Indian Economy MCQs

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

71. Which among the following would result in the fall in asset prices?
[A] Low Liquidity in the Economy
[B] High Liquidity in the Economy
[C] RBI increasing the Reverse Repo Rates
[D] RBI allows more banks to play

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72. Which among the following curve defines the principle that zero tax rate would produce zero revenue for the government and a 100% tax rate would also generate zero revenue for the taxing Government?
[A] Laffer curve
[B] Lorenz curve
[C] Engel curve
[D] Kuznets curve

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73. Which among the following is the most reasonable idea behind issuing the “sweat equity” by the companies now a days?
[A] To provide more profits to the retail investors
[B] To provide more profits to the corporate investors
[C] To retain the best employees
[D] To save tax

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74. In which year Public Debt Act was passed ?
[A] 1938
[B] 1940
[C] 1944
[D] 1948

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75. How many currencies are used in the Real Effective Exchange Rate (REER) that is both trade and export weighted indicator?
[A] 6
[B] 18
[C] 36
[D] 72

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76. Which among the following industry has been traditionally called a “Child of Protection”?
[A] Textile Industry
[B] Cement Industry
[C] Sugar Industry
[D] Petroleum Industry

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77. During which five year plan The Khadi and Village Industries Commission was established ?
[A] First Five year Plan
[B] Second Five year Plan
[C] Third Five year Plan
[D] Fourth Five Year Plan

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78. In which year Marine Products Export Development Authority (MPEDA), was established?
[A] 1970
[B] 1972
[C] 1974
[D] 1976

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79. Who among the following was the chairman of All-India Rural Credit Review Committee (1969)?
[A] A. Ghosh
[B] B. Venkatappiah
[C] C. Janakiraman
[D] D. Jalan

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80. The term “TDSAT” refers to which among the following ?
[A] A Satellite
[B] A Tribunal
[C] A Telecom Company
[D] A Society

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