Practice Quiz set 2 - indian economy mcq Online Quiz (set-1) For All Competitive Exams
Q-1) Concept of ‘Joint Sector’ for industrial development of India was envisaged in Industrial Policy Resolution of
(a)
(b)
(c)
(d)
Q-2) Green revolution was the result of adaption of New Agricultural strategy which was introduced in 20th Century during decades of
(a)
(b)
(c)
(d)
Q-3) National Agricultural Insurance Scheme was launched in the year
(a)
(b)
(c)
(d)
Q-4) Following are the source of institutional credit to agriculture in India. - Co-operative Banks
- Regional Rural Banks
- Commercial Banks
Which one is the correct sequence in descending order of their importance?
(a)
(b)
(c)
(d)
Q-5) Among the following, which one is related to Blue Revolution in India?
(a)
(b)
(c)
(d)
Q-6) Indian Green Revolution started from
(a)
(b)
(c)
(d)
Explanation:
Q-7) Micro-finance is the provision services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are- Credit-facilities
- Saving facilities
- Insurance facilities
- Fund transfer facilities
Select the correct answer using the codes given below.
(a)
(b)
(c)
(d)
Q-8) RBI has set up a committee to study and give suggestion on the microfinance sector. It’s chairman was
(a)
(b)
(c)
(d)
Q-9) Shanta Kumar Committee has submitted its report on restructuring of Food Corporation of India (FCI) to Mr. Modi. Read the following recommendations and find the incorrect ones.- FCI procurement should focus on the western belt, where farmers get the minimum support price.
- FCI should hand over the procurement of wheat and rice to four states which include Punjab, Haryana, Andhra Pradesh and Chattisgarh.
- Proposed uniform tax of minimum 3% and maximum 4% on wheat and rice and the same to be included in the minimum support price.
(a)
(b)
(c)
(d)
Q-10) Since 1997-98 which statement is correct regarding Minimum Support Price (MSP)?
(a)
(b)
(c)
(d)