ভাৰতীয় অৰ্থনীতিৰ গুৰুত্বপূৰ্ণ প্ৰশ্নোত্তৰ Indian Economy MCQ

ভাৰতীয় অৰ্থনীতিৰ গুৰুত্বপূৰ্ণ প্ৰশ্নোত্তৰ Indian Economy MCQ

1. Pick out the correct meaning listed below to define 'average income'.

A) The average income is the same as per capita income.
B) The average income includes the value of property held.
C) Average income of the country means the total income of the country.
D) The average income in a country is the income of only employed people.

... Answer is A)
The average income is the same as per capita income.

2. GDP is the total value of ___ produced during a particular year.

A) All final goods and services
B) All intermediate and final goods and services
C) All goods and services
D) All intermediate goods and services

... Answer is A)
All final goods and services

3.For calculating Body Mass Index (BMI), weight of the person is divided by the -

A) Square of the sum of height and weight.
B) Square of the weight.
C) Square root of the height.
D) Square of the height.

... Answer is D)
Square of the height.

4. Investment made by MNCs are termed as -

A) Entrepreneur.
B) Indigenous investment.
C) Foreign investment.
D) Non of the above.

... Answer is C)
Foreign investment.

5. Which one of the following is most appropriate regarding transaction made in money ?

A) It is the safest way.
B) It promotes trade.
C) It is the easiest way.
D) It is the cheapest way.

... Answer is C)
It is the easiest way.

6.Total income of the Country divided by its total population is known as -

A) Per capita income.
B) Capital income
C) GDP
D) National Income

... Answer is A)
Per capita income.

7. Which one of the following is the new way of providing loans to rural poor ?

A) Self help groups.
B) Relatives and friends
C) Co-operative societies
D) Traders

... Answer is A)
Self help groups.

8. Full form of NITI Aayog is -

A) National Institute for Transmitting India.
B) National Institute for Transforming India.
C) National Institution for Transforming India.
D) Non of the above.

... Answer is C)
National Institution for Transforming India.

9. Countries with higher income are ___ than others with less income.

A) More developed
B) Less stronger
C) Less developed
D) More organized

... Answer is A)
More developed

10. National Development Council was constituted in -

A) 6th August, 1952
B) 16th August, 1942
C) 7th August, 1952
D) 17th August, 1951

... Answer is A)
6th August, 1952

11. Formation of NITI Aayog was announced in -

A) 1st January, 2015
B) 15th January, 2014
C) 1st August, 2014
D) 15th August, 2015

... Answer is A)
1st January, 2015

12. Economic planning refers to -

A) The mobilisation of both taxes and man power.
B) The planning of man power.
C) The mobilisation of taxes.
D) The allocation of resources.

... Answer is D)
The allocation of resources.

13. Removal of Barriers set by the Government is known as -

A) Liberalisation
B) Industrialisation
C) Globalisation
D) Privatisation

... Answer is A)
Liberalisation

14. Which one of the following is the main source of credit for rich urban households in India?

A) Money Lenders
B) Formal Sectors
C) Informal Sectors
D) Traders

... Answer is B)
Formal Sectors

15. W.T.O. was started at the initiative of which one of the following Countries ?

A) Developed Countries.
B) Rich Countries.
C) Developing Countries.
D) Poor Countries.

... Answer is A)
Developed Countries.

16. The sectors are classified into public and private sector on the basis of -

A) The nature of economic activity.
B) Employment conditions.
C) Number of workers employed in the enterprise.
D) Ownership of enterprises.

... Answer is D)
Ownership of enterprises.

17. From which country India adopted the Five year plans -

A) Australia
B) USSR
C) USA
D) Germany

... Answer is B)
USSR

18. Resources which will get exhausted after years of use are -

A) Competing resources
B) Renewable resources
C) Non-renewable resources
D) Non-durable resources

... Answer is C)
Non-renewable resources

19. What will be the top priority in the development goal of a landless labourer ?

A) Establishment of a high school.
B) More days of work and better wages.
C) Expansion of rural banking.
D) Metal roads for transportation.

... Answer is B)
More days of work and better wages.

20."Twenty Point Programme" (TPP) was launched in the year -

A) 1975
B) 1959
C) 1967
D) 1972

... Answer is A)
1975

21. Why do banks keep a small proportion of the deposits as cash with themselves ?

A) To pay salary to staff.
B) To extended loan to poor.
C) To pay the depositors might come to withdraw money.
D) To extended loan facility.

... Answer is C)
To pay the depositors might come to withdraw money.

22. A rolling plan refers to a plan which ___.

A) Changes its allocation every year.
B) Changes its allocation and target every year.
C) Changes only its target every year.
D) Does not change its target every year.

... Answer is B)
Changes its allocation and target every year.

23. Pick out the cause (from below) that enhances environmental degradation -

A) Allowing increase in the level of exhaust fumes emitted by cars, buses, trucks, etc.
B) Prevention of factory wastes getting mixed up with river water.
C) Planning of trees.
D) Ban on use of plastic bags.

... Answer is A)
Allowing increase in the level of exhaust fumes emitted by cars, buses, trucks, etc.

24. Architect of India's second five year plan is -

A) Chakravarti
B) Harrod- Domar
C) Bramanandha
D) Mahalanobis

... Answer is D)
Mahalanobis (Prasanta Chandra Mahalanobis)

25. What would be the most promissing source of energy fifty years from now and why ?

A) Forest product based energy, because India has abundant forests.
B) Petroleum energy, because it is obtained from fossil fuels.
C) Solar energy, because it is not exhaustible.
D) Coal based energy, because it is pollution - free.

... Answer is C)
Solar energy, because it is not exhaustible.

26. Development of a country can generally be determined by -

A) Health status of its people
B) Its per capita income
C) Its average literacy level
D) All the above

... Answer is D)
All the above

27. Production of a commodity, mostly through the natural process, is an activity in ___ sector.

A) Tertiary
B) Primary
C) Secondary
D) Information technology

... Answer is B)
Primary

28. The father of Indian planning is -

A) Sir M. Vishweshwaraiah
B) Jawaharlal Nehru
C) B. R. Ambedkar
D) Mahatma Gandhi

... Answer is A)
Sir M. Vishweshwaraiah

29. Proportion of literate population in the 7 and above age group is called as -

A) Excellence Rate
B) Literacy Rate
C) Knowledge Rate
D) Attendance Rate

... Answer is B)
Literacy Rate

30. Which among the following authorities issues currency notes ?

A) State bank of India
B) Reserve bank of India
C) Government of India
D) Central bank

... Answer is B)
Reserve bank of India

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