Indian Economy MCQs
Indian Economy Multiple Choice Questions (MCQs) for SSC, State and all One Day Examinations of India. Objective Questions on Indian Economy for competitive examinations.
21. Carbamide is the alternative name of which fertilizer?
[A] Urea
[B] Potash
[C] Ammonium Nitrate
[D] Ammonium Phosphate
Show Answer
Correct Answer: A [Urea]
Notes:
Carbamide is the alternative name of Urea. Itc chemical formula is CO(NH₂)₂.
22. What is re-harvesting known as?
[A] Ratooning
[B] Solid Planting
[C] Mulching
[D] None of the above
Show Answer
Correct Answer: A [Ratooning]
Notes:
Ratoon cropping is growing a fresh crop from the stubbles or suckers of the plant crop without replanting. It is also referred to as stubble cropping, re-harvesting. Sugarcane is cultivated by this method.
23. Which of the following is / are parts of the Public Distribution System in India?
- Cooperative Stores
- Military Canteens
- Super Bazaars
- Fair Price Shops
Select the correct option from the codes given below:
[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 4
[D] Only 1 & 4
Show Answer
Correct Answer: D [Only 1 & 4]
Notes:
The Public distribution system is for the distribution of goods at a fair price which is much lower than the market price. The government uses the fair price shops to distribute the food supplies to the people using them.
24. Which city is called Grapes capital in India?
[A] Nasik
[B] Ahmednagar
[C] Satara
[D] Sangli
Show Answer
Correct Answer: A [Nasik]
Notes:
Nasik is called Grapes capital of India. It is also known as the Wine capital of the country as it is also home to largest number of vineyards and wineries in India.It produces about 10,000 tonnes of grapes per year and the largest vineyard in Nashik is the Sula Vineyards
25. Which among the following is a bird disease?
[A] H1N1
[B] H5N1
[C] H5N5
[D] H2N5
Show Answer
Correct Answer: B [H5N1]
Notes:
H5N1 is Bird fl. It is Avian influenza refers to the disease caused by infection with avian (bird) influenza (flu) Type A viruses. H1N1 is known as swine flu.
26. Rythu Bazar is a direct Agri produce marketing place in which state?
[A] Andhra Pradesh
[B] Telangana
[C] Both
[D] None
Show Answer
Correct Answer: C [Both ]
Notes:
States have introduced direct marketing of farm produce, examples being the Uzhavar Sandhai (Tamil Nadu), the Rythu Bazaar (Andhra Pradesh and Telangana), the Raitha Santhe (Karnataka), the Apni Mandi (Punjab) and the Krushak Bazaar – (Odisha).
27. Under which ministry is the Monopolies and Restrictive Trade Practices Commission?
[A] Ministry of Finance
[B] Ministry of Commerce
[C] Minsitry of Home Affairs
[D] Minstry of Corporate Affairs
Show Answer
Correct Answer: B [Ministry of Commerce]
Notes:
Monopolies and Restrictive Trade Practices Commission (MRTPC) was set up under the Monopolies and Restrictive Trade Practices Act, 1969. The MRTPC is an organ of the Department of Company Affairs, Ministry of Corporate Affairs, Government of India. MRTPC is a quasi-judicial body.
28. Which state is the largest e-waste producer in India?
[A] Telangana
[B] Maharashtra
[C] Tamil Nadu
[D] Karnataka
Show Answer
Correct Answer: B [Maharashtra]
Notes:
Maharashtra is the largest e-waste Producer.It produces about 19.8% of e waste produced in India.Out of the produced amount, it recycles only about 47,810 tonnes per annum (TPA).
29. Which of the following is a permanent member of Washington accord?
1. India
2. Japan
3. China
4. Australia
Choose the correct option from the codes given below:
[A] 1 and 3 only
[B] 1,2 and 4 only
[C] 2 and 4 only
[D] All of the above
Show Answer
Correct Answer: D [All of the above]
Notes:
The full signatories of Washington accord are Australia, Canada, China, Hong Kong, India, Ireland, Japan, Korea, Malaysia, New Zealand, Pakistan, Peru, Philippines, Russia, Singapore, South Africa, Sri Lanka, Taiwan, Turkey, the United Kingdom and the United States.
30. Which country is the largest importer of Pharmaceuticals in the world?
[A] USA
[B] China
[C] India
[D] Germany
Show Answer
Correct Answer: A [USA]
Notes:
World’s 5 Largest Pharmaceutical Importers are:
1. United States: $99.7 billion
2. Germany: $53.7 billion
3. Belgium: $36.7 billion
4. United Kingdom: $33.8 billion
5. Switzerland: $29.3 billion
