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MCQ on Indian Economy
Q: Which of the following sector gives the largest income in India ?
A: Trade sector
B: Railway
C: Agriculture
D: Service sector
Answer
Service sector
Q: The Special Economic Zones Act was passed by the Indian Parliament in 2005 and the Act came into force in:
A: 2006
B: 2009
C: 2010
D: 2012
Answer
2006
Q: The Iron and Steel plants of Rourkela and Durgapur were conceived under the:
A: First Five Year Plan
B: Second Five Year Plan
C: Third Five Year Plan
D: Fourth Five Year Plan
Answer
Second Five Year Plan
Q: If withdrawal of a worker from employment does not create any output loss, this situation is known as
A: Search unemployment
B: Voluntary unemployment
C: Disguised unemployment
D: Frictional unemployment
Answer
Disguised unemployment
Q: Green revolution occurred during:
A: 1945-1955
B: 1965-1975
C: 1985-1995
D: none of these
Answer
1965-1975
Q: The Reserve Bank of India was established in the year :
A: 1930
B: 1935
C: 1940
D: 1945
Answer
1935
Q: Which among the following in India has the function of recommending Minimum Support Prices for various commodities to the Government ?
A: National Farmers Commission
B: Commission for Agricultural Costs and Prices
C: Central Statistical organization
D: Department of Agriculture
Answer
Commission for Agricultural Costs and Prices
Q: Which prograrnme gave the slogan,
Garibi Hatao
?
A: 4th Five Year Plan
B: 5th Five year plan
C: 6th Five Year Plan
D: 7th Five year plan
Answer
5th Five year plan
Q: Which of the following has the highest per capita income ?
A: Delhi
B: Sikkim
C: Haryana
D: Goa
Answer
Goa
Q: What is hard currency?
A: A stable currency
B: Arranged in war time
C: Issued by IMF
D: Given by RBI to foreign banks
Answer
A stable currency
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