Top 550+ Solved Indian Economy MCQ Questions Answer
Q. Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are: 1. Credit facilities 2. Savings facilities 3. Insurance facilities 4. Fund Transfer facilities Select the correct answer using the codes given below the lists: [CSAT 2011]
a. 1 only
b. 1 and 4 only
c. 2 and 3 only
d. 1, 2, 3 and 4
Q. India is regarded as a country with "Demographic Dividend". This is due to [CSAT 2011]
a. Its high population in the age group below 15 years
b. Its high population in the age group of 15-64 years
c. Its high population in the age group above 65 years
d. Its high total population
Q. Consider the following statements: 1. The number of post offices in India is in excess of 1.5 lakhs. 2. Bharat Sanchar Nigam Limited (BSNL) was formed in the year 1997. 3. Telecom Regulatory Authority of India (TRAI) was established in the year2000. Which of the statements given above is/are correct? [IAS 2005)
a. 1, 2 and 3
b. 1 and 2
c. 1 only
d. 3 only
Q. Which' day is celebrated as 'National Consumer Right Day?
a. 24th September
b. 24th October
c. 24th November
d. 24th December
Q. Which of the following gives the maximum production of edible oil?
a. Groundnut
b. Mustard
c. Rapeseed
d. Sunflower
Q. Ad Valorem means:
a. according to value
b. according to weight
c. according to size
d. according to advertisement costs
Q. Which State stands first in the length of roads in the country?
a. Maharashtra
b. Uttar Pradesh
c. Madhya Pradesh
d. Rajasthan
Q. Who is the originator of Green Revolution in India?
a. Norman E. Borlaug
b. M.S. Swaminathan
c. Garry Backer
d. None of these
Q. 'Conditionality' of an IMF loan to a member country stands for: [Asstt Grade 1994]
a. interest and repayment terms of the loan
b. an assessment of the credit worthiness of the borrower
c. schedule of disbursement of loan installments
d. the policy steps which the borrower country must take
Q. …………… is known as the father of Iron and Steel company in India.
a. jamshedji tata
b. ratan tata
c. ambani
d. mittal
Q. WTO prescribes export subsidies as:
a. competition
b. unfair competition
c. monopolistic competition
d. exploitation
Q. Export promotion is an:
a. inward looking strategy
b. outward looking strategy
c. fiscal strategy
d. political strategy