Top 550+ Solved Indian Economy MCQ Questions Answer
Q. The main reason for low growth rate in India, inspite of high rate of savings and capital formation is: [IAS 1995]
a. high birth rate
b. low level of foreign aid
c. low capital/output ratio
d. high capital/output ratio
Q. Which among the following sectors received the largest Central plan outlay in the last few Central Government annual budgets? [CDS 2002]
a. Energy
b. Agriculture and allied activities
c. Social Services
d. Communication
Q. After the initiation of economic reforms in 1991-92 the percentage share of: [CDS 1999]
a. direct taxes increased and that of indirect taxes decreased in gross tax revenue
b. Both direct and indirect taxes increased in gross tax revenue
c. both direct and indirect taxes decreased in gross tax revenue
d. direct taxes decreased and that of indirect taxes increased in gross tax revenue
Q. Which of the following statements about indirect taxes in India is/are true? 1. Yield from indirect taxes is much more than that from direct taxes 2. Indirect taxes have grown faster than direct taxes since independence 3. Indirect taxes are ultimately paid for by persons who do not actually pay the taxes to the Government 4. Increase in indirect taxes is a welcome feature in a developing country
a. 1, 2 and 4
b. 1 and 2
c. 2 only
d. 1, 2 and 3
Q. Which of the following is not an indirect tax?
a. Land revenue
b. Customs duties
c. Entertainment tax
d. Sales tax
Q. The average MPCE of rural people in India according to 68 th round ofNSSO is:
a. rs.1281.45
b. rs.2401.68
c. rs.2105
d. rs.455
Q. Among the following states which has the highest HDI value?
a. goa
b. punjab
c. kerala
d. tamil nadu
Q. The annual growth rate of India’s population according to 2011censusis:
a. 1.9%
b. 1.76%
c. 2%
d. none
Q. What is the percentage of agricultural population in India in 2012.
a. 66 per cent
b. 35 percent
c. 70 percent
d. 90 percent
Q. What was the contribution of the primary sector to net domestic product ofIndia in 2011.
a. 80%
b. 18%
c. 53%
d. 25%
Q. Which state of India has derived the maximum benefit from GreenRevolution.
a. kerala
b. maharashtra
c. u.p
d. punjab