Sunday, 13 March 2016

Indian Economy Questions with Answers 100+ Most asked Quiz

Top 100 Most Important Indian Economy Questions with Answers

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  1. Indian Economy GK in Hindi PDF for UPSC/SSC/IBPS/TNPSC Competitive Exams भारतीय अर्थव्यवस्था PDF Download (Hindi Version)
  2. Indian Economy GK Questions and Answers भारतीय अर्थव्यवस्था - महत्वपूर्ण प्रश्नमाला

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1. Which sector of Indian Economy has shown remarkable expansion during the last decade? – Tertiary Sector 

2. Hindu Rate of growth refers to the rate of growth of which sector? – GDP 
3. In India, Hindu Rate of Growth is associated with which income? – National Income 
4. What is the base year for computation of National Income in India? – 1993-94 
5. As the economy develops, what happens in the share of the tertiary sector in the GDP? – Increases 
6. Who coined the term ‘Hindu rate of growth’ for Indian Economy? – Raj Krishna 
7. Who wrote a book describing the theory of economic drain of India during British rule? – Dadabhai Naoroji 
8. Which is definitely a major indication of the State of the economy of a country? – Rate of GDP growth 
9. Where is the Indian Sugarcane Research Institute situated? – Lucknow 
10. The impact of Green Revolution was felt most in the production of which crop? – Wheat 
11. Which is the apex organisation of Marketing Co-operatives at the national level? – NAFED 
12. Under which Five Year Plan agriculture register a negative growth? – Third 
13. Where is the Central Food Technological Research Institute (CFTRI) situated? – Mysore

14. Where first Agriculture University of India was established? – Pantnagar 
15. In which year was the Food Corporation of India (FCI) set up? – 1965 
16. Which bank provides the largest credit to agriculture and allied sectors? – Commercial Banks 
17. Which is the apex institution in the sphere of Agriculture credit? – NABARD 
18. The Bonded Labour System (Abolition) Act was legislated in which year? – 1976 
19. The Green Revolution in India was the outcome of the efforts of which person? – M. S. Swaminathan 
20. Who is known as Father of White Revolution in India? – V. Kurien 
21. Where is the Central Rice Research Institute located? – Cuttack 
22. Dr. M. S. Swaminathan has distinguished himself in which fields? – Agriculture 
23. Agriculture sector directly employs what percentages of labour force in India? – 65 % 
24. Which method of soil conservation is most effective in arid areas? – Shelter belt 
25. Which state is the most industrially advanced State in India? – Maharashtra 
26. Industrial licensing was finally abolished (with a few exception) in which policy? – Industrial Policy, 1991 
27. First Industrial Policy of free India was announced in which year? – 1948 
28. Who was the Chairman of the National Commission for Enterprises in the Unorganised Sector? – Arjun Sengupta 
29. Commercial paper is a source of credit for which industry? – Corporate Industry 
30. Which car companies has launched a small cheaper car ‘Nano’? – Tate Motors Ltd. 
31. What is the classification of industries on the basis of raw-materials? – Primary and Secondary 
32. Which is the biggest enterprise of the Government of India? – Railway 
33. Raurkela Steel Plant was set up with the assistance from which country? – West Germany 
34. In India, liberal Industrial Policy was adopted in which year? – 1991 
35. Bhilai Steel Plant is the collaborative project of Indian Government and which other country? – Soviet Union 
36. Since when disinvestment started in public enterprises? – 1991-92 
37. Which entity holds the Number 1 position among Indian international trading company? – MMTC 
38. Which one of the following Indian States does not keep its own High Court? – Manipur 
39. Which one of the following is not the main jurisdiction of the High Court of a State? – Advisory Jurisdiction 
40. Omkar Goswami Committee was set up by the Government for examining the issue of which matter? – Industrial sickness 
41. The licensing policy for the industries drew strength from which act? – Industrial Act, 1951 
42. Where is the Forest Reserve Institute of India located? – Dehradun 
43. Which State in’ India is estimated to have the largest coal reserves in India? – Jharkhand 
44. Which is a ‘Hot Spot’ for biological diversity in India? – Sundarban 
45. Major coalfields of India are located in the river valley of – Damodar 
46. Which one of the following is the highest gravity dam which river? – Bhakra Dam 
47. What is the minimum forest cover to maintain ecological balance in the plains? – 33% 
48. Which is the longest irrigation canal in India called? – Indira Gandhi Canal 
49. When was the first National Forest Policy issued by the Government of India? – 1952 
50. The national forest policy aims at maintaining how much of the total geographical area under forests? – One-fifth 
51. The Government of India has decided to declare which river a ‘National River’? – Ganga 
52. Which ‘geographical indicators’ has not been recognised for patent protection? – Darjeeling Basmati 
53. National Horticulture Mission was launched in which Five Year Plans? – Tenth Five Year Plan 
54. ‘Twenty Point Programme’ (Beessutri Karyakrama) was first launched in which Year? – 1975 
55. Who presides over the National Development Council of India? – Prime Minister of India 
56. Which is an extra- constitutional and non-statutory body? – Planning Commission 
57. Which experienced the fastest expansion during the plan in India? – Services 
58. Primary emphasis during Second Plan was laid on the development of which industry? – Basic and Key industries 
59. Who was the First Chairman of Planning commission of India? – Pt. Jawahar Lal Nehru 
60. Whose name is associated with formulation of Planning Strategy in Second Five Year Plan? – Prasanta Chandra (P.C.) Mahalanobis 
61. Which is the highest body that approves Five Years Plans in the country? – National Development Council 
62. By whom was the Rolling Plan for backward country suggested? – Gunnar Myrdal 
63. In which Five Year Plan, the main objective was the eradication of poverty? – Fifth Five Year Plan 
64. Durgapur, Bhibei and Rourkela iron steel-plants were setup during which plan? – First 
65. The iron and Steel plants of Rourkela and Durgapur were conceived under which plan? – Second Five Year Plan 
66. The real introduction of Decentralized Planning in India was made for the first time during the which plan? – 9th Plan 
67. Planning Commission was established in 1950 through which order? – An executive order 
68. The slogen ‘Garibi Hatao’ (Poverty abolition) was given in which Five Year Plan? – Fifth plan 
69. In which one of year ‘Rolling Plan’ was on operation in India? – 1978-79 
70. The major emphasis in the First Five Year Plan was on which field? – Agriculture 
71. In which Five Year Plan, Economic Development Rate was maximum? – Tenth Five Year Plan 
72. Only one can be the ex-officio Chairman of the Planning Commission. Who is that? – Prime Minister 
73. Mahalanobis Model has been associated with which Five Year Plan? – Second Five Year Plan 
74. The Planning Commission of India was constituted in which year? – 1950 
75. Which Plan gave emphasis on removal of poverty for the first time? – Fifth 
76. Which is not an objective of India’s economic planning? – Population Growth 
77. The rolling plan concept in national planning was introduced by which government? – Janta Government 
76. The Government has renamed NREGA scheme and the name associated with which person? – Mahatma Gandhi 
77. District Primary Education Programme was initiated in which year? – 1994 
78. To whose help STEP is the abbreviated name of the welfare programme? – Woman 
79. On which basis has the planning, commission defined ‘Poverty line’ in rural areas in India? – 2400 k cal 
80. The National Rural Employment Scheme was launched throught out the country from which date? – 1-4-2008 
81. which is the developed the concept of Human Development Index? – Mehboob-ul-Haq 
82. National Rural Health Mission (NRHM) was launched in which year? – 2005 
83. Swamjayanti Gram Swarojgar Yojana came into being in which year? – April, 1999 
84. In terms of Human Development Index which is the most developed State of India? – Kerala 
85. Which programme announced by the Prime Minister for the minorities in India? – 15 Point Programme 
86. ‘Food for Work Programme’ was introduced during which Five Year Plans? – 
87. In which Five Year Plan, the main objective was the eradication of poverty? – Fifth Five Year Plan 
88. While calculating HDI, what are the maximum value for Life Expectancy at birth (years) taken? – 85 and 25 
89. In terms of Human Development Index, India falls under which category? – Very Low 
90. Which is the standard of living in a country represented? – Per Capita Income 
91. Which is a project to develop watersheds in India? – NWDPRA 
92. Which plan gave emphasis on removal of poverty of the first time? – Fifth 
93. In India, the Community Development Programme was started on which date? – October 2, 1952 
94. Which represents ‘I’ in the abbreviation IRDP? – Integrated 
95. National Rural Employment Guarantee Act (NREGA) does not promote? – Promote inclusive growth 
96. Poverty level in India is established on the basis of which expenditure? – House-hold consumer expenditure 
97. Mid-Day Meal is a scheme to provide nutrious food to which childran? – school going children 
98. What is NOT the source of revenue of Central Government? – Agriculture Income Tax 
99. Which is the largest single source of the Government’s earning from tax revenue? – Central excise 
100. Which taexs/duties is NOT under the jurisdiction of the Central Government? – Land Revenue - See more at:

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