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Indian Economy MCQs with Answer
Q: 'Economic Survey' is published by:
A: The Ministry of Finance
B: The Planning Commission
C: The Government of India
D: The Central Statistical Organization
Answer
The Ministry of Finance
Q: Major part of the Indian agriculture is characterized by
A: Large size farm
B: Capitalist agriculture
C: Small size farm
D: Co-operative farm
Answer
Small size farm
Q: Scheme run under MGNREGA are sponsored :
A: by the Central Government alone
B: by the State Government alone
C: partly by the Central Government and partly by the State Government
D: by Centre, State and Panchayat bodies together
Answer
partly by the Central Government and partly by the State Government
Q: Which of the following has the highest per capita income ?
A: Delhi
B: Sikkim
C: Haryana
D: Goa
Answer
Goa
Q: The LPG model of development was introduced by India since:
A: 1991
B: 1992
C: 1993
D: 1994
Answer
1991
Q: In Income Tax, Assessee is :
A: a person who pays income tax
B: a person who deducts income tax from its employees
C: a person who prepares income tax Return of tax payers
D: None of these
Answer
a person who pays income tax
Q: Which of the following does not come under the GST in India ?
A: Agricultural products
B: Handicrafts
C: Gems and jewelries
D: Petroleum products
Answer
Petroleum products
Q: Which industry employs the largest number of women in India ?
A: Tea
B: Textile
C: Jute
D: Coal
Answer
Textile
Q: The purpose of land reforms was to :
A: increase the production in agriculture
B: increase the purchasing power of the rural population
C: ensure distributive justice with economic growth
D: all of the above
Answer
all of the above
Q: Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one of the following:
A: Reduction of Poverty
B: Extension of employment opportunities
C: Strengthening of capital market
D: Reduction in gender inequality
Answer
Strengthening of capital market
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