Top 550+ Solved Indian Economy MCQ Questions Answer
Q. The Mudaliar Committee was related to:
a. export-import policy
b. exim bank
c. small scale industries
d. banking sector
Q. The balance of payment on current account shows:
a. the record of the current position of the country in transfer of both visible and invisible items
b. the record of the financial position of the country
c. the extent of the financial position of the country
d. the record of the current position of visible items.
Q. “Capitalism” refers to?
a. The use of market
b. Government ownership of capital
c. Private ownership of capital goods
d. Private ownership of homes & cars
Q. What is the main cause of exports surplus?
a. Country’s stringent import policy
b. Developments in national and international markets
c. Country’s exports promotion value
d. above all
Q. Which State produces maximum pulses in the country?
a. Madhya Pradesh
b. Uttar Pradesh
c. Odisha
d. Maharashtra
Q. What percentage of country's demand for natural rubber is met by indigenous production:
a. 80%
b. 97%
c. 86%
d. 100%
Q. Buffer stocks of foodgrains have helped the Government to achieve all but one of the following:
a. solve food problem
b. maintain Public Distribution System
c. implement employment generation programmes
d. provide balanced diet to masses
Q. India is said to be in the second stage of the demographic transition because:
a. both birth and death rates are high
b. birth rate is high but -death rate is declining due to improvement in healthy services
c. death rates and birth rates are declining sharply
d. none of the above
Q. Which arrangement of the following would show the correct sequence of demographic transition as typically associated with economic development? 1. high birth rate with high death rate 2. birth rate with low death rate 3. high birth rate with low death rate
a. 1, 2, 3
b. 1, 3, 2
c. 3, 1, 2
d. 2, 1, 3
Q. The 'Uruguay Round' negotiations resulted in the establishment of: [Asstt Comm 2008]
a. NATO
b. OECD
c. WHO
d. WTO