Indian Economy MCQ Questions and answers for practice

31

In India Yellow revolution is associated with:

A) production of tea B) production of oil seeds. C) production of flower D) production of paddy

Discuss

Answer & Solution

Answer: Option B

Solution:

In India Yellow revolution is associated with the production of oil seeds.

32

The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is:

A) Command Area Development (CAD) B) Cordial Area Development C) Copper Area Development D) Cop Authority Development

Discuss

Answer & Solution

Answer: Option A

Solution:

The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is Command Area Development (CAD).

33

The first fully Indian Bank is:

A) Punjab National Bank B) Central Bank of India C) Canara Bank D) State Bank of India

Discuss

Answer & Solution

Answer: Option A

Solution:

The first fully Indian Bank is Punjab National Bank.

34

Indian state with highest road length is:

A) Maharashtra B) Uttar Pradesh C) Rajasthan D) Andhra Pradesh

Discuss

Answer & Solution

Answer: Option A

Solution:

Indian state with highest road length is Maharashtra.

35

The total number of national highways in the country is:

A) 328 B) 528 C) 228 D) 499 E) 599

Discuss

Answer & Solution

Answer: Option E

Solution:

List of state wise National Highways in India, and national highways in India total. There are 599 National Highways in India total, according to the Ministry of Roads, Transport, and Highways (MoRTH). The new numbering of India's National Highways has been updated throughout time. On its official website, the Ministry has provided information on the nation's national highways.

Last Updated on 06^st August, 2023 11:00 Hours

36

Unit Trust of India (UTI) was established in:

A) 1964 B) 1904 C) 1968 D) 1970

Discuss

Answer & Solution

Answer: Option A

Solution:

Unit Trust of India (UTI) was established in 1964.

37

SEBI which was established in April 1988 stands for:

A) Share and Exchange Board of India B) Securities and Exchange Board of India C) Securities and Exchange Bureau of India D) Security and Economic Board of India

Discuss

Answer & Solution

Answer: Option B

Solution:

Securities and exchange Board of India (SEBI) was first established in the year 1988 as a non-statutory body for regulating the securities market. It became an autonomous body by The Government of India on 12 May 1992.

38

As per the targets of 11th Five year Plan (2007-12) Mortality Rate (2012) has been targeted at:

A) 1 per 1000 births B) 1 per 10000 births C) 1 per 100 births D) 1 per 10 births

Discuss

Answer & Solution

Answer: Option A

Solution:

As per the targets of 11th Five year Plan (2007-12) Mortality Rate (2012) has been targeted at 1 per 1000 births.

39

When personal direct taxes are subtracted from personal income the obtained value is called:

A) Gross Domestic Product (GDP) B) National Income C) Gross National Product (GNP) D) Personal Income

Discuss

Answer & Solution

Answer: Option C

Solution:

When personal direct taxes are subtracted from personal income the obtained value is called Gross National Product (GNP)

40

As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by:

A) 8.2% in 2011-12 B) 8.0% in 2011-12 C) 8.5% in 2011-12 D) 7.8% in 2011-12

Discuss

Answer & Solution

Answer: Option B

Solution:

As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by 8.0% in 2011-12.

Indian Economy MCQ Questions and answers for practice | GK