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QUIZ ON INDIAN ECONOMICS (OBJECTIVE QUESTIONS)


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) Participatory Notes (PNs) are associated with which one of the following?
A) Consolidated Fund of India
B) Foreign Institutional Investors
C) Indian Investors
D) Contingency Fund of India

2) The success of the Green Revolution does not require:
A) adequate irrigation facilities
B) availability of high yielding seeds
C) pesticides and chemical fertilizers
D) large scale mechanization

3) Which of the following groups of states has the largest concentration of rural poor and people living below the poverty line?
A) Karnataka, Maharashtra, Goa
B) Goa, Andhra Pradesh, Maharashtra
C) Tamil Nadu, Kerala, Goa
D) Andhra Pradesh, Karnataka, Tamil Nadu

4) Excise Duty is a tax levied on the?
A) export of goods
B) import of goods
C) production of goods
D) sale of goods

5) Which of the following is not correct?
A) I Plan : 1951-1956
B) III Plan : 1966-1971
C) VI Plan : 1980-1985
D) XI Plan : 2007-2012

6) Which of the following bodies finalises the Five Year Plan proposals?
A) Planning Commission
B) Union Cabinet
C) National Development Council
D) Ministry of Planning

7) Which of the following is not viewed as a national debt?
A) National Saving Certificate
B) Provident Fund
C) Life Insurance Policies
D) Long-term Government Bonds

8) A country is said to be in a debt trap if:
A) it has to abide by the conditionalities imposed by the International Monetary Fund
B) it has to borrow to make interest payments on outstanding loans
C) it has been refused loans or aid by creditors abroad
D) the World Bank charges a very high rate of interest on outstanding as well as new loans

9) Depreciation means?
A) Closure of a plant due to labour trouble
B) Destruction of a plant in a fire accident
C) Loss of equipment over time due to wear and tear
D) Closure of a plant due to lock out

10) What is Green Gold?
A) Tea
B) Coffee
C) Gold
D) Rice

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