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Indian economy mcq questions and answers for competitive exams

Ramya_naidu

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Indian economy mcq questions and answers for competitive exams UPSC SSC , SSC CGL, upsc Civils , Entrance exams Online test practice online free Quiz, mock practice online
1.
When was the first EPZ set up in Kandla?

a
1970
b
1965
c
1975
d
1995
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2.
Economic Planning is in:

a
Concurrent list
b
State list
c
Union list
d
not any specified list
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Discuss
3.
Devaluation of currency will be more beneficial if

a
prices of imports remains constant
b
prices of exports remain constant
c
prices of domestic goods remain constant
d
prices of exports rise proportionately
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4.
Gross domestic capital formation is de- fined as

a
flow of expenditure devoted to increased or maintaining of the capital stock
b
expenditure incurred on physical assets only
c
production exceeding demand
d
net addition to stock after depreciation
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5.
On which one of the followings is the benefits received principle of taxation to achieve optimality bases?

a
Total benefit received
b
On which one of the followings is the benefits received principle of taxation to achieve optimality bases?
c
Average benefit received
d
Ability to pay for the benefit
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6.
Antyodaya Anna Yojana was launched on

a
13 April, 2000
b
20 December, 2000
c
25 December, 2000
d
1st January, 2001
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Discuss
7.
Which of the following can be called as a part of the Service Sector?

a
Coal Mines
b
Textile Mills
c
Banking
d
Agriculture
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Discuss
8.
Which of the final authority in India to approve Five Year Plan?

a
Prime Minister
b
Union Council of Ministers
c
Planning Commission
d
None of these
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9.
The Finance Commission is appointed after every

a
3 years
b
2 years
c
4 years
d
5 years
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10.
Which country is not a member of SAARC?

a
Pakistan
b
Myanmar
c
India
d
Bangladesh
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11.
Which among the following was the first deepwater block in India to start production?

a
Mahanadi deepwater block NEC-DWN- 2002/1
b
Krishna Godavari D-6
c
SB-11
d
KG-DWN- 2005/2
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12.
'Twenty Point Programme' (Beessutri Karyakrama) was first launched in the Year:

a
1969
b
1977
c
1975
d
1980
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13.
Hindu Rate of Growth refers to the rate of growth of:

a
Foodgrains
b
GDP
c
Population
d
Per Capita Income
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Discuss
14.
During which Plan were the steel plants at Durgapur, Bhilai and Rourkela established?

a
Third Five Year Plan
b
Ninth Five Year Plan
c
Second Five Year Plan
d
First Five Year Plan
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15.
The Board of Industrial and Financial Reconstruction (BIFR) came into existence in

a
1987
b
1984
c
1986
d
1989
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