 | According to 'Ease of doing business index' what is India's ranking
- 63
- 68
- 85
- none
Q14 | According to nominal Net State domestic product per capita ----- is the richest state inIndia.
- Haryana
- Delhi
- Goa
- none
Q15 | According to nominal Net State domestic product per capita ----- is the poorest state inIndia.
- Haryana
- Bihar
- Orrisa
- none
Q16 | What is India's ranking on Human Development Index released by UNDP in the year2019-
- 187
- 154
- 129
- none
Q17 | Human Development Index assesses the parameter
- Life Expectancy Index
- Education Index
- GNI Index
- All the three
Q18 | The gender inequality index in India measures
- public-private partnership
- discrimination between males & females
- discrimination between educated & uneducated
- none
Q19 | In gender inequality index India ranks at 122 out of 162 countries
- 157
- 104
- 122
- none
Q20 | The Regional Councils of NITI Aayog include
- Chief Minister of particular state
- Central Ministers & Secretaries of the sector
- domain experts of the sector
- All the three
Q21 | Antyodaya" scheme of NITI Aayog prioritizes
- Elimination of poverty
- spread of education
- the service & upliftment of poor, marginalized & downtrodden
- none
Q22 | Sustainability" as an indicator of economic growth means
- elimination of poverty
- more productivity
- responsible use of resources
- none
Q23 | First Five Year Plan was based on …
- Harrod-Domar Model
- Mahalanobis Model
- Sukhmoy Chakraborty
- none
Q24 | Which one of the following programs has been implemented to establish girls’ schools inthe districts having low female literacy rate?
- Kasturba Gandhi Education Scheme (KGES)l
- Indira Gandhi Education Scheme (IGES)
- Mother Teresa Education Scheme (MTES)
- none
Q25 | In terms of total trade (export + import), which among the following is the largest trading partner of India?
- U.S.
- China
- U.K.
- none