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Indian Economy MCQs with Answer
Q: Fiscal policy is connected with:
A: exports and imports
B: issue of currency
C: public revenue and public expenditure
D: liquidity of money
Answer
public revenue and public expenditure
Q: In India, present trend of rapid urbanization is due to:
A: lack of employment opportunities in rural areas
B: influence of cinema and electronic media
C: break up of joint family system
D: abolition of zamindari tystem
Answer
lack of employment opportunities in rural areas
Q: Which industry employs the largest number of women in India ?
A: Tea
B: Textile
C: Jute
D: Coal
Answer
Textile
Q: SRI, which is highly practiced in Tripura is associated with:
A: Rice production
B: Rural internal connectivity
C: E-marketing
D: Regards to elders
Answer
Rice production
Q: Who wrote the book
Planned Economy for India
?
A: Jawaharlal Nehru
B: Indira Gandhi
C: M. Visvesvaraya
D: Mahatma Gandhi
Answer
M. Visvesvaraya
Q: Prime Minister Jan Dhan Yojana provides free Accident Insurance upto :
A: Rs. 1 lac
B: Rs. 1.5 lacs
C: Rs. 2 lacs
D: Rs. 2.5 lacs
Answer
Rs. 1 lac
Q: The highest body which approves the Five Year Plan in India is :
A: Parliament
B: Planning Commission
C: National Development Council
D: Finance Commission
Answer
National Development Council
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: The qualification for the Chairman and the members of the Finance Commission are specified in:
A: Finance Act of 1951
B: Finance Act of 1952
C: Finance Act of 1950
D: Finance Act of 1953
Answer
Finance Act of 1951
Q: The Reserve Bank of India was established in the year :
A: 1930
B: 1935
C: 1940
D: 1945
Answer
1935
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