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. Which is the largest cement consuming state in India?
[A] Andhra Pradesh
[B] Gujarat
[C] Maharashtra
[D] Karnataka
Show Answer
Correct Answer: C [Maharashtra]
Notes:
Maharashtra is the largest cement consuming state in India. Andhra Pradesh is the largest producer.
22. In which city cement production was first started in India?
[A] Madras
[B] Porbandar
[C] Mumbai
[D] Nagpur
Show Answer
Correct Answer: A [Madras]
Notes:
The first cement factory was set up at Porbandar in Gujarat. But the first cement production was started in Madras in 1904.
23. Which among the chemicals come under Basic Chemicals?
1. Adhesive sealant
2. Plastics
3. Fertilizers
4. Petrochemicals
Choose the correct option from the choices given below:
[A] 1,2 and 3 only
[B] 2,3 and 4 only
[C] 1,2,3 and 4
[D] 3 and 4 only
Show Answer
Correct Answer: D [3 and 4 only]
Notes:
The basic chemicals are – Petrochemicals, Fertilizers,Inorganic chemicals, Other Industrial chemicals. The Speciality chemicals are Adhesive sealant,catalysts,industrial gases,plastic additives.
24. What is the share of household and personal care products sale in total FMCG sales?
[A] 30%
[B] 50%
[C] 35%
[D] 61%
Show Answer
Correct Answer: B [50%]
Notes:
In India the share of household and personal care products sale in total FMCG sales is 50%. The bevarges account for 18-20 % and healthcare for 31-32%.
25. 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.
26. When was AMRUT mission launched?
[A] 2016
[B] 2014
[C] 2017
[D] 2015
Show Answer
Correct Answer: D [2015]
Notes:
Atal Mission for Rejuvenation and Urban Transformation(AMRUT) was launched by Prime Minister of India Narendra Modi in June 2015 . It focuses to establish infrastructure that could ensure adequate robust sewage networks and water supply for urban transformation by implementing urban revival projects.
27. What is the FDI allowed in steel sector under automatic route?
[A] 100%
[B] 75%
[C] 60%
[D] 49%
Show Answer
Correct Answer: A [100%]
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.
28. Which is the largest Bamboo producing country in the world?
[A] India
[B] China
[C] USA
[D] Brazil
Show Answer
Correct Answer: B [China]
Notes:
China is the largest bamboo producing country in the world. India is the second-largest bamboo producer.
29. Why was eVIDYA launched by the government of India?
[A] To providing tests for competitive educations
[B] To provide digital education
[C] To provide online courses
[D] None of the above
Show Answer
Correct Answer: B [To provide digital education]
Notes:
In May 2020, Government of India launched PM eVIDYA. It is a programme for multi-mode access to digital/online education.
30. In which year was Sankalp scheme was launched?
[A] 2018
[B] 2019
[C] 2020
[D] 2017
Show Answer
Correct Answer: B [2019]
Notes:
Minister of Skill Development & Entrepreneurship has launched “Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) programme in 2019. It was launched to enhance skills of the youth.
