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. Where is the headquarters of the Tobacco Board of India?
[A] Guntur
[B] Vellore
[C] Chennai
[D] Kochi
Show Answer
Correct Answer: A [Guntur]
Notes:
The Tobacco Board of India is a facilitator for tobacco growers, traders, and exporters. Its headquarters is at Guntur, Andhra Pradesh.
22. To which state Kadaknath chicken belongs to?
[A] Madhya Pradesh
[B] Haryana
[C] Punjab
[D] Maharashtra
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Correct Answer: A [Madhya Pradesh]
Notes:
The famous Kadaknath chicken meat from Jhabua district of Madhya Pradesh. It has now got a Geographical Indication (GI) tag. The tag denotes that the product comes from a particular geographical area, and often enhances its commercial value.
23. Which International organization releases the Global Forest Assessment report?
[A] UN-FAO
[B] World economic forum
[C] CITES
[D] International Union of Forests research organization
Show Answer
Correct Answer: A [UN-FAO]
Notes:
The Global Forest Resources Assessment (FRA) is released by the Forestry Department of the Food and Agriculture Organization of the United Nations . It reports on the status and trends of the world’s forest resources.
24. Which of the following state is the largest producer of jute in India?
[A] Bihar
[B] Uttar Pradesh
[C] West Bengal
[D] Punjab
Show Answer
Correct Answer: C [West Bengal]
Notes:
West Bengal is the largest producer of jute in India. Bihar ranks second.
25. Which commodity processing can be considered as primary processing?
[A] Rice
[B] Chocolate
[C] Bakery
[D] None of the above
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Correct Answer: A [Rice]
Notes:
Processing can be delineated into primary and secondary processing. Rice, sugar, edible oil, and flour mills are examples of primary processing. Secondary processing includes the processing of fruits and vegetables, dairy, bakery, chocolates and other items.
26. Which among the following manufacturing industry provides employment to maximum people?
[A] Information technology
[B] Petroleum
[C] Textile
[D] Iron and Steel
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Correct Answer: C [Textile]
Notes:
Textile industry contributes 14% to industrial production and 4 % to GDP. It is the highest employment provider. The Industry accounts for nearly 13 % of total export earnings of India.
27. What is the contribution of Gems and Jewellery to Indian merchandise exports?
[A] 10%
[B] 15%
[C] 20%
[D] 18%
Show Answer
Correct Answer: B [15%]
Notes:
The contribution of Gems and Jewellery to Indian merchandise exports is 15%. Exports of gold coins and medallions from India stood at $ 1.9 bn, while exports of silver jewellery stood at $ 3.3 bn during April 2017-February 2018.
28. Which is the top Imitation Jewelry exporter in the world?
[A] China
[B] India
[C] USA
[D] UK
Show Answer
Correct Answer: A [China]
Notes:
The top 3 Imitation Jewelry exporters in the world:
1. China
2. France
3. Austria
29. What is India’s rank in the coal production in the world?
[A] 2
[B] 3
[C] 4
[D] 5
Show Answer
Correct Answer: A [2]
Notes:
The top 5 coal-producing countries are :
1. China
2. India
3. US
4. Australia
5. Indonesia
30. When was Pharmaceutical Export Promotion Council (PHARMEXCIL) established?
[A] 2004
[B] 2005
[C] 2006
[D] 2002
Show Answer
Correct Answer: A [2004]
Notes:
The Pharmaceutical Export Promotion Council (PHARMEXCIL) was established in 2004 by the Ministry of Commerce and Industry, Government of India, to promote pharma export.
