general knowledge

Indian Economics MCQ Questions and Answers Page - 1

1.

The term ‘mixed economy’ denoted

Answer/ Hint      

Answer : B

Explanation :

2.

In India, agriculture income is calculated by

Answer/ Hint      

Answer : A

Explanation :

3.

Who coined the term ‘Hindu rate of growth’ for Indian Economy

Answer/ Hint      

Answer : C

Explanation :

4.

GDP at factor cost is

Answer/ Hint      

Answer : C

Explanation :

5.

Per Capita income is obtained by dividing National Income by

Answer/ Hint      

Answer : A

Explanation :

6.

Gross Domestic Product (GDP) is defined as the value of all

Answer/ Hint      

Answer : D

Explanation :

7.

Depreciation is equal to

Answer/ Hint      

Answer : A

Explanation :

8.

Which one of the following is NOT a method of measurement of National Income

Answer/ Hint      

Answer : D

Explanation :

9.

Net National Product (NNP) of a country is

Answer/ Hint      

Answer : D

Explanation :

10.

National Income is based on the

Answer/ Hint      

Answer : B

Explanation :

11.

Which of the following is definitely a major indication of the State of the economy of a country

Answer/ Hint      

Answer : A

Explanation :

12.

Per Capital Income of a country derived from

Answer/ Hint      

Answer : C

Explanation :

13.

The main source of National Income in India is

Answer/ Hint      

Answer : A

Explanation :

14.

Who had estimate National Income in India first

Answer/ Hint      

Answer : A

Explanation :

15.

The National Income of a country is

Answer/ Hint      

Answer : B

Explanation :

16.

The tern National Income Represents

Answer/ Hint      

Answer : C

Explanation :

17.

Under which pan did the Government introduce an agricultural strategy which gave rise to Green Revolution

Answer/ Hint      

Answer : B

Explanation :

18.

The Second Five Year Plan was based on

Answer/ Hint      

Answer : A

Explanation :

19.

The Planning commission of India is

Answer/ Hint      

Answer : D

Explanation :

20.

Which Plan gave emphasis on removal of poverty for the first time

Answer/ Hint      

Answer : B

Explanation :

21.

The Planning Commission of India was constituted in the year

Answer/ Hint      

Answer : C

Explanation :

22.

Only one of the following can be the ex-officio Chairman of the Planning Commission. He is the

Answer/ Hint      

Answer : C

Explanation :

23.

NABARD was established in the

Answer/ Hint      

Answer : C

Explanation :

24.

In which Five Year Plan, Economic Development rate was maximum

Answer/ Hint      

Answer : D

Explanation :

25.

Which of the final authority in India to approve Five Year Plans

Answer/ Hint      

Answer : D

Explanation :

26.

Rourkela Steel plant was set up with the assistance from

Answer/ Hint      

Answer : B

Explanation :

27.

Which amongst the following States/UTs has NOT identified tribal community

Answer/ Hint      

Answer : B

Explanation :

28.

Where is the Forest Reserve Institute of India locality

Answer/ Hint      

Answer : A

Explanation :

29.

Sundarbans of Eastern India is an example of

Answer/ Hint      

Answer : B

Explanation :

30.

The largest river of Penisular India is

Answer/ Hint      

Answer : B

Explanation :

31.

Which one of the following is the highest gravity dam

Answer/ Hint      

Answer : C

Explanation :

32.

What is the longest irrigation canal India called

Answer/ Hint      

Answer : C

Explanation :

33.

Nuclear energy is a mineral-based energy source. It is derived from

Answer/ Hint      

Answer : D

Explanation :

34.

Gold mine in India are locate mainly at

Answer/ Hint      

Answer : A

Explanation :

35.

The Buckingham Canal, which has been declared a National Waterway of India recently, is a canal running from

Answer/ Hint      

Answer : C

Explanation :

36.

The Korba coalfield is located in

Answer/ Hint      

Answer : B

Explanation :

37.

The minimum forest cover to maintain ecological balance in the plains is

Answer/ Hint      

Answer : B

Explanation :

38.

When was the first train steamed off in India

Answer/ Hint      

Answer : B

Explanation :

39.

Where was electricity supply first introduced in India

Answer/ Hint      

Answer : B

Explanation :

40.

Which is fastest running train on India railways

Answer/ Hint      

Answer : C

Explanation :

Indian Economics MCQ Questions and Answers Page - 1
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