Home History Geography Polity General Science Indian Economy Grammar
Welcome, Guest

MCQ on Indian Economy

Who was the father of Operation Flood in India ?

  • Dr. Varghese Kurien
  • M. S. Swaminathan
  • A P J Abdul Kalam
  • Morarji Desai
  • Correct Option: A  [ Dr. Varghese Kurien ]

    Explanation: Operation Flood related to Milk Production.

Tertiary sector activities include

  • Cottage industries
  • Mining activities
  • Construction activities
  • Infrastructure services
  • Correct Option: D  [ Infrastructure services ]

    Explanation:

Which prograrnme gave the slogan, Garibi Hatao ?

  • 4th Five Year Plan
  • 5th Five year plan
  • 6th Five Year Plan
  • 7th Five year plan
  • Correct Option: B  [ 5th Five year plan ]

    Explanation:

Which industry employs the largest number of women in India ?

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

    Explanation:

Which of the following Committees are related to Banking reforms:
i) Narsimham Committee
ii) P J Nayak Committee
iii) Sunil Mehta Committee
iv) Nachiket Mor Committee

  • (i), (ii) and (iii) only
  • (ii), (iii) and (iv) only
  • (i) and (iv) only
  • (i), (ii), (iii) and (iv)
  • Correct Option: D  [ (i), (ii), (iii) and (iv) ]

    Explanation:

Thename of Prasanta Chandra Mahalanobis is associated with:

  • First Five-Year Plan
  • Second Five-Year Plan
  • Third Five-Year Plan
  • Fourth Five-Year Plan
  • Correct Option: B  [ Second Five-Year Plan ]

    Explanation: Prof. Prasanta Chandra Mahalanobis is also known as the father of Indian Statistics, architect of the Second Five-Year Plan (1956–61).

The basic regulatory authority for mutual funds and stock markets lies with the:

  • Stock exchanges
  • Government of India
  • Reserve Bank of India
  • Securities and Exchange Board of India.
  • Correct Option: D  [ Securities and Exchange Board of India. ]

    Explanation:

National Food Security Act came into effect in the year:

  • 2012
  • 2013
  • 2014
  • None of the above
  • Correct Option: B  [ 2013 ]

    Explanation:

NPA of a commercial bank means:

  • Net-Performing Asset
  • New-Performing Asset
  • Non-Personal Account
  • Non-Performing Asset
  • Correct Option: D  [ Non-Performing Asset ]

    Explanation: A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for long period.

Which of the following pairs is/are incorrectly matched?
i. Finance Commission : Constitutional of India
ii. Securities and Exchange Board of India : Statutory Body
iii. NITI Aayog : Constitutional Body
iv. Reserve Bank of India : Statutory Body
Select the correct answer using the codes given below.

  • (i) and (iii) only
  • (ii) and (iv) only
  • (iii) only
  • (iv) only
  • Correct Option: C  [ (iii) only ]

    Explanation: