Indian Economy MCQ: In this post, we share Indian Economy questions. Economy Question And Answers is very important for all competitive exams. All candidates must be read this post and Learn India Economy GK.
Economics General Knowledge
Ques 1. What was the vision document prepared by the Planning Commission with the aim of making India a developed nation by 2020?
Ans. India Vision-2020
Ques 2. Under which crop comes the maximum agricultural land in India?
Ques 3. Which is the biggest nationalized enterprise of India at present?
Ans. Indian Railways
Ques 4. Who is the ex-officio chairman of the National Development Council?
Ans. Prime Minister
Ques 5. In which state maximum Scheduled Tribes live?
Ans. In Madhya Pradesh
Ques 6. Which step is helpful in rectifying the situation in case of opposite balance of payments?
Ques 7. In the history of five-year plans, which plan is considered to be India’s most unsuccessful plan?
Ans. Third Plan
Ques 8. Under the tenth five-year plan, the target of what percent annual growth rate was set?
Ques 9. Disguised unemployment is generally seen in which sector in India?
Ans. In agriculture sector
Ques 10. Which sector has been given maximum priority in the first five year plan?
Ans. Agriculture sector
Indian Economy MCQ
Ques 11. What was the main objective of ‘Antodaya’ programme?
Ans. Helping the poorest of the poor
Ques 12. With what are the words ‘Bull’ and ‘Beer’ related?
Ans. From the stock market
Ques 13. In the second five-year plan, the development of which sector was given maximum emphasis?
Ans. Industry sector
Ques 14. What is the relationship between the value of money and the price level in the economy?
Ques 15. Which sector contributes the most to the national income of India?
Ans. Manufacturing sector
Ques 16. What is the position of India in the production of eggs in the world?
Ques 17. Which index has been considered as the basis for the assessment of poverty in rural areas?
Ans. Consumer Price Index for Agricultural Laborers
Ques 18. What is the basis of determining the dearness allowance of the employees in India?
Ans. Consumer Price Index
Ques 19. What is meant by budget deficit?
Ans. Difference between total receipts and total expenditure
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