Explore topic-wise MCQs in Economics.

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.