Top 550+ Solved Indian Economy MCQ Questions Answer
Q. A "closed economy" is an economy in which [CSAT 2011]
a. the money supply is fully controlled
b. deficit financing takes place
c. only exports take place
d. neither exports nor imports take place
Q. In India, the concepts of "minimum heeds" and "directed anti-poverty programmes" were the innovations of: [CDS 2004]
a. Fourth Five-year Plan
b. Fifth Five-year Plan
c. Sixth Five-year Plan
d. Seventh Five-year Plan
Q. Success of 4th plan was obstructed by :
a. poor monsoon
b. war with Pakistan
c. problem of Bengal refugees
d. All of the above
Q. The 'Slack Season' in the Indian Economy is:
a. March - April
b. Sept. - Dec.
c. Jan. - June
d. Feb. – April
Q. Consider the following statements: 1. The nation-wide scheme of the National Child Labour Projects (NCLP) is run by the Union Ministry of Social Justice and Empowerment. 2. Gurupadswamy Committee dealt with the issues of child labour. Which of the statements given above is/are correct? [IAS 2007]
a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2
Q. 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
Q. India's wage policy is based on : [Railways 1994]
a. cost of living
b. standard of living
c. productivity
d. None of the above
Q. Unemployment which occurs when workers move from one job to another job is knownas : [IAS 1992]
a. seasonal unemployment
b. frictional unemployment
c. cyclical unemployment
d. technological unemployment
Q. The type of unemployment mostly found in India can be characterised as :
a. structural
b. frictional
c. cyclical
d. disguised
Q. Disguised unemployment in India is mainly related to : 1. agricultural sector 2. rural area 3. factory sector 4. urban area
a. 1 and 2
b. 1 and 3
c. 2 and 4
d. 3 and 4
Q. One of the reasons for India's occupational structure remaining more or less the same over the years has been that: [IAS 1995]
a. productivity in agriculture has been high enough to induce people to stay with agriculture
b. people are largely unaware of the significance of transition from agriculture to industry for economic development
c. investment pattern has been directed towards capital intensive industries
d. ceilings on land holdings have enabled more people to- own land and hence their preference to stay with agriculture