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MCQ on Indian Economy

Major part of the Indian agriculture is characterized by

  • Large size farm
  • Capitalist agriculture
  • Small size farm
  • Co-operative farm
  • Correct Option: C  [ Small size farm ]

    Explanation:

The Reserve Bank of India was established in the year :

  • 1930
  • 1935
  • 1940
  • 1945
  • Correct Option: B  [ 1935 ]

    Explanation: RBI Nationalized on 1st Jan, 1949.

SRI, which is highly practiced in Tripura is associated with:

  • Rice production
  • Rural internal connectivity
  • E-marketing
  • Regards to elders
  • Correct Option: A  [ Rice production ]

    Explanation:

The Special Economic Zones Act was passed by the Indian Parliament in 2005 and the Act came into force in:

  • 2006
  • 2009
  • 2010
  • 2012
  • Correct Option: A  [ 2006 ]

    Explanation:

Which of the following sources provides highest tax revenue to Government of India?

  • Personal Income Tax
  • Excise Duty
  • Corporation Tax
  • Customs Duty
  • Correct Option: C  [ Corporation Tax ]

    Explanation:

"Swadesh Darshan" is:

  • a scheme for development of tourism infrastructure
  • related with transportation service for sightseeing in Tripura
  • a Char Dham Yatra
  • visit to a natural scenery
  • Correct Option: A  [ a scheme for development of tourism infrastructure ]

    Explanation:

In India, which sector generally suffers from the problem of surplus labour ?

  • Agriculture
  • Industry
  • Service
  • All of these
  • Correct Option: A  [ Agriculture ]

    Explanation:

New Industrial Policy of India was introduced in the year:

  • 1990
  • 1991
  • 1992
  • 1993
  • Correct Option: B  [ 1991 ]

    Explanation:

About Deendayal Antyodaya Yojana (DAY) which of the following is not correct ?

  • It focuses on both the rural and urban areas
  • It aims at skill development.
  • It is a State Government's scheme
  • It has replaced Ajeevika
  • Correct Option: C  [ It is a State Government's scheme ]

    Explanation:

Which industry employs the largest number of women in India ?

  • Tea
  • Textile
  • Jute
  • Coal
  • Correct Option: B  [ Textile ]

    Explanation: