introduction to indian economy section 8 MCQ Questions & Answers Detailed Explanation

Question : 1

Who presented the Union Budget in 1970?

a) C. Subramaniam

b) T.T. Krishnamachari

c) Indira Gandhi

d) R. Venkatraman

Question : 2

The Community Development Programme was launched in the year

a) 1952

b) 1950

c) 1951

d) 1953

Question : 3

Which among the following is considered to be the best measure of an increase in a country’s economic efficiency?

a) Increase in real per capita income.

b) Increase in annual private investment.

c) Increase in real national income.

d) Increase in net annual investment.

Question : 4

Consider the following specific stages of demographic transition associated with economic development :

1. Low birth rate with low death rate
2. High birth rate with high death rate
3. High birth rate with low death rate

a) 2, 1, 3

b) 2, 3, 1

c) 1, 2, 3

d) 3, 2, 1

Question : 5

At present Indian Rupee is

a) fully convertible on current account

b) fully convertible on capital account

c) partially convertible on capital account

d) partially convertible on current account

Question : 6

Human Development Index comprises literacy rates, life expectancy at birth and

1. GDP per head in the US dollars.
2. GDP per head at real purchasing power.
3. GNP in US dollars
4. National Income per head in US dollars.

a) 2 only

b) 3 only

c) 1 only

d) 4 only