Indian Economy Multiple Choice Questions (MCQs)

Indian Economy Multiple Choice Questions (MCQs)

Indian Economy Multiple Choice Questions (MCQs) for State and UPSC Civil Services Examinations.

MCQs Questions on Indian Economy for competitive examinations.


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Indian Economy MCQs

1 / 49

What is the full form of UPI?

2 / 49

The idea of Regional Rural Banks (RRBs) in India was promulgated with RRB Act of 1976. In June 2004, an Advisory Committee on Flow of Credit to Agriculture and Related Activities recommended restructuring of RRBs in order to improve the operational viability of RRBs and take advantage of the economies of scale. Who among the following was the chairman of this committee?

3 / 49

Which of the following company introduced for the first time Traveller Cheques in the form of ‘circular notes’?

4 / 49

Which among the following is the first Development Financial Institution in the country to cater to the long-term finance needs of the industrial sector?

5 / 49

What is the market size of processing plant equipment in India?

6 / 49

Who releases the Business-to-Consumer (B2C) E-commerce Index?

7 / 49

Samavesh initiative by NITI Aayog is related to__?

8 / 49

How many types of honey bees exist in the world?

9 / 49

The banks keep the Margin Requirements for the primary purpose of which of the following?

10 / 49

Which country is the top energy consumer in the world?

11 / 49

What is MSF stands for?

12 / 49

A specially marked territory within the country that has more liberal economic laws is known as?

13 / 49

Which among the following is the only reinsurance company in India?

14 / 49

Which is the largest onion dehydrated company in India?

15 / 49

Which of the following was set up by State bank of India on recommendation of Iyer Committee in 1991?

16 / 49

What kind of the cost is emplying a lawyer to seek help in getting a contract drafted and enforced between two parties?

17 / 49

Which Industry was more focussed in the Industrial policy of 1956?

18 / 49

What is the share government expenditure on health (as a percentage of GDP)?

19 / 49

Which is the most industrialized state in India?

20 / 49

What is Horticulture’s share in the Indian export market?

21 / 49

Which of the following is/are Money Market Instruments?

22 / 49

What is the total export of textile machinery from India?

23 / 49

Which state has the highest dependence of Fuelwood on forests?

24 / 49

What is FDI received by FMCG sector in the last 2 decades i.e from 2000 to 2020?

25 / 49

What is the amount of biodiversity in Indian fish compared to that of the world?

26 / 49

Which is the main gas that is present in LPG?

27 / 49

The Financial Action Task Force (FATF) is an initiative of:

28 / 49

What is the FDI that attracted by India in the Automobile sector in the last 2 decades i.e from 2000 to 2020?

29 / 49

When was the steel scrap recycling policy announced by government of India?

30 / 49

In which year first five year plan was launched?

31 / 49

What is the full form of SFOORTI?

32 / 49

Norman Borlaug belongs to which country?

33 / 49

What is the contribution of construction in steel sector?

34 / 49

To get the Credit History of a company, which among the following should be approached?

35 / 49

Which among the following is the correct character of the Foreign Exchange Markets?

36 / 49

Education, health, and housing are related to which field?

37 / 49

What is India’s rank in petrol refining in the world?

38 / 49

Which among the following denotes the main function of Bank of International Settlement?

39 / 49

What is the percentage of land under tenancy?

40 / 49

How many active Farm clubs exist in India?

41 / 49

For which of the following, the Reserve Bank of India has stipulated a maximum Capital Adequacy Requirements in India?

42 / 49

Which sectors among the following are reserved for the government exclusively?

43 / 49

What is the share of India in the overall primary energy consumption in the world?

44 / 49

How many principals and sub-market yards under APMCs in India?

45 / 49

What is the share of hydroelectricity in the total electricity produced in the world?

46 / 49

Which among the following is one among the five indicators used by the United Nations Development Programme in its annual Human Development Report for Gender related standard of living?

47 / 49

IFSC is an alphanumeric code designed to uniquely identify the bank branches in India. This is an 11-digit code with the first four characters representing the bank’s code, the next character reserved as control character (currently, 0 appears in the fifth position) and remaining six characters to identify the branch. RBI has advised all banks to print IFSC on cheque leaves issued to customers. What is the full form for IFSC Code?

48 / 49

What is “Khan Prahari”?

49 / 49

Which of the following type of economy has purely private ownership?

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