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MCQ on Indian Economy
The Gandhian economy is based on the principle of:
- Competition
- Trusteeship
- State Control
- None of the above
Correct Option: B [ Trusteeship ]
Explanation:
Explanation:
Which institution in India controls the monetary policy of Indian currency?
- Finance Commission
- The Finance Ministry of India
- The Reserve Bank of India
- None of the above
Correct Option: C [ The Reserve Bank of India ]
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Explanation:
Chairman of the 15th Finance Commission of India-
- NK Singh
- YV Reddy
- Ranghuram Rajan
- Ramesh Chand
Correct Option: A [ NK Singh ]
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Explanation:
In the context of Indias Five Year Plans a shift in the pattern of industrialisation with lower emphasis on heavy industries and more on infrastructure begin in:
- Fourth Plan
- Sixth Plan
- Eight Plan
- Tenth Plan
Correct Option: B [ Sixth Plan ]
Explanation:
Explanation:
National Development Council was set up in:
- 1950
- 1951
- 1952
- 1954
Correct Option: C [ 1952 ]
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Explanation:
Which industry employs the largest number of women in India ?
- Tea
- Textile
- Jute
- Coal
Correct Option: B [ Textile ]
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Explanation:
Which of the following is a primary sector of economic activities in India ?
- Food processing
- Telecom services
- Manufacturing industry
- Agriculture
Correct Option: D [ Agriculture ]
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Explanation:
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 |
- (i) and (iii) only
- (ii) and (iv) only
- (iii) only
- (iv) only
Correct Option: C [ (iii) only ]
Explanation:
Explanation:
Who is the Chairman of the Fifteenth Finance Commission of India ?
- Anurag Thakur
- V. K. Singh
- R. Jain
- N. K. Singh
Correct Option: D [ N. K. Singh
]
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Explanation:
Which organisation looks after the credit need of agriculture and rural development in India ?
- FCI
- IDBI
- NABARD
- ICAR
Correct Option: C [ NABARD ]
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