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.

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.