MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 101 Mcqs, each offering curated multiple-choice questions to sharpen your Indian Economy knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Consider the following economic processes taking place in India Economy : |
| A. | 1, 2 and 3 |
| B. | 1 and 3 |
| C. | 2 and 3 |
| D. | only 2 |
| Answer» B. 1 and 3 | |
| 2. |
The period of Plan |
| A. | 1962 - 65 |
| B. | 1966 - 69 |
| C. | 1970 - 73 |
| D. | 1973 - 76 |
| Answer» C. 1970 - 73 | |
| 3. |
Which one of the following plans is also known as |
| A. | Third Five Year Plan |
| B. | Fourth Five Year Plan |
| C. | Fifth Five Year Plan |
| D. | Sixth Five Year Plan |
| Answer» B. Fourth Five Year Plan | |
| 4. |
In which of the following |
| A. | Third plan |
| B. | Fourth Plan |
| C. | Fifth plan |
| D. | Sixth plan |
| Answer» B. Fourth Plan | |
| 5. |
Which one of the following pairings is not correct about the Five Year Plan of India? |
| A. | First Five Year Plan : 1951-56 |
| B. | Fourth Five Year plan : 1966-71 |
| C. | Eighth Five year Plan : 1990-95 |
| D. | Both 'b' and 'c' |
| Answer» E. | |
| 6. |
In Which of the following Five Year Plan, the High Yielding Varieties Programme (HYVP) was started in India? |
| A. | First Five year Plan |
| B. | Second Five Year Plan |
| C. | Third Fiver Year Plan |
| D. | Fourth Fiver Year plan |
| Answer» D. Fourth Fiver Year plan | |
| 7. |
Consider the following components of the PURA model of economic development: |
| A. | 1 and 4 |
| B. | 1,2 and 4 |
| C. | 1, and 3 |
| D. | 1, 2, 3 and 4 |
| Answer» E. | |
| 8. |
Which on of the following statements is/are correct regarding Indian Planning Commission? |
| A. | It is not defined in Indian Constitution. |
| B. | Members and Vice-chairman of it do not have fixed working duration. |
| C. | Members don't have any minimum education |
| D. | All of the above |
| Answer» E. | |
| 9. |
Which among the following plans adopted the policy for the universalization of elementary education in India? |
| A. | Sixth Plan |
| B. | Eighth Plan |
| C. | Ninth Plan |
| D. | Eleventh Plan |
| Answer» D. Eleventh Plan | |
| 10. |
Consider the following two statement and answer the question - |
| A. | Only I is correct |
| B. | Only II is correct |
| C. | Both I and II are correct |
| D. | None is correct |
| Answer» D. None is correct | |
| 11. |
Which of the following areas has been excluded, by the Minister of Corporate Affairs, from the ambit of Corporate Social Responsibility (CSR) activities ? |
| A. | Livelihood enhancement and rural development projects. |
| B. | Contribution made 'directly or indirectly' to any political party. |
| C. | promoting preventive health care and sanitation. |
| D. | making safe drinking water available would be considered as CSR activities. |
| Answer» C. promoting preventive health care and sanitation. | |
| 12. |
Which one of the following Five year plans of Indian Economy was terminated by the Janata Government? |
| A. | Fourth Five Year Plan |
| B. | Fifth Five Year Plan |
| C. | Seventh Five Year Plan |
| D. | Eighth Five year Plan |
| Answer» C. Seventh Five Year Plan | |
| 13. |
In the post-Independence period, economic reforms were first introduced in India under: |
| A. | Janata Party Government (1977) |
| B. | Indira Gandhi Government (1980) |
| C. | Rajiv Gandhi Government (1985) |
| D. | P.V. Narasimha Rao Government (1990) |
| Answer» E. | |
| 14. |
In India, the concept of minimum needs and directed anti-poverty programmes were the innovation of: |
| A. | Fourth Five Year Plan |
| B. | Fifth Five Year Plan |
| C. | Sixth Five Year Plan |
| D. | Seventh Five Year Plan |
| Answer» C. Sixth Five Year Plan | |
| 15. |
Which one of the following is not within the duties of the planning commission? |
| A. | To define the stage of growth and suggest allocation of resources |
| B. | To make an assessment of the material capital and human resources of the country |
| C. | To determine the nature of machinery required for the implementa on of plan proposal |
| D. | to prepare the annual central budget |
| Answer» D. to prepare the annual central budget | |
| 16. |
Which one of the following sectors of the Indian Economy got highest growth in the term GDP contribution after the adoption of LPG model of Economic Development? |
| A. | Agriculture Sector |
| B. | Fishing and Forestry sector |
| C. | Mining and Quarrying sector |
| D. | Services sector |
| Answer» E. | |
| 17. |
From which one of the following years, the Rolling plain of the Indian Economy was started? |
| A. | 1966-69 |
| B. | 1978-83 |
| C. | 1980-85 |
| D. | 2002-07 |
| Answer» C. 1980-85 | |
| 18. |
Which of the following is the objective of Quantitative easing, an unconventional monetary policy ? |
| A. | Only I is true |
| B. | Only II is true |
| C. | Both I & II are true |
| D. | Neither I nor II are true |
| Answer» B. Only II is true | |
| 19. |
Planning was considered a prerequisite : |
| A. | 1 and 2 |
| B. | 1, 2 and 3 |
| C. | 2, 3 and 4 |
| D. | All the above |
| Answer» D. All the above | |
| 20. |
During which plan was the National Bank for Agriculture and Rural Development |
| A. | Third Five Year Plan |
| B. | Fifth Five Year Plan |
| C. | Sixth Five Year Plan |
| D. | Eighth Five Year plan |
| Answer» D. Eighth Five Year plan | |
| 21. |
A Five Year Plan was severely affected by the immigration of huge number of people from Bangladesh was? |
| A. | First Five Year Plan |
| B. | Third Five Year Plan |
| C. | Fourth Five Year Plan |
| D. | Sixth Five Year Plan |
| Answer» D. Sixth Five Year Plan | |
| 22. |
Consider the following statements about the LPG model of economic development process in India? |
| A. | 1, 2 and 3 |
| B. | 1 and 3 |
| C. | 2 and 3 |
| D. | only 2 |
| Answer» B. 1 and 3 | |
| 23. |
Which one of the following is not the member of the National Development Council of India? |
| A. | Ministers of the Union Cabinet |
| B. | Chief Ministers of the states |
| C. | Administrators of the Union Territories |
| D. | Governors of the states |
| Answer» E. | |
| 24. |
Which among the following Five Year Plans of the Indian Economy adopted the indicative planning model? |
| A. | Fourth Five Year Plan |
| B. | Sixth Five Year Plan |
| C. | Eight Five year Plan |
| D. | Tenth Five Year Plan. |
| Answer» D. Tenth Five Year Plan. | |
| 25. |
Consider the following facts about the Center's Rural Connectivity Scheme |
| A. | Only I and II |
| B. | I, II and III |
| C. | I, II and III |
| D. | I, II, III and IV |
| Answer» E. | |
| 26. |
From which one of the following enshrined in the constitution, the planning of India derives its objectives and social premises? |
| A. | Fundamental Rights |
| B. | Fundamental Duties |
| C. | Directive principles of state policy |
| D. | none of the above |
| Answer» D. none of the above | |
| 27. |
Who presides over the National Development Council of India? |
| A. | Deputy Chairman of Planning Commission of India. |
| B. | Prime Minister of India |
| C. | Finance Minister of India |
| D. | Vice president of India |
| Answer» C. Finance Minister of India | |
| 28. |
Which on the following match of village clusters of the PURA-model is correct? |
| A. | Type - A : Situated for interior with no infrastructure facilities at all. |
| B. | Type - B : Situated closed to urban area but with sparsely spread infrastructure and connectivity |
| C. | Type - C : located very closed to urban area with highly developed infrastructure |
| D. | None of the above |
| Answer» C. Type - C : located very closed to urban area with highly developed infrastructure | |
| 29. |
Which one of the following is correct about the Twelfth Five Year Plan recently approved by the Indian Government? |
| A. | 12th Five Year Plan of Indian Economy is from 2011 to 2016 |
| B. | 12th Five year Plan aim to grow GDP at the rate of 10% |
| C. | 12th Five Year Plan aims to sustain the inclusive growth which started in 11th plan. |
| D. | Both 'b' and 'c' are correct about the 12th Five Year Plan. |
| Answer» D. Both 'b' and 'c' are correct about the 12th Five Year Plan. | |
| 30. |
Sustainable development is a case of inter-generational sensibility in respect of use of |
| A. | natural resources |
| B. | material resources |
| C. | industrial resources |
| D. | social resources |
| Answer» B. material resources | |
| 31. |
Who among the following has written the book named |
| A. | Achary Vinoba Bhav |
| B. | Morarji Desai |
| C. | Jai Prakesh Narayan |
| D. | Charan Singh |
| Answer» E. | |
| 32. |
Under which five year plan did the government introduce and agricultural strategy which gave rise to green revolution in India? |
| A. | Second Five Year Plan |
| B. | Third Five Year Plan |
| C. | Sixth Five Year Plan |
| D. | Seventh Five Year Plan |
| Answer» C. Sixth Five Year Plan | |
| 33. |
Consider the following statements about Indian Economy? |
| A. | only 1 |
| B. | only 2 |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» E. | |
| 34. |
In the context of Indian Five Year Plans, a shift in the pattern of industrialization, with lower emphasis of heavy industries and move on infrastructure being in: |
| A. | Fourth plan |
| B. | Sixth plan |
| C. | Eighth plan |
| D. | Tenth plan |
| Answer» C. Eighth plan | |
| 35. |
The final authority in India to adopt the five year plan for the country vests in. |
| A. | The Planning Commission |
| B. | The National Development Council |
| C. | The Union Cabinet |
| D. | The Parliament |
| Answer» C. The Union Cabinet | |
| 36. |
Consider the following statements regarding Indian planning . |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Nether 1 nor 2 |
| Answer» D. Nether 1 nor 2 | |
| 37. |
The Notional Development Council (NDC) : |
| A. | 1 , 2 and 3 |
| B. | 2 , 3 and 4 |
| C. | 1 , 2 and 4 |
| D. | All of the above |
| Answer» B. 2 , 3 and 4 | |
| 38. |
In which year |
| A. | 1942 |
| B. | 1943 |
| C. | 1944 |
| D. | 1945 |
| Answer» D. 1945 | |
| 39. |
Bharat Nirman Scheme |
| A. | Rural Water Supply Project |
| B. | Irrigation Benefit Programme |
| C. | Rural Electrfication |
| D. | Sarva Shiksha Abhiyan |
| Answer» E. | |
| 40. |
Indian economy has witnessed |
| A. | 2003-04 |
| B. | 2004-05 |
| C. | 2005-06 |
| D. | 2006-07 |
| Answer» E. | |
| 41. |
The slogan of |
| A. | Second plan |
| B. | Fourth plan |
| C. | Fifth plan |
| D. | Sixth plan |
| Answer» D. Sixth plan | |
| 42. |
National horticulture |
| A. | Ninth Five Year Plan |
| B. | Tenth Five Year Plan |
| C. | Eleventh Five Year Plan |
| D. | None of these |
| Answer» C. Eleventh Five Year Plan | |
| 43. |
Pan card |
| A. | proof of address |
| B. | proof of identity |
| C. | proof of registered tax payer |
| D. | proof of date of birth |
| Answer» B. proof of identity | |
| 44. |
Golden Quadrangle |
| A. | Highways |
| B. | Ports |
| C. | Power Grids |
| D. | Tourism Network |
| Answer» B. Ports | |
| 45. |
Which of the following states was having the highets |
| A. | Assam |
| B. | Kerala |
| C. | Uttar Pradesh |
| D. | Madhya Pradesh |
| Answer» C. Uttar Pradesh | |
| 46. |
Which of the following experienced the fastest |
| A. | Agriculture |
| B. | Industry |
| C. | Services |
| D. | None of these |
| Answer» D. None of these | |
| 47. |
The major aim of |
| A. | Encourage exports |
| B. | Encourage imports |
| C. | Encourage both exports and imports |
| D. | Discourage both exports and imports |
| Answer» B. Encourage imports | |
| 48. |
Devaluation |
| A. | Fall |
| B. | Rise |
| C. | Remain unchanged |
| D. | None of these |
| Answer» D. None of these | |
| 49. |
The process of curing inflation by |
| A. | Cost-push inflation |
| B. | Down-pull inflation |
| C. | Disinflation |
| D. | Reflation |
| Answer» D. Reflation | |
| 50. |
Devaluation of currency |
| A. | expansion of export trade |
| B. | contraction of import trade |
| C. | expansion of import substituting |
| D. | all of the above |
| Answer» E. | |