Indian Economy MCQs

Notes:
Silviculture is defined as the art and science of controlling the establishment, growth, composition, health, and quality of forests and woodlands to meet the needs and values of landowners and society on a sustainable basis. It includes operations such as regeneration, tending, and harvesting, with objectives including timber production, wildlife habitat, and ecological health.

Notes:
The top Tobacco producing states are Andhra Pradesh (45%), Karnataka (26%), Gujarat (14%), Uttar Pradesh (5%), Tamil Nadu (2%), Bihar (2%) and West Bengal (1%).

Notes:
China produces and consumes almost half of the world’s cement annually. In 2025, China’s cement output was below 1.7 billion tons. Cement consumption in China remains higher than in any other country. China’s cement industry experienced a 6.9% year-on-year decline in output in 2025. Despite a slowdown, China continues to dominate the global cement market in volume.

Notes:
Bharat Heavy Electricals Limited (BHEL) was established in 1964. BHEL is the largest government-owned electrical equipment manufacturer in India. It operates under the Ministry of Heavy Industries. BHEL manufactures power plant equipment and contributes about 53% to India’s installed capacity of conventional power generation. The company’s headquarters is in New Delhi. BHEL operates 16 manufacturing units.

Notes:
The Real Estate (Regulation and Development) Act, 2016 seeks to protect home-buyers as well as help boost investments in the real estate industry. The Act establishes a Real Estate Regulatory Authority (RERA) in each state for regulation of the real estate sector and also acts as an adjudicating body for speedy dispute resolution. The act came into force on 1 May 2016.

Notes:
The FDI allowed by the government of India in the steel sector is 100%. This is to boost the steel sector in the country which still ahs a great potential.

Notes:
Bamboo is the major raw material for the paper industry of India. Softwood generally grows in a temperate regions and is in short supply for India. So Bamboo is widely used in India.

Notes:
Under the PM Jan Arogya Yojna about 5 lakhs is provided per family per year. It is for medical treatment in empanelled hospitals, both public and private.

Notes:
Zero-coupon bonds pay no periodic interest and are sold at a discount, with the investor receiving face value at maturity. U.S. Treasury bills, U.S. savings bonds, and stripped coupon bonds are classic examples. In contrast, corporate bonds with regular coupon payments pay interest periodically, so they are not zero-coupon bonds. Thus, only 1, 2, and 3 are correct.

Notes:
The commercial papers are unsecured promissory notes issued by top rated corporates, primary dealers and AIFI for a period between 7 days to 1 year. The minimum amount is 5 lakh.