Indian Economy MCQs

Indian Economy Multiple Choice Questions (MCQs) for State and UPSC Civil Services Examinations. Objective Questions on Indian Economy for competitive examinations.

51. Which among the following economic systems doesn’t have profit-making as motive?

  1. Socialist
  2. Market
  3. Mixed
  4. Traditional

Choose the correct option from the choices given below:

[A] 1 and 2
[B] 2 and 3
[C] 3 and 4
[D] 1 and 4

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52. Which of the following activities comes under the primary sector?
1. Fishing
2. Pisciculture
3. Apiculture
4. Manufacturing
5. Internet of things
Choose the correct option from the codes given below:

[A] 1 and 2 only
[B] 1, 4 and 5 only
[C] 4 and 5 only
[D] 1,2 and 3 only

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53. How much Foreign Direct Investment(FDI) is allowed in e-commerce?

[A] 75%
[B] 60%
[C] 100%
[D] 51%

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54. Who established Central India Spinning, Weaving, and Manufacturing Company in Bombay?

[A] Ratan Tata
[B] Jamsetji Tata
[C] D.Birla
[D] Baldev Das Birla

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55. Who is the author of the ‘Planned economy for India’?

[A] M.K.Gandhi
[B] Pandit Nehru
[C] Sardar Vallabhai Patel
[D] M. Visvesvaraya

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56. Which state has the highest literacy in India?

[A] Karnataka
[B] Maharashtra
[C] Andhra Pradesh
[D] Kerala

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57. What was the target of the first five-year plan?

[A] Development of agriculture
[B] Development of textile industry
[C] Develpoemnt of manufacturing
[D] Removal of poverty

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58. Which organization has developed a composite water management Index?

[A] Ministry of Water Resources, River Development and Ganga Rejuvenation
[B] World Economic Forum
[C] NITI Aayog
[D] IISER

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59. Which organization releases a composite water management index?

[A] NITI Aayog
[B] Ministry of water resources
[C] World bank
[D] World Economic forum

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60. What is the maximum Production assistance given to the farmers under the Hybrid rice production scheme?

[A] Rs.5000/qtls
[B] Rs.2000/qtls
[C] Rs.3000/qtls
[D] Rs.4000/qtls

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