Indian Economy Set 2

Bachelor of Business Administration (BBA),

Bachelor of Arts (BA),

Bachelor of Arts in Economics (BA Economics),

Union Public Service Commission (UPSC)

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This set of Indian Economy Multiple Choice Questions & Answers (MCQs) focuses on Indian Economy Set 2

Q1 | The Gini coefficient of India in 2011is:
  • 36.8
  • 33.4
  • 32.10
  • 38.1
Answer: 36.8
Q2 | The average MPCE of rural people in India according to 68 th round ofNSSO is:
  • rs.1281.45
  • rs.2401.68
  • rs.2105
  • rs.455
Answer: rs.1281.45
Q3 | Among the following states which has the highest HDI value?
  • goa
  • punjab
  • kerala
  • tamil nadu
Answer: kerala
Q4 | The annual growth rate of India’s population according to 2011censusis:
  • 1.9%
  • 1.76%
  • 2%
  • none
Answer: 1.76%
Q5 | What is the percentage of agricultural population in India in 2012.
  • 66 per cent
  • 35 percent
  • 70 percent
  • 90 percent
Answer: 66 per cent
Q6 | What was the contribution of the primary sector to net domestic product ofIndia in 2011.
  • 80%
  • 18%
  • 53%
  • 25%
Answer: 18%
Q7 | In which year New Agricultural strategy was introduced in India.
  • 1960
  • 1950
  • 1966
  • 1991
Answer: 1966
Q8 | Which state of India has derived the maximum benefit from GreenRevolution.
  • kerala
  • maharashtra
  • u.p
  • punjab
Answer: punjab
Q9 | Land reform includes:
  • new idea of irrigation
  • fertilizers
  • new seeds
  • all of the above
Answer: all of the above
Q10 | Which are kharif crop(s)
  • maize
  • cotton
  • sugar cane
  • all of these
Answer: all of these
Q11 | Which is the main wheat production State of India
  • punjab
  • orissa
  • goa
  • none of there
Answer: punjab
Q12 | Which is the Commercial crop
  • tea
  • rice
  • wheat
  • none of there
Answer: tea
Q13 | Tenancy reform is related to.
  • regulation of rent
  • security of tenure
  • conferment of ownership rights
  • all of the above
Answer: all of the above
Q14 | PDS Stands for:
  • public distribution system
  • public division system
  • price distribution system
  • all of these
Answer: public distribution system
Q15 | Agricultural Credit is given by.
  • co-operatives
  • rrbs
  • nabard
  • all of the above
Answer: all of the above
Q16 | India’s Green revolution was most successful in …………Production:
  • wheat
  • rice
  • maize
  • cotton
Answer: wheat
Q17 | Regional Rural Bank were started in ………………..
  • 1969
  • 1972
  • 1975
  • 1991
Answer: 1975
Q18 | The worst form of land tenurs system was…………………….
  • zamindary
  • riotwary
  • mahalwari
  • malguzari
Answer: zamindary
Q19 | When the first industrial policy was introduced ?
  • 1951.
  • 1991.
  • 1948.
  • 1956
Answer: 1948.
Q20 | How many industries are reserved for the public sector in the newIndustrial policy 1991.
  • 60
  • 8
  • 10
  • 12
Answer: 8
Q21 | SSI stands for
  • small scale industries ,
  • small saving interest ,
  • saving social of india ,
  • all the three
Answer: small scale industries ,
Q22 | SAIL was set up in
  • 1980.
  • 1970 .
  • 1974.
  • 1989.
Answer: 1974.
Q23 | IISCO came under the control of :
  • rbi
  • sail
  • uti
  • pnb
Answer: sail
Q24 | MARTP Act is related to …………….
  • industry
  • service
  • bank
  • shipping
Answer: industry
Q25 | Small –scale industries contributed …………% towards total productionof manufacturing :
  • 20.43
  • 5.83
  • 10.3
  • 16.79
Answer: 5.83
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