Indian Economy MCQs

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

81. Which among the following programme was started with the assistance ofFord Foundation?
[A] Community Development Programme
[B] Intensive Agriculture Development program (IADP)
[C] Intensive Agriculture Area programme (IAAP)
[D] High Yielding Variety Programme (HYVP)

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82. From which of the following financial years, Seed Crop Insurance began in India?
[A] 1999-2000
[B] 2000-2001
[C] 2001-2002
[D] 2002-2003

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83. In context with the Balance of Payments, the Merchandise exports, which refer to sale of goods abroad belong to which among the following?
[A] Credit Entry in the Current Account
[B] Debit Entry in the Current account
[C] Credit entry in the Capital Account
[D] Debit entry in the Capital Account

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84. Which among the following Industrial Policy Resolution / statement was based upon the Mahalanobis Model of growth?
[A] Industrial Policy Resolution – 1956
[B] Industry Policy Statement 1973
[C] Industrial Policy Statement 1977
[D] None of them

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85. The Tobin tax, initially suggested by James Tobin was a tax on which among the following transactions?
[A] Property Transactions
[B] Currency Transactions
[C] Industrial transactions
[D] All of above

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86. Which among the following country creates most problems related to the “round tripping” in Indian Economy in context with FDI from this country to India?
[A] United States
[B] Mauritius
[C] Maldives
[D] United Kingdom

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87. A farmer has taken a loan for a paddy crop in the beginning of the Rabi Season and has not made a repayment. In which of the following situations, if Installment or interest is not paid for this loan, it would become a NPA (Non Performing Asset)?
[A] 90 Days from the due date
[B] 90 Days from the end of the Rabi Season
[C] 1 crop season from the due date
[D] 2 crop seasons from the due date

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88. The term “Golden Revolution” is most closely related to which of the following missions?
[A] National Solar Mission
[B] National Horticulture Mission
[C] National Mission on Clean Coal Technologies
[D] National Bamboo Mission

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89. A village in the plain area of India comes under the Pradhan Mantri Gram Sadak Yojna , if its population is more than ___?
[A] 500
[B] 1000
[C] 1500
[D] 2000

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90. The common international poverty line is based on an income of around___?
[A] $1.00 per day at the 2004 purchasing power parity
[B] $1.25 per day at the 2005 purchasing power parity
[C] $1.25 per day at the 2007 purchasing power parity
[D] $1.25 per day at the 2008 purchasing power parity

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