Indian Economy MCQs Set – 1

Question 1.

Aam Admi Bima Yojana was launched on:

A. November 14, 2011
B. March 5, 2009
C. March 10, 2008
D. October 2, 2007

Ans: D. October 2, 2007

Question 2.

During which five Year plan was phase of heavy industrialization initiated?

A. Second five year plan.
B. First five year plan
C. Third five year plan
D. Fourth five year plan

Ans: A. Second five year plan.

Question 3.

With which country did India’s comprehensive Economic partnership Agreement come into effect on August 1, 2011?

A. South Korea
B. China
D. Japan

Ans: D. Japan

Question 4.

National Rural Health mission was launched in:

A. October 2005
B. August 2005
C. April 2005
D. July 2005

Ans: C. April 2005

Question 5.

Planning commission constituted a high level committee for financial sector reforms in August 2007 under the Chairmanship of:

A. K.V. Kamath
B. Raghuram G. Rajan
C. Bimal Jalan
D. None of these

Ans: B. Raghuram G. Rajan

Question 6.

The Mid Day Meal scheme was launched on

A. August 15, 2000
B. August 15, 1992
C. August 15, 1995
D. August 15, 2001

Ans: C. August 15, 1995

Question 7.

National food for Work programme aimed at intensifying the generation of supplementary wage employment was launched in:

A. October 2004
B. September 2003
C. November 2004
D. January 2004

Ans: C. November 2004

Question 8.

Laadli Laxmi Yojana has been launched for supporting girls of all religions and caste up to their marriage by:

A. Uttar Pradesh government
B. Madhya Pradesh government
C. Haryana
D. none of the above

Ans: B. Madhya Pradesh government

Question 9.

Who gave the call for Evergreen Revolution?

A. M. S. Swaminathan
B. Verghese Kurien
C. Tribhuvandas Patel
D. H. M. Dalaya

Ans: A. M. S. Swaminathan

Question 10.

Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?

A. The Comptroller General of Accounts
B. NITI Ayog
D. None of these

Ans: A. The Comptroller General of Accounts

Question 11.

The Money Order system in India was introduced in the year :

A. 1999
B. 1880
C. 1882
D. 1904


Question 12.

Government has merged Annapurna Scheme with:

A. National Old Age Pension Scheme
B. Ujjwala
D. None of these

Ans: A. National Old Age Pension Scheme

Question 13.

Open market operation is a part of:

A. Credit Policy
B. Debit Policy
C. Deposit Policy
D. None of these

Ans: A. Credit Policy

Question 14.

Security and Exchange Board of India (SEBI) was established on:

A. April 12, 1992
B. July 12, 1982
C.July 9, 1988
D. July 5, 1995

Ans: A. April 12, 1992

Question 15.

In the world in terms of Railway Network system India ranks:

A. second
B. first
C. fourth
D. third

Ans: C. fourth

Question 16.

National Electricity Policy envisages elimination of power shortage by 2012 through addition of:

A. 50000 Megawatt
B. 75000 Megawatt
C. 100000 Megawatt.
D. 125000 Megawatt

Ans: A. 50000 Megawatt

Question 17.

Income tax in India was introduced by:

A. William Jones
B. James Wilson
C. Nicholas Kaldor
D. Mahavir Tyagi

Ans: B. James Wilson

Question 18.

The Ministry and programme Implementation – as an independent Ministry came into existence on :

A. October 15, 1999
B. January 15, 1998
C. September 15, 1999
D. June 15, 1999

Ans: A. October 15, 1999

Question 19.

In India the term Black Revolution is associated with:

A. Self-dependence in the production of coal
B. Nurturing the Black Soil
C. Self-dependence in the production of petroleum crude oil
D. Self-dependence in the production of balck corp

Ans: C. Self-dependence in the production of petroleum crude oil

Question 20.

For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America?

A. State Bank of India
B. Bank of Baroda
C. Punjab National Bank
D. Central Bank of India

Ans: C. Punjab National Bank

Indian Economy GK MCQs all set

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