Indian Economy MCQ Set-20
Economic Development in India MCQ for competitive examinations in India such as UPSC CSE, State PSC, IBPS PO, SBI PO, IBPS SO, IBPS RRB, IBPS Clerk and various government & public sector undertaking jobs in India.
Q.1 Which of the following is the biggest contributor of foreign exchange reserve of India?
A. Special Drawing Power
B. Gold Reserve
C. Foreign Currency Assets
D. Gold
Answer: C. Foreign Currency Assets
Q.2 Human Development Index is published by:
A. UNDP
B. WTO
C. WHO
D. IMF
Answer: A. UNDP
Note: UNDP- United Nations Development Programme
Q.3 Economic planning of India is included in:
A. Concurrent List
B. Reserve List
C. Union List
D. State List
Answer: A. Concurrent List
Q.4 In India, corporation tax is imposed by:
A. Union Govt
B. State Govt.
C. Both state and union govt
D. Municipalities
Answer: A. Union Govt.
Q.5 “ECOMARK” symbol is related to:
A. Goods safe for the environment
B. Goods safe for the forest
C. Goods produced in forest
D. None of these
Answer: A. Goods safe for the environment
Q.6 Which sector has the maximum weights in the Industrial Production Index (IIP) in India?
A. Manufacturing
B. Power
C. Mining
D. None of these
Answer: A. Manufacturing
Q.7 Who among the following introduced five-year plan in India?
A. Indira Gandhi
B. Narendra Modi
C. Jawaharlal Nehru
D. MK Gandhi
Answer: C. Jawaharlal Nehru
Q.8 The Rural Infrastructure Development Fund (RIDF) is being operationalized by:
A. NABARD
B. RBI
C. Regional Rural Banks
D. None of these
Answer: A. NABARD
Q.9 PM-Kisan yojana was launched in the year?
A. 2014
B. 1999
C. 2018
D. 2020
Answer: C. 2018
Note: The PM- Kisan scheme came into effect from 1st December, 2018.
Q.10 PM-SBY is a:
A. Crop insurance scheme
B. Accident insurance scheme
C. Industrial insurance scheme
D. None of these
Answer: B. Accident insurance scheme
Note: Pradhan Mantri Suraksha Bima Yojana is a government-backed accident insurance scheme in India launched on 8th May, 2015
List of Indian Economy MCQ sets from GKLead.com
- Economic Terms MCQ Set-1
- Indian Economy MCQ Set-2
- Economic Terms MCQ Set-3
- Indian Economy MCQ Set-4
- Indian Economic History MCQ Set-5
- Indian Economy MCQ Set-6
- Indian Economy MCQ Set-7
- Indian Economy MCQ Set-8
- Taxation System in India MCQ-9
- Commercial Banking MCQ Set-10
- Indian Economy MCQ Set-11
- Indian Economy MCQ Set-12
- International Economic Institutions MCQ-13
- Post Economic Liberalization MCQ Set-14
- Indian Monetary System MCQ Set-15
- Microeconomics MCQ Set-16
- Macroeconomics MCQ Set-17
- Indian Economy MCQ Set-18
- Indian Economy MCQ Set-19
- Economic Development in India MCQ Set-20
