introduction to indian economy section 1 Practice Questions Answers Test with Solutions & More Shortcuts
Introduction to Indian Economy PRACTICE TEST [14 - EXERCISES]
introduction to indian economy section 1
introduction to indian economy section 2
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introduction to indian economy section 4
introduction to indian economy section 5
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introduction to indian economy section 8
introduction to indian economy section 9
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introduction to indian economy section 14
Question : 1 [SSC CPO 2009]
Who is the Ex-officio Chairman of the Planning Commission ?
a) Finance Minister
b) Minister for Planning & Development
c) Prime Minister
d) Minister for Rural & Community Develop-mentAnswer »
With the Prime Minister as the ex-officio Chairman, the Planning Commission of India has a nominated Deputy Chairman, who is given the rank of a full Cabinet Minister. Mr Montek Singh Ahluwalia is presently the Deputy Chairman of the Commission.
Cabinet Ministers with certain important portfolios act as part-time members of the Commission, while the full-time members are experts in various fields like Economics, Industry, Science and General Administration.
Question : 2 [SSC Stenographer 2011]
Which of the following States has the highest number of slums as per the data recently released by the Ministry of Housing and Urban Poverty Alleviation?
a) West Bengal
b) Uttar Pradesh
d) Andhra PradeshAnswer »
As per the 65th Round NSS Survey, Maharashtra was the leading state in terms of the number of slums with 17019 slums in the state. Andhra Pradesh came second, while West Bengal came third.
In terms of a number of cities having a Slum Population of 50,000 and above, Andhra Pradesh with 36 cities came first, followed by Maharashtra.
Question : 3 [SSC SO 2008]
Open market operations of RBI refer to buying and selling of
a) Government bonds
b) Foreign exchange
d) Commercial billsAnswer »
OMOs are the market operations conducted by the Reserve Bank of India by way of sale/ purchase of Government securities to/ from the market with an objective to adjust the rupee liquidity conditions in the market on a durable basis. When the RBI feels there is excess liquidity in the market, it resorts to the sale of securities thereby sucking out the rupee liquidity.
Similarly, when the liquidity conditions are tight, the RBI will buy securities from the market, thereby releasing liquidity into the market.
Question : 4 [SSC CGL Pre 2010]
Which is the biggest tax paying sector in India?
a) Industrial sector
b) Agriculture sector
c) Transport sector
d) Banking sectorAnswer »
India’s large service industry accounts for 57.2% of the country’s GDP while the industrial and agricultural sectors contribute 28.6% and 14.6% respectively.
Agriculture is the predominant occupation in Rural India, accounting for about 52% of employment. The service sector makes up a further 34% and the industrial sector around 14%.
Question : 5 [SSC CML 2001]
ISI mark is not given to which of the following products?
b) Hosiery goods
d) Electrical goodsAnswer »
ISI mark is a certification mark for industrial products in India, which is mandatory for certain products to be sold in India, like most of the electrical appliances viz; switches, electric motors, wiring cables, heaters, kitchen appliances etc., and other products like portland cement, LPG valves, LPG cylinders, automotive tyres.
IMPORTANT indian economy mcq EXERCISES
Top 500+ Basic Indian Economy GK MCQ Quiz For SSC IBPS »
New Indian Economy GK MCQ Quiz PDF For UPSC/IAS Prelims »
Basic Indian Economy Concepts MCQs Quiz For RRB NTPC Exam »
New 499+ Fundamentals of Indian Economy MCQ Quiz For IBPS »
555+ Indian Economy Concepts Basics Fundamentals MCQ Quiz »
Top 500+ Indian Economy GK MCQs Quiz PDF For SSC UPSC RRB »
New 499+ Indian Economy GK Question And Answers Quiz PDF »
Best 500+ Indian Economy General Knowledge MCQ Quiz PDF »
500+ Indian Economy General Studies Online MCQ Quiz PDF »
New 500+ Indian Economy Basic Static GK MCQ Quiz For IBPS »
500+ Introduction to Indian Economy GK MCQ Quiz For SSC »
800+ Latest Indian Economy GK Questions & Answers MCQ PDF »
1000+ Indian Economy GK Questions And Answers Quiz PDF »
1000+ Indian Economy Basic Concepts GK MCQ PDF For SBI PO »
Introduction to Indian Economy Shortcuts and Techniques with Examples
indian economy MCQ CATEGORIES
» Introduction to Indian Economy
» Planning, Economic Development & Five year Plans
» National Income & Human Development Index
» Agriculture Sector, Subsidy and Food Processing
» Industries, Manufacturing & Service Sectors
» Inclusive growth, Sustainable development and employment
» Poverty & Unemployment
» Introduction to Micro Economics
» Introduction to Macro Economics
» Macro fundamentals, GDP, Investment, Growth
» Demand & Supply, Profit Loss, Inflation & Price Index
» Fiscal Policy, Public Finance and Monetary Policy
» Money Supply, Banking and Financial Institutions
» Taxes Types, Methods & Budgeting Process
» Banking, Security Market & Insurance
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