Indian Economy Online Quiz
Following quiz provides Multiple Choice Questions (MCQs) related to Indian Economy . You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using Show Answer button. You can use Next Quiz button to check new set of questions in the quiz.
Answer : A
Explanation
N/A
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Q 2 - Consider the following statements:
1. The basic objective of Gandhian Model is to raise the material as well as the cultural level of India at mass level and provide them basic standard of life.
2. Gandhian Plan (of development) was brought out by Acharya S. N. Agarwal that later formed the basis of Gandhian model of growth.
Choose the correct answer from the codes given below:
A - Only 1
B - Only 2
C - Both
D - Neither 1 nor 2
Answer : C
Explanation
N/A
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Answer : A
Explanation
N/A
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Q 4 - Consider the following statements:
1. Money market deals with all short and long terms loans.
2. Capital market deals with only long term and medium term loans.
Choose the correct answer from the codes given below:
A - Only 1
B - Only 2
C - Both
D - Neither 1 nor 2
Answer : C
Explanation
N/A
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Answer : D
Explanation
N/A
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Answer : D
Explanation
N/A
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Answer : D
Explanation
The vision is introduced by former President A. P. J. Abdul Kalam.
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Answer : D
Explanation
No FDI is allowed.
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Q 9 - In reference to ‘take-out finance scheme, consider the following statements:
1. Banks lend normally to infrastructure projects, but sell a part of that loan to a third party after a certain period of time.
2. The scheme is designed to encourage commercial banks to lend more to the infrastructure sector.
Choose the correct answer from the codes given below:
A - Only 1
B - Only 2
C - Both
D - Neither 1 nor 2
Answer : C
Explanation
N/A
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Answer : C
Explanation
N/A
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Q 11 - Consider the following statements:
1. The condition in which, people work for lesser hours than they wish for, is known as underemployment.
2. The situation in which, people seem to be employed, but actually they are unemployed, is known as disguised unemployment.
Choose the correct answer from the codes given below:
A - Only 1
B - Only 2
C - Both
D - Neither 1 nor 2
Answer : C
Explanation
N/A
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Answer : C
Explanation
Raja Chelliah was an economist.
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Answer : D
Explanation
N/A
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Answer : A
Explanation
With about 58% of total contribution, service sector is the largest contributor to Indian GDP.
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Answer : A
Explanation
Primary deficit is in fact the difference between fiscal deficit of the current year and interest payments on the previous borrowings.
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Answer : A
Explanation
The objective is to provide suitable opportunities of self-employment to the rural poor women.
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Answer : A
Explanation
Ludhiana is one of the leading cycle manufacturing centers in India.
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Answer : C
Explanation
It is established under the Spices Act, 1986.
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Answer : B
Explanation
China is the largest trading partner followed by Saudi Arabia and Switzerland.
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Answer : A
Explanation
The scheme has been implemented in 1995-96.
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