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.
31. India is a member of International Telecommunication Union from which year?
[A] 1867
[B] 1869
[C] 1900
[D] 1901
Show Answer
Correct Answer: B [1869]
Notes:
India is a member in International Telecommunication Union since 1869. United Nations International Telecommunication Union is the nodal agency for framing International Standards on Telecom Infrastructure. It’s headquarters is located in Geneva, Switzerland.
32. With which company SBI general partnered to offer bus travel with domestic travel insurance?
[A] Abhibus
[B] Redbus
[C] RailYatri
[D] None
Show Answer
Correct Answer: C [RailYatri]
Notes:
SBI General Insurance partnered with IntrCity RailYatri to offer bus travellers domestic travel insurance. SBI General Insurance, under this partnership, will include a wide range of coverage, including accidental death, permanent complete disability, and emergency evacuation.
33. Which country is the largest producer of shale oil?
[A] Russia
[B] USA
[C] Argentina
[D] China
Show Answer
Correct Answer: B [USA]
Notes:
In 2023, the USA produced over 9 million barrels per day of shale oil. Shale production accounts for nearly half of total U.S. oil output. The U.S. shale boom began around 2008 with hydraulic fracturing technology. The USA leads globally in shale reserves and export capacity. Argentine Vaca Muerta, China, and Russia have lower production volumes.
34. Which country is the largest shale gas producer in the world?
[A] China
[B] Argentina
[C] Algeria
[D] USA
Show Answer
Correct Answer: D [USA]
Notes:
The United States produced over 1,029 billion cubic meters of natural gas in 2023. USA accounts for more than 80% of global commercial shale oil and gas output as of 2024. Major US shale basins include the Permian, Marcellus, and Haynesville. No other country matches the US in total commercial shale gas output by mid-2024.
35. Which is the largest natural gas-producing state in India?
[A] Gujarat
[B] Maharashtra
[C] Assam
[D] Odisha
Show Answer
Correct Answer: C [Assam]
Notes:
Assam produces the highest quantity of natural gas among Indian states with a monthly output of 265.25 million metric standard cubic meters as per 2026 data. It accounts for nearly one-third of the country’s onshore natural gas production. Assam’s primary fields include the Digboi, Dibrugarh and Sivasagar regions. The state surpasses other major producers like Rajasthan, Tripura, and Gujarat.
36. In which state Koyana Hydroelectric Power Project is located?
[A] Karnataka
[B] Maharashtra
[C] Madhya Pradesh
[D] Kerala
Show Answer
Correct Answer: B [Maharashtra]
Notes:
Koyana Hydroelectric Power Project is located in Maharashtra. It is over Koyana river.
37. Which is the largest nuclear power plant in India?
[A] Tarapur
[B] Kudankulam
[C] Kalpakkam
[D] Kakrapar
Show Answer
Correct Answer: B [Kudankulam]
Notes:
Kudankulam Nuclear Power Plant is located in Tirunelveli district, Tamil Nadu. Its first and second units, each of 1000 MWe capacity, became operational in 2014 and 2017. The total operational capacity is 2000 MWe as of 2024. Four more units of 1000 MWe each are under different stages of construction at Kudankulam. It is operated by the Nuclear Power Corporation of India Limited (NPCIL).
38. Which among the following is the function of the control rod in a nuclear reactor?
[A] Control Temperature
[B] Increase Temperature
[C] Control Pressure
[D] Absorption of neutrons
Show Answer
Correct Answer: D [Absorption of neutrons]
Notes:
A control rod is a material that is used to control the power of a nuclear reactor. By absorbing neutrons, a control rod prevents the neutrons from causing further fissions.
39. In which country Fukushima nuclear power plant is located?
[A] Japan
[B] Germany
[C] London
[D] South Korea
Show Answer
Correct Answer: A [Japan]
Notes:
Fukushima nuclear power plant is located in Japan. The nuclear accident happened in 2011. The event was caused by the 2011 T?hoku earthquake and tsunami. It was the most severe nuclear accident since the Chernobyl disaster in 1986.
40. Fundamental rights under which of the following articles do not pertain to labour laws in India?
[A] Article 15
[B] Article 19
[C] Article 23
[D] Article 30
Show Answer
Correct Answer: D [Article 30]
Notes:
Any policy, rule or law, under any circumstances, cannot violate the Fundamental Rights. In fact, these rights have been ensured through various labour legislations and include: the right to equality (Article 14), prohibition of discrimination (Article 15), the rights to freedom of speech and association (Article 19), the rights to life and personal liberty (Article 21), prohibition of traffic in human beings and forced labour (Article 23), and prohibition of employment of children in factories, etc. (Article 24).