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.
11. Which are major environmental causes of death in developing countries? (UPSC Prelims 1993)
[A] Lack of safe water, pesticide use, ozone thinning
[B] Contaminated food, global warming, CFCs
[C] Polluted air, greenhouse effect, soil erosion
[D] Unsafe water, contaminated food, polluted air
Show Answer
Correct Answer: D [Unsafe water, contaminated food, polluted air]
Notes:
Unsafe water, contaminated food, and polluted air are linked to around 40% of global deaths caused by pollution in developing countries. Waterborne diseases like cholera and diarrhoea account for significant mortality, especially in children. Air pollution contributes to respiratory diseases, increasing mortality rates among children under age five. Contaminated food transmits diarrhoeal diseases and other infections, particularly in low-income regions.
12. Which of the following constitute the World Bank?
I. International Bank for Reconstruction and Development
II. International Finance Corporation
III. International Development Association
IV. International Monetary Fund.
Choose the correct answer from the codes given below :
Codes : (UPSC Prelims 1995)
[A] I, II and III
[B] I and II
[C] III and IV
[D] I, II, III and IV
Show Answer
Correct Answer: A [I, II and III]
Notes:
The World Bank Group consists of five organizations:
The International Bank for Reconstruction and Development
The International Development Association
The International Finance Corporation
The Multilateral Investment Guarantee Agency
The International Centre for Settlement of Investment Disputes
13. Economic Survey in India is published officially, every year by which of the following authorities? (UPSC Prelims 1998)
[A] Reserve Bank of India
[B] Planning Commission of India
[C] Ministry of Finance, Government of India
[D] Ministry of Industries, Government of India
Show Answer
Correct Answer: C [Ministry of Finance, Government of India]
Notes:
The Department of Economic Affairs, Finance Ministry of India presents the Economic Survey in the parliament every year, just before the Union Budget. It is prepared under the guidance of the Chief Economic Adviser, Finance Ministry. It is the ministry’s view on the annual economic development of the country.
14. Which of the following is not the function of NITI Aayog?
[A] Competitve Federalism
[B] Cooperative Federalism
[C] Allocate central sector funds
[D] Promote Innvoation
Show Answer
Correct Answer: C [Allocate central sector funds]
Notes:
The allocation of funds is the work done by planning commission which is the main reason for criticism against it. NITI Aayog doesn’t have any fund allocation power.
15. What is growing of trees or shrubs around or among crops known as?
[A] Agro forestry
[B] Ally cropping
[C] Forestry
[D] Multi cropping
Show Answer
Correct Answer: A [Agro forestry]
Notes:
Agroforestry is a land use management system in which trees or shrubs are grown around or among crops or pastureland. This intentional combination of agriculture and forestry has varied benefits, including increased biodiversity and reduced erosion.
16. Which animal is globally raised in the highest numbers?
[A] Goat
[B] Cow
[C] Chicken
[D] Duck
Show Answer
Correct Answer: C [Chicken]
Notes:
Global poultry meat production is projected at 109.6 million metric tons in 2026. Chicken is raised more than any other animal worldwide. The United States forecasts chicken production at 22 million tons. China projects 16.7 million tons, Brazil 15.7 million tons, and the European Union 11.9 million tons. Chicken consumption per capita outpaces beef and pork globally.
17. What is the minimum tree canopy density that an area should have in order to be considered as a forest?
[A] 30%
[B] 15%
[C] 45%
[D] 10%
Show Answer
Correct Answer: D [10%]
Notes:
The forest cover of India includes all patches of land with a tree canopy density of more than 10% and more than 1 hectare in area, irrespective of land use, ownership and species of trees.
18. What does ‘Recorded forest area’ refer to?
[A] Area declared as forest by government
[B] Area recorded as forest in government records
[C] Forest area in government control
[D] None of the above
Show Answer
Correct Answer: B [Area recorded as forest in government records]
Notes:
Recorded Forest Area means land recorded as forest in government records under any Act, Forest Settlement, or administrative order. It covers Reserved Forests, Protected Forests, and Unclassed Forests. The terminology is used in official documents such as the India State of Forest Report published biennially by the Forest Survey of India.
19. Which country consumes the most fuelwood globally?
[A] India
[B] Indonesia
[C] Nigeria
[D] China
Show Answer
Correct Answer: A [India]
Notes:
India annually consumes approximately 349.97 million cubic meters of fuelwood. Indonesia follows at a distant second with around 149.48 million cubic meters. Large rural populations in India rely on fuelwood for cooking and heating. Household consumption constitutes the bulk of this usage. Both forest-sourced and non-forest wood resources contribute to India’s total fuelwood consumption. Agroforestry and trees outside forests provide a substantial part of supply.
20. Which irrigation source covers the most area in India, followed by others?
[A] Wells & Tubewells, Canals, Tanks
[B] Canals, Wells & Tubewells, Tanks
[C] Canals, Tanks, Wells & Tubewells
[D] Wells & Tubewells, Tanks, Canals
Show Answer
Correct Answer: A [Wells & Tubewells, Canals, Tanks]
Notes:
In 2022–23, wells and tubewells accounted for about 62.8% of irrigated area in India, canals for 22.85%, and tanks for 2.82%. Tubewells and other wells together covered the largest share, followed by canals and tanks. The total net irrigated area in India was 79,312 thousand hectares in 2022–23.
