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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.
1201. |
Revised Value Added Tax is related to? |
A. | wealth tax |
B. | Excise duty |
C. | Income tax |
D. | sales tax |
Answer» C. Income tax | |
1202. |
Who is the body that sets the rules related to international trade? |
A. | World Bank |
B. | I am a. |
C. | U. N. O. |
D. | none of these |
Answer» B. I am a. | |
1203. |
What is a teacher teaching his son? |
A. | uneconomical |
B. | Economic |
C. | both |
D. | none of these |
Answer» D. none of these | |
1204. |
When was the commercial bank nationalized? |
A. | in 1975 |
B. | in 1966 |
C. | in 1969 |
D. | in 1980 |
Answer» D. in 1980 | |
1205. |
Which is the most important item of non plan expenditure? |
A. | Defence |
B. | fertilizer subsidy |
C. | interest payment |
D. | none of these |
Answer» D. none of these | |
1206. |
Which one of the following is not a source of revenue of the Central Government? |
A. | agricultural income tax |
B. | excise duty |
C. | Income tax |
D. | corporate tax |
Answer» B. excise duty | |
1207. |
Which of the following is called primary sector? |
A. | to agriculture |
B. | to service sector |
C. | Of the industrial sector |
D. | none of these |
Answer» B. to service sector | |
1208. |
Which of the following is the central bank of the Government of India? |
A. | cooperative bank |
B. | Reserve Bank of India |
C. | Central Bank of India |
D. | state Bank of India |
Answer» C. Central Bank of India | |
1209. |
What are the different bases of explanation of economic development? |
A. | Gross national product |
B. | per capita income |
C. | basis of economic well-being |
D. | all of which |
Answer» E. | |
1210. |
Which economist prepared the first Human Development Index? |
A. | Pro. by Amartya Sen |
B. | Mehboob-ul-Haq |
C. | Dr. Manmohan Singh |
D. | none of these |
Answer» C. Dr. Manmohan Singh | |
1211. |
What is the rank of India in Human Development Index? |
A. | 126 |
B. | 127 |
C. | 129 |
D. | 128 |
Answer» B. 127 | |
1212. |
Which country is the largest producer of cell phones in the world? |
A. | China |
B. | America |
C. | France |
D. | India |
Answer» B. America | |
1213. |
What is the difference between total expenditure and total receipts in the budget figures of the Government of India called? |
A. | fiscal deficit |
B. | revenue loss |
C. | budget deficit |
D. | current deficit |
Answer» D. current deficit | |
1214. |
After the advent of which modern device, information, education and knowledge have become universally accessible? |
A. | Mobile phone |
B. | The calculator |
C. | Computer |
D. | none of these |
Answer» D. none of these | |
1215. |
Which deficit contributes the most to the total budget deficit of the Government of India? |
A. | fiscal deficit |
B. | revenue deficit income |
C. | primary deficit |
D. | none of these |
Answer» B. revenue deficit income | |
1216. |
Which one of the following direct taxes generates maximum revenue to the government? |
A. | Income tax |
B. | Property tax |
C. | by donating |
D. | Corporation tax |
Answer» E. | |
1217. |
What is the Rainbow Revolution related to? |
A. | by blue revolution |
B. | by green revolution |
C. | by white revolution |
D. | all of which |
Answer» E. | |
1218. |
Out of the gross area of crops in India, the area of food grains is? |
A. | 60-65 % |
B. | more than 70% |
C. | More than 50 |
D. | 58 % |
Answer» C. More than 50 | |
1219. |
What is the largest item of expenditure in the current account of the budget of the Central Government? |
A. | defense expenditure |
B. | interest payment |
C. | Central planning |
D. | none of these |
Answer» D. none of these | |
1220. |
What is the rank of India in the field of milk production in the world? |
A. | first |
B. | Second |
C. | third |
D. | fourth |
Answer» B. Second | |
1221. |
Which country has the largest number of people using mobile phones? |
A. | England |
B. | America |
C. | China |
D. | Russia |
Answer» C. China | |
1222. |
Which state is the largest producer of wheat in India? |
A. | Madhya Pradesh |
B. | Haryana |
C. | Andhra Pradesh |
D. | Uttar Pradesh |
Answer» E. | |
1223. |
Where is the National Institute of Agricultural Marketing located? |
A. | Jaipur |
B. | Hyderabad |
C. | New Delhi |
D. | none of these |
Answer» B. Hyderabad | |
1224. |
In which year Kisan Credit Card Scheme was launched? |
A. | 1990 |
B. | 1950 |
C. | 1998 |
D. | 2000 |
Answer» D. 2000 | |
1225. |
Where is the National Academy of Agricultural Research Management located? |
A. | Hyderabad |
B. | Dehradun |
C. | New Delhi |
D. | none of these |
Answer» B. Dehradun | |
1226. |
India has achieved self-reliance in the production of |
A. | food grains |
B. | edible oil |
C. | Petroleum |
D. | Fertilizer |
Answer» B. edible oil | |
1227. |
What is the rank of India in tobacco production in the world? |
A. | first |
B. | Second |
C. | third |
D. | fourth |
Answer» D. fourth | |
1228. |
Where is the headquarter of Food and Agriculture Organization located? |
A. | in Rome |
B. | in Geneva |
C. | in paris |
D. | none of these |
Answer» B. in Geneva | |
1229. |
Operation Flood is related to which work? |
A. | wheat production |
B. | water harvesting |
C. | milk production |
D. | all these |
Answer» D. all these | |
1230. |
Which country is the largest producer of wheat in the world? |
A. | England |
B. | Russia |
C. | China |
D. | India |
Answer» D. India | |
1231. |
When was the first agricultural census conducted? |
A. | in 1948 |
B. | in the 1990s |
C. | in 1976 |
D. | in 1970 |
Answer» E. | |
1232. |
In which crop the most disappointing results of the Green Revolution were seen? |
A. | Pulses |
B. | maize |
C. | oilseeds |
D. | Soybean |
Answer» B. maize | |
1233. |
What is the rank of India in the world in terms of export of rice? |
A. | Second |
B. | third |
C. | fourth |
D. | fifth |
Answer» B. third | |
1234. |
What is the rank of India in the world in fish production? |
A. | Second |
B. | third |
C. | fourth |
D. | fifth |
Answer» C. fourth | |
1235. |
What percentage of GDP of the agriculture sector in India is spent on agricultural research? |
A. | 5 % |
B. | 0.5 % |
C. | 0.3 % |
D. | 3 % |
Answer» D. 3 % | |
1236. |
Blue Revolution is related to which of the following? |
A. | Fisheries |
B. | indigo farming |
C. | poultry |
D. | none of these |
Answer» B. indigo farming | |
1237. |
When was the Operation Flood program started? |
A. | in 1995 |
B. | in 1998 |
C. | in 1945 |
D. | in 1970 |
Answer» E. | |
1238. |
Who is the exponent of the term Green Revolution? |
A. | William God |
B. | Verghese Kurien |
C. | Norman Borlaug |
D. | none of these |
Answer» B. Verghese Kurien | |
1239. |
Which is the most important small scale industry of India? |
A. | handloom industry |
B. | leather industry |
C. | Pottery industry |
D. | cotton textile industry |
Answer» B. leather industry | |
1240. |
Which is the financial year from which disinvestment in public enterprises started? |
A. | 1970-1971 |
B. | 1991-1992 |
C. | 1994-1995 |
D. | none of these |
Answer» C. 1994-1995 | |
1241. |
business comes under? |
A. | trade and industry |
B. | trade only |
C. | commerce and industry |
D. | trade, commerce and industry |
Answer» E. | |
1242. |
What is the rank of India in the production of sugar in the world? |
A. | Second |
B. | third |
C. | fourth |
D. | fifth |
Answer» B. third | |
1243. |
In which year liberal industrial policy was adopted in India? |
A. | 1945 |
B. | 1975 |
C. | 1991 |
D. | 1980 |
Answer» D. 1980 | |
1244. |
What is the rank of India among coal producing countries? |
A. | Second |
B. | third |
C. | fourth |
D. | fifth |
Answer» C. fourth | |
1245. |
Which is the oldest largest industry of India? |
A. | cotton textile industry |
B. | jute industry |
C. | paper industry |
D. | handicraft industry |
Answer» B. jute industry | |
1246. |
Which is the largest industry of India? |
A. | jewelery industry |
B. | textile industry |
C. | manufacturing industry |
D. | handicraft industry |
Answer» C. manufacturing industry | |
1247. |
In which country did the Industrial Revolution first take place? |
A. | England |
B. | France |
C. | Germany |
D. | India |
Answer» B. France | |
1248. |
Petrocard is issued by which company for the sale of petroleum products? |
A. | H.P.C.L |
B. | B.P.C.L |
C. | L.O.C.L |
D. | none of these |
Answer» C. L.O.C.L | |
1249. |
Which is the bank which has formed Kisan Clubs to reach the farmers easily? |
A. | Reserve Bank of India |
B. | Bank of India |
C. | regional rural bank |
D. | allahabad bank |
Answer» D. allahabad bank | |
1250. |
What is the rank of India in terms of Bauxide resource in the world? |
A. | third |
B. | Second |
C. | fourth |
D. | fifth |
Answer» E. | |