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Questions related to Indian Economics are always asked in every competitive examinations conducted by SSC CGL, UPSC, PSC, LIC, GIC, Railways, IBPS, etc. The main objective of these questions is to test the candidate's knowledge in the subject Economics, specially Indian Economics. For this purpose we have provided more than 100 objective questions on Indian Economy with answers for the candidates to enhance their knowledge in this area. All these questions had already been asked in various competitive examinations such as SSC CGL, SSC CHSL, SSC TAX ASSISTANT, UPSC, BANK CLERK, BANK PO, CDS, NDA, CPO, PSC, LIC, GIC, RAILWAYS, etc.

Take 10 Questions Online Quiz (objective questions) on Indian Economy below:

1) India is regarded as a country with 'Demographic Dividend
A) . This is due to:
B) Its high population in the age group below 15 years
C) Its high population in the age group of 15-64 years
D) Its high population in the age group above 65 years

2) The Second Five Year Plan laid more stress upon:
A) agriculture
B) industrialisation
C) removing poverty
D) self-reliance

3) Poverty Gap is :
A) the difference between poverty line and actual income levels of all those living below that line
B) gap between the rich and the poor
C) gap between developed nations and developing nations
D) gap in infrastructural facilities between developed and developing nations

4) Non Tax revenues can be increased by improving the working of the?
A) Electricity boards
B) State Road Transport Corporations
C) Commercial irrigation projects
D) All of these

5) Ad Valorem means:
A) according to value
B) according to weight
C) according to size
D) according to advertisement costs

6) Economic survey is published by :
A) Ministry of Finance
B) Planning Commission
C) Govt. of India
D) Indian Statistical Institute

7) Deficit financing creates additional paper currency to fill the gap between expenditure and revenue. This device aims at economic development but if it fails, it generates :
A) inflation
B) devaluation
C) deflation
D) demonetization

8) The type of unemployment mostly found in India can be characterised as :
A) structural
B) frictional
C) cyclical
D) disguised

9) The Planning Commission of India as per Indian Constitution is?
A) An autonomous body
B) An executive body
C) An advisory body
D) A Government department

10) In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?
A) Commercial Banks
B) Cooperative Banks
C) Regional Rural Banks
D) Microfinance Institutions

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