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. Who is the founder of the Indian Statistical Institute in Kolkata?
[A] C.R.Rao
[B] P.C.Mehalonibis
[C] Yoginder K ALagah
[D] Amartya Sen
Show Answer
Correct Answer: B [P.C.Mehalonibis]
Notes:
P.C.Mehalonibis is the father of Indian statistical research and the brains behind some of Independent India’s most essential tools of governance. The Bengali scientist and applied statistician founded India’s oldest and most prestigious statistical institution at Kolkata.
12. Which sector gained most in GDP share post-1991 LPG reforms?
[A] Primary sector
[B] Secondary sector
[C] Tertiary sector
[D] Unorganised sector
Show Answer
Correct Answer: C [Tertiary sector]
Notes:
Tertiary sector grew fastest post-1991 LPG reforms, mainly due to IT, software, and services, contributing 54-55% to India’s GDP recently, while primary and secondary sectors’ shares decreased. Growth was fueled by liberalization, globalization, and increased demand for services.
13. Which Irrigation system cannot be used for growing Paddy?
[A] Sprinkler
[B] Canal
[C] Tank
[D] Well
Show Answer
Correct Answer: A [Sprinkler]
Notes:
Sprinkler irrigation is spraying of water in the air which is not sufficient for the growth of paddy. Paddy needs flooding in the area.
14. Which state is the largest producer of coconut in India?
[A] Kerala
[B] Tamil Nadu
[C] Karnataka
[D] Andhra Pradesh
Show Answer
Correct Answer: B [Tamil Nadu]
Notes:
Tamil Nadu produced about 43.02 lakh tonnes of coconut as per 2024–25 third advance estimates by the Department of Agriculture & Farmers Welfare. Tamil Nadu also had the highest yield at 8.51 tonnes per hectare. Kerala and Karnataka ranked second and third in coconut production among Indian states in the same period.
15. What is the minimum area that called a cluster under the National Horticulture mission?
[A] 150 Hectares
[B] 100 Hectares
[C] 250 Hectares
[D] 140 Hectares
Show Answer
Correct Answer: B [100 Hectares]
Notes:
Under National Horticulture Mission, a Cluster comprises an area of not less than 100 hectares under a horticulture crop. The various components under the mission will be using the cluster approach.
16. What is animal husbandry’s contribution to India’s Gross Value Added?
[A] 5.50%
[B] 5.73%
[C] 6.17%
[D] 4.90%
Show Answer
Correct Answer: B [5.73%]
Notes:
The livestock sector is a major driver of India’s economy, contributing approximately 5.5% to 5.73% of the total National Gross Value Added (GVA) as of 2023-24. Within the agriculture and allied sectors, animal husbandry’s contribution is significant, accounting for over 30% of the Agricultural GVA and driving rural income growth.
17. Which wool grade has the highest production in India?
[A] Coarse grade
[B] Apparel grade
[C] Export grade
[D] Carpet grade
Show Answer
Correct Answer: D [Carpet grade]
Notes:
India produces over 90% of its wool in the carpet grade category. Carpet grade wool is coarser and used mainly for making carpets and blankets. Data from the Ministry of Textiles shows that carpet grade wool dominates total production, while apparel grade is a minor share. India ranks second globally in total raw wool production after China as of 2022.
18. Where is the Central Bird Research Institute located?
[A] Izzatnagar
[B] Mathura
[C] Visakhapatanam
[D] Hyderabad
Show Answer
Correct Answer: A [Izzatnagar]
Notes:
The Central Avian Research Institute of India is a research institute located at Izzatnagar near Bareilly, Uttar Pradesh state, India. It studies poultry science, including avian genetics, breeding, nutrition and feed technology, and avian physiology and reproduction, for the betterment of the Indian poultry industry.
19. The local system of canal irrigation found in Parts of Himachal Pradesh over four hundred years ago is known as?
[A] Baori
[B] Khadin
[C] Jhalara
[D] Kuhl
Show Answer
Correct Answer: D [Kuhl]
Notes:
Kuhl is a type of traditional irrigation system in Himachal Pradesh. They are surface channels diverting water from natural flowing streams (khuds). A typical community of kuhls services 6 to 30 farmers, irrigating an area of about 20 ha.
20. Which agency is the nodal implementer of Operation Greens?
[A] NAFED
[B] SFAC
[C] NABARD
[D] ICAR
Show Answer
Correct Answer: A [NAFED]
Notes:
NAFED was designated as the nodal agency for Operation Greens by the Ministry of Food Processing Industries in 2018. Operation Greens aims to stabilize the supply and price of tomato, onion, and potato crops. NAFED undertakes price stabilization measures including procurement and storage under the project.
