Aptitude Reasoning English GK Computer Knowledge Programming Skill Banking Software Testing



Question - 1

INDIAN ECONOMY:

 

The growth rate of Per Capita Income at current prices is higher than that of Per Capita Income at constant prices, because the latter takes into account the rate of

  • growth of population
  • increase in price level
  • growth in money supply
  • increase in the wage rate
  • None of the Above
Solutions
Question - 2

INDIAN ECONOMY:

 

The most appropriate measure of a country’s economic growth is its

  • Gross Domestic Product
  • Net Domestic Product
  • Net National Product
  • Per Capita Real Income
  • None of the Above
Solutions
Question - 3

INDIAN ECONOMY:

 

Under which plan did the Government introduce an agricultural strategy which gave rise to Green Revolution?

  • Second Five Year Plan
  • Third Five Year Plan
  • Fourth Five Year Plan
  • Sixth Five Year Plan
  • None of the Above
Solutions
Question - 4

INDIAN ECONOMY:

 

The Second Five Year Plan was based on

  • Mahalanobis Model
  • Vakil and Brahmananda’s Wage – Goods Model
  • Harrod – Domar Growth Model
  • Solow Growth Model
  • None of the Above
Solutions
Question - 5

INDIAN ECONOMY:

 

Which plan gave emphasis on removal of poverty for the first time?

  • Fourth
  • Fifth
  • Sixth
  • Seventh
  • None of the Above
Solutions
Question - 6

INDIAN ECONOMY:

 

The period of the Eleventh Five Year Plan is

  • 2005 to 2010
  • 2006 to 2011
  • 2007 to 2012
  • 2008 to 2013
  • None of the Above
Solutions
Question - 7

INDIAN ECONOMY:

 

The Planning Commission of India was constituted in the year

  • 1942
  • 1947
  • 1950
  • 1955
  • None of the Above
Solutions
Question - 8

INDIAN ECONOMY:

 

Which one of the following is NOT correct?

  • First Five Year Plan: 1951 - 56
  • Second Five Year Plan: 1956 - 61
  • Third Five Year Plan: 1961 - 66
  • Fourth Five Year Plan: 1966 - 71
  • None of the Above
Solutions
Question - 9

INDIAN ECONOMY:

 

Which one of the following Five Year Plans of India had growth with social justice and equality for achieving its goal as the main focus? 

  • VI
  • VII
  • VIII
  • IX
  • None of the Above
Solutions
Question - 10

INDIAN ECONOMY:

 

Which one of the following pairs is NOT correctly matched?

  • First Five Year Plan: 1951 - 56
  • Third Five Year Plan: 1961 - 66
  • Fifth Five Year Plan: 1966 - 79
  • Ninth Five Year Plan: 1996 - 2001
  • None of the Above
Solutions
Question - 11

INDIAN ECONOMY:

 

Which is the highest body that approves Five Year Plans in the country?

  • Planning Commission
  • Union Cabinet
  • Parliament
  • National Development Council
  • None of the Above
Solutions
Question - 12

INDIAN ECONOMY:

 

Economic Planning in ____

  • Union list
  • State list
  • Concurrent list
  • not any specified list
  • All of these
Solutions
Question - 13

INDIAN ECONOMY:

 

NABARD was established in the

  • Fourth Five Year Plan
  • Fifth Five Year Plan
  • Sixth Five Year Plan
  • Eighth Five Year Plan
  • None of the Above
Solutions
Question - 14

INDIAN ECONOMY:

 

The slogan ‘Garibi Unmulan’ (Poverty eradication) was given in which Five Year Plan?

  • Second plan
  • Fourth plan
  • Fifth plan
  • Sixth plan
  • None of the Above
Solutions
Question - 15

INDIAN ECONOMY:

 

In which Five Year Plan, Economic Development Rate was maximum?

  • First Five Year Plan
  • Fourth Five Year Plan
  • Sixth Five Year Plan
  • Tenth Five Year Plan
  • None of the Above
Solutions
Question - 16

INDIAN ECONOMY:

 

In which one of year ‘Rolling Plan’ was in operation in India?

  • 1968 - 69
  • 1978 - 79
  • 1988 - 89
  • 1990 - 91
  • None of the Above
Solutions
Question - 17

INDIAN ECONOMY:

 

National Development Council was constituted on 

  • August 16, 1950
  • April 1, 1951
  • August 6, 1952
  • August 16, 1952
  • None of the Above
Solutions
Question - 18

INDIAN ECONOMY:

 

Who was the First Chairman of Planning Commission of India?

  • M. Viswesvarya
  • Pt. Jawahar Lal Nehru
  • P.C. Mahalanobis
  • John Mathai
  • None of the Above
Solutions
Question - 19

INDIAN ECONOMY:

 

Which of the final authority in India to approve Five Year Plans?

  • Union Council of Ministers
  • Planning Commission
  • Prime Minister
  • UPA chair person
  • None of the Above
Solutions
Question - 20

INDIAN ECONOMY:

 

Which of the following experienced the fastest expansion during the plan in India?

  • Agriculture
  • Industry
  • Services
  • All of the above
  • None of the Above
Solutions
Tags:
Important Indian economy for GK Quiz, Indian economy questions and answers,Quiz on common Indian economy for Govt Exams, Indian economy MCQ Question PDF Download, frequently asked Indian economy Question.