Monday, May 22, 2017

Top 100 Indian Economy Questions with Answers

1. Which sector of Indian Economy has shown remarkable expansion during the last decade? – Tertiary Sector

2. Hindu Rate of growth refers to the rate of growth of which sector? – GDP

3. In India, Hindu Rate of Growth is associated with which income? – National Income

4. What is the base year for computation of National Income in India? – 1993-94

5. As the economy develops, what happens in the share of the tertiary sector in the GDP? – Increases

6. Who coined the term ‘Hindu rate of growth’ for Indian Economy? – Raj Krishna

7. Who wrote a book describing the theory of economic drain of India during British rule? – Dadabhai Naoroji

8. Which is definitely a major indication of the State of the economy of a country? – Rate of GDP growth

9. Where is the Indian Sugarcane Research Institute situated? – Lucknow

10. The impact of Green Revolution was felt most in the production of which crop? – Wheat

11. Which is the apex organisation of Marketing Co-operatives at the national level? – NAFED

12. Under which Five Year Plan agriculture register a negative growth? – Third

13. Where is the Central Food Technological Research Institute (CFTRI) situated? – Mysore

14. Where first Agriculture University of India was established? – Pantnagar

15. In which year was the Food Corporation of India (FCI) set up? – 1965

16. Which bank provides the largest credit to agriculture and allied sectors? – Commercial Banks

17. Which is the apex institution in the sphere of Agriculture credit? – NABARD

18. The Bonded Labour System (Abolition) Act was legislated in which year? – 1976

19. The Green Revolution in India was the outcome of the efforts of which person? – M. S. Swaminathan

20. Who is known as Father of White Revolution in India? – V. Kurien

21. Where is the Central Rice Research Institute located? – Cuttack

22. Dr. M. S. Swaminathan has distinguished himself in which fields? – Agriculture

23. Agriculture sector directly employs what percentages of labour force in India? – 65 %

24. Which method of soil conservation is most effective in arid areas? – Shelter belt

25. Which state is the most industrially advanced State in India? – Maharashtra

26. Industrial licensing was finally abolished (with a few exception) in which policy? – Industrial Policy, 1991

27. First Industrial Policy of free India was announced in which year? – 1948

28. Who was the Chairman of the National Commission for Enterprises in the Unorganised Sector? – Arjun Sengupta

29. Commercial paper is a source of credit for which industry? – Corporate Industry

30. Which car companies has launched a small cheaper car ‘Nano’? – Tate Motors Ltd.

31. What is the classification of industries on the basis of raw-materials? – Primary and Secondary

32. Which is the biggest enterprise of the Government of India? – Railway

33. Raurkela Steel Plant was set up with the assistance from which country? – West Germany

34. In India, liberal Industrial Policy was adopted in which year? – 1991

35. Bhilai Steel Plant is the collaborative project of Indian Government and which other country? – Soviet Union

36. Since when disinvestment started in public enterprises? – 1991-92

37. Which entity holds the Number 1 position among Indian international trading company? – MMTC

38. Which one of the following Indian States does not keep its own High Court? – Manipur

39. Which one of the following is not the main jurisdiction of the High Court of a State? – Advisory Jurisdiction

40. Omkar Goswami Committee was set up by the Government for examining the issue of which matter? – Industrial sickness

41. The licensing policy for the industries drew strength from which act? – Industrial Act, 1951

42. Where is the Forest Reserve Institute of India located? – Dehradun

43. Which State in’ India is estimated to have the largest coal reserves in India? – Jharkhand

44. Which is a ‘Hot Spot’ for biological diversity in India? – Sundarban

45. Major coalfields of India are located in the river valley of – Damodar

46. Which one of the following is the highest gravity dam which river? – Bhakra Dam

47. What is the minimum forest cover to maintain ecological balance in the plains? – 33%

48. Which is the longest irrigation canal in India called? – Indira Gandhi Canal

49. When was the first National Forest Policy issued by the Government of India? – 1952

50. The national forest policy aims at maintaining how much of the total geographical area under forests? – One-fifth

51. The Government of India has decided to declare which river a ‘National River’? – Ganga

52. Which ‘geographical indicators’ has not been recognised for patent protection? – Darjeeling Basmati

53. National Horticulture Mission was launched in which Five Year Plans? – Tenth Five Year Plan

54. ‘Twenty Point Programme’ (Beessutri Karyakrama) was first launched in which Year? – 1975

55. Who presides over the National Development Council of India? – Prime Minister of India

56. Which is an extra- constitutional and non-statutory body? – Planning Commission

57. Which experienced the fastest expansion during the plan in India? – Services

58. Primary emphasis during Second Plan was laid on the development of which industry? – Basic and Key industries

59. Who was the First Chairman of Planning commission of India? – Pt. Jawahar Lal Nehru

60. Whose name is associated with formulation of Planning Strategy in Second Five Year Plan? – Prasanta Chandra (P.C.) Mahalanobis

61. Which is the highest body that approves Five Years Plans in the country? – National Development Council

62. By whom was the Rolling Plan for backward country suggested? – Gunnar Myrdal

63. In which Five Year Plan, the main objective was the eradication of poverty? – Fifth Five Year Plan

64. Durgapur, Bhibei and Rourkela iron steel-plants were setup during which plan? – First

65. The iron and Steel plants of Rourkela and Durgapur were conceived under which plan? – Second Five Year Plan

66. The real introduction of Decentralized Planning in India was made for the first time during the which plan? – 9th Plan

67. Planning Commission was established in 1950 through which order? – An executive order

68. The slogen ‘Garibi Hatao’ (Poverty abolition) was given in which Five Year Plan? – Fifth plan

69. In which one of year ‘Rolling Plan’ was on operation in India? – 1978-79

70. The major emphasis in the First Five Year Plan was on which field? – Agriculture

71. In which Five Year Plan, Economic Development Rate was maximum? – Tenth Five Year Plan

72. Only one can be the ex-officio Chairman of the Planning Commission. Who is that? – Prime Minister

73. Mahalanobis Model has been associated with which Five Year Plan? – Second Five Year Plan

74. The Planning Commission of India was constituted in which year? – 1950

75. Which Plan gave emphasis on removal of poverty for the first time? – Fifth

76. Which is not an objective of India’s economic planning? – Population Growth

77. The rolling plan concept in national planning was introduced by which government? – Janta Government

76. The Government has renamed NREGA scheme and the name associated with which person? – Mahatma Gandhi

77. District Primary Education Programme was initiated in which year? – 1994

78. To whose help STEP is the abbreviated name of the welfare programme? – Woman

79. On which basis has the planning, commission defined ‘Poverty line’ in rural areas in India? – 2400 k cal

80. The National Rural Employment Scheme was launched throught out the country from which date? – 1-4-2008

81. which is the developed the concept of Human Development Index? – Mehboob-ul-Haq

82. National Rural Health Mission (NRHM) was launched in which year? – 2005

83. Swamjayanti Gram Swarojgar Yojana came into being in which year? – April, 1999

84. In terms of Human Development Index which is the most developed State of India? – Kerala

85. Which programme announced by the Prime Minister for the minorities in India? – 15 Point Programme
86. ‘Food for Work Programme’ was introduced during which Five Year Plans? – V

87. In which Five Year Plan, the main objective was the eradication of poverty? – Fifth Five Year Plan

88. While calculating HDI, what are the maximum value for Life Expectancy at birth (years) taken? – 85 and 25

89. In terms of Human Development Index, India falls under which category? – Very Low

90. Which is the standard of living in a country represented? – Per Capita Income

91. Which is a project to develop watersheds in India? – NWDPRA

92. Which plan gave emphasis on removal of poverty of the first time? – Fifth

93. In India, the Community Development Programme was started on which date? – October 2, 1952

94. Which represents ‘I’ in the abbreviation IRDP? – Integrated

95. National Rural Employment Guarantee Act (NREGA) does not promote? – Promote inclusive growth

96. Poverty level in India is established on the basis of which expenditure? – House-hold consumer expenditure

97. Mid-Day Meal is a scheme to provide nutrious food to which childran? – school going children

98. What is NOT the source of revenue of Central Government? – Agriculture Income Tax

99. Which is the largest single source of the Government’s earning from tax revenue? – Central excise

100. Which taexs/duties is NOT under the jurisdiction of the Central Government? – Land Revenue.

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