Indian Economy Set 4
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This set of Indian Economy Multiple Choice Questions & Answers (MCQs) focuses on Indian Economy Set 4
Q1 | Which is the primary objective of economic planning in India
- Reducing Inequalities of
- Abolition of poverty
- Growth with social justice
- Removing unemployment
Q2 | Which of the following is associated with poverty estimation ?
- Tendulkar committee
- Lakdawala committee
- Saxena committee
- All the above
Q3 | Which of the following state introduced Employment Guarantee Scheme first?
- Madhya Pradesh
- Maharashtra
- Tamil Nadu
- Karnataka
Q4 | Infant mortality
- Defined as the annual number of deaths of infant under 1 year
- Reflects the availability of primary education, the rights of
- life expectancy up to age 3.
- Reflects the availability of hospitals and
Q5 | is below the income that secures the bare essentials of food, clothing,
- Income inequality.
- Absolute poverty.
- Sen’s poverty index.
- Purchasing-power poverty.
Q6 | The unemployment rate is the
- Employed plus unemployed divided by labor force.
- Total employment divided by population.
- Labor force divided by population.
- Uunemployed divided by employed
Q7 | In which type of unemployment do the marginal productivity of the workers is zero?
- Disguised Unemployment
- Involuntary unemployment
- Seasonal unemployment
- Structural Unemployment
Q8 | Which is the state with minimum sex ratio in India?
- Chandigarh
- Delhi
- Haryana
- Punjab
Q9 | Which is the state with highest number of Scheduled Castes in India?
- Andhra Pradesh
- Bihar
- Tamil Nadu
- Uttar Pradesh
Q10 | Which country is the largest consumer of sugar in the world?
- USA
- CHINA
- JAPAN
- INDIA
Q11 | Which is the largest sugar-producing country in the world?
- INDIA
- CHINA
- BRAZIL
- None of the above
Q12 | When was cotton textile industry established in Mumbai?
- 1854
- 1855
- 1948
- 1956
Q13 | Which is the Indian state with the highest number of powerlooms?
- Gujarat
- Madhya Pradesh
- Maharashtra
- Tamil Nadu
Q14 | Which of the following industries is not a heavy industriy.
- Cotton textile
- Cement
- Iron and Steel
- Ship building
Q15 | Which one of the following agencies, markets steel for the public sector plants?
- HAIL
- SAIL
- TATA Steel
- MNCC
Q16 | Where was oil discovered for the first time in India?
- Digboi
- Numaligarh
- Bongaigon
- Barauni
Q17 | In production sector, a micro enterprise is an enterprise where investment in plant and
- 10 LAKH
- 15 LAKH
- 12 LAKH
- 25 LAKH
Q18 | Which of the following does not form part of current account under balance of payments?
- Export and import of goods
- Export and import of services
- Income receipts and payments
- Capital receipts and payments
Q19 | Balance in capital account refer to the
- Nation’s net exports of goods and services
- Nation’s net exports of financial claims
- Nation’s net exports of international official reserve assets
- Nation’s sum of net exports of goods, services and financial
Q20 | Balance in capital account refer to the
- National Development Council (NDC)
- Ministry of Finance
- Planning Commission (now NITI Aayog)
- President of India
Q21 | When was the first five-year plan of India started?
- 1949
- 1950
- 1952
- 1951
Q22 | What as the prime target of the first five-year plan of India?
- Development of the industries
- Development of Agriculture
- Development of infrastructure
- Development of ports
Q23 | Which programme given the slogan of Garibi Hatao?
- 7th five-year plan
- 3rd five year plan
- 6th five year plan
- 5th five-year plan
Q24 | In which five-year plan India opted for a mixed economy?
- First
- Second
- Third
- Fourth
Q25 | When was the plan holiday declared?
- After the third plan
- After the fourth plan
- After the fifth plan
- After the sixth plan