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				This section includes 2369 Mcqs, each offering curated multiple-choice questions to sharpen your Economics knowledge and support exam preparation. Choose a topic below to get started.
| 1. | At present, what percentage of the total agricultural credit is provided from institutional sources? | 
| A. | 45 percent | 
| B. | 55 percent | 
| C. | 65 percent | 
| D. | 75 percent | 
| Answer» D. 75 percent | |
| 2. | When the Kisan Credit Card scheme was started with the objective of facilitating loans received from commercial banks, regional rural banks and cooperative banks? | 
| A. | 1997 - 1998 | 
| B. | 1998 - 1999 | 
| C. | 1999 - 2000 | 
| D. | 2000 - 2001 | 
| Answer» C. 1999 - 2000 | |
| 3. | Which of the following crops are grown mainly in irrigated areas in Zayed? | 
| A. | tur and gram | 
| B. | Moong and Urad | 
| C. | Rice and Millets | 
| D. | maize and groundnut | 
| Answer» C. Rice and Millets | |
| 4. | Which of the following is the most valuable item of agricultural export of India? | 
| A. | oil cake | 
| B. | raw cotton | 
| C. | rice | 
| D. | Spices | 
| Answer» D. Spices | |
| 5. | Where was the first railway line built in India? | 
| A. | Between Mumbai and Thane | 
| B. | Between Howrah and Serampore | 
| C. | Between Chennai and Guntur | 
| D. | between Delhi and Agra | 
| Answer» B. Between Howrah and Serampore | |
| 6. | Which of the following is the transport system which carries the maximum number of passengers in a year in India? | 
| A. | Inland water transport | 
| B. | Indian Railways | 
| C. | Indian Airlines | 
| D. | telco buses | 
| Answer» C. Indian Airlines | |
| 7. | This collapse which has been accorded the status of the first corporate collapse in the country, is- | 
| A. | Mumbai Fall | 
| B. | Paradip Fall | 
| C. | Tuticorin Fall | 
| D. | Ennore Fall | 
| Answer» E. | |
| 8. | India port is the largest cargo port of South Asia | 
| A. | Colombo | 
| B. | Karachi | 
| C. | Mumbai | 
| D. | Kolkata | 
| Answer» D. Kolkata | |
| 9. | Where has the first teleport of the country been established for the best handling of telephone traffic of the country and abroad? | 
| A. | Kolkata | 
| B. | Hyderabad | 
| C. | Bangalore | 
| D. | Chennai | 
| Answer» D. Chennai | |
| 10. | The largest item of expenditure in the current account of the budget of the Central Government is – | 
| A. | defense expenditure | 
| B. | Central planning | 
| C. | interest payment | 
| D. | expenditure on social projects | 
| Answer» C. interest payment | |
| 11. | Some of the major deficits in the budget of the Government of India are contributed by – | 
| A. | primary deficit | 
| B. | fiscal deficit | 
| C. | revenue loss | 
| D. | income expenditure deficit | 
| Answer» C. revenue loss | |
| 12. | Whose responsibility is to prepare the five year plan? | 
| A. | The Office of the Prime Minister | 
| B. | national development council | 
| C. | Planning Commission | 
| D. | central and state government | 
| Answer» D. central and state government | |
| 13. | Who is credited with preparing the draft of the Seventh Five Year Plan? | 
| A. | V. P . Lion | 
| B. | Chandrashekhar | 
| C. | Madhulimaye | 
| D. | Ramakrishna Hegde | 
| Answer» E. | |
| 14. | Under which five year plan was the sloganGaribi Hataogiven in India? | 
| A. | second | 
| B. | third | 
| C. | fifth | 
| D. | ninth | 
| Answer» D. ninth | |
| 15. | The Deputy Chairman of the Planning Commission is accorded the status of importance in the order of priority of the Government of India by- | 
| A. | Similar to Cabinet Minister of the Government of India | 
| B. | like a Supreme Court judge | 
| C. | Similar to the Chairman of the Parliamentary Committee | 
| D. | Secretary to the Government of India | 
| Answer» B. like a Supreme Court judge | |
| 16. | The objective of the Eleventh Five Year Plan was | 
| A. | alleviation of poverty | 
| B. | Included economic growth | 
| C. | development with social justice | 
| D. | development of minorities | 
| Answer» C. development with social justice | |
| 17. | India's contribution to world exports in 1950 was 85 percent, at present it is approximately - | 
| A. | 0 . 80 percent | 
| B. | 5 percent | 
| C. | 2 . 00 percent | 
| D. | 2 . 50 percent | 
| Answer» D. 2 . 50 percent | |
| 18. | Which country has announced to stop textile imports from India due to the use of azo based dyes in dyeing of textiles? | 
| A. | U. K. | 
| B. | Germany | 
| C. | Japan | 
| D. | United States | 
| Answer» C. Japan | |
| 19. | The item of export of India is - | 
| A. | petroleum products | 
| B. | drugs | 
| C. | Tea | 
| D. | Fertilizer | 
| Answer» D. Fertilizer | |
| 20. | In the context of export of carpets, thecarpet markrefers to which fact? | 
| A. | indicate that the objects are carpets | 
| B. | It is a sign that the object is a specimen of handicraft | 
| C. | This indicates that child labor is not used in making the goods. | 
| D. | This does not indicate any fact | 
| Answer» D. This does not indicate any fact | |
| 21. | Mid-day meal scheme is not related to – | 
| A. | by educational advancement | 
| B. | socially | 
| C. | right to food | 
| D. | from infant nutrition | 
| Answer» D. from infant nutrition | |
| 22. | Which of the following scheme has been started by the Government of India to motivate the children for school zone regularly? | 
| A. | cottage light | 
| B. | midday meal | 
| C. | MANREGA | 
| D. | Rajiv Awas Yojana | 
| Answer» C. MANREGA | |
| 23. | pna Van Apna Dhanscheme has been started by which of the following states - | 
| A. | by Uttar Pradesh | 
| B. | by Madhya Pradesh | 
| C. | by Himachal Pradesh | 
| D. | by Arunachal Pradesh | 
| Answer» D. by Arunachal Pradesh | |
| 24. | Which scheme has been launched to make India's cities slum-free? | 
| A. | Jawaharlal Nehru National Urban Renewal Mission | 
| B. | Construction of India | 
| C. | Rajiv Awas Yojana | 
| D. | Indira Awas Yojana | 
| Answer» C. Rajiv Awas Yojana | |
| 25. | Villages located in the flat region of India are covered under Pradhan Mantri Gram Sadak Yojana, if the population of that village is . . . . . . . . . . . . More than - | 
| A. | 500 , | 
| B. | 1000 , | 
| C. | 1500 , | 
| D. | 2000 , | 
| Answer» C. 1500 , | |
| 26. | Now the wages of the workers working under Mahatma Gandhi National Rural Employment Act. . . . . . . . . . . . based on - | 
| A. | wholesale price index | 
| B. | base rate of banks | 
| C. | Repo rate fixed by RBI | 
| D. | consumer price Index | 
| Answer» E. | |
| 27. | The program being implemented in all the districts of the country is - | 
| A. | Navodaya Vidyalaya | 
| B. | Rajiv Gandhi Rural Electrification Scheme | 
| C. | Sarva Shiksha Yojana | 
| D. | MANREGA | 
| Answer» D. MANREGA | |
| 28. | Which one of the following schemes has not been started by the Government of India? | 
| A. | old age pension scheme | 
| B. | Bharat Nirman Yojana | 
| C. | Kutir Jyoti Yojana | 
| D. | life wave | 
| Answer» E. | |
| 29. | Under Indira Gandhi National Old Age Pension Scheme, the amount of pension for persons above 60 years of age is Rs. 200 has been increased to how much - | 
| A. | Rs. 300 | 
| B. | Rs. 400 | 
| C. | Rs. 500 | 
| D. | Rs. 1000 | 
| Answer» D. Rs. 1000 | |
| 30. | Indira Awas Yojana is a scheme to help people in housing - | 
| A. | accommodation for the disabled | 
| B. | housing for orphans | 
| C. | housing for poor villagers | 
| D. | housing for poor townspeople | 
| Answer» D. housing for poor townspeople | |
| 31. | Which of the following welfare scheme has been started by the Government of India? | 
| A. | life support | 
| B. | life soft | 
| C. | mid day meal plan | 
| D. | elixir of life | 
| Answer» D. elixir of life | |
| 32. | When was the Minimum Wages Act implemented in India? | 
| A. | 1936 AD | 
| B. | 1948 AD | 
| C. | 1951 AD. | 
| D. | 1956 AD | 
| Answer» C. 1951 AD. | |
| 33. | According to the recently released data by the Ministry of Housing and Urban Poverty Alleviation, which of the following state has the highest number of slums? | 
| A. | Uttar Pradesh | 
| B. | West Bengal | 
| C. | Maharashtra | 
| D. | Andhra Pradesh | 
| Answer» E. | |
| 34. | Karl Marx belonged to which of the following countries? | 
| A. | Germany | 
| B. | Holland | 
| C. | France | 
| D. | Britain | 
| Answer» B. Holland | |
| 35. | Karl Marx's bookDas Kapitalwas published in - | 
| A. | in 1857 | 
| B. | in 1862 | 
| C. | in 1867 | 
| D. | in 1872 | 
| Answer» D. in 1872 | |
| 36. | Mid-day meal scheme is not related to- | 
| A. | by educational advancement | 
| B. | socially | 
| C. | right to food | 
| D. | from infant nutrition | 
| Answer» D. from infant nutrition | |
| 37. | adhaaris a program - | 
| A. | To help senior citizens | 
| B. | To provide nutritional support to adolescent girls | 
| C. | For social security training to general public | 
| D. | To provide identity to Indian citizens | 
| Answer» E. | |
| 38. | Who is called the father of modern economics? | 
| A. | Adam Smith | 
| B. | marshal | 
| C. | whos | 
| D. | robbins | 
| Answer» B. marshal | |
| 39. | TheGolden Handshakescheme is related to- | 
| A. | invite foreign companies | 
| B. | private investment in public enterprises | 
| C. | setting up a joint venture | 
| D. | voluntary retirement | 
| Answer» E. | |
| 40. | Who established the Nobel Prize in Economics? | 
| A. | Alfred Nobel | 
| B. | central bank of sweden | 
| C. | Nobel Committee | 
| D. | world bank | 
| Answer» C. Nobel Committee | |
| 41. | Which state was the first to implement value-added in India? | 
| A. | Jharkhand | 
| B. | Delhi | 
| C. | Haryana | 
| D. | Goa | 
| Answer» D. Goa | |
| 42. | Mivate is related to – | 
| A. | by production tax | 
| B. | from value added tax | 
| C. | from wealth tax | 
| D. | from income tax | 
| Answer» C. from wealth tax | |
| 43. | Nobel Prize winning first Asian economist Prof. The book written by Amartya Sen is - | 
| A. | Collective Choice and Social Welfare | 
| B. | Poverty and Feminines | 
| C. | India Economic Development and Social Opportunity | 
| D. | all of the suitable | 
| Answer» E. | |
| 44. | Where is the commercial magazine Commerce published from - | 
| A. | from New Delhi | 
| B. | from mumbai | 
| C. | from New York | 
| D. | from Kolkata | 
| Answer» C. from New York | |
| 45. | Where is thePlanmagazine published from - | 
| A. | by Ministry of Human Resource Development | 
| B. | by Ministry of Information and Broadcasting | 
| C. | By the publishing department | 
| D. | none of these | 
| Answer» C. By the publishing department | |
| 46. | The author of the bookFree Trade Todayis- | 
| A. | P . N. Bhagwati | 
| B. | Jagdish Bhagwati | 
| C. | C . Rangarajan | 
| D. | J. M . Lyngdoh | 
| Answer» C. C . Rangarajan | |
| 47. | The author of the bookPlanned Economy for Indiais- | 
| A. | Dada Bhai Naoroji | 
| B. | Sir M. Visvesvaraya | 
| C. | Manmohan Singh | 
| D. | K. M . scribe | 
| Answer» C. Manmohan Singh | |
| 48. | The Deepak Parikh Committee was constituted inter alia for which one of the following purposes - | 
| A. | To study the current socioeconomic status of some minority communities | 
| B. | To suggest measures for infrastructure development and financing | 
| C. | formulating a policy for the production of genetically modified organisms | 
| D. | Suggesting measures to reduce the fiscal deficit in the Union Budget | 
| Answer» C. formulating a policy for the production of genetically modified organisms | |
| 49. | Taraper Committee was related to which one of the following? | 
| A. | special economic zone | 
| B. | full capital account convertibility | 
| C. | foreign exchange market | 
| D. | Effect of oil prices on Indian economy | 
| Answer» C. foreign exchange market | |
| 50. | b. K Chaturvedi committee has done work related to which of the following - | 
| A. | Center State Relations Review | 
| B. | Review of Delimitation Act | 
| C. | Tax Reforms and Revenue Augmentation Measures | 
| D. | price correction in the oil sector | 
| Answer» E. | |