Indian Economy MCQ Practice Set – Series 7

Indian Economy MCQ Practice Set Questions Answers – Series 7

 1)…….is also called ‘sunrise’ industry:

a) Copper

b) Plastic

c) Automobile

d) Jewellry

View Answer
Option – c)

2) In Indian, liberal Industrial Policy was adopted in the year:

a) 1948

b) 1956

c) 1985

d) 1991

View Answer
Option – d)

3) Since when disinvestment started in public enterprises?

a) 1990-91

b) 1991-92

c) 1992-93

d) 1993-94

View Answer
Option -b)

4) Which of the following is NOT a part of Indian’s Money Market?

a)Bill Markets

b) Call Money Market

c) Banks

d) Indian Gold Council

View Answer
Option – d)

5) Which of the following cannot called a Debt Instrument as referred in financial transactions?

a) Certificate of Deposits

b) Bonds

c) Stocks

d) Commercial Papers

View Answer
Option – c)

6) 70% of working population of India is engaged in:

(a) public sector

(b) primary sector

(c) secondary sector

(d) tertiary sector

View Answer
Option – b)

7) Who wrote the book ‘Planned Economy for India’?

(a) M. Visvesvaraya

(b) Sardar Vallabhbhai Patel

(c) Jawaharlal Nehru

(d) Mahatma Gandhi

View Answer
Option -a)

8) Consider the following statements in respect of the National Rural Employment Guarantee Act, 2005 :

1. Under the provisions of the Act, 100 days of employment in a year to every household whose adult members volunteer to do unskilled manual work has become a fundamental right.

2. Under the provisions of the Act, women are to get priority to the extent that one-half of persons who are given employment are women who have asked for work. Which of the statements given above is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 and 2

View Answer
Option – b)

9) Which of the following is the amount of Insurance cover provided to the workers of the unorganized sector under Rashtriya Swasthya Bima Yojana ?

a) Rs. 10,0007

b) Rs. 20,0007

c) Rs. 30,0007

d) Rs. 40,0007

View Answer
Option – c)

10) Which of these programs has not been included in the Swarna Jayanti Swarozgar Yojana?

(a) IRDP



(d) JR

View Answer
Option – d)

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